1004, Royal Oceanic Tower
Sold prices and rental history: sold 6 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Royal Oceanic Tower
What is 1004 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 10th of 31
- Parking
- B1-07
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.18M · September 2024
- Building
- Royal Oceanic Tower
About 1004, Royal Oceanic Tower
1004 is a one-bedroom apartment of 764 sqft on the 10th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 24 September 2024 for AED 1,180,000, or AED 1,545 per sqft, 15% above the AED 1,342 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 6 May 2022, is AED 55,200 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 16,000 a year.
Sales and rents for 1004 over time
1004 has sold 6 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Royal Oceanic Tower, and where 1004 sits
All 40 1-beds →1004 last sold in September 2024 at AED 1,545 per sqft, 15% above what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,342). Over the last 12 months one-beds sold for AED 1,055,000 to 1,210,000, around AED 1,463 per sqft, and rent for AED 55,000 to 140,000 a year. 1004's AED 55,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 764 sqft | 1,210,000 | 1,584 | ||
| 19 Sep 202619 September 2026 | 787 sqft | 1,055,000 | 1,341 | ||
| 20 Aug 202520 August 2025 | 787 sqft | 1,340,000 | 1,703 | ||
| 19 Aug 202519 August 2025 | 787 sqft | 1,300,000 | 1,652 |
Royal Oceanic Tower
Building224 apartments, studios to 4-bed over 31 floors in Dubai Marina, completed in 2009 by Global Group Holdings. 22 sold in the last 12 months.
- Typical price per sqft
- AED 1,672 Up 4.9%
- Typical sale
- AED 2.11M
- Typical rent
- AED 80K /yr
- Typical yield
- 6.4%
Other units on the 10th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 565 sqft | AED 925KAED 925,000 · Aug 2017August 2017 | 78,000 /yr | |
| 1002 | Studio | 654 sqft | AED 800KAED 800,000 · Sep 2021September 2021 | 43,000 /yr | |
| 1003 | 1-bed | 764 sqft | AED 1MAED 1,000,000 · Nov 2010November 2010 | 84,000 /yr | |
| 1005 | Studio | 634 sqft | AED 756KAED 755,626 · Aug 2010August 2010 | 66,000 /yr | |
| 1006 | Studio | 514 sqft | AED 1.03MAED 1,030,000 · Jul 2026July 2026 | 59,400 /yr | |
| 1007 | Studio | 514 sqft | AED 945KAED 945,000 · Nov 2017November 2017 | 60,000 /yr | |
| 1008 | Studio | 621 sqft | AED 650KAED 650,000 · Mar 2013March 2013 | 86,000 /yr | |
| 1009 | 1-bed | 787 sqft | AED 1.34MAED 1,340,000 · May 2025May 2025 | 106,000 /yr | |
| 1010 | 1-bed | 792 sqft | AED 950KAED 950,420 · Aug 2010August 2010 | 66,066 /yr | |
| 1011 | Studio | 658 sqft | AED 470KAED 470,000 · Dec 2013December 2013 | 65,000 /yr | |
| 1012 | Studio | 559 sqft | AED 810KAED 810,000 · May 2022May 2022 | 68,000 /yr |
1004, Royal Oceanic Tower in numbers
- Sold 6 times: first on 3 April 2011 for AED 395,843, last on 24 September 2024 for AED 1,180,000 (AED 1,545 per sqft).
- Rented since September 2013 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2021 and recovered to AED 55,200 by May 2022.
- At AED 55,200 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
- One-beds in Royal Oceanic Tower sold for AED 1,055,000–1,210,000 in the 12 months to November 2026; the building's median across all types is AED 1,672 per sqft.
Source: Dubai Land Department. Updated 24 September 2024.
Questions about 1004, Royal Oceanic Tower
What did unit 1004 last sell for?
AED 1,180,000 on 24 September 2024: AED 1,545 per sqft for 764 sqft. The unit has 6 registered sales; the first was AED 395,843 in April 2011.
What is the rent for unit 1004?
AED 55,200 a year on the contract renewed on 6 May 2022. The previous contract, from May 2021, was AED 48,000; the unit has been rented since September 2013.
How big is unit 1004?
764 sqft (71.0 sqm): a one-bedroom apartment on the 10th floor of a 31-storey tower completed in 2009.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Oceanic Tower sold for AED 1,055,000 to 1,210,000 in the last 12 months, around AED 1,463 per sqft.
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Mortgage on 1004, Royal Oceanic Tower
Starts from the last sale price (AED 1.18M, 24 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →