1005, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Royal Oceanic Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 5 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 634 sqft
- Floor
- 10th of 31
- Parking
- B1-08
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,300 /yr
- Last sold
- AED 756K · August 2010
- Building
- Royal Oceanic Tower
About 1005, Royal Oceanic Tower
1005 is a studio of 634 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 17 August 2010 for AED 755,626, or AED 1,191 per sqft, 11% above the AED 1,077 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 66,000 a year: a gross yield of 8.7% on the 2010 price, before the service charge of about AED 13,300 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Royal Oceanic Tower, and where 1005 sits
All 80 studios →1005 last sold in August 2010 at AED 1,191 per sqft, 11% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,077). Over the last 12 months studios sold for AED 950,000 to 1,275,000, around AED 2,014 per sqft, and rent for AED 54,838 to 80,000 a year. 1005's AED 66,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 565 sqft | 950,000 | 1,682 | ||
| 18 Aug 202618 August 2026 | 559 sqft | 1,275,000 | 2,279 | ||
| 24 Jul 202624 July 2026 | 514 sqft | 1,030,000 | 2,004 | ||
| 12 Mar 202612 March 2026 | 514 sqft | 1,040,000 | 2,024 |
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 | |
| 1004 | 1-bed | 764 sqft | AED 1.18MAED 1,180,000 · Sep 2024September 2024 | 55,200 /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 |
1005, Royal Oceanic Tower in numbers
- Sold twice: first on 15 April 2009 for AED 755,626, last on 17 August 2010 for AED 755,626 (AED 1,191 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 44,000 in 2022 and recovered to AED 66,000 by February 2024.
- At AED 66,000 a year the gross yield on the 2010 price is 8.7%, before a service charge of about AED 13,300 a year (AED 21.01 per sqft).
- Studios in Royal Oceanic Tower sold for AED 950,000–1,275,000 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 5 February 2024.
Questions about 1005, Royal Oceanic Tower
What did unit 1005 last sell for?
AED 755,626 on 17 August 2010: AED 1,191 per sqft for 634 sqft. The unit has 2 registered sales; the first was AED 755,626 in April 2009.
What is the rent for unit 1005?
AED 66,000 a year on the contract renewed on 5 February 2024. The previous contract, from February 2024, was AED 66,000; the unit has been rented since January 2015.
How big is unit 1005?
634 sqft (58.9 sqm): a studio on the 10th floor of a 31-storey tower completed in 2009.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Royal Oceanic Tower sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 2,014 per sqft.
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Mortgage on 1005, Royal Oceanic Tower
Starts from the last sale price (AED 756K, 17 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 755,626
- Deposit, UAE resident (20%)
- AED 151,125
- Deposit, non-resident (40%)
- AED 302,250
- Monthly over 25 years at 3.7%
- AED 3,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →