1403, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Royal Oceanic Tower
What is 1403 worth today?
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Source: Dubai Land Department. Updated 11 November 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 14th of 31
- Parking
- B2-66
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 28,100 /yr
- Last sold
- AED 1.4M · November 2018
- Building
- Royal Oceanic Tower
About 1403, Royal Oceanic Tower
1403 is a two-bedroom apartment of 1,339 sqft on the 14th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 11 November 2018 for AED 1,400,000, or AED 1,045 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 October 2017, is AED 135,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 28,100 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 90 2-beds →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. 1403's AED 135,000 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 14th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,610 sqft | AED 2.08MAED 2,075,000 · Aug 2015August 2015 | 165,000 /yr | |
| 1402 | 2-bed | 1,253 sqft | AED 1.45MAED 1,450,000 · Nov 2019November 2019 | 120,000 /yr | |
| 1404 | 2-bed | 1,310 sqft | AED 1.45MAED 1,450,000 · Nov 2019November 2019 | 130,000 /yr | |
| 1405 | 2-bed | 1,203 sqft | AED 750KAED 750,000 · Feb 2011February 2011 | 100,000 /yr | |
| 1406 | 2-bed | 1,693 sqft | AED 2.35MAED 2,350,000 · Oct 2023October 2023 |
1403, Royal Oceanic Tower in numbers
- Sold twice: first on 6 February 2012 for AED 1,205,100, last on 11 November 2018 for AED 1,400,000 (AED 1,045 per sqft).
- Rented since October 2014 on 4 Ejari contracts, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2018 price is 9.6%, 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 11 November 2018.
Questions about 1403, Royal Oceanic Tower
What did unit 1403 last sell for?
AED 1,400,000 on 11 November 2018: AED 1,045 per sqft for 1,339 sqft. The unit has 2 registered sales; the first was AED 1,205,100 in February 2012.
What is the rent for unit 1403?
AED 135,000 a year on the contract renewed on 1 October 2017. The previous contract, from October 2016, was AED 135,000; the unit has been rented since October 2014.
How big is unit 1403?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2009.
What is unit 1403 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 1403, Royal Oceanic Tower
Starts from the last sale price (AED 1.4M, 11 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →