7201, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7201, Ocean Heights Tower
What is 7201 worth today?
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Source: Dubai Land Department. Updated 21 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,422 sqft
- Floor
- 72nd of 80
- Parking
- P2-89
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.91M · June 2022
- Building
- Ocean Heights Tower
About 7201, Ocean Heights Tower
7201 is a one-bedroom apartment of 1,422 sqft on the 72nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 21 June 2022 for AED 1,910,000, or AED 1,343 per sqft, 32% above the AED 1,019 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 February 2022, is AED 100,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 23,200 a year.
Sales and rents for 7201 over time
7201 has sold 3 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 7201 sits
All 282 1-beds →7201 last sold in June 2022 at AED 1,343 per sqft, 32% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,019). 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. 7201's AED 100,000 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 72nd floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7202 | 2-bed | 1,387 sqft | AED 2.22MAED 2,219,200 · Apr 2011April 2011 | 140,000 /yr | |
| 7203 | 2-bed | 1,526 sqft | AED 3.45MAED 3,451,500 · Jul 2011July 2011 | 140,000 /yr | |
| 7204 | 1-bed | 920 sqft | AED 2.51MAED 2,505,600 · May 2011May 2011 | 95,000 /yr | |
| 7205 | 1-bed | 926 sqft | AED 1.48MAED 1,481,600 · Sep 2012September 2012 | 100,000 /yr | |
| 7206 | 2-bed | 1,503 sqft | AED 2MAED 2,000,000 · Apr 2017April 2017 | 110,000 /yr | |
| 7207 | 2-bed | 1,832 sqft | AED 5MAED 5,000,000 · May 2011May 2011 | 113,850 /yr | |
| 7208 | 1-bed | 1,055 sqft | AED 1.48MAED 1,477,000 · Nov 2011November 2011 | 110,000 /yr |
7201, Ocean Heights Tower in numbers
- Sold 3 times: first on 21 April 2011 for AED 2,275,200, last on 21 June 2022 for AED 1,910,000 (AED 1,343 per sqft).
- Rented since April 2014 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2021 and recovered to AED 100,000 by February 2022.
- At AED 100,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 23,200 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 21 June 2022.
Questions about 7201, Ocean Heights Tower
What did unit 7201 last sell for?
AED 1,910,000 on 21 June 2022: AED 1,343 per sqft for 1,422 sqft. The unit has 3 registered sales; the first was AED 2,275,200 in April 2011.
What is the rent for unit 7201?
AED 100,000 a year on the contract renewed on 15 February 2022. The previous contract, from February 2021, was AED 85,000; the unit has been rented since April 2014.
How big is unit 7201?
1,422 sqft (132.1 sqm): a one-bedroom apartment on the 72nd floor of a 80-storey tower completed in 2010.
What is unit 7201 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 7201, Ocean Heights Tower
Starts from the last sale price (AED 1.91M, 21 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,910,000
- Deposit, UAE resident (20%)
- AED 382,000
- Deposit, non-resident (40%)
- AED 764,000
- Monthly over 25 years at 3.7%
- AED 7,814
Plus AED 85,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →