3-bed · 2,491 sqftOceanic Tower, Dubai Marina · 13th floor

1301, Oceanic Tower

Sold prices and rental history: sold 4 times, last in June 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 19 June 2013
Last soldAED 3.7M19 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Oceanic Tower

What is 1301 worth today?

Last sold for AED 3,700,000 in 2013

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19 Jun 2013SoldReady
AED 3,700,000AED 1,485 per sqft
18 Mar 2013SoldReady
AED 2,550,000AED 1,023 per sqft
29 Mar 2011SoldOff-plan
AED 2,550,000AED 1,023 per sqft
27 Mar 2011Sold by developerOff-plan
AED 1,833,000AED 735 per sqft

Source: Dubai Land Department. Updated 19 June 2013.

Key facts

Type
3-bed apartment
Size
2,491 sqft
Floor
13th of 32
Parking
272, 273
Developer
Trident International Holding
Service charge
AED 52,300 /yr
Last sold
AED 3.7M · June 2013

About 1301, Oceanic Tower

1301 is a three-bedroom apartment of 2,491 sqft on the 13th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 19 June 2013 for AED 3,700,000, or AED 1,485 per sqft, 84% above the AED 808 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical three-bed in Oceanic Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,206,000; 2010 AED 1,884,900; 2011 AED 1,884,900; 2012 AED 1,850,631; 2013 AED 1,877,000; 2014 AED 4,150,000; 2015 AED 3,850,000; 2017 AED 3,312,500; 2019 AED 2,300,000; 2021 AED 2,167,300; 2023 AED 3,700,000; 2024 AED 3,700,000; 2026 AED 4,075,000Sold, March 2011: AED 2,550,000 (AED 1,023 per sqft)Sold by developer, March 2011: AED 1,833,000 (AED 735 per sqft)Sold, March 2013: AED 2,550,000 (AED 1,023 per sqft)Sold, June 2013: AED 3,700,000 (AED 1,485 per sqft)

1301 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, each contractTypical three-bed in Oceanic Tower
150K200K2012201620202024Typical rent by year: 2012 AED 185,000; 2013 AED 200,000; 2014 AED 216,912; 2015 AED 220,000; 2016 AED 222,500; 2017 AED 205,000; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 140,000; 2021 AED 146,000; 2022 AED 165,000; 2023 AED 172,000; 2024 AED 220,000; 2025 AED 220,000; 2026 AED 210,000

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 1301 sits

All 46 3-beds →

1301 last sold in June 2013 at AED 1,485 per sqft, 84% above what three-beds in Oceanic Tower were fetching at the time (AED 808). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Jun 20264,000,000
1 May 20264,500,000
20 Feb 20264,150,000
5 Feb 20263,300,000
4 3-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 13th floor

All 122 units in Oceanic Tower
Value
13023-bedAED 3.28M · Dec 2017
13032-bedAED 2.09M · Jun 2022
13042-bedAED 2.35M · Dec 2023

1301, Oceanic Tower in numbers

  • Sold 4 times: first on 27 March 2011 for AED 1,833,000, last on 19 June 2013 for AED 3,700,000 (AED 1,485 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 19 June 2013.

Questions about 1301, Oceanic Tower

What did unit 1301 last sell for?

AED 3,700,000 on 19 June 2013: AED 1,485 per sqft for 2,491 sqft. The unit has 4 registered sales; the first was AED 1,833,000 in March 2011.

How big is unit 1301?

2,491 sqft (231.4 sqm): a three-bedroom apartment on the 13th floor of a 32-storey tower.

What is unit 1301 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 1301, Oceanic Tower

Starts from the last sale price (AED 3.7M, 19 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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