2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 8th floor

804, Oceanic Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.35M3 October 2024
Current rentAED 115K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Oceanic Tower

What is 804 worth today?

Last sold for AED 2,350,000 in 2024

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3 Oct 2024SoldReady
AED 2,350,000AED 1,262 per sqft
10 Mar 2023RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
10 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
20 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 43 per sqft
7 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
7 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 70 per sqft
7 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
8 Feb 2012SoldReady
AED 1,361,000AED 730 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
8th of 32
Parking
B3-337
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 2.35M · October 2024

About 804, Oceanic Tower

804 is a two-bedroom apartment of 1,862 sqft on the 8th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 3 October 2024 for AED 2,350,000, or AED 1,262 per sqft, in line with the AED 1,262 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 March 2023, is AED 115,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 39,100 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, September 2011: AED 1,361,000 (AED 730 per sqft)Sold, February 2012: AED 1,361,000 (AED 730 per sqft)Sold, October 2024: AED 2,350,000 (AED 1,262 per sqft)

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

Rents
Unit 804, 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, September 2017: AED 130,000 a yearRenewal, September 2018: AED 130,000 a yearRenewal, September 2019: AED 120,000 a yearNew contract, December 2020: AED 80,000 a yearNew contract, March 2022: AED 115,000 a yearRenewal, March 2023: AED 115,000 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 804 sits

All 74 2-beds →

804 last sold in October 2024 at AED 1,262 per sqft, in line with what two-beds in Oceanic Tower were fetching at the time (AED 1,262). 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. 804's AED 115,000 is in the lower 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
8032-bedAED 1.88M · Apr 2022

804, Oceanic Tower in numbers

  • Sold 3 times: first on 18 September 2011 for AED 1,361,000, last on 3 October 2024 for AED 2,350,000 (AED 1,262 per sqft).
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 115,000 by March 2023.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.9%, 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 3 October 2024.

Questions about 804, Oceanic Tower

What did unit 804 last sell for?

AED 2,350,000 on 3 October 2024: AED 1,262 per sqft for 1,862 sqft. The unit has 3 registered sales; the first was AED 1,361,000 in September 2011.

What is the rent for unit 804?

AED 115,000 a year on the contract renewed on 10 March 2023. The previous contract, from March 2022, was AED 115,000; the unit has been rented since September 2017.

How big is unit 804?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 8th floor of a 32-storey tower.

What is unit 804 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 804, Oceanic Tower

Starts from the last sale price (AED 2.35M, 3 October 2024). 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 →