2-bed · 1,817 sqftOceanic Tower, Dubai Marina · 8th floor

803, Oceanic Tower

Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 13 April 2022
Last soldAED 1.88M13 April 2022
Current rentAED 140K /yr7 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Oceanic Tower

What is 803 worth today?

Last sold for AED 1,883,000 in 2022

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13 Apr 2022SoldReady
AED 1,883,000AED 1,036 per sqft
7 Jul 2018RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
29 Jun 2017RentedNew contract
AED 160,000/yr12 months · AED 88 per sqft
21 Apr 2016RentedNew contract
AED 159,557/yr12 months · AED 88 per sqft
29 Sep 2015SoldReady
AED 2,200,000AED 1,210 per sqft
22 Feb 2015RentedNew contract
AED 160,000/yr12 months · AED 88 per sqft
18 Jul 2014RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft
18 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 13 April 2022.

Key facts

Type
2-bed apartment
Size
1,817 sqft
Floor
8th of 32
Parking
81
Developer
Trident International Holding
Service charge
AED 38,200 /yr
Last sold
AED 1.88M · April 2022

About 803, Oceanic Tower

803 is a two-bedroom apartment of 1,817 sqft on the 8th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 13 April 2022 for AED 1,883,000, or AED 1,036 per sqft, 8% above the AED 962 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 July 2018, is AED 140,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 38,200 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, May 2011: AED 1,379,000 (AED 758 per sqft)Sold, February 2012: AED 1,379,000 (AED 758 per sqft)Sold, May 2013: AED 2,100,000 (AED 1,155 per sqft)Sold, September 2015: AED 2,200,000 (AED 1,210 per sqft)Sold, April 2022: AED 1,883,000 (AED 1,036 per sqft)

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

Rents
Unit 803, 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, July 2013: AED 145,000 a yearNew contract, July 2014: AED 145,000 a yearNew contract, February 2015: AED 160,000 a yearNew contract, April 2016: AED 159,557 a yearNew contract, June 2017: AED 160,000 a yearNew contract, July 2018: 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 803 sits

All 74 2-beds →

803 last sold in April 2022 at AED 1,036 per sqft, 8% above what two-beds in Oceanic Tower were fetching at the time (AED 962). 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. 803'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 8th floor

All 122 units in Oceanic Tower
Value
8013-bedAED 1.88M · Jan 2012
8023-bedAED 3.8M · Feb 2024
8042-bedAED 2.35M · Oct 2024

803, Oceanic Tower in numbers

  • Sold 5 times: first on 3 May 2011 for AED 1,379,000, last on 13 April 2022 for AED 1,883,000 (AED 1,036 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 145,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 38,200 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 13 April 2022.

Questions about 803, Oceanic Tower

What did unit 803 last sell for?

AED 1,883,000 on 13 April 2022: AED 1,036 per sqft for 1,817 sqft. The unit has 5 registered sales; the first was AED 1,379,000 in May 2011.

What is the rent for unit 803?

AED 140,000 a year on the contract signed on 7 July 2018. The previous contract, from June 2017, was AED 160,000; the unit has been rented since July 2013.

How big is unit 803?

1,817 sqft (168.8 sqm): a two-bedroom apartment on the 8th floor of a 32-storey tower.

What is unit 803 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 803, Oceanic Tower

Starts from the last sale price (AED 1.88M, 13 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,883,000
Deposit, UAE resident (20%)
AED 376,600
Deposit, non-resident (40%)
AED 753,200
Monthly over 25 years at 3.7%
AED 7,704

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