7505, Ocean Heights Tower
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7505, Ocean Heights Tower
What is 7505 worth today?
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Source: Dubai Land Department. Updated 15 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,092 sqft
- Floor
- 75th of 80
- Parking
- P1-29
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.38M · July 2022
- Building
- Ocean Heights Tower
About 7505, Ocean Heights Tower
7505 is a one-bedroom apartment of 1,092 sqft on the 75th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 15 July 2022 for AED 1,375,000, or AED 1,259 per sqft, 17% above the AED 1,079 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 November 2020, is AED 65,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 17,800 a year.
Sales and rents for 7505 over time
7505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ocean Heights Tower, and where 7505 sits
All 288 1-beds →7505 last sold in July 2022 at AED 1,259 per sqft, 17% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,079). Over the last 12 months one-beds sold for AED 1,253,115 to 2,800,000, around AED 1,651 per sqft, and rent for AED 66,000 to 175,000 a year. 7505's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 apartments, 1-bed to 5-bed over 80 floors in Dubai Marina, completed in 2010 by DAMAC. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,609 Up 8.6%
- Typical sale
- AED 2.1M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.7%
Other units on the 75th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7501 | 1-bed | 1,386 sqft | AED 2.22MAED 2,217,600 · Nov 2011November 2011 | 150,000 /yr | |
| 7502 | 2-bed | 3,578 sqft | AED 5.01MAED 5,009,200 · May 2016May 2016 | 145,000 /yr | |
| 7503 | 3-bed | 2,678 sqft | AED 2.3MAED 2,300,000 · Apr 2017April 2017 | 200,000 /yr | |
| 7504 | 1-bed | 1,972 sqft | AED 3.85MAED 3,845,400 · Oct 2013October 2013 |
7505, Ocean Heights Tower in numbers
- Sold twice: first on 27 August 2013 for AED 2,238,600, last on 15 July 2022 for AED 1,375,000 (AED 1,259 per sqft).
- Rented since May 2014 on 7 Ejari contracts, from AED 89,500 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 17,800 a year (AED 16.32 per sqft).
- One-beds in Ocean Heights Tower sold for AED 1,253,115–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,609 per sqft.
Source: Dubai Land Department. Updated 15 July 2022.
Questions about 7505, Ocean Heights Tower
What did unit 7505 last sell for?
AED 1,375,000 on 15 July 2022: AED 1,259 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 2,238,600 in August 2013.
What is the rent for unit 7505?
AED 65,000 a year on the contract signed on 1 November 2020. The previous contract, from September 2019, was AED 85,000; the unit has been rented since May 2014.
How big is unit 7505?
1,092 sqft (101.5 sqm): a one-bedroom apartment on the 75th floor of a 80-storey tower completed in 2010.
What is unit 7505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,253,115 to 2,800,000 in the last 12 months, around AED 1,651 per sqft.
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Mortgage on 7505, Ocean Heights Tower
Starts from the last sale price (AED 1.38M, 15 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →