507, Ocean Heights Tower
Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Ocean Heights Tower
What is 507 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 29 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,247 sqft
- Floor
- 5th of 80
- Parking
- B2-78
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 20,400 /yr
- Last sold
- AED 2.76M · May 2011
- Building
- Ocean Heights Tower
About 507, Ocean Heights Tower
507 is a two-bedroom apartment of 1,247 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 5 May 2011 for AED 2,761,000, or AED 2,214 per sqft, 70% above the AED 1,306 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 29 August 2025, is AED 120,000 a year: a gross yield of 4.3% on the 2011 price, before the service charge of about AED 20,400 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 196 2-beds →507 last sold in May 2011 at AED 2,214 per sqft, 70% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,306). 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. 507's AED 120,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 506 | 1-bed | 877 sqft | AED 872KAED 871,902 · Apr 2012April 2012 | 85,000 /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 |
507, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,761,000, last on 5 May 2011 for AED 2,761,000 (AED 2,214 per sqft).
- Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 120,000 by August 2025.
- At AED 120,000 a year the gross yield on the 2011 price is 4.3%, before a service charge of about AED 20,400 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 29 August 2025.
Questions about 507, Ocean Heights Tower
What did unit 507 last sell for?
AED 2,761,000 on 5 May 2011: AED 2,214 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 2,761,000 in July 2009.
What is the rent for unit 507?
AED 120,000 a year on the contract signed on 29 August 2025. The previous contract, from February 2024, was AED 110,000; the unit has been rented since September 2012.
How big is unit 507?
1,247 sqft (115.9 sqm): a two-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 507 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.
Selling 507? 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 507, Ocean Heights Tower
Starts from the last sale price (AED 2.76M, 5 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,761,000
- Deposit, UAE resident (20%)
- AED 552,200
- Deposit, non-resident (40%)
- AED 1,104,400
- Monthly over 25 years at 3.7%
- AED 11,296
Plus AED 120,972 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →