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3-bed · 2,449 sqftOceanic Tower, Dubai Marina · 17th floor

1702, Oceanic Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 29 April 2024
Last soldAED 3.8M29 April 2024
Current rentAED 206K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1702, Oceanic Tower

What is 1702 worth today?

Last sold for AED 3,800,000 in 2024

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29 Apr 2024SoldReady
AED 3,800,000AED 1,551 per sqft
1 Mar 2023RentedNew contract
AED 205,591/yr12 months · AED 84 per sqft
1 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
14 Apr 2015SoldReady
AED 3,850,000AED 1,572 per sqft
16 Dec 2012Sold by developerReady
AED 1,924,000AED 785 per sqft

Source: Dubai Land Department. Updated 29 April 2024.

Key facts

Type
3-bed apartment
Size
2,449 sqft
Floor
17th of 32
Parking
B3-302, B3-303
Developer
Trident International Holding
Service charge
AED 51,500 /yr
Last sold
AED 3.8M · April 2024
Building
Oceanic Tower

About 1702, Oceanic Tower

1702 is a three-bedroom apartment of 2,449 sqft on the 17th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 29 April 2024 for AED 3,800,000, or AED 1,551 per sqft, in line with the AED 1,532 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 March 2023, is AED 205,591 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 51,500 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 by developer, December 2012: AED 1,924,000 (AED 785 per sqft)Sold, April 2015: AED 3,850,000 (AED 1,572 per sqft)Sold, April 2024: AED 3,800,000 (AED 1,551 per sqft)

1702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, 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 210,000New contract, October 2022: AED 180,000 a yearNew contract, March 2023: AED 205,591 a year

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 1702 sits

All 46 3-beds →

1702 last sold in April 2024 at AED 1,551 per sqft, in line with what three-beds in Oceanic Tower were fetching at the time (AED 1,532). 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. 1702's AED 205,591 is in the lower half of that range.

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 17th floor

All 122 units in Oceanic Tower
Value
17013-bedAED 3.95M · Aug 2013
17032-bedAED 2.1M · Jan 2022
17042-bedAED 2.4M · Oct 2013

1702, Oceanic Tower in numbers

  • Sold 3 times: first on 16 December 2012 for AED 1,924,000, last on 29 April 2024 for AED 3,800,000 (AED 1,551 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 180,000 to AED 205,591 a year.
  • At AED 205,591 a year the gross yield on the 2024 price is 5.4%, 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 29 April 2024.

Questions about 1702, Oceanic Tower

What did unit 1702 last sell for?

AED 3,800,000 on 29 April 2024: AED 1,551 per sqft for 2,449 sqft. The unit has 3 registered sales; the first was AED 1,924,000 in December 2012.

What is the rent for unit 1702?

AED 205,591 a year on the contract signed on 1 March 2023. The previous contract, from October 2022, was AED 180,000.

How big is unit 1702?

2,449 sqft (227.5 sqm): a three-bedroom apartment on the 17th floor of a 32-storey tower.

What is unit 1702 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 1702, Oceanic Tower

Starts from the last sale price (AED 3.8M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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