501, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Ocean Heights Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 929 sqft
- Floor
- 5th of 80
- Parking
- B2-79
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 15,200 /yr
- Last sold
- AED 1.57M · December 2011
- Building
- Ocean Heights Tower
About 501, Ocean Heights Tower
501 is a two-bedroom apartment of 929 sqft on the 5th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 20 December 2011 for AED 1,565,000, or AED 842 per sqft, 44% below the AED 1,516 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 November 2025, is AED 135,000 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 15,200 a year.
Sales and rents for 501 over time
501 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 196 2-beds →501 last sold in December 2011 at AED 842 per sqft, 44% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,516). 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. 501's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 | ||
| 12 Jan 202612 January 2026 | 1,528 sqft | 2,800,000 | 1,832 | ||
| 26 Jun 202526 June 2025 | 1,602 sqft | 2,150,000 | 1,342 | ||
| 10 Jun 202510 June 2025 | 1,640 sqft | 2,314,535 | 1,411 |
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 5th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 1,116 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 92,000 /yr | |
| 503 | 1-bed | 1,019 sqft | AED 1.1MAED 1,100,000 · Jan 2013January 2013 | 95,000 /yr | |
| 504 | 1-bed | 1,291 sqft | AED 2.76MAED 2,760,142 · Aug 2011August 2011 | 75,000 /yr | |
| 505 | 1-bed | 826 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | 100,000 /yr | |
| 506 | 1-bed | 877 sqft | AED 872KAED 871,902 · Apr 2012April 2012 | 85,000 /yr | |
| 507 | 2-bed | 1,247 sqft | AED 2.76MAED 2,761,000 · May 2011May 2011 | 120,000 /yr | |
| 508 | 2-bed | 1,510 sqft | AED 1.55MAED 1,547,750 · Apr 2011April 2011 | 134,000 /yr | |
| 509 | 17 sqft | AED 1.58MAED 1,580,000 · Jun 2022June 2022 | 105,000 /yr | ||
| 510 | 2-bed | 1,731 sqft | AED 3.46MAED 3,462,750 · Mar 2014March 2014 | 110,000 /yr |
501, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 3,620,000, last on 20 December 2011 for AED 1,565,000 (AED 842 per sqft).
- Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2018 and recovered to AED 135,000 by November 2025.
- At AED 135,000 a year the gross yield on the 2011 price is 8.6%, before a service charge of about AED 15,200 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 1 November 2025.
Questions about 501, Ocean Heights Tower
What did unit 501 last sell for?
AED 1,565,000 on 20 December 2011: AED 842 per sqft for 929 sqft. The unit has 4 registered sales; the first was AED 3,620,000 in July 2009.
What is the rent for unit 501?
AED 135,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2023, was AED 125,000; the unit has been rented since June 2015.
How big is unit 501?
929 sqft (86.3 sqm): a two-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 501 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 501, Ocean Heights Tower
Starts from the last sale price (AED 1.57M, 20 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,565,000
- Deposit, UAE resident (20%)
- AED 313,000
- Deposit, non-resident (40%)
- AED 626,000
- Monthly over 25 years at 3.7%
- AED 6,403
Plus AED 70,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →