2-bed · 1,253 sqftRoyal Oceanic Tower, Dubai Marina · 13th floor · completed 2009

1302, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in April 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 8 January 2020
Last soldAED 2.09M10 April 2014
Current rentAED 80K /yr8 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Royal Oceanic Tower

What is 1302 worth today?

Last sold for AED 2,090,000 in 2014

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8 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
1 Jul 2014RentedNew contract
AED 119,000/yr12 months · AED 95 per sqft
10 Apr 2014SoldReady
AED 2,090,000AED 1,668 per sqft
17 Aug 2010SoldReady
AED 1,369,702AED 1,093 per sqft
15 Apr 2009Sold by developerOff-plan
AED 1,369,702AED 1,093 per sqft

Source: Dubai Land Department. Updated 8 January 2020.

Key facts

Type
2-bed apartment
Size
1,253 sqft
Floor
13th of 31
Parking
B1-33
Developer
Global Group Holdings
Completed
2009
Service charge
AED 26,300 /yr
Last sold
AED 2.09M · April 2014

About 1302, Royal Oceanic Tower

1302 is a two-bedroom apartment of 1,253 sqft on the 13th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 10 April 2014 for AED 2,090,000, or AED 1,668 per sqft, 21% above the AED 1,376 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 8 January 2020, is AED 80,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 26,300 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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 1,369,702 (AED 1,093 per sqft)Sold, August 2010: AED 1,369,702 (AED 1,093 per sqft)Sold, April 2014: AED 2,090,000 (AED 1,668 per sqft)

1302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Royal Oceanic Tower
75K100K125K2012201620202024Typical 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 135,000New contract, July 2014: AED 119,000 a yearNew contract, January 2020: AED 80,000 a year

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 1302 sits

All 90 2-beds →

1302 last sold in April 2014 at AED 1,668 per sqft, 21% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,376). 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. 1302's AED 80,000 is at the bottom of that range.

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 13th floor

All 224 units in Royal Oceanic Tower
Value
13012-bedAED 2.5M · Jun 2025
13032-bedAED 2.4M · Mar 2015
13042-bedAED 1.3M · Aug 2010
13052-bedAED 750K · Aug 2010
13062-bedAED 2.32M · Jun 2013

1302, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 1,369,702, last on 10 April 2014 for AED 2,090,000 (AED 1,668 per sqft).
  • Rented since July 2014 on 2 Ejari contracts, from AED 119,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 26,300 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 8 January 2020.

Questions about 1302, Royal Oceanic Tower

What did unit 1302 last sell for?

AED 2,090,000 on 10 April 2014: AED 1,668 per sqft for 1,253 sqft. The unit has 3 registered sales; the first was AED 1,369,702 in April 2009.

What is the rent for unit 1302?

AED 80,000 a year on the contract signed on 8 January 2020. The previous contract, from July 2014, was AED 119,000.

How big is unit 1302?

1,253 sqft (116.4 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2009.

What is unit 1302 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 1302, Royal Oceanic Tower

Starts from the last sale price (AED 2.09M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,000
Deposit, UAE resident (20%)
AED 418,000
Deposit, non-resident (40%)
AED 836,000
Monthly over 25 years at 3.7%
AED 8,551

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