2-bed · 1,339 sqftRoyal Oceanic Tower, Dubai Marina · 13th floor · completed 2009

1303, Royal Oceanic Tower

Sold prices and rental history: sold 4 times, last in March 2015, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 3 March 2015
Last soldAED 2.4M3 March 2015
Current rentAED 60K /yr13 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Royal Oceanic Tower

What is 1303 worth today?

Last sold for AED 2,400,000 in 2015

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3 Mar 2015SoldReady
AED 2,400,000AED 1,792 per sqft
13 Apr 2013RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
19 Mar 2013SoldReady
AED 1,450,000AED 1,083 per sqft
17 Aug 2010SoldReady
AED 1,340,888AED 1,001 per sqft
28 Jul 2010Sold by developerOff-plan
AED 1,340,888AED 1,001 per sqft

Source: Dubai Land Department. Updated 3 March 2015.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
13th of 31
Parking
B1-34
Developer
Global Group Holdings
Completed
2009
Service charge
AED 28,100 /yr
Last sold
AED 2.4M · March 2015

About 1303, Royal Oceanic Tower

1303 is a two-bedroom apartment of 1,339 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 3 March 2015 for AED 2,400,000, or AED 1,792 per sqft, in line with the AED 1,742 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 April 2013. The current contract, signed on 13 April 2013, is AED 60,000 a year: a gross yield of 2.5% on the 2015 price, before the service charge of about AED 28,100 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, July 2010: AED 1,340,888 (AED 1,001 per sqft)Sold, August 2010: AED 1,340,888 (AED 1,001 per sqft)Sold, March 2013: AED 1,450,000 (AED 1,083 per sqft)Sold, March 2015: AED 2,400,000 (AED 1,792 per sqft)

1303 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Royal Oceanic Tower
50K100K2012201620202024Typical 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, April 2013: AED 60,000 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 1303 sits

All 90 2-beds →

1303 last sold in March 2015 at AED 1,792 per sqft, in line with what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,742). 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. 1303's AED 60,000 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
13022-bedAED 2.09M · Apr 2014
13042-bedAED 1.3M · Aug 2010
13052-bedAED 750K · Aug 2010
13062-bedAED 2.32M · Jun 2013

1303, Royal Oceanic Tower in numbers

  • Sold 4 times: first on 28 July 2010 for AED 1,340,888, last on 3 March 2015 for AED 2,400,000 (AED 1,792 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 2.5%, before a service charge of about AED 28,100 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 3 March 2015.

Questions about 1303, Royal Oceanic Tower

What did unit 1303 last sell for?

AED 2,400,000 on 3 March 2015: AED 1,792 per sqft for 1,339 sqft. The unit has 4 registered sales; the first was AED 1,340,888 in July 2010.

What is the rent for unit 1303?

AED 60,000 a year on the contract signed on 13 April 2013.

How big is unit 1303?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 13th floor of a 31-storey tower completed in 2009.

What is unit 1303 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 1303, Royal Oceanic Tower

Starts from the last sale price (AED 2.4M, 3 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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