1201, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Royal Oceanic Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,610 sqft
- Floor
- 12th of 31
- Parking
- B2-88
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 33,800 /yr
- Last sold
- AED 1.81M · August 2010
- Building
- Royal Oceanic Tower
About 1201, Royal Oceanic Tower
1201 is a two-bedroom apartment of 1,610 sqft on the 12th 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 1,810,717, or AED 1,124 per sqft, 5% below the AED 1,179 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 150,000 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 33,800 a year.
Sales and rents for 1201 over time
1201 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Royal Oceanic Tower, and where 1201 sits
All 90 2-beds →1201 last sold in August 2010 at AED 1,124 per sqft, 5% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,179). Over the last 12 months two-beds sold for AED 1,000,000 to 2,900,000, around AED 1,615 per sqft, and rent for AED 95,000 to 250,000 a year. 1201's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,710 sqft | 2,750,000 | 1,608 | ||
| 9 Sep 20269 September 2026 | 1,693 sqft | 2,270,000 | 1,340 | ||
| 7 Sep 20267 September 2026 | 1,203 sqft | 2,300,000 | 1,911 | ||
| 6 Aug 20266 August 2026 | 1,339 sqft | 29,467 | 22 |
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 12th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,253 sqft | AED 1.36MAED 1,364,143 · Sep 2013September 2013 | 135,000 /yr | |
| 1203 | 2-bed | 1,339 sqft | AED 1MAED 1,000,000 · Feb 2021February 2021 | 125,000 /yr | |
| 1204 | 2-bed | 1,310 sqft | AED 1.93MAED 1,930,000 · Nov 2023November 2023 | ||
| 1205 | 2-bed | 1,203 sqft | AED 2.07MAED 2,070,000 · Jan 2026January 2026 | 145,000 /yr | |
| 1206 | 2-bed | 1,693 sqft | AED 1.77MAED 1,773,634 · Aug 2010August 2010 |
1201, Royal Oceanic Tower in numbers
- Sold twice: first on 6 May 2009 for AED 1,810,717, last on 17 August 2010 for AED 1,810,717 (AED 1,124 per sqft).
- Rented since January 2018 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 150,000 by June 2026.
- At AED 150,000 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 33,800 a year (AED 21.01 per sqft).
- Two-beds in Royal Oceanic Tower sold for AED 1,000,000–2,900,000 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 June 2026.
Questions about 1201, Royal Oceanic Tower
What did unit 1201 last sell for?
AED 1,810,717 on 17 August 2010: AED 1,124 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 1,810,717 in May 2009.
What is the rent for unit 1201?
AED 150,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 150,000; the unit has been rented since January 2018.
How big is unit 1201?
1,610 sqft (149.6 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2009.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Royal Oceanic Tower sold for AED 1,000,000 to 2,900,000 in the last 12 months, around AED 1,615 per sqft.
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Mortgage on 1201, Royal Oceanic Tower
Starts from the last sale price (AED 1.81M, 17 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,810,717
- Deposit, UAE resident (20%)
- AED 362,143
- Deposit, non-resident (40%)
- AED 724,287
- Monthly over 25 years at 3.7%
- AED 7,408
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →