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2-bed · 1,979 sqftOceanic Tower, Dubai Marina · 31st floor

3104, Oceanic Tower

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3104 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 2.35M25 September 2023
Current rentAED 140K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3104, Oceanic Tower

What is 3104 worth today?

Last sold for AED 2,350,000 in 2023

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25 Sep 2023SoldReady
AED 2,350,000AED 1,187 per sqft
1 May 2023RentedRenewal
AED 140,000/yr12 months · AED 71 per sqft
1 May 2022RentedRenewal
AED 125,000/yr12 months · AED 63 per sqft
1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 61 per sqft
25 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
1 May 2017RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
1 Oct 2016RentedRenewal
AED 160,000/yr12 months · AED 81 per sqft
1 Oct 2015RentedRenewal
AED 160,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
2-bed apartment
Size
1,979 sqft
Floor
31st of 32
Parking
B3-363
Developer
Trident International Holding
Service charge
AED 41,600 /yr
Last sold
AED 2.35M · September 2023
Building
Oceanic Tower

About 3104, Oceanic Tower

3104 is a two-bedroom apartment of 1,979 sqft on the 31st floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 25 September 2023 for AED 2,350,000, or AED 1,187 per sqft, 11% above the AED 1,073 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 140,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 41,600 a year.

Sales and rents for 3104 over time

Sales
Unit 3104, 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, January 2010: AED 1,515,000 (AED 765 per sqft)Sold, February 2012: AED 1,515,000 (AED 765 per sqft)Sold, September 2023: AED 2,350,000 (AED 1,187 per sqft)

3104 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3104, 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 2013: AED 155,000 a yearNew contract, October 2014: AED 155,000 a yearRenewal, October 2015: AED 160,000 a yearRenewal, October 2016: AED 160,000 a yearNew contract, May 2017: AED 150,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, May 2021: AED 120,000 a yearRenewal, May 2022: AED 125,000 a yearRenewal, May 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 3104 sits

All 74 2-beds →

3104 last sold in September 2023 at AED 1,187 per sqft, 11% above what two-beds in Oceanic Tower were fetching at the time (AED 1,073). 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. 3104'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 31st floor

All 122 units in Oceanic Tower
Value
31012-bedAED 2.7M · Jan 2018
31022-bedAED 1.47M · Feb 2012
31032-bedAED 1.43M · Apr 2013

3104, Oceanic Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 1,515,000, last on 25 September 2023 for AED 2,350,000 (AED 1,187 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2020 and recovered to AED 140,000 by May 2023.
  • At AED 140,000 a year the gross yield on the 2023 price is 6.0%, 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 September 2023.

Questions about 3104, Oceanic Tower

What did unit 3104 last sell for?

AED 2,350,000 on 25 September 2023: AED 1,187 per sqft for 1,979 sqft. The unit has 3 registered sales; the first was AED 1,515,000 in January 2010.

What is the rent for unit 3104?

AED 140,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 125,000; the unit has been rented since October 2013.

How big is unit 3104?

1,979 sqft (183.9 sqm): a two-bedroom apartment on the 31st floor of a 32-storey tower.

What is unit 3104 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 3104, Oceanic Tower

Starts from the last sale price (AED 2.35M, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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