2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 5th floor

504, Oceanic Tower

Sold prices and rental history: sold 4 times, last in April 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 26 April 2022
Last soldAED 1.95M26 April 2022
Current rentAED 150K /yr11 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Oceanic Tower

What is 504 worth today?

Last sold for AED 1,950,000 in 2022

Unlock today's estimate, updated daily, with

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

26 Apr 2022SoldReady
AED 1,950,000AED 1,047 per sqft
11 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 81 per sqft
8 Jul 2015RentedNew contract
AED 200,000/yr12 months · AED 107 per sqft
26 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft
8 Feb 2012SoldReady
AED 1,400,000AED 751 per sqft
19 Jan 2011SoldOff-plan
AED 1,400,000AED 751 per sqft
16 Jan 2011Sold by developerOff-plan
AED 1,342,000AED 720 per sqft

Source: Dubai Land Department. Updated 26 April 2022.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
5th of 32
Parking
127
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 1.95M · April 2022

About 504, Oceanic Tower

504 is a two-bedroom apartment of 1,862 sqft on the 5th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 26 April 2022 for AED 1,950,000, or AED 1,047 per sqft, 3% above the AED 1,015 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 11 September 2017, is AED 150,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 39,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, January 2011: AED 1,400,000 (AED 751 per sqft)Sold by developer, January 2011: AED 1,342,000 (AED 720 per sqft)Sold, February 2012: AED 1,400,000 (AED 751 per sqft)Sold, April 2022: AED 1,950,000 (AED 1,047 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Oceanic Tower
100K150K200K2012201620202024Typical 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, June 2015: AED 180,000 a yearNew contract, July 2015: AED 200,000 a yearNew contract, September 2017: 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 504 sits

All 74 2-beds →

504 last sold in April 2022 at AED 1,047 per sqft, 3% above what two-beds in Oceanic Tower were fetching at the time (AED 1,015). 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. 504'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 5th floor

All 122 units in Oceanic Tower
Value
5013-bedAED 4.5M · May 2026
5023-bedAED 1.78M · May 2012
5032-bedAED 1.31M · Jul 2017

504, Oceanic Tower in numbers

  • Sold 4 times: first on 16 January 2011 for AED 1,342,000, last on 26 April 2022 for AED 1,950,000 (AED 1,047 per sqft).
  • Rented since June 2015 on 3 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 39,100 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 26 April 2022.

Questions about 504, Oceanic Tower

What did unit 504 last sell for?

AED 1,950,000 on 26 April 2022: AED 1,047 per sqft for 1,862 sqft. The unit has 4 registered sales; the first was AED 1,342,000 in January 2011.

What is the rent for unit 504?

AED 150,000 a year on the contract signed on 11 September 2017. The previous contract, from July 2015, was AED 200,000; the unit has been rented since June 2015.

How big is unit 504?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 5th floor of a 32-storey tower.

What is unit 504 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 504? 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 504, Oceanic Tower

Starts from the last sale price (AED 1.95M, 26 April 2022). 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 →