1-bed · 905 sqftOcean Heights Tower, Dubai Marina · 59th floor · completed 2010

5902, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5902 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.68M11 May 2011
Current rentAED 81K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5902, Ocean Heights Tower

What is 5902 worth today?

Last sold for AED 1,682,000 in 2011

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1 Mar 2025RentedRenewal
AED 80,850/yr12 months · AED 89 per sqft
1 Mar 2025RentedRenewal
AED 80,850/yr12 months · AED 89 per sqft
1 Mar 2023RentedRenewal
AED 73,712/yr12 months · AED 82 per sqft
1 Mar 2021RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
6 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Sep 2016RentedNew contract
AED 102,162/yr12 months · AED 113 per sqft
9 Aug 2014RentedRenewal
AED 110,296/yr12 months · AED 122 per sqft
8 Aug 2013RentedNew contract
AED 84,772/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
905 sqft
Floor
59th of 80
Parking
P2-41
Developer
DAMAC
Completed
2010
Service charge
AED 14,800 /yr
Last sold
AED 1.68M · May 2011

About 5902, Ocean Heights Tower

5902 is a one-bedroom apartment of 905 sqft on the 59th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 May 2011 for AED 1,682,000, or AED 1,858 per sqft, 43% above the AED 1,301 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 80,850 a year: a gross yield of 4.8% on the 2011 price, before the service charge of about AED 14,800 a year.

Sales and rents for 5902 over time

Sales
Unit 5902, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,246,000; 2010 AED 1,715,000; 2011 AED 1,207,000; 2012 AED 1,121,294; 2013 AED 1,330,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 960,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,365,000; 2026 AED 1,625,000Sold by developer, June 2009: AED 1,682,000 (AED 1,858 per sqft)Sold, May 2011: AED 1,682,000 (AED 1,858 per sqft)

5902 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5902, each contractTypical one-bed in Ocean Heights Tower
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 100,535; 2017 AED 95,000; 2018 AED 89,000; 2019 AED 78,000; 2020 AED 66,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 87,500; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 104,500New contract, August 2013: AED 84,772 a yearRenewal, August 2014: AED 110,296 a yearNew contract, September 2016: AED 102,162 a yearNew contract, October 2019: AED 70,000 a yearRenewal, March 2021: AED 70,000 a yearRenewal, March 2023: AED 73,712 a yearRenewal, March 2025: AED 80,850 a yearRenewal, March 2025: AED 80,850 a year

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 5902 sits

All 282 1-beds →

5902 last sold in May 2011 at AED 1,858 per sqft, 43% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,301). 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. 5902's AED 80,850 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,625,000
5 Feb 20261,500,000
4 Feb 20261,625,000
29 Dec 20251,365,000
4 1-bed sales in the last 12 months

Ocean Heights Tower

Building

581 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%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 59th floor

All 581 units in Ocean Heights Tower
Value
59013-bedAED 3.94M · Feb 2026
59032-bedAED 2.89M · Sep 2014
59041-bedAED 1.11M · Aug 2011
59051-bedAED 1.5M · Jan 2014
59062-bedAED 2.4M · Oct 2024
59072-bedAED 2.77M · Oct 2013
59081-bedAED 1.85M · Aug 2024

5902, Ocean Heights Tower in numbers

  • Sold twice: first on 3 June 2009 for AED 1,682,000, last on 11 May 2011 for AED 1,682,000 (AED 1,858 per sqft).
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 84,772 to AED 70,000 in 2021 and recovered to AED 80,850 by March 2025.
  • At AED 80,850 a year the gross yield on the 2011 price is 4.8%, before a service charge of about AED 14,800 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 March 2025.

Questions about 5902, Ocean Heights Tower

What did unit 5902 last sell for?

AED 1,682,000 on 11 May 2011: AED 1,858 per sqft for 905 sqft. The unit has 2 registered sales; the first was AED 1,682,000 in June 2009.

What is the rent for unit 5902?

AED 80,850 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 80,850; the unit has been rented since August 2013.

How big is unit 5902?

905 sqft (84.1 sqm): a one-bedroom apartment on the 59th floor of a 80-storey tower completed in 2010.

What is unit 5902 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 5902, Ocean Heights Tower

Starts from the last sale price (AED 1.68M, 11 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,682,000
Deposit, UAE resident (20%)
AED 336,400
Deposit, non-resident (40%)
AED 672,800
Monthly over 25 years at 3.7%
AED 6,882

Plus AED 75,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →