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2-bed · 1,327 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

12A07, Ocean Heights Tower

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

Unit 12A07 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1.7M3 July 2024
Current rentAED 130K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 12A07, Ocean Heights Tower

What is 12A07 worth today?

Last sold for AED 1,700,000 in 2024

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9 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
3 Jul 2024SoldReady
AED 1,700,000AED 1,281 per sqft
25 May 2011SoldReady
AED 1,312,000AED 988 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,312,000AED 988 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
12th of 80
Parking
B3-73
Developer
DAMAC
Completed
2010
Service charge
AED 21,700 /yr
Last sold
AED 1.7M · July 2024
Building
Ocean Heights Tower

About 12A07, Ocean Heights Tower

12A07 is a two-bedroom apartment of 1,327 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 3 July 2024 for AED 1,700,000, or AED 1,281 per sqft, 5% below the AED 1,345 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2024. The current contract, signed on 9 October 2024, is AED 130,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 21,700 a year.

Sales and rents for 12A07 over time

Sales
Unit 12A07, 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, July 2009: AED 1,312,000 (AED 988 per sqft)Sold, May 2011: AED 1,312,000 (AED 988 per sqft)Sold, July 2024: AED 1,700,000 (AED 1,281 per sqft)

12A07 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 12A07, 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, October 2024: AED 130,000 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 12A07 sits

All 196 2-beds →

12A07 last sold in July 2024 at AED 1,281 per sqft, 5% below 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. 12A07's AED 130,000 is in the lower half 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 12th floor

All 581 units in Ocean Heights Tower
Value
1201AED 2.3M · Sep 2024
12021-bedAED 1.34M · Feb 2011
12031-bedAED 1.1M · Oct 2022
12041-bedAED 1.4M · Apr 2024
12051-bedAED 859K · May 2011
12061-bedAED 1.28M · Jun 2024
12072-bedAED 950K · Nov 2020
1–7 of 19

12A07, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,312,000, last on 3 July 2024 for AED 1,700,000 (AED 1,281 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 21,700 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: Dubai Land Department. Updated 9 October 2024.

Questions about 12A07, Ocean Heights Tower

What did unit 12A07 last sell for?

AED 1,700,000 on 3 July 2024: AED 1,281 per sqft for 1,327 sqft. The unit has 3 registered sales; the first was AED 1,312,000 in July 2009.

What is the rent for unit 12A07?

AED 130,000 a year on the contract signed on 9 October 2024.

How big is unit 12A07?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 12A07 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 12A07, Ocean Heights Tower

Starts from the last sale price (AED 1.7M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →