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1-bed · 1,016 sqftOcean Heights Tower, Dubai Marina · 77th floor · completed 2010

7704, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7704 · DLD and Ejari recordsUpdated 25 May 2017
Last soldAED 1.6M25 May 2017
Current rentAED 110K /yr30 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7704, Ocean Heights Tower

What is 7704 worth today?

Last sold for AED 1,600,000 in 2017

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25 May 2017SoldReady
AED 1,600,000AED 1,574 per sqft
30 May 2015RentedNew contract
AED 110,000/yr12 months · AED 109 per sqft
16 Apr 2014RentedNew contract
AED 107,000/yr12 months · AED 106 per sqft
20 May 2013Sold by developerReady
AED 2,032,000AED 1,999 per sqft

Source: Dubai Land Department. Updated 25 May 2017.

Key facts

Type
1-bed apartment
Size
1,016 sqft
Floor
77th of 80
Parking
P1-24
Developer
DAMAC
Completed
2010
Service charge
AED 16,600 /yr
Last sold
AED 1.6M · May 2017
Building
Ocean Heights Tower

About 7704, Ocean Heights Tower

7704 is a one-bedroom apartment of 1,016 sqft on the 77th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 25 May 2017 for AED 1,600,000, or AED 1,574 per sqft, 16% above the AED 1,352 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 30 May 2015, is AED 110,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 16,600 a year.

Sales and rents for 7704 over time

Sales
Unit 7704, each saleTypical one-bed in Ocean Heights Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, May 2013: AED 2,032,000 (AED 1,999 per sqft)Sold, May 2017: AED 1,600,000 (AED 1,574 per sqft)

7704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7704, each contractTypical one-bed in Ocean Heights Tower
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, April 2014: AED 107,000 a yearNew contract, May 2015: AED 110,000 a year

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 7704 sits

All 288 1-beds →

7704 last sold in May 2017 at AED 1,574 per sqft, 16% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,352). 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. 7704's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-bed sales in the last 12 months

Ocean Heights Tower

Building

581 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%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 77th floor

All 581 units in Ocean Heights Tower
Value
77012-bedAED 2M · Jun 2026
77051-bedAED 6.44M · Dec 2011
77061-bedAED 1.83M · Oct 2011

7704, Ocean Heights Tower in numbers

  • Sold twice: first on 20 May 2013 for AED 2,032,000, last on 25 May 2017 for AED 1,600,000 (AED 1,574 per sqft).
  • Rented since April 2014 on 2 Ejari contracts, from AED 107,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 16,600 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 25 May 2017.

Questions about 7704, Ocean Heights Tower

What did unit 7704 last sell for?

AED 1,600,000 on 25 May 2017: AED 1,574 per sqft for 1,016 sqft. The unit has 2 registered sales; the first was AED 2,032,000 in May 2013.

What is the rent for unit 7704?

AED 110,000 a year on the contract signed on 30 May 2015. The previous contract, from April 2014, was AED 107,000.

How big is unit 7704?

1,016 sqft (94.4 sqm): a one-bedroom apartment on the 77th floor of a 80-storey tower completed in 2010.

What is unit 7704 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 7704, Ocean Heights Tower

Starts from the last sale price (AED 1.6M, 25 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →