502, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in March 2019, 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 502, Ocean Heights Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 80
- Parking
- B1-36
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1M · March 2019
- Building
- Ocean Heights Tower
About 502, Ocean Heights Tower
502 is a one-bedroom apartment of 1,116 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 27 March 2019 for AED 1,000,000, or AED 896 per sqft, 26% below the AED 1,216 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2025, is AED 92,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 18,200 a year.
Sales and rents for 502 over time
502 has sold 4 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 502 sits
All 282 1-beds →502 last sold in March 2019 at AED 896 per sqft, 26% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,216). 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. 502's AED 92,000 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 5th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 929 sqft | AED 1.57MAED 1,565,000 · Dec 2011December 2011 | 135,000 /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 |
502, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 1,514,000, last on 27 March 2019 for AED 1,000,000 (AED 896 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 92,000 by July 2025.
- At AED 92,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 18,200 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 1 July 2025.
Questions about 502, Ocean Heights Tower
What did unit 502 last sell for?
AED 1,000,000 on 27 March 2019: AED 896 per sqft for 1,116 sqft. The unit has 4 registered sales; the first was AED 1,514,000 in July 2009.
What is the rent for unit 502?
AED 92,000 a year on the contract signed on 1 July 2025. The previous contract, from October 2022, was AED 80,000; the unit has been rented since October 2015.
How big is unit 502?
1,116 sqft (103.7 sqm): a one-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 502 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 502, Ocean Heights Tower
Starts from the last sale price (AED 1M, 27 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →