2-bed · 1,874 sqftOceanic Tower, Dubai Marina · 26th floor

2602, Oceanic Tower

Sold prices and rental history: sold 4 times, last in September 2022, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 2.5M29 September 2022
Current rentAED 150K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Oceanic Tower

What is 2602 worth today?

Last sold for AED 2,500,000 in 2022

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1 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
29 Sep 2022SoldReady
AED 2,500,000AED 1,334 per sqft
20 May 2013SoldReady
AED 2,000,000AED 1,067 per sqft
29 Apr 2009Sold by developerOff-plan
AED 2,000,000AED 1,067 per sqft
29 Apr 2009SoldOff-plan
AED 2,000,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,874 sqft
Floor
26th of 32
Parking
86
Developer
Trident International Holding
Service charge
AED 39,400 /yr
Last sold
AED 2.5M · September 2022

About 2602, Oceanic Tower

2602 is a two-bedroom apartment of 1,874 sqft on the 26th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 29 September 2022 for AED 2,500,000, or AED 1,334 per sqft, 20% above the AED 1,114 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 150,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 39,400 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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 2009: AED 2,000,000 (AED 1,067 per sqft)Sold, April 2009: AED 2,000,000 (AED 1,067 per sqft)Sold, May 2013: AED 2,000,000 (AED 1,067 per sqft)Sold, September 2022: AED 2,500,000 (AED 1,334 per sqft)

2602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, 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 2022: AED 150,000 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 2602 sits

All 74 2-beds →

2602 last sold in September 2022 at AED 1,334 per sqft, 20% above what two-beds in Oceanic Tower were fetching at the time (AED 1,114). 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. 2602's AED 150,000 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 26th floor

All 122 units in Oceanic Tower
Value
26012-bedAED 3.58M · Sep 2014
26032-bedAED 1.95M · Nov 2018
26042-bedAED 2.95M · Feb 2026

2602, Oceanic Tower in numbers

  • Sold 4 times: first on 29 April 2009 for AED 2,000,000, last on 29 September 2022 for AED 2,500,000 (AED 1,334 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 39,400 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 2022.

Questions about 2602, Oceanic Tower

What did unit 2602 last sell for?

AED 2,500,000 on 29 September 2022: AED 1,334 per sqft for 1,874 sqft. The unit has 4 registered sales; the first was AED 2,000,000 in April 2009.

What is the rent for unit 2602?

AED 150,000 a year on the contract signed on 1 October 2022.

How big is unit 2602?

1,874 sqft (174.1 sqm): a two-bedroom apartment on the 26th floor of a 32-storey tower.

What is unit 2602 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 2602, Oceanic Tower

Starts from the last sale price (AED 2.5M, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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