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2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 2nd floor

204, Oceanic Tower

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

Unit 204 · DLD and Ejari recordsUpdated 7 February 2021
Last soldAED 1.32M22 April 2013
Current rentAED 90K /yr7 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Oceanic Tower

What is 204 worth today?

Last sold for AED 1,321,000 in 2013

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7 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
27 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
27 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
15 Sep 2015RentedRenewal
AED 179,000/yr12 months · AED 96 per sqft
15 Sep 2014RentedNew contract
AED 179,000/yr12 months · AED 96 per sqft
11 Sep 2013RentedNew contract
AED 134,254/yr12 months · AED 72 per sqft
22 Apr 2013Sold by developerReady
AED 1,321,000AED 709 per sqft

Source: Dubai Land Department. Updated 7 February 2021.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
2nd of 32
Parking
323
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 1.32M · April 2013
Building
Oceanic Tower

About 204, Oceanic Tower

204 is a two-bedroom apartment of 1,862 sqft on the 2nd floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. The developer sold it on 22 April 2013 for AED 1,321,000, or AED 709 per sqft, 6% below the AED 751 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 February 2021, is AED 90,000 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 39,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, April 2013: AED 1,321,000 (AED 709 per sqft)

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

Rents
Unit 204, 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, September 2013: AED 134,254 a yearNew contract, September 2014: AED 179,000 a yearRenewal, September 2015: AED 179,000 a yearNew contract, December 2017: AED 120,000 a yearRenewal, December 2018: AED 120,000 a yearNew contract, February 2021: 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 204 sits

All 74 2-beds →

204 last sold in April 2013 at AED 709 per sqft, 6% below what two-beds in Oceanic Tower were fetching at the time (AED 751). 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. 204'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
2032-bedAED 1.35M · May 2013

204, Oceanic Tower in numbers

  • Sold once: by Trident International Holding on 22 April 2013 for AED 1,321,000, or AED 709 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 134,254 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.8%, before a service charge of about AED 39,100 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 7 February 2021.

Questions about 204, Oceanic Tower

What did unit 204 last sell for?

AED 1,321,000 on 22 April 2013, sold by the developer: AED 709 per sqft for 1,862 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 90,000 a year on the contract signed on 7 February 2021. The previous contract, from December 2018, was AED 120,000; the unit has been rented since September 2013.

How big is unit 204?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 2nd floor of a 32-storey tower.

What is unit 204 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.

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Mortgage on 204, Oceanic Tower

Starts from the last sale price (AED 1.32M, 22 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,321,000
Deposit, UAE resident (20%)
AED 264,200
Deposit, non-resident (40%)
AED 528,400
Monthly over 25 years at 3.7%
AED 5,405

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