2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 24th floor

2404, Oceanic Tower

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 1.74M11 May 2023
Current rentAED 100K /yr17 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Oceanic Tower

What is 2404 worth today?

Last sold for AED 1,735,000 in 2023

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11 May 2023SoldReady
AED 1,735,000AED 931 per sqft
17 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
17 Aug 2021RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
17 Aug 2020RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
17 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
1 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
5 May 2017RentedRenewal
AED 155,000/yr12 months · AED 83 per sqft
5 May 2016RentedRenewal
AED 155,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
24th of 32
Parking
B3-320
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 1.74M · May 2023

About 2404, Oceanic Tower

2404 is a two-bedroom apartment of 1,862 sqft on the 24th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 11 May 2023 for AED 1,735,000, or AED 931 per sqft, 14% below the AED 1,087 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 17 August 2022, is AED 100,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 39,100 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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 1,395,000 (AED 749 per sqft)Sold, May 2023: AED 1,735,000 (AED 931 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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, August 2012: AED 130,000 a yearNew contract, August 2013: AED 130,000 a yearNew contract, August 2014: AED 136,500 a yearNew contract, May 2015: AED 155,000 a yearRenewal, May 2016: AED 155,000 a yearRenewal, May 2017: AED 155,000 a yearNew contract, July 2018: AED 120,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 92,500 a yearRenewal, August 2021: AED 92,500 a yearRenewal, August 2022: AED 100,000 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 2404 sits

All 74 2-beds →

2404 last sold in May 2023 at AED 931 per sqft, 14% below what two-beds in Oceanic Tower were fetching at the time (AED 1,087). 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. 2404's AED 100,000 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 24th floor

All 122 units in Oceanic Tower
Value
24013-bedAED 2.87M · Nov 2012
24023-bedAED 2.3M · May 2019
24032-bedAED 2.85M · Jan 2026

2404, Oceanic Tower in numbers

  • Sold twice: first on 23 April 2013 for AED 1,395,000, last on 11 May 2023 for AED 1,735,000 (AED 931 per sqft).
  • Rented since August 2012 on 11 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.8%, 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 11 May 2023.

Questions about 2404, Oceanic Tower

What did unit 2404 last sell for?

AED 1,735,000 on 11 May 2023: AED 931 per sqft for 1,862 sqft. The unit has 2 registered sales; the first was AED 1,395,000 in April 2013.

What is the rent for unit 2404?

AED 100,000 a year on the contract renewed on 17 August 2022. The previous contract, from August 2021, was AED 92,500; the unit has been rented since August 2012.

How big is unit 2404?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower.

What is unit 2404 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 2404, Oceanic Tower

Starts from the last sale price (AED 1.74M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,000
Deposit, UAE resident (20%)
AED 347,000
Deposit, non-resident (40%)
AED 694,000
Monthly over 25 years at 3.7%
AED 7,098

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