2-bed · 1,972 sqftOceanic Tower, Dubai Marina · 26th floor

2603, Oceanic Tower

Sold prices and rental history: sold 4 times, last in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.95M27 November 2018
Current rentAED 132K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Oceanic Tower

What is 2603 worth today?

Last sold for AED 1,950,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedNew contract
AED 132,000/yr12 months · AED 67 per sqft
1 Jul 2024RentedNew contract
AED 132,000/yr12 months · AED 67 per sqft
1 Jul 2023RentedNew contract
AED 132,000/yr12 months · AED 67 per sqft
1 Jul 2022RentedRenewal
AED 132,000/yr12 months · AED 67 per sqft
1 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 61 per sqft
27 Nov 2018SoldReady
AED 1,950,000AED 988 per sqft
7 Apr 2013SoldReady
AED 2,325,000AED 1,179 per sqft
8 Feb 2012SoldReady
AED 1,473,000AED 746 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,972 sqft
Floor
26th of 32
Parking
291
Developer
Trident International Holding
Service charge
AED 41,400 /yr
Last sold
AED 1.95M · November 2018

About 2603, Oceanic Tower

2603 is a two-bedroom apartment of 1,972 sqft on the 26th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 27 November 2018 for AED 1,950,000, or AED 988 per sqft, 17% below the AED 1,184 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 July 2024, is AED 132,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 41,400 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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 2011: AED 1,473,000 (AED 746 per sqft)Sold, February 2012: AED 1,473,000 (AED 746 per sqft)Sold, April 2013: AED 2,325,000 (AED 1,179 per sqft)Sold, November 2018: AED 1,950,000 (AED 988 per sqft)

2603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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, July 2021: AED 120,000 a yearRenewal, July 2022: AED 132,000 a yearNew contract, July 2023: AED 132,000 a yearNew contract, July 2024: AED 132,000 a yearNew contract, July 2024: AED 132,000 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 2603 sits

All 74 2-beds →

2603 last sold in November 2018 at AED 988 per sqft, 17% below what two-beds in Oceanic Tower were fetching at the time (AED 1,184). 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. 2603's AED 132,000 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 26th floor

All 122 units in Oceanic Tower
Value
26012-bedAED 3.58M · Sep 2014
26022-bedAED 2.5M · Sep 2022
26042-bedAED 2.95M · Feb 2026

2603, Oceanic Tower in numbers

  • Sold 4 times: first on 18 September 2011 for AED 1,473,000, last on 27 November 2018 for AED 1,950,000 (AED 988 per sqft).
  • Rented since July 2021 on 5 Ejari contracts, from AED 120,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 41,400 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 July 2024.

Questions about 2603, Oceanic Tower

What did unit 2603 last sell for?

AED 1,950,000 on 27 November 2018: AED 988 per sqft for 1,972 sqft. The unit has 4 registered sales; the first was AED 1,473,000 in September 2011.

What is the rent for unit 2603?

AED 132,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 132,000; the unit has been rented since July 2021.

How big is unit 2603?

1,972 sqft (183.2 sqm): a two-bedroom apartment on the 26th floor of a 32-storey tower.

What is unit 2603 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.

Selling 2603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2603, Oceanic Tower

Starts from the last sale price (AED 1.95M, 27 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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