1201, Oceanic Tower
Sold prices and rental history: sold 4 times, last in February 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Oceanic Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 5 February 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 2,491 sqft
- Floor
- 12th of 32
- Parking
- 264, 265
- Developer
- Trident International Holding
- Service charge
- AED 52,300 /yr
- Last sold
- AED 3.75M · February 2017
- Building
- Oceanic Tower
About 1201, Oceanic Tower
1201 is a three-bedroom apartment of 2,491 sqft on the 12th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 5 February 2017 for AED 3,750,000, or AED 1,505 per sqft, 12% above the AED 1,347 three-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 December 2015, is AED 200,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 52,300 a year.
Sales and rents for 1201 over time
1201 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceanic Tower, and where 1201 sits
All 46 3-beds →1201 last sold in February 2017 at AED 1,505 per sqft, 12% above what three-beds in Oceanic Tower were fetching at the time (AED 1,347). Over the last 12 months three-beds sold for AED 3,300,000 to 4,500,000, around AED 1,706 per sqft, and rent for AED 185,000 to 260,000 a year. 1201's AED 200,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jun 20261 June 2026 | 2,491 sqft | 4,000,000 | 1,605 | ||
| 1 May 20261 May 2026 | 2,491 sqft | 4,500,000 | 1,806 | ||
| 20 Feb 202620 February 2026 | 2,273 sqft | 4,150,000 | 1,825 | ||
| 5 Feb 20265 February 2026 | 2,449 sqft | 3,300,000 | 1,347 |
Oceanic Tower
Building122 apartments, 2-bed to 4-bed over 32 floors in Dubai Marina by Trident International Holding. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,490
- Typical sale
- AED 2.95M
- Typical rent
- AED 160K /yr
- Typical yield
- 5.6%
Other units on the 12th floor
All 122 units in Oceanic Tower1201, Oceanic Tower in numbers
- Sold 4 times: first on 29 July 2009 for AED 2,950,000, last on 5 February 2017 for AED 3,750,000 (AED 1,505 per sqft).
- Rented since December 2013 on 3 Ejari contracts, from AED 192,950 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 52,300 a year (AED 21.01 per sqft).
- Three-beds in Oceanic Tower sold for AED 3,300,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.
Source: Dubai Land Department. Updated 5 February 2017.
Questions about 1201, Oceanic Tower
What did unit 1201 last sell for?
AED 3,750,000 on 5 February 2017: AED 1,505 per sqft for 2,491 sqft. The unit has 4 registered sales; the first was AED 2,950,000 in July 2009.
What is the rent for unit 1201?
AED 200,000 a year on the contract signed on 15 December 2015. The previous contract, from December 2014, was AED 198,950; the unit has been rented since December 2013.
How big is unit 1201?
2,491 sqft (231.4 sqm): a three-bedroom apartment on the 12th floor of a 32-storey tower.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceanic Tower sold for AED 3,300,000 to 4,500,000 in the last 12 months, around AED 1,706 per sqft.
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Mortgage on 1201, Oceanic Tower
Starts from the last sale price (AED 3.75M, 5 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,750,000
- Deposit, UAE resident (20%)
- AED 750,000
- Deposit, non-resident (40%)
- AED 1,500,000
- Monthly over 25 years at 3.7%
- AED 15,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →