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2-bed · 1,310 sqftRoyal Oceanic Tower, Dubai Marina · 12th floor · completed 2009

1204, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.93M20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Royal Oceanic Tower

What is 1204 worth today?

Last sold for AED 1,930,000 in 2023

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20 Nov 2023SoldReady
AED 1,930,000AED 1,473 per sqft
8 Dec 2013SoldReady
AED 1,100,000AED 839 per sqft
10 Oct 2013SoldReady
AED 1,550,000AED 1,183 per sqft
19 Aug 2010SoldReady
AED 1,477,290AED 1,128 per sqft
15 Apr 2009Sold by developerOff-plan
AED 1,477,290AED 1,128 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
12th of 31
Parking
B1-30
Developer
Global Group Holdings
Completed
2009
Service charge
AED 27,500 /yr
Last sold
AED 1.93M · November 2023
Building
Royal Oceanic Tower

About 1204, Royal Oceanic Tower

1204 is a two-bedroom apartment of 1,310 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 20 November 2023 for AED 1,930,000, or AED 1,473 per sqft, 25% above the AED 1,183 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Royal Oceanic Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,694,000; 2010 AED 1,667,123; 2011 AED 1,330,000; 2012 AED 1,152,550; 2013 AED 1,725,000; 2014 AED 2,350,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2017 AED 1,850,000; 2019 AED 1,450,000; 2020 AED 900,000; 2021 AED 1,000,000; 2022 AED 1,450,000; 2023 AED 1,665,000; 2024 AED 2,000,000; 2025 AED 2,250,000; 2026 AED 2,175,000Sold by developer, April 2009: AED 1,477,290 (AED 1,128 per sqft)Sold, August 2010: AED 1,477,290 (AED 1,128 per sqft)Sold, October 2013: AED 1,550,000 (AED 1,183 per sqft)Sold, December 2013: AED 1,100,000 (AED 839 per sqft)Sold, November 2023: AED 1,930,000 (AED 1,473 per sqft)

1204 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Royal Oceanic Tower
100K125K2012201620202024Typical rent by year: 2012 AED 102,733; 2013 AED 125,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 127,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 88,000; 2022 AED 95,500; 2023 AED 110,000; 2024 AED 131,250; 2025 AED 135,000; 2026 AED 135,000

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 1204 sits

All 90 2-beds →

1204 last sold in November 2023 at AED 1,473 per sqft, 25% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,183). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20262,750,000
9 Sep 20262,270,000
7 Sep 20262,300,000
6 Aug 202629,467
15 2-bed 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 12th floor

All 224 units in Royal Oceanic Tower
Value
12012-bedAED 1.81M · Aug 2010
12022-bedAED 1.36M · Sep 2013
12032-bedAED 1M · Feb 2021
12052-bedAED 2.07M · Jan 2026
12062-bedAED 1.77M · Aug 2010

1204, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 15 April 2009 for AED 1,477,290, last on 20 November 2023 for AED 1,930,000 (AED 1,473 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 20 November 2023.

Questions about 1204, Royal Oceanic Tower

What did unit 1204 last sell for?

AED 1,930,000 on 20 November 2023: AED 1,473 per sqft for 1,310 sqft. The unit has 5 registered sales; the first was AED 1,477,290 in April 2009.

How big is unit 1204?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2009.

What is unit 1204 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 1204, Royal Oceanic Tower

Starts from the last sale price (AED 1.93M, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

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