3-bed · 2,449 sqftOceanic Tower, Dubai Marina · 8th floor

802, Oceanic Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 3.8M12 February 2024
Current rentAED 165K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Oceanic Tower

What is 802 worth today?

Last sold for AED 3,800,000 in 2024

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12 Feb 2024SoldReady
AED 3,800,000AED 1,551 per sqft
1 Apr 2022RentedRenewal
AED 165,000/yr12 months · AED 67 per sqft
1 Apr 2021RentedRenewal
AED 165,000/yr12 months · AED 67 per sqft
1 Apr 2020RentedRenewal
AED 165,000/yr12 months · AED 67 per sqft
1 Apr 2019RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
1 Jan 2018RentedRenewal
AED 210,000/yr12 months · AED 86 per sqft
1 Jan 2017RentedNew contract
AED 210,000/yr12 months · AED 86 per sqft
31 Jul 2016RentedNew contract
AED 205,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
3-bed apartment
Size
2,449 sqft
Floor
8th of 32
Parking
B3-249, B3-250
Developer
Trident International Holding
Service charge
AED 51,500 /yr
Last sold
AED 3.8M · February 2024

About 802, Oceanic Tower

802 is a three-bedroom apartment of 2,449 sqft on the 8th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 12 February 2024 for AED 3,800,000, or AED 1,551 per sqft, in line with the AED 1,532 three-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 April 2022, is AED 165,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 51,500 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2013: AED 1,723,000 (AED 703 per sqft)Sold, February 2024: AED 3,800,000 (AED 1,551 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in Oceanic Tower
150K200K2012201620202024Typical 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, July 2013: AED 178,500 a yearNew contract, July 2014: AED 178,500 a yearNew contract, July 2016: AED 205,000 a yearNew contract, January 2017: AED 210,000 a yearRenewal, January 2018: AED 210,000 a yearNew contract, April 2019: AED 180,000 a yearRenewal, April 2020: AED 165,000 a yearRenewal, April 2021: AED 165,000 a yearRenewal, April 2022: AED 165,000 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 802 sits

All 46 3-beds →

802 last sold in February 2024 at AED 1,551 per sqft, in line with what three-beds in Oceanic Tower were fetching at the time (AED 1,532). 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. 802's AED 165,000 is at the bottom 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 8th floor

All 122 units in Oceanic Tower
Value
8013-bedAED 1.88M · Jan 2012
8032-bedAED 1.88M · Apr 2022
8042-bedAED 2.35M · Oct 2024

802, Oceanic Tower in numbers

  • Sold twice: first on 21 April 2013 for AED 1,723,000, last on 12 February 2024 for AED 3,800,000 (AED 1,551 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 178,500 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 4.3%, 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 12 February 2024.

Questions about 802, Oceanic Tower

What did unit 802 last sell for?

AED 3,800,000 on 12 February 2024: AED 1,551 per sqft for 2,449 sqft. The unit has 2 registered sales; the first was AED 1,723,000 in April 2013.

What is the rent for unit 802?

AED 165,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 165,000; the unit has been rented since July 2013.

How big is unit 802?

2,449 sqft (227.5 sqm): a three-bedroom apartment on the 8th floor of a 32-storey tower.

What is unit 802 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 802, Oceanic Tower

Starts from the last sale price (AED 3.8M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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