2-bed · 2,082 sqftOceanic Tower, Dubai Marina · 25th floor

2503, Oceanic Tower

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

Unit 2503 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.63M4 December 2013
Current rentAED 170K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Oceanic Tower

What is 2503 worth today?

Last sold for AED 2,625,000 in 2013

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10 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
10 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
10 Oct 2023RentedNew contract
AED 170,000/yr12 months · AED 82 per sqft
20 Aug 2022RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
20 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
20 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
20 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 62 per sqft
20 Aug 2018RentedNew contract
AED 142,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
2,082 sqft
Floor
25th of 32
Parking
344
Developer
Trident International Holding
Service charge
AED 43,700 /yr
Last sold
AED 2.63M · December 2013

About 2503, Oceanic Tower

2503 is a two-bedroom apartment of 2,082 sqft on the 25th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 4 December 2013 for AED 2,625,000, or AED 1,260 per sqft, 67% above the AED 754 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 170,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 43,700 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, September 2012: AED 1,397,998 (AED 671 per sqft)Sold, December 2013: AED 2,625,000 (AED 1,260 per sqft)

2503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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 140,000 a yearNew contract, September 2014: AED 140,000 a yearRenewal, September 2015: AED 140,000 a yearRenewal, September 2016: AED 140,000 a yearNew contract, May 2017: AED 145,000 a yearNew contract, August 2018: AED 142,000 a yearRenewal, August 2019: AED 130,000 a yearRenewal, August 2020: AED 110,000 a yearRenewal, August 2021: AED 110,000 a yearRenewal, August 2022: AED 110,000 a yearNew contract, October 2023: AED 170,000 a yearRenewal, October 2024: AED 170,000 a yearRenewal, October 2024: AED 170,000 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 2503 sits

All 74 2-beds →

2503 last sold in December 2013 at AED 1,260 per sqft, 67% above what two-beds in Oceanic Tower were fetching at the time (AED 754). 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. 2503's AED 170,000 is in the upper 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 25th floor

All 122 units in Oceanic Tower
Value
25012-bedAED 3M · Oct 2024
25022-bedAED 3.48M · Oct 2024
25042-bedAED 1.51M · Jul 2021

2503, Oceanic Tower in numbers

  • Sold twice: first on 2 September 2012 for AED 1,397,998, last on 4 December 2013 for AED 2,625,000 (AED 1,260 per sqft).
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2022 and recovered to AED 170,000 by October 2024.
  • At AED 170,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 43,700 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 10 October 2024.

Questions about 2503, Oceanic Tower

What did unit 2503 last sell for?

AED 2,625,000 on 4 December 2013: AED 1,260 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 1,397,998 in September 2012.

What is the rent for unit 2503?

AED 170,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2024, was AED 170,000; the unit has been rented since September 2013.

How big is unit 2503?

2,082 sqft (193.4 sqm): a two-bedroom apartment on the 25th floor of a 32-storey tower.

What is unit 2503 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 2503, Oceanic Tower

Starts from the last sale price (AED 2.63M, 4 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

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