2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 12th floor

1204, Oceanic Tower

Sold prices and rental history: sold 4 times, last in March 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 2.8M13 March 2014
Current rentAED 170K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Oceanic Tower

What is 1204 worth today?

Last sold for AED 2,800,000 in 2014

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20 Jun 2025RentedRenewal
AED 170,000/yr12 months · AED 91 per sqft
20 Jun 2025RentedRenewal
AED 170,000/yr12 months · AED 91 per sqft
20 Jun 2024RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft
20 Jun 2024RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft
9 Jun 2023RentedNew contract
AED 160,000/yr12 months · AED 86 per sqft
31 Jul 2022RentedRenewal
AED 104,160/yr8 months · AED 56 per sqft
31 Jul 2021RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
15 May 2020RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
12th of 32
Parking
231
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 2.8M · March 2014

About 1204, Oceanic Tower

1204 is a two-bedroom apartment of 1,862 sqft on the 12th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 13 March 2014 for AED 2,800,000, or AED 1,503 per sqft, 99% above the AED 754 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 170,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 39,100 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Oceanic Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,650,000; 2010 AED 1,945,000; 2011 AED 1,379,000; 2012 AED 1,416,000; 2013 AED 1,410,000; 2014 AED 2,725,000; 2015 AED 2,759,250; 2016 AED 2,000,000; 2017 AED 2,100,000; 2018 AED 2,200,000; 2021 AED 1,577,500; 2022 AED 1,975,000; 2023 AED 2,350,000; 2024 AED 2,425,000; 2025 AED 2,900,000; 2026 AED 2,782,500Sold by developer, June 2011: AED 1,525,000 (AED 818 per sqft)Sold, June 2011: AED 1,323,596 (AED 710 per sqft)Sold, October 2012: AED 1,525,000 (AED 818 per sqft)Sold, March 2014: AED 2,800,000 (AED 1,503 per sqft)

1204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Oceanic Tower
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 159,779; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 150,000New contract, July 2012: AED 125,000 a yearNew contract, March 2016: AED 170,000 a yearNew contract, May 2017: AED 155,000 a yearRenewal, May 2018: AED 155,000 a yearNew contract, May 2019: AED 115,000 a yearRenewal, May 2020: AED 115,000 a yearNew contract, July 2021: AED 105,000 a yearRenewal, July 2022: AED 104,160 a yearNew contract, June 2023: AED 160,000 a yearNew contract, June 2024: AED 170,000 a yearNew contract, June 2024: AED 170,000 a yearRenewal, June 2025: AED 170,000 a yearRenewal, June 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceanic Tower, and where 1204 sits

All 74 2-beds →

1204 last sold in March 2014 at AED 1,503 per sqft, 99% above what two-beds in Oceanic Tower were fetching at the time (AED 754). Over the last 12 months two-beds sold for AED 2,575,000 to 3,400,000, around AED 1,470 per sqft, and rent for AED 80,000 to 195,000 a year. 1204's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,715,000
24 Aug 20262,650,000
29 Jul 20262,575,000
24 Feb 20262,950,000
7 2-bed sales in the last 12 months

Oceanic Tower

Building

122 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%
Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 122 units in Oceanic Tower
Value
12013-bedAED 3.75M · Feb 2017
12023-bedAED 1.88M · Apr 2013
12032-bedAED 2M · Jun 2022

1204, Oceanic Tower in numbers

  • Sold 4 times: first on 13 June 2011 for AED 1,323,596, last on 13 March 2014 for AED 2,800,000 (AED 1,503 per sqft).
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 104,160 in 2022 and recovered to AED 170,000 by June 2025.
  • At AED 170,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 39,100 a year (AED 21.01 per sqft).
  • Two-beds in Oceanic Tower sold for AED 2,575,000–3,400,000 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 20 June 2025.

Questions about 1204, Oceanic Tower

What did unit 1204 last sell for?

AED 2,800,000 on 13 March 2014: AED 1,503 per sqft for 1,862 sqft. The unit has 4 registered sales; the first was AED 1,323,596 in June 2011.

What is the rent for unit 1204?

AED 170,000 a year on the contract renewed on 20 June 2025. The previous contract, from June 2025, was AED 170,000; the unit has been rented since July 2012.

How big is unit 1204?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 12th floor of a 32-storey tower.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceanic Tower sold for AED 2,575,000 to 3,400,000 in the last 12 months, around AED 1,470 per sqft.

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Mortgage on 1204, Oceanic Tower

Starts from the last sale price (AED 2.8M, 13 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →