1404, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in November 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Royal Oceanic Tower
What is 1404 worth today?
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Source: Dubai Land Department. Updated 21 November 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 14th of 31
- Parking
- B1-101
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 1.45M · November 2019
- Building
- Royal Oceanic Tower
About 1404, Royal Oceanic Tower
1404 is a two-bedroom apartment of 1,310 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 21 November 2019 for AED 1,450,000, or AED 1,107 per sqft, 4% below the AED 1,152 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2017, is AED 130,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 27,500 a year.
Sales and rents for 1404 over time
1404 has sold 3 times; 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 1404 sits
All 90 2-beds →1404 last sold in November 2019 at AED 1,107 per sqft, 4% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,152). 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. 1404's AED 130,000 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 | |
| 1403 | 2-bed | 1,339 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 135,000 /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 |
1404, Royal Oceanic Tower in numbers
- Sold 3 times: first on 19 April 2010 for AED 1,545,000, last on 21 November 2019 for AED 1,450,000 (AED 1,107 per sqft).
- Rented since June 2013 on 3 Ejari contracts, from AED 110,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 27,500 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 21 November 2019.
Questions about 1404, Royal Oceanic Tower
What did unit 1404 last sell for?
AED 1,450,000 on 21 November 2019: AED 1,107 per sqft for 1,310 sqft. The unit has 3 registered sales; the first was AED 1,545,000 in April 2010.
What is the rent for unit 1404?
AED 130,000 a year on the contract signed on 1 August 2017. The previous contract, from July 2015, was AED 130,000; the unit has been rented since June 2013.
How big is unit 1404?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2009.
What is unit 1404 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 1404, Royal Oceanic Tower
Starts from the last sale price (AED 1.45M, 21 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →