3-bed · 2,303 sqftOceanic Tower, Dubai Marina · 20th floor

2001, Oceanic Tower

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 2.04M13 December 2020
Current rentAED 250K /yr16 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Oceanic Tower

What is 2001 worth today?

Last sold for AED 2,036,000 in 2020

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16 Oct 2023RentedNew contract
AED 250,000/yr12 months · AED 109 per sqft
13 Dec 2020SoldReady
AED 2,036,000AED 884 per sqft
1 Nov 2018RentedRenewal
AED 180,000/yr12 months · AED 78 per sqft
1 Nov 2017RentedNew contract
AED 180,000/yr12 months · AED 78 per sqft
1 Jul 2016RentedNew contract
AED 230,000/yr12 months · AED 100 per sqft
15 Nov 2014RentedNew contract
AED 218,824/yr6 months · AED 95 per sqft
15 Nov 2012RentedNew contract
AED 185,000/yr12 months · AED 80 per sqft
24 Apr 2012Sold by developerReady
AED 1,832,328AED 795 per sqft

Source: Dubai Land Department. Updated 16 October 2023.

Key facts

Type
3-bed apartment
Size
2,303 sqft
Floor
20th of 32
Parking
99, 100
Developer
Trident International Holding
Service charge
AED 48,400 /yr
Last sold
AED 2.04M · December 2020

About 2001, Oceanic Tower

2001 is a three-bedroom apartment of 2,303 sqft on the 20th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 13 December 2020 for AED 2,036,000, or AED 884 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 16 October 2023, is AED 250,000 a year: a gross yield of 12.3% on the 2020 price, before the service charge of about AED 48,400 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, April 2012: AED 1,832,328 (AED 795 per sqft)Sold, December 2020: AED 2,036,000 (AED 884 per sqft)

2001 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2001, each contractTypical three-bed in Oceanic Tower
150K200K250K2012201620202024Typical 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, November 2012: AED 185,000 a yearNew contract, November 2014: AED 218,824 a yearNew contract, July 2016: AED 230,000 a yearNew contract, November 2017: AED 180,000 a yearRenewal, November 2018: AED 180,000 a yearNew contract, October 2023: AED 250,000 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 2001 sits

All 46 3-beds →

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. 2001's AED 250,000 is in the upper 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 20th floor

All 122 units in Oceanic Tower
Value
20023-bedAED 3.5M · Jul 2023
20032-bedAED 1.58M · Jan 2012
20042-bedAED 2.6M · Nov 2014

2001, Oceanic Tower in numbers

  • Sold twice: first on 24 April 2012 for AED 1,832,328, last on 13 December 2020 for AED 2,036,000 (AED 884 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 185,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2020 price is 12.3%, before a service charge of about AED 48,400 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 16 October 2023.

Questions about 2001, Oceanic Tower

What did unit 2001 last sell for?

AED 2,036,000 on 13 December 2020: AED 884 per sqft for 2,303 sqft. The unit has 2 registered sales; the first was AED 1,832,328 in April 2012.

What is the rent for unit 2001?

AED 250,000 a year on the contract signed on 16 October 2023. The previous contract, from November 2018, was AED 180,000; the unit has been rented since November 2012.

How big is unit 2001?

2,303 sqft (214.0 sqm): a three-bedroom apartment on the 20th floor of a 32-storey tower.

What is unit 2001 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 2001, Oceanic Tower

Starts from the last sale price (AED 2.04M, 13 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,036,000
Deposit, UAE resident (20%)
AED 407,200
Deposit, non-resident (40%)
AED 814,400
Monthly over 25 years at 3.7%
AED 8,330

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