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2-bed · 1,979 sqftOceanic Tower, Dubai Marina · 29th floor

2904, Oceanic Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 2.5M25 July 2024
Current rentAED 140K /yr11 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2904, Oceanic Tower

What is 2904 worth today?

Last sold for AED 2,500,000 in 2024

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25 Jul 2024SoldReady
AED 2,500,000AED 1,263 per sqft
11 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft
20 Jun 2022RentedNew contract
AED 120,000/yr12 months · AED 61 per sqft
1 May 2019RentedRenewal
AED 120,000/yr12 months · AED 61 per sqft
1 May 2018RentedRenewal
AED 150,000/yr12 months · AED 76 per sqft
1 May 2017RentedRenewal
AED 162,500/yr12 months · AED 82 per sqft
1 May 2016RentedRenewal
AED 162,500/yr12 months · AED 82 per sqft
1 May 2015RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,979 sqft
Floor
29th of 32
Parking
B3-319
Developer
Trident International Holding
Service charge
AED 41,600 /yr
Last sold
AED 2.5M · July 2024
Building
Oceanic Tower

About 2904, Oceanic Tower

2904 is a two-bedroom apartment of 1,979 sqft on the 29th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 25 July 2024 for AED 2,500,000, or AED 1,263 per sqft, in line with the AED 1,250 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 11 July 2023, is AED 140,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 41,600 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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 1,420,000 (AED 717 per sqft)Sold, July 2024: AED 2,500,000 (AED 1,263 per sqft)

2904 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, 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, May 2015: AED 165,000 a yearRenewal, May 2016: AED 162,500 a yearRenewal, May 2017: AED 162,500 a yearRenewal, May 2018: AED 150,000 a yearRenewal, May 2019: AED 120,000 a yearNew contract, June 2022: AED 120,000 a yearNew contract, July 2023: AED 140,000 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 2904 sits

All 74 2-beds →

2904 last sold in July 2024 at AED 1,263 per sqft, in line with what two-beds in Oceanic Tower were fetching at the time (AED 1,250). 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. 2904's AED 140,000 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 29th floor

All 122 units in Oceanic Tower
Value
29012-bedAED 1.81M · Jan 2012
29022-bedAED 1.88M · Nov 2014
29032-bedAED 3.25M · Jan 2015

2904, Oceanic Tower in numbers

  • Sold twice: first on 21 April 2013 for AED 1,420,000, last on 25 July 2024 for AED 2,500,000 (AED 1,263 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 120,000 in 2022 and recovered to AED 140,000 by July 2023.
  • At AED 140,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 41,600 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 25 July 2024.

Questions about 2904, Oceanic Tower

What did unit 2904 last sell for?

AED 2,500,000 on 25 July 2024: AED 1,263 per sqft for 1,979 sqft. The unit has 2 registered sales; the first was AED 1,420,000 in April 2013.

What is the rent for unit 2904?

AED 140,000 a year on the contract signed on 11 July 2023. The previous contract, from June 2022, was AED 120,000; the unit has been rented since May 2015.

How big is unit 2904?

1,979 sqft (183.9 sqm): a two-bedroom apartment on the 29th floor of a 32-storey tower.

What is unit 2904 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 2904, Oceanic Tower

Starts from the last sale price (AED 2.5M, 25 July 2024). 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 →