2-bed · 1,367 sqftOcean Heights Tower, Dubai Marina · 11th floor · completed 2010

11A09, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 11A09 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 1.93M9 July 2024
Current rentAED 97K /yr13 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 11A09, Ocean Heights Tower

What is 11A09 worth today?

Last sold for AED 1,930,000 in 2024

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9 Jul 2024SoldReady
AED 1,930,000AED 1,411 per sqft
13 May 2023RentedRenewal
AED 96,800/yr6 months · AED 71 per sqft
15 Apr 2023RentedNew contract
AED 135,000/yr12 months · AED 99 per sqft
13 May 2022RentedRenewal
AED 88,000/yr12 months · AED 64 per sqft
13 May 2021RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
13 May 2020RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
19 Apr 2019RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft
19 Apr 2018RentedRenewal
AED 130,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2024.

Key facts

Type
2-bed apartment
Size
1,367 sqft
Floor
11th of 80
Parking
P1-63
Developer
DAMAC
Completed
2010
Service charge
AED 22,300 /yr
Last sold
AED 1.93M · July 2024

About 11A09, Ocean Heights Tower

11A09 is a two-bedroom apartment of 1,367 sqft on the 11th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 9 July 2024 for AED 1,930,000, or AED 1,411 per sqft, 5% above the AED 1,345 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 13 May 2023, is AED 96,800 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 22,300 a year.

Sales and rents for 11A09 over time

Sales
Unit 11A09, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,063,000; 2010 AED 2,329,625; 2011 AED 2,062,500; 2012 AED 1,860,000; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 950,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,050,000; 2025 AED 2,332,268Sold by developer, October 2010: AED 1,704,300 (AED 1,246 per sqft)Sold, October 2013: AED 1,704,300 (AED 1,246 per sqft)Sold, December 2013: AED 2,400,000 (AED 1,755 per sqft)Sold, July 2024: AED 1,930,000 (AED 1,411 per sqft)

11A09 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 11A09, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 119,679; 2014 AED 140,000; 2015 AED 146,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 87,000; 2021 AED 85,625; 2022 AED 97,000; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 150,000New contract, April 2017: AED 130,000 a yearRenewal, April 2018: AED 130,000 a yearRenewal, April 2019: AED 125,000 a yearNew contract, May 2020: AED 80,000 a yearRenewal, May 2021: AED 80,000 a yearRenewal, May 2022: AED 88,000 a yearNew contract, April 2023: AED 135,000 a yearRenewal, May 2023: AED 96,800 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ocean Heights Tower, and where 11A09 sits

All 196 2-beds →

11A09 last sold in July 2024 at AED 1,411 per sqft, 5% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,345). Over the last 12 months two-beds sold for AED 2,100,000 to 3,100,000, around AED 1,819 per sqft, and rent for AED 113,400 to 200,000 a year. 11A09's AED 96,800 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20262,100,000
12 Jan 20262,800,000
26 Jun 20252,150,000
10 Jun 20252,314,535
3 2-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. 9 sold in the last 12 months.

Typical price per sqft
AED 1,754
Typical sale
AED 2.1M
Typical rent
AED 130K /yr
Typical yield
5.8%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 581 units in Ocean Heights Tower
Value
11013-bedAED 2.25M · Jul 2024
11021-bedAED 1M · Jul 2022
11031-bedAED 1.4M · Oct 2013
11041-bedAED 1.11M · May 2011
11051-bedAED 1.33M · Feb 2017
11061-bedAED 910K · May 2011
11072-bedAED 1.5M · Jul 2023
1–7 of 19

11A09, Ocean Heights Tower in numbers

  • Sold 4 times: first on 4 October 2010 for AED 1,704,300, last on 9 July 2024 for AED 1,930,000 (AED 1,411 per sqft).
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 96,800 by May 2023.
  • At AED 96,800 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 22,300 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 2,100,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,754 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2024.

Questions about 11A09, Ocean Heights Tower

What did unit 11A09 last sell for?

AED 1,930,000 on 9 July 2024: AED 1,411 per sqft for 1,367 sqft. The unit has 4 registered sales; the first was AED 1,704,300 in October 2010.

What is the rent for unit 11A09?

AED 96,800 a year on the contract renewed on 13 May 2023. The previous contract, from April 2023, was AED 135,000; the unit has been rented since April 2017.

How big is unit 11A09?

1,367 sqft (127.0 sqm): a two-bedroom apartment on the 11th floor of a 80-storey tower completed in 2010.

What is unit 11A09 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 2,100,000 to 3,100,000 in the last 12 months, around AED 1,819 per sqft.

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Mortgage on 11A09, Ocean Heights Tower

Starts from the last sale price (AED 1.93M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →