1602, Ocean Heights Tower
Sold prices and rental history: sold 6 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Ocean Heights Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 30 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,109 sqft
- Floor
- 16th of 80
- Parking
- B2-32
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.35M · April 2024
- Building
- Ocean Heights Tower
About 1602, Ocean Heights Tower
1602 is a one-bedroom apartment of 1,109 sqft on the 16th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 16 April 2024 for AED 1,350,000, or AED 1,217 per sqft, 11% below the AED 1,362 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 30 June 2025, is AED 105,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1602 over time
1602 has sold 6 times; the dashed line is the one-bed median of each year in the building.
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 1602 sits
All 282 1-beds →1602 last sold in April 2024 at AED 1,217 per sqft, 11% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,362). 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. 1602's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 926 sqft | 1,625,000 | 1,754 | ||
| 5 Feb 20265 February 2026 | 1,062 sqft | 1,500,000 | 1,412 | ||
| 4 Feb 20264 February 2026 | 1,050 sqft | 1,625,000 | 1,547 | ||
| 29 Dec 202529 December 2025 | 971 sqft | 1,365,000 | 1,405 |
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 16th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,605 sqft | AED 2.15MAED 2,150,000 · Mar 2013March 2013 | 170,000 /yr | |
| 1603 | 1-bed | 1,064 sqft | AED 1.23MAED 1,225,000 · Jun 2018June 2018 | 105,000 /yr | |
| 1604 | 1-bed | 1,184 sqft | AED 1.15MAED 1,151,000 · Jan 2012January 2012 | 110,000 /yr | |
| 1605 | 1-bed | 880 sqft | AED 3.31MAED 3,309,240 · Jul 2011July 2011 | 80,580 /yr | |
| 1606 | 1-bed | 878 sqft | AED 1.39MAED 1,388,903 · Apr 2012April 2012 | 90,000 /yr | |
| 1607 | 2-bed | 1,342 sqft | AED 1.85MAED 1,850,000 · Oct 2024October 2024 | 99,300 /yr | |
| 1608 | 2-bed | 1,253 sqft | AED 1.75MAED 1,748,000 · Jul 2011July 2011 | 121,000 /yr | |
| 1609 | 3-bed | 1,523 sqft | AED 2.14MAED 2,137,957 · Jul 2011July 2011 | 150,000 /yr | |
| 1610 | 1-bed | 923 sqft | AED 1.57MAED 1,570,000 · Apr 2023April 2023 | 100,000 /yr |
1602, Ocean Heights Tower in numbers
- Sold 6 times: first on 8 July 2009 for AED 1,369,000, last on 16 April 2024 for AED 1,350,000 (AED 1,217 per sqft).
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 69,000 in 2022 and recovered to AED 105,000 by June 2025.
- At AED 105,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 18,100 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 30 June 2025.
Questions about 1602, Ocean Heights Tower
What did unit 1602 last sell for?
AED 1,350,000 on 16 April 2024: AED 1,217 per sqft for 1,109 sqft. The unit has 6 registered sales; the first was AED 1,369,000 in July 2009.
What is the rent for unit 1602?
AED 105,000 a year on the contract signed on 30 June 2025. The previous contract, from May 2024, was AED 110,000; the unit has been rented since June 2013.
How big is unit 1602?
1,109 sqft (103.0 sqm): a one-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.
What is unit 1602 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 1602, Ocean Heights Tower
Starts from the last sale price (AED 1.35M, 16 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →