3-bed · 2,303 sqftOceanic Tower, Dubai Marina · 23rd floor

2301, Oceanic Tower

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 1.84M23 May 2013
Current rentAED 154K /yr22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Oceanic Tower

What is 2301 worth today?

Last sold for AED 1,843,000 in 2013

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22 Feb 2024RentedRenewal
AED 154,000/yr12 months · AED 67 per sqft
22 Feb 2024RentedRenewal
AED 154,000/yr12 months · AED 67 per sqft
21 Feb 2023RentedRenewal
AED 146,579/yr12 months · AED 64 per sqft
22 Feb 2021RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
11 Nov 2019RentedRenewal
AED 264,000/yr8 months · AED 115 per sqft
10 Nov 2018RentedRenewal
AED 264,000/yr12 months · AED 115 per sqft
10 Nov 2017RentedRenewal
AED 264,000/yr12 months · AED 115 per sqft
10 Nov 2016RentedRenewal
AED 264,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
3-bed apartment
Size
2,303 sqft
Floor
23rd of 32
Parking
277, 278
Developer
Trident International Holding
Service charge
AED 48,400 /yr
Last sold
AED 1.84M · May 2013

About 2301, Oceanic Tower

2301 is a three-bedroom apartment of 2,303 sqft on the 23rd floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. The developer sold it on 23 May 2013 for AED 1,843,000, or AED 800 per sqft, in line with the AED 808 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 22 February 2024, is AED 154,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 48,400 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, May 2013: AED 1,843,000 (AED 800 per sqft)

2301 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2301, each contractTypical three-bed in Oceanic Tower
200K2012201620202024Typical 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 2014: AED 264,000 a yearRenewal, November 2015: AED 264,000 a yearRenewal, November 2016: AED 264,000 a yearRenewal, November 2017: AED 264,000 a yearRenewal, November 2018: AED 264,000 a yearRenewal, November 2019: AED 264,000 a yearNew contract, February 2021: AED 140,000 a yearRenewal, February 2023: AED 146,579 a yearRenewal, February 2024: AED 154,000 a yearRenewal, February 2024: AED 154,000 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 2301 sits

All 46 3-beds →

2301 last sold in May 2013 at AED 800 per sqft, in line with what three-beds in Oceanic Tower were fetching at the time (AED 808). 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. 2301's AED 154,000 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 23rd floor

All 122 units in Oceanic Tower
Value
23023-bedAED 4.15M · Feb 2026
23032-bedAED 2.65M · Jun 2014
23042-bedAED 2.79M · Jun 2015

2301, Oceanic Tower in numbers

  • Sold once: by Trident International Holding on 23 May 2013 for AED 1,843,000, or AED 800 per sqft.
  • Rented since November 2014 on 10 Ejari contracts, from AED 264,000 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2013 price is 8.4%, 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 22 February 2024.

Questions about 2301, Oceanic Tower

What did unit 2301 last sell for?

AED 1,843,000 on 23 May 2013, sold by the developer: AED 800 per sqft for 2,303 sqft. It is the only registered sale of the unit.

What is the rent for unit 2301?

AED 154,000 a year on the contract renewed on 22 February 2024. The previous contract, from February 2024, was AED 154,000; the unit has been rented since November 2014.

How big is unit 2301?

2,303 sqft (214.0 sqm): a three-bedroom apartment on the 23rd floor of a 32-storey tower.

What is unit 2301 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 2301, Oceanic Tower

Starts from the last sale price (AED 1.84M, 23 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,843,000
Deposit, UAE resident (20%)
AED 368,600
Deposit, non-resident (40%)
AED 737,200
Monthly over 25 years at 3.7%
AED 7,540

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