3-bed · 2,539 sqftOceanic Tower, Dubai Marina · 2nd floor

201, Oceanic Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 3.2M20 February 2024
Current rentAED 132K /yr8 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Oceanic Tower

What is 201 worth today?

Last sold for AED 3,200,000 in 2024

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20 Feb 2024SoldReady
AED 3,200,000AED 1,260 per sqft
8 Jan 2023RentedRenewal
AED 132,000/yr12 months · AED 52 per sqft
8 Jan 2022RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
11 Jun 2019RentedRenewal
AED 147,500/yr12 months · AED 58 per sqft
11 Jun 2018RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
10 Jun 2017RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
10 Jun 2016RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
10 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
3-bed apartment
Size
2,539 sqft
Floor
2nd of 32
Parking
B3-316, B3-317
Developer
Trident International Holding
Service charge
AED 53,300 /yr
Last sold
AED 3.2M · February 2024

About 201, Oceanic Tower

201 is a three-bedroom apartment of 2,539 sqft on the 2nd floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 20 February 2024 for AED 3,200,000, or AED 1,260 per sqft, 17% below the AED 1,525 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 8 January 2023, is AED 132,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 53,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, August 2010: AED 1,884,900 (AED 742 per sqft)Sold, April 2011: AED 1,884,900 (AED 742 per sqft)Sold, February 2024: AED 3,200,000 (AED 1,260 per sqft)

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

Rents
Unit 201, 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, May 2013: AED 210,000 a yearNew contract, June 2015: AED 180,000 a yearRenewal, June 2016: AED 180,000 a yearRenewal, June 2017: AED 165,000 a yearRenewal, June 2018: AED 165,000 a yearRenewal, June 2019: AED 147,500 a yearRenewal, January 2022: AED 120,000 a yearRenewal, January 2023: AED 132,000 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 201 sits

All 46 3-beds →

201 last sold in February 2024 at AED 1,260 per sqft, 17% below what three-beds in Oceanic Tower were fetching at the time (AED 1,525). 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. 201's AED 132,000 is at the bottom 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 2nd floor

All 122 units in Oceanic Tower
Value
2023-bedAED 2.2M · Sep 2022
2032-bedAED 1.35M · May 2013
2042-bedAED 1.32M · Apr 2013

201, Oceanic Tower in numbers

  • Sold 3 times: first on 1 August 2010 for AED 1,884,900, last on 20 February 2024 for AED 3,200,000 (AED 1,260 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 210,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 53,300 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 20 February 2024.

Questions about 201, Oceanic Tower

What did unit 201 last sell for?

AED 3,200,000 on 20 February 2024: AED 1,260 per sqft for 2,539 sqft. The unit has 3 registered sales; the first was AED 1,884,900 in August 2010.

What is the rent for unit 201?

AED 132,000 a year on the contract renewed on 8 January 2023. The previous contract, from January 2022, was AED 120,000; the unit has been rented since May 2013.

How big is unit 201?

2,539 sqft (235.9 sqm): a three-bedroom apartment on the 2nd floor of a 32-storey tower.

What is unit 201 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 201, Oceanic Tower

Starts from the last sale price (AED 3.2M, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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