1201, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in September 2024, 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 1201, Ocean Heights Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- Apartment
- Size
- 1,581 sqft
- Floor
- 12th of 80
- Parking
- B1-67
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,800 /yr
- Last sold
- AED 2.3M · September 2024
- Building
- Ocean Heights Tower
About 1201, Ocean Heights Tower
1201 is an apartment of 1,581 sqft on the 12th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 23 September 2024 for AED 2,300,000, or AED 1,454 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 4 August 2023, is AED 140,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 25,800 a year.
Ocean Heights Tower
Building581 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%
Other units on the 12th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 1,118 sqft | AED 1.34MAED 1,339,000 · Feb 2011February 2011 | 95,000 /yr | |
| 1203 | 1-bed | 1,053 sqft | AED 1.1MAED 1,095,000 · Oct 2022October 2022 | 94,500 /yr | |
| 1204 | 1-bed | 1,192 sqft | AED 1.4MAED 1,400,000 · Apr 2024April 2024 | 105,000 /yr | |
| 1205 | 1-bed | 879 sqft | AED 859KAED 859,000 · May 2011May 2011 | 90,000 /yr | |
| 1206 | 1-bed | 878 sqft | AED 1.28MAED 1,280,000 · Jun 2024June 2024 | 60,000 /yr | |
| 1207 | 2-bed | 1,299 sqft | AED 950KAED 950,000 · Nov 2020November 2020 | 80,000 /yr | |
| 1208 | 2-bed | 1,358 sqft | AED 1.86MAED 1,855,000 · Oct 2013October 2013 | 70,000 /yr | |
| 1209 | 2-bed | 1,316 sqft | AED 2.07MAED 2,070,000 · Jul 2011July 2011 | 99,317 /yr | |
| 1210 | 2-bed | 1,493 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | 145,000 /yr | |
| 12A01 | 17 sqft | AED 3.15MAED 3,150,000 · Nov 2014November 2014 | 210,000 /yr | ||
| 12A02 | 1-bed | 1,113 sqft | AED 1.3MAED 1,300,000 · Oct 2023October 2023 | 92,000 /yr | |
| 12A03 | 1-bed | 951 sqft | AED 1.3MAED 1,298,000 · May 2011May 2011 | 98,000 /yr | |
| 12A04 | 1,189 sqft | AED 1.4MAED 1,400,000 · Aug 2025August 2025 | 88,000 /yr | ||
| 12A05 | 1-bed | 439 sqft | AED 861KAED 861,000 · May 2011May 2011 | 89,250 /yr | |
| 12A06 | 1-bed | 878 sqft | AED 1.34MAED 1,335,000 · May 2025May 2025 | 56,000 /yr | |
| 12A07 | 2-bed | 1,327 sqft | AED 1.7MAED 1,700,000 · Jul 2024July 2024 | 130,000 /yr | |
| 12A08 | 2-bed | 1,315 sqft | AED 1.95MAED 1,950,000 · May 2025May 2025 | 88,000 /yr | |
| 12A09 | 3-bed | 1,675 sqft | AED 1.7MAED 1,701,890 · Aug 2022August 2022 | 180,000 /yr | |
| 12A10 | 1-bed | 969 sqft | AED 1.55MAED 1,545,000 · Sep 2023September 2023 | 95,000 /yr |
1201, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,724,000, last on 23 September 2024 for AED 2,300,000 (AED 1,454 per sqft).
- Rented since February 2014 on 8 Ejari contracts, from AED 50,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 25,800 a year (AED 16.32 per sqft).
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 1201, Ocean Heights Tower
What did unit 1201 last sell for?
AED 2,300,000 on 23 September 2024: AED 1,454 per sqft for 1,581 sqft. The unit has 3 registered sales; the first was AED 1,724,000 in July 2009.
What is the rent for unit 1201?
AED 140,000 a year on the contract signed on 4 August 2023. The previous contract, from August 2022, was AED 125,000; the unit has been rented since February 2014.
How big is unit 1201?
1,581 sqft (146.9 sqm): an apartment on the 12th floor of a 80-storey tower completed in 2010.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1201, Ocean Heights Tower
Starts from the last sale price (AED 2.3M, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →