506, Ocean Heights Tower
Sold prices and rental history: sold twice, last in April 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Ocean Heights Tower
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 877 sqft
- Floor
- 5th of 80
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 872K · April 2012
- Building
- Ocean Heights Tower
About 506, Ocean Heights Tower
506 is a one-bedroom apartment of 877 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 22 April 2012 for AED 871,902, or AED 994 per sqft, 21% below the AED 1,251 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 4 August 2025, is AED 85,000 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 14,300 a year.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 282 1-beds →506 last sold in April 2012 at AED 994 per sqft, 21% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,251). 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. 506's AED 85,000 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 | |
| 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 | |
| 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 |
506, Ocean Heights Tower in numbers
- Sold twice: first on 7 September 2010 for AED 871,902, last on 22 April 2012 for AED 871,902 (AED 994 per sqft).
- Rented since June 2022 on 3 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 14,300 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 4 August 2025.
Questions about 506, Ocean Heights Tower
What did unit 506 last sell for?
AED 871,902 on 22 April 2012: AED 994 per sqft for 877 sqft. The unit has 2 registered sales; the first was AED 871,902 in September 2010.
What is the rent for unit 506?
AED 85,000 a year on the contract renewed on 4 August 2025. The previous contract, from August 2024, was AED 85,000; the unit has been rented since June 2022.
How big is unit 506?
877 sqft (81.5 sqm): a one-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Ocean Heights Tower
Starts from the last sale price (AED 872K, 22 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 871,902
- Deposit, UAE resident (20%)
- AED 174,380
- Deposit, non-resident (40%)
- AED 348,761
- Monthly over 25 years at 3.7%
- AED 3,567
Plus AED 41,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →