Studio · 634 sqftRoyal Oceanic Tower, Dubai Marina · 11th floor · completed 2009

1105, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 725K9 June 2022
Current rentAED 50K /yr28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Royal Oceanic Tower

What is 1105 worth today?

Last sold for AED 725,000 in 2022

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28 Mar 2023RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
9 Jun 2022SoldReady
AED 725,000AED 1,143 per sqft
28 Mar 2022RentedRenewal
AED 50,000/yr12 months · AED 79 per sqft
28 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
28 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 79 per sqft
17 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
1 May 2017RentedNew contract
AED 70,000/yr12 months · AED 110 per sqft
3 May 2015RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
Studio apartment
Size
634 sqft
Floor
11th of 31
Parking
B1-19
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 725K · June 2022

About 1105, Royal Oceanic Tower

1105 is a studio of 634 sqft on the 11th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 9 June 2022 for AED 725,000, or AED 1,143 per sqft, 7% below the AED 1,230 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 28 March 2023, is AED 50,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, 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 797,219 (AED 1,257 per sqft)Sold, August 2010: AED 797,219 (AED 1,257 per sqft)Sold, June 2022: AED 725,000 (AED 1,143 per sqft)

1105 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1105, 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 75,000 a yearNew contract, May 2017: AED 70,000 a yearNew contract, March 2019: AED 55,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 50,000 a yearRenewal, March 2023: AED 50,000 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 1105 sits

All 80 studios →

1105 last sold in June 2022 at AED 1,143 per sqft, 7% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,230). 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. 1105's AED 50,000 is at the bottom 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 11th floor

All 224 units in Royal Oceanic Tower
Value
1101StudioAED 760K · Sep 2021
1102StudioAED 750K · Apr 2013
11031-bedAED 1.26M · Jun 2025
11041-bedAED 1.03M · Feb 2022
1106StudioAED 1.04M · Mar 2026
1107StudioAED 970K · Jul 2025
1108StudioAED 674K · Aug 2010
1–7 of 11

1105, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 797,219, last on 9 June 2022 for AED 725,000 (AED 1,143 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 50,000 by March 2023.
  • At AED 50,000 a year the gross yield on the 2022 price is 6.9%, 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 28 March 2023.

Questions about 1105, Royal Oceanic Tower

What did unit 1105 last sell for?

AED 725,000 on 9 June 2022: AED 1,143 per sqft for 634 sqft. The unit has 3 registered sales; the first was AED 797,219 in February 2009.

What is the rent for unit 1105?

AED 50,000 a year on the contract renewed on 28 March 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since May 2015.

How big is unit 1105?

634 sqft (58.9 sqm): a studio on the 11th floor of a 31-storey tower completed in 2009.

What is unit 1105 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 1105, Royal Oceanic Tower

Starts from the last sale price (AED 725K, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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