Studio · 658 sqftRoyal Oceanic Tower, Dubai Marina · 10th floor · completed 2009

1011, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 470K17 December 2013
Current rentAED 65K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Royal Oceanic Tower

What is 1011 worth today?

Last sold for AED 470,000 in 2013

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1 Nov 2026RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
6 Oct 2025RentedRenewal
AED 72,000/yr12 months · AED 110 per sqft
6 Oct 2024RentedRenewal
AED 72,000/yr12 months · AED 110 per sqft
6 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 99 per sqft
6 Oct 2022RentedRenewal
AED 59,000/yr12 months · AED 90 per sqft
6 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
6 Oct 2020RentedRenewal
AED 52,000/yr12 months · AED 79 per sqft
1 Jul 2019RentedNew contract
AED 55,000/yr15 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
658 sqft
Floor
10th of 31
Parking
B1-14
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,800 /yr
Last sold
AED 470K · December 2013

About 1011, Royal Oceanic Tower

1011 is a studio of 658 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 December 2013 for AED 470,000, or AED 713 per sqft, 38% below the AED 1,146 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 1 November 2026, is AED 65,000 a year: a gross yield of 13.8% on the 2013 price, before the service charge of about AED 13,800 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, 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, February 2009: AED 769,477 (AED 1,168 per sqft)Sold, August 2010: AED 769,477 (AED 1,168 per sqft)Sold, December 2013: AED 470,000 (AED 713 per sqft)

1011 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1011, 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, May 2015: AED 80,000 a yearNew contract, May 2016: AED 80,000 a yearRenewal, November 2016: AED 80,000 a yearNew contract, October 2018: AED 55,000 a yearNew contract, July 2019: AED 55,000 a yearRenewal, October 2020: AED 52,000 a yearRenewal, October 2021: AED 55,000 a yearRenewal, October 2022: AED 59,000 a yearRenewal, October 2023: AED 65,000 a yearRenewal, October 2024: AED 72,000 a yearRenewal, October 2025: AED 72,000 a yearNew contract, November 2026: AED 65,000 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 1011 sits

All 80 studios →

1011 last sold in December 2013 at AED 713 per sqft, 38% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,146). 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. 1011's AED 65,000 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
1007StudioAED 945K · Nov 2017
1–7 of 11

1011, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 769,477, last on 17 December 2013 for AED 470,000 (AED 713 per sqft).
  • Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2020 and recovered to AED 65,000 by November 2026.
  • At AED 65,000 a year the gross yield on the 2013 price is 13.8%, before a service charge of about AED 13,800 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 1 November 2026.

Questions about 1011, Royal Oceanic Tower

What did unit 1011 last sell for?

AED 470,000 on 17 December 2013: AED 713 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 769,477 in February 2009.

What is the rent for unit 1011?

AED 65,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2025, was AED 72,000; the unit has been rented since May 2015.

How big is unit 1011?

658 sqft (61.1 sqm): a studio on the 10th floor of a 31-storey tower completed in 2009.

What is unit 1011 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 1011, Royal Oceanic Tower

Starts from the last sale price (AED 470K, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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