Studio · 514 sqftRoyal Oceanic Tower, Dubai Marina · 10th floor · completed 2009

1007, Royal Oceanic Tower

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

Unit 1007 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 945K20 November 2017
Current rentAED 60K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Royal Oceanic Tower

What is 1007 worth today?

Last sold for AED 945,000 in 2017

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4 Sep 2026RentedRenewal
AED 60,000/yr12 months · AED 116 per sqft
4 Sep 2025RentedRenewal
AED 67,000/yr12 months · AED 130 per sqft
4 Sep 2024RentedNew contract
AED 67,000/yr12 months · AED 130 per sqft
1 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
1 Sep 2021RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
1 Feb 2020RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
3 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
7 Dec 2017RentedNew contract
AED 64,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
10th of 31
Parking
B1-10
Developer
Global Group Holdings
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 945K · November 2017

About 1007, Royal Oceanic Tower

1007 is a studio of 514 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 20 November 2017 for AED 945,000, or AED 1,838 per sqft, 8% above the AED 1,697 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 4 September 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,030,000; 2015 AED 1,000,000; 2017 AED 925,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 1,035,000Sold by developer, September 2011: AED 259,682 (AED 505 per sqft)Sold, November 2017: AED 945,000 (AED 1,838 per sqft)

1007 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, December 2017: AED 64,000 a yearNew contract, March 2019: AED 50,000 a yearNew contract, February 2020: AED 48,000 a yearNew contract, September 2021: AED 38,000 a yearNew contract, September 2023: AED 65,000 a yearNew contract, September 2024: AED 67,000 a yearRenewal, September 2025: AED 67,000 a yearRenewal, September 2026: AED 60,000 a year

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 1007 sits

All 80 studios →

1007 last sold in November 2017 at AED 1,838 per sqft, 8% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,697). 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. 1007's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026950,000
18 Aug 20261,275,000
24 Jul 20261,030,000
12 Mar 20261,040,000
4 studio sales in the last 12 months

Royal Oceanic Tower

Building

224 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%
Royal Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 224 units in Royal Oceanic Tower
Value
1001StudioAED 925K · Aug 2017
1002StudioAED 800K · Sep 2021
10031-bedAED 1M · Nov 2010
10041-bedAED 1.18M · Sep 2024
1005StudioAED 756K · Aug 2010
1006StudioAED 1.03M · Jul 2026
1008StudioAED 650K · Mar 2013
1–7 of 11

1007, Royal Oceanic Tower in numbers

  • Sold twice: first on 22 September 2011 for AED 259,682, last on 20 November 2017 for AED 945,000 (AED 1,838 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 64,000 to AED 38,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 10,800 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 4 September 2026.

Questions about 1007, Royal Oceanic Tower

What did unit 1007 last sell for?

AED 945,000 on 20 November 2017: AED 1,838 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 259,682 in September 2011.

What is the rent for unit 1007?

AED 60,000 a year on the contract renewed on 4 September 2026. The previous contract, from September 2025, was AED 67,000; the unit has been rented since December 2017.

How big is unit 1007?

514 sqft (47.8 sqm): a studio on the 10th floor of a 31-storey tower completed in 2009.

What is unit 1007 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 1007, Royal Oceanic Tower

Starts from the last sale price (AED 945K, 20 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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