1202, Oceanic Tower
Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Oceanic Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 1 November 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,449 sqft
- Floor
- 12th of 32
- Parking
- 105, 106
- Developer
- Trident International Holding
- Service charge
- AED 51,500 /yr
- Last sold
- AED 1.88M · April 2013
- Building
- Oceanic Tower
About 1202, Oceanic Tower
1202 is a three-bedroom apartment of 2,449 sqft on the 12th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. The developer sold it on 18 April 2013 for AED 1,877,000, or AED 766 per sqft, 4% below the AED 796 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 November 2020, is AED 120,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 51,500 a year.
Sales and rents for 1202 over time
1202 has sold once; 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 1202 sits
All 46 3-beds →1202 last sold in April 2013 at AED 766 per sqft, 4% below what three-beds in Oceanic Tower were fetching at the time (AED 796). 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. 1202's AED 120,000 is at the bottom 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 Tower1202, Oceanic Tower in numbers
- Sold once: by Trident International Holding on 18 April 2013 for AED 1,877,000, or AED 766 per sqft.
- Rented since July 2013 on 6 Ejari contracts, from AED 220,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 51,500 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 1 November 2020.
Questions about 1202, Oceanic Tower
What did unit 1202 last sell for?
AED 1,877,000 on 18 April 2013, sold by the developer: AED 766 per sqft for 2,449 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 120,000 a year on the contract signed on 1 November 2020. The previous contract, from July 2017, was AED 231,000; the unit has been rented since July 2013.
How big is unit 1202?
2,449 sqft (227.5 sqm): a three-bedroom apartment on the 12th floor of a 32-storey tower.
What is unit 1202 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 1202, Oceanic Tower
Starts from the last sale price (AED 1.88M, 18 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,877,000
- Deposit, UAE resident (20%)
- AED 375,400
- Deposit, non-resident (40%)
- AED 750,800
- Monthly over 25 years at 3.7%
- AED 7,679
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →