Home
Dubai prices
About
Research
2-bed · 1,817 sqftOceanic Tower, Dubai Marina · 2nd floor

203, Oceanic Tower

Sold prices and rental history: sold once, by the developer in May 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 October 2019
Last soldAED 1.35M21 May 2013
Current rentAED 90K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 203

Property timeline for 203, Oceanic Tower

What is 203 worth today?

Last sold for AED 1,350,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
21 May 2013Sold by developerReady
AED 1,350,000AED 743 per sqft

Source: Dubai Land Department. Updated 1 October 2019.

Key facts

Type
2-bed apartment
Size
1,817 sqft
Floor
2nd of 32
Parking
107
Developer
Trident International Holding
Service charge
AED 38,200 /yr
Last sold
AED 1.35M · May 2013
Building
Oceanic Tower

About 203, Oceanic Tower

203 is a two-bedroom apartment of 1,817 sqft on the 2nd floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. The developer sold it on 21 May 2013 for AED 1,350,000, or AED 743 per sqft, in line with the AED 749 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 October 2019, is AED 90,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 38,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2013: AED 1,350,000 (AED 743 per sqft)

203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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, October 2017: AED 120,000 a yearRenewal, October 2018: AED 90,000 a yearRenewal, October 2019: AED 90,000 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 203 sits

All 74 2-beds →

203 last sold in May 2013 at AED 743 per sqft, in line with what two-beds in Oceanic Tower were fetching at the time (AED 749). 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. 203's AED 90,000 is in the lower 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 2nd floor

All 122 units in Oceanic Tower
Value
2013-bedAED 3.2M · Feb 2024
2023-bedAED 2.2M · Sep 2022
2042-bedAED 1.32M · Apr 2013

203, Oceanic Tower in numbers

  • Sold once: by Trident International Holding on 21 May 2013 for AED 1,350,000, or AED 743 per sqft.
  • Rented since October 2017 on 3 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 38,200 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 1 October 2019.

Questions about 203, Oceanic Tower

What did unit 203 last sell for?

AED 1,350,000 on 21 May 2013, sold by the developer: AED 743 per sqft for 1,817 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 90,000 a year on the contract renewed on 1 October 2019. The previous contract, from October 2018, was AED 90,000; the unit has been rented since October 2017.

How big is unit 203?

1,817 sqft (168.8 sqm): a two-bedroom apartment on the 2nd floor of a 32-storey tower.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Oceanic Tower

Starts from the last sale price (AED 1.35M, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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