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2-bed · 1,693 sqftRoyal Oceanic Tower, Dubai Marina · 12th floor · completed 2009

1206, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in August 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 18 August 2010
Last soldAED 1.77M18 August 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, Royal Oceanic Tower

What is 1206 worth today?

Last sold for AED 1,773,634 in 2010

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18 Aug 2010SoldReady
AED 1,773,634AED 1,047 per sqft
12 Feb 2009Sold by developerOff-plan
AED 1,773,634AED 1,047 per sqft

Source: Dubai Land Department. Updated 18 August 2010.

Key facts

Type
2-bed apartment
Size
1,693 sqft
Floor
12th of 31
Parking
B2-89
Developer
Global Group Holdings
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.77M · August 2010
Building
Royal Oceanic Tower

About 1206, Royal Oceanic Tower

1206 is a two-bedroom apartment of 1,693 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 18 August 2010 for AED 1,773,634, or AED 1,047 per sqft, 9% below the AED 1,156 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, February 2009: AED 1,773,634 (AED 1,047 per sqft)Sold, August 2010: AED 1,773,634 (AED 1,047 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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 1206 sits

All 90 2-beds →

1206 last sold in August 2010 at AED 1,047 per sqft, 9% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,156). 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
12042-bedAED 1.93M · Nov 2023
12052-bedAED 2.07M · Jan 2026

1206, Royal Oceanic Tower in numbers

  • Sold twice: first on 12 February 2009 for AED 1,773,634, last on 18 August 2010 for AED 1,773,634 (AED 1,047 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 18 August 2010.

Questions about 1206, Royal Oceanic Tower

What did unit 1206 last sell for?

AED 1,773,634 on 18 August 2010: AED 1,047 per sqft for 1,693 sqft. The unit has 2 registered sales; the first was AED 1,773,634 in February 2009.

How big is unit 1206?

1,693 sqft (157.3 sqm): a two-bedroom apartment on the 12th floor of a 31-storey tower completed in 2009.

What is unit 1206 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 1206, Royal Oceanic Tower

Starts from the last sale price (AED 1.77M, 18 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,773,634
Deposit, UAE resident (20%)
AED 354,727
Deposit, non-resident (40%)
AED 709,454
Monthly over 25 years at 3.7%
AED 7,256

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