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3-bed · 2,491 sqftOceanic Tower, Dubai Marina · 9th floor

901, Oceanic Tower

Sold prices and rental history: sold twice, last in July 2012, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 20 April 2021
Last soldAED 2.84M18 July 2012
Current rentAED 20K /yr20 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 901, Oceanic Tower

What is 901 worth today?

Last sold for AED 2,840,000 in 2012

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20 Apr 2021RentedNew contract · flagged as an outlier
AED 20,000/yr12 months · AED 8 per sqft
18 Jul 2012SoldReady
AED 2,840,000AED 1,140 per sqft
11 Jun 2012Sold by developerReady
AED 1,801,001AED 723 per sqft

Source: Dubai Land Department. Updated 20 April 2021.

Key facts

Type
3-bed apartment
Size
2,491 sqft
Floor
9th of 32
Parking
288, 289
Developer
Trident International Holding
Service charge
AED 52,300 /yr
Last sold
AED 2.84M · July 2012
Building
Oceanic Tower

About 901, Oceanic Tower

901 is a three-bedroom apartment of 2,491 sqft on the 9th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 18 July 2012 for AED 2,840,000, or AED 1,140 per sqft, 52% above the AED 752 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2021. The current contract, signed on 20 April 2021, is AED 20,000 a year: a gross yield of 0.7% on the 2012 price, before the service charge of about AED 52,300 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, June 2012: AED 1,801,001 (AED 723 per sqft)Sold, July 2012: AED 2,840,000 (AED 1,140 per sqft)

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

Rents
Unit 901, 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 210,000

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 901 sits

All 46 3-beds →

901 last sold in July 2012 at AED 1,140 per sqft, 52% above what three-beds in Oceanic Tower were fetching at the time (AED 752). 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. 901's AED 20,000 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 9th floor

All 122 units in Oceanic Tower
Value
9023-bedAED 3.6M · Sep 2013
9032-bedAED 2.58M · Jul 2026
9042-bedAED 1.37M · Jan 2012

901, Oceanic Tower in numbers

  • Sold twice: first on 11 June 2012 for AED 1,801,001, last on 18 July 2012 for AED 2,840,000 (AED 1,140 per sqft).
  • Rented since April 2021 on one Ejari contract, at AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2012 price is 0.7%, before a service charge of about AED 52,300 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 20 April 2021.

Questions about 901, Oceanic Tower

What did unit 901 last sell for?

AED 2,840,000 on 18 July 2012: AED 1,140 per sqft for 2,491 sqft. The unit has 2 registered sales; the first was AED 1,801,001 in June 2012.

What is the rent for unit 901?

AED 20,000 a year on the contract signed on 20 April 2021.

How big is unit 901?

2,491 sqft (231.4 sqm): a three-bedroom apartment on the 9th floor of a 32-storey tower.

What is unit 901 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 901, Oceanic Tower

Starts from the last sale price (AED 2.84M, 18 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,840,000
Deposit, UAE resident (20%)
AED 568,000
Deposit, non-resident (40%)
AED 1,136,000
Monthly over 25 years at 3.7%
AED 11,619

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