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3-bed · 2,449 sqftOceanic Tower, Dubai Marina · 4th floor

402, Oceanic Tower

Sold prices and rental history: sold 5 times, last in November 2024, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 3.4M13 November 2024
Current rentAED 235K /yr19 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Oceanic Tower

What is 402 worth today?

Last sold for AED 3,400,000 in 2024

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13 Nov 2024SoldReady
AED 3,400,000AED 1,388 per sqft
14 Feb 2017SoldReady
AED 3,100,000AED 1,265 per sqft
19 Sep 2013RentedNew contract
AED 235,000/yr12 months · AED 96 per sqft
2 Feb 2012SoldReady
AED 2,200,000AED 898 per sqft
29 Sep 2011SoldOff-plan
AED 2,200,000AED 898 per sqft
14 Dec 2010Sold by developerOff-plan
AED 1,775,000AED 724 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
3-bed apartment
Size
2,449 sqft
Floor
4th of 32
Parking
B3-296, B3-297
Developer
Trident International Holding
Service charge
AED 51,500 /yr
Last sold
AED 3.4M · November 2024
Building
Oceanic Tower

About 402, Oceanic Tower

402 is a three-bedroom apartment of 2,449 sqft on the 4th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 13 November 2024 for AED 3,400,000, or AED 1,388 per sqft, 9% below the AED 1,518 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2013. The current contract, signed on 19 September 2013, is AED 235,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 51,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Oceanic Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,206,000; 2010 AED 1,884,900; 2011 AED 1,884,900; 2012 AED 1,850,631; 2013 AED 1,877,000; 2014 AED 4,150,000; 2015 AED 3,850,000; 2017 AED 3,312,500; 2019 AED 2,300,000; 2021 AED 2,167,300; 2023 AED 3,700,000; 2024 AED 3,700,000; 2026 AED 4,075,000Sold by developer, December 2010: AED 1,775,000 (AED 724 per sqft)Sold, September 2011: AED 2,200,000 (AED 898 per sqft)Sold, February 2012: AED 2,200,000 (AED 898 per sqft)Sold, February 2017: AED 3,100,000 (AED 1,265 per sqft)Sold, November 2024: AED 3,400,000 (AED 1,388 per sqft)

402 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, each contractTypical three-bed in Oceanic Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 185,000; 2013 AED 200,000; 2014 AED 216,912; 2015 AED 220,000; 2016 AED 222,500; 2017 AED 205,000; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 140,000; 2021 AED 146,000; 2022 AED 165,000; 2023 AED 172,000; 2024 AED 220,000; 2025 AED 220,000; 2026 AED 210,000New contract, September 2013: AED 235,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oceanic Tower, and where 402 sits

All 46 3-beds →

402 last sold in November 2024 at AED 1,388 per sqft, 9% below what three-beds in Oceanic Tower were fetching at the time (AED 1,518). Over the last 12 months three-beds sold for AED 3,300,000 to 4,500,000, around AED 1,706 per sqft, and rent for AED 185,000 to 260,000 a year. 402's AED 235,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Jun 20264,000,000
1 May 20264,500,000
20 Feb 20264,150,000
5 Feb 20263,300,000
4 3-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 4th floor

All 122 units in Oceanic Tower
Value
4013-bedAED 2.33M · Nov 2021
4032-bedAED 1.4M · Aug 2021
4042-bedAED 800K · Aug 2020

402, Oceanic Tower in numbers

  • Sold 5 times: first on 14 December 2010 for AED 1,775,000, last on 13 November 2024 for AED 3,400,000 (AED 1,388 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 51,500 a year (AED 21.01 per sqft).
  • Three-beds in Oceanic Tower sold for AED 3,300,000–4,500,000 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 13 November 2024.

Questions about 402, Oceanic Tower

What did unit 402 last sell for?

AED 3,400,000 on 13 November 2024: AED 1,388 per sqft for 2,449 sqft. The unit has 5 registered sales; the first was AED 1,775,000 in December 2010.

What is the rent for unit 402?

AED 235,000 a year on the contract signed on 19 September 2013.

How big is unit 402?

2,449 sqft (227.5 sqm): a three-bedroom apartment on the 4th floor of a 32-storey tower.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceanic Tower sold for AED 3,300,000 to 4,500,000 in the last 12 months, around AED 1,706 per sqft.

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Mortgage on 402, Oceanic Tower

Starts from the last sale price (AED 3.4M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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