17 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

12A01, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A01 · DLD and Ejari recordsUpdated 26 January 2018

Last soldAED 3.15M26 November 2014

Current rentAED 210K /yr26 January 2018

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 12A01, Ocean Heights Tower

Today

What is 12A01 worth today?

Last sold for AED 3,150,000 in 2014

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26 Jan 2018

26 Jan 2018RentedRenewal

AED 210,000/yr12 months · AED 127 per sqft

26 Jan 2017

26 Jan 2017RentedRenewal

AED 210,000/yr12 months · AED 127 per sqft

26 Jan 2016

26 Jan 2016RentedNew contract

AED 230,000/yr12 months · AED 139 per sqft

26 Nov 2014

26 Nov 2014SoldReady

AED 3,150,000AED 1,904 per sqft

2 Oct 2013

2 Oct 2013SoldReady

AED 1,796,000AED 1,085 per sqft

20 Jun 2013

20 Jun 2013RentedNew contract

AED 160,000/yr13 months · AED 97 per sqft

8 Jul 2009

8 Jul 2009Sold by developerOff-plan

AED 1,796,000AED 1,085 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 January 2018.

Key facts

Type: Apartment
Size: 17 sqft
Floor: 12th of 80
Parking: B1-68
Developer: DAMAC
Completed: 2010
Service charge: AED 300 /yr
Last sold: AED 3.15M · November 2014
Building: Ocean Heights Tower

About 12A01, Ocean Heights Tower

12A01 is an apartment of 17 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 26 November 2014 for AED 3,150,000, or AED 1,904 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 26 January 2018, is AED 210,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 300 a year.

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


1201		1,581 sqft	AED 2.3MAED 2,300,000 · Sep 2024September 2024	140,000 /yr
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
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

1–7 of 19

12A01, Ocean Heights Tower in numbers

Sold 3 times: first on 8 July 2009 for AED 1,796,000, last on 26 November 2014 for AED 3,150,000 (AED 1,904 per sqft).
Rented since June 2013 on 4 Ejari contracts, from AED 160,000 to AED 210,000 a year.
At AED 210,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 300 a year (AED 16.32 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 January 2018.

Questions about 12A01, Ocean Heights Tower

What did unit 12A01 last sell for?

AED 3,150,000 on 26 November 2014: AED 1,904 per sqft for 17 sqft. The unit has 3 registered sales; the first was AED 1,796,000 in July 2009.

What is the rent for unit 12A01?

AED 210,000 a year on the contract renewed on 26 January 2018. The previous contract, from January 2017, was AED 210,000; the unit has been rented since June 2013.

How big is unit 12A01?

17 sqft (1.6 sqm): an apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 12A01 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 12A01, Ocean Heights Tower

Starts from the last sale price (AED 3.15M, 26 November 2014). Switch to today's estimate once you have unlocked it.

Price: AED 3,150,000
Deposit, UAE resident (20%): AED 630,000
Deposit, non-resident (40%): AED 1,260,000
Monthly over 25 years at 3.7%: AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →