1-bed · 1,035 sqftOcean Heights Tower, Dubai Marina · 9th floor · completed 2010

903, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 1.35M5 July 2024
Current rentAED 92K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Ocean Heights Tower

What is 903 worth today?

Last sold for AED 1,350,000 in 2024

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5 Jul 2024SoldReady
AED 1,350,000AED 1,304 per sqft
1 Aug 2016RentedNew contract
AED 91,500/yr12 months · AED 89 per sqft
24 Mar 2016RentedRenewal
AED 100,000/yr6 months · AED 97 per sqft
24 Mar 2015RentedNew contract
AED 74,000/yr12 months · AED 72 per sqft
11 Dec 2014SoldReady
AED 1,420,000AED 1,372 per sqft
24 Mar 2014RentedNew contract
AED 74,000/yr12 months · AED 72 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,420,000AED 1,372 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
1-bed apartment
Size
1,035 sqft
Floor
9th of 80
Parking
B1-52
Developer
DAMAC
Completed
2010
Service charge
AED 16,900 /yr
Last sold
AED 1.35M · July 2024

About 903, Ocean Heights Tower

903 is a one-bedroom apartment of 1,035 sqft on the 9th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 5 July 2024 for AED 1,350,000, or AED 1,304 per sqft, in line with the AED 1,331 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 August 2016, is AED 91,500 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 16,900 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical 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, July 2009: AED 1,420,000 (AED 1,372 per sqft)Sold, December 2014: AED 1,420,000 (AED 1,372 per sqft)Sold, July 2024: AED 1,350,000 (AED 1,304 per sqft)

903 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 903, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, March 2014: AED 74,000 a yearNew contract, March 2015: AED 74,000 a yearRenewal, March 2016: AED 100,000 a yearNew contract, August 2016: AED 91,500 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 903 sits

All 288 1-beds →

903 last sold in July 2024 at AED 1,304 per sqft, in line with what one-beds in Ocean Heights Tower were fetching at the time (AED 1,331). 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. 903's AED 91,500 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 9th floor

All 581 units in Ocean Heights Tower
Value
9013-bedAED 2.75M · Apr 2025
9021-bedAED 1.05M · May 2013
9041-bedAED 1.4M · Oct 2024
9051-bedAED 854K · Aug 2011
9061-bedAED 1.17M · Sep 2018
9072-bedAED 1.27M · Aug 2011
9082-bedAED 1.56M · Jun 2018
1–7 of 9

903, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,420,000, last on 5 July 2024 for AED 1,350,000 (AED 1,304 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 74,000 to AED 91,500 a year.
  • At AED 91,500 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 16,900 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 5 July 2024.

Questions about 903, Ocean Heights Tower

What did unit 903 last sell for?

AED 1,350,000 on 5 July 2024: AED 1,304 per sqft for 1,035 sqft. The unit has 3 registered sales; the first was AED 1,420,000 in July 2009.

What is the rent for unit 903?

AED 91,500 a year on the contract signed on 1 August 2016. The previous contract, from March 2016, was AED 100,000; the unit has been rented since March 2014.

How big is unit 903?

1,035 sqft (96.2 sqm): a one-bedroom apartment on the 9th floor of a 80-storey tower completed in 2010.

What is unit 903 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 903, Ocean Heights Tower

Starts from the last sale price (AED 1.35M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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