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1-bed · 1,053 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

1203, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.1M20 October 2022
Current rentAED 95K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Ocean Heights Tower

What is 1203 worth today?

Last sold for AED 1,095,000 in 2022

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20 Feb 2026RentedRenewal
AED 94,500/yr12 months · AED 90 per sqft
20 Feb 2025RentedRenewal
AED 94,500/yr12 months · AED 90 per sqft
20 Feb 2023RentedNew contract
AED 90,000/yr12 months · AED 85 per sqft
20 Oct 2022SoldReady
AED 1,095,000AED 1,039 per sqft
28 Sep 2022RentedRenewal
AED 66,000/yr12 months · AED 63 per sqft
28 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
28 Sep 2020RentedNew contract
AED 54,000/yr12 months · AED 51 per sqft
28 Sep 2020RentedNew contract
AED 54,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
1,053 sqft
Floor
12th of 80
Parking
B2-9
Developer
DAMAC
Completed
2010
Service charge
AED 17,200 /yr
Last sold
AED 1.1M · October 2022
Building
Ocean Heights Tower

About 1203, Ocean Heights Tower

1203 is a one-bedroom apartment of 1,053 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 20 October 2022 for AED 1,095,000, or AED 1,039 per sqft, 4% below the AED 1,079 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 94,500 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 17,200 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,246,000; 2010 AED 1,715,000; 2011 AED 1,207,000; 2012 AED 1,121,294; 2013 AED 1,330,000; 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 960,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,365,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,449,000 (AED 1,376 per sqft)Sold, August 2011: AED 1,449,000 (AED 1,376 per sqft)Sold, October 2022: AED 1,095,000 (AED 1,039 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Ocean Heights Tower
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 100,535; 2017 AED 95,000; 2018 AED 89,000; 2019 AED 78,000; 2020 AED 66,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 87,500; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 104,500New contract, February 2014: AED 115,000 a yearNew contract, September 2015: AED 120,000 a yearNew contract, February 2017: AED 105,000 a yearNew contract, May 2018: AED 80,000 a yearNew contract, September 2020: AED 54,000 a yearNew contract, September 2020: AED 54,000 a yearRenewal, September 2021: AED 60,000 a yearRenewal, September 2022: AED 66,000 a yearNew contract, February 2023: AED 90,000 a yearRenewal, February 2025: AED 94,500 a yearRenewal, February 2026: AED 94,500 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 1203 sits

All 282 1-beds →

1203 last sold in October 2022 at AED 1,039 per sqft, 4% below 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 1,365,000 to 1,625,000, around AED 1,480 per sqft, and rent for AED 79,406 to 175,000 a year. 1203's AED 94,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,625,000
5 Feb 20261,500,000
4 Feb 20261,625,000
29 Dec 20251,365,000
4 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. 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 12th floor

All 581 units in Ocean Heights Tower
Value
1201AED 2.3M · Sep 2024
12021-bedAED 1.34M · Feb 2011
12041-bedAED 1.4M · Apr 2024
12051-bedAED 859K · May 2011
12061-bedAED 1.28M · Jun 2024
12072-bedAED 950K · Nov 2020
12082-bedAED 1.86M · Oct 2013
1–7 of 19

1203, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,449,000, last on 20 October 2022 for AED 1,095,000 (AED 1,039 per sqft).
  • Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 54,000 in 2020 and recovered to AED 94,500 by February 2026.
  • At AED 94,500 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 17,200 a year (AED 16.32 per sqft).
  • One-beds in Ocean Heights Tower sold for AED 1,365,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,754 per sqft.

Source: Dubai Land Department. Updated 20 February 2026.

Questions about 1203, Ocean Heights Tower

What did unit 1203 last sell for?

AED 1,095,000 on 20 October 2022: AED 1,039 per sqft for 1,053 sqft. The unit has 3 registered sales; the first was AED 1,449,000 in July 2009.

What is the rent for unit 1203?

AED 94,500 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 94,500; the unit has been rented since February 2014.

How big is unit 1203?

1,053 sqft (97.8 sqm): a one-bedroom apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 1203 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 1,365,000 to 1,625,000 in the last 12 months, around AED 1,480 per sqft.

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Mortgage on 1203, Ocean Heights Tower

Starts from the last sale price (AED 1.1M, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

Plus AED 51,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →