2-bed · 1,203 sqftRoyal Oceanic Tower, Dubai Marina · 14th floor · completed 2009

1405, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in February 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 750K20 February 2011
Current rentAED 100K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Royal Oceanic Tower

What is 1405 worth today?

Last sold for AED 750,000 in 2011

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31 Jul 2026RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
31 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
31 Jul 2024RentedNew contract
AED 93,000/yr12 months · AED 77 per sqft
31 Jul 2024RentedNew contract
AED 93,000/yr12 months · AED 77 per sqft
31 Jul 2023RentedRenewal
AED 83,000/yr12 months · AED 69 per sqft
31 Jul 2022RentedRenewal
AED 83,000/yr12 months · AED 69 per sqft
31 Jul 2021RentedNew contract
AED 76,000/yr12 months · AED 63 per sqft
27 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
14th of 31
Parking
B1-39
Developer
Global Group Holdings
Completed
2009
Service charge
AED 25,300 /yr
Last sold
AED 750K · February 2011

About 1405, Royal Oceanic Tower

1405 is a two-bedroom apartment of 1,203 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 20 February 2011 for AED 750,000, or AED 623 per sqft, 45% below the AED 1,128 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 31 July 2026, is AED 100,000 a year: a gross yield of 13.3% on the 2011 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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 1,694,000 (AED 1,407 per sqft)Sold, August 2010: AED 1,694,000 (AED 1,407 per sqft)Sold, February 2011: AED 750,000 (AED 623 per sqft)

1405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Royal Oceanic Tower
100K2012201620202024Typical 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, October 2012: AED 130,000 a yearNew contract, October 2013: AED 130,000 a yearNew contract, October 2014: AED 130,000 a yearNew contract, August 2018: AED 105,000 a yearNew contract, July 2021: AED 76,000 a yearRenewal, July 2022: AED 83,000 a yearRenewal, July 2023: AED 83,000 a yearNew contract, July 2024: AED 93,000 a yearNew contract, July 2024: AED 93,000 a yearRenewal, July 2025: AED 100,000 a yearRenewal, July 2026: AED 100,000 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 1405 sits

All 90 2-beds →

1405 last sold in February 2011 at AED 623 per sqft, 45% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,128). 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. 1405's AED 100,000 is in the lower half 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 14th floor

All 224 units in Royal Oceanic Tower
Value
14012-bedAED 2.08M · Aug 2015
14022-bedAED 1.45M · Nov 2019
14032-bedAED 1.4M · Nov 2018
14042-bedAED 1.45M · Nov 2019
14062-bedAED 2.35M · Oct 2023

1405, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 1,694,000, last on 20 February 2011 for AED 750,000 (AED 623 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 76,000 in 2021 and recovered to AED 100,000 by July 2026.
  • At AED 100,000 a year the gross yield on the 2011 price is 13.3%, before a service charge of about AED 25,300 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 31 July 2026.

Questions about 1405, Royal Oceanic Tower

What did unit 1405 last sell for?

AED 750,000 on 20 February 2011: AED 623 per sqft for 1,203 sqft. The unit has 3 registered sales; the first was AED 1,694,000 in April 2009.

What is the rent for unit 1405?

AED 100,000 a year on the contract renewed on 31 July 2026. The previous contract, from July 2025, was AED 100,000; the unit has been rented since October 2012.

How big is unit 1405?

1,203 sqft (111.8 sqm): a two-bedroom apartment on the 14th floor of a 31-storey tower completed in 2009.

What is unit 1405 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 1405, Royal Oceanic Tower

Starts from the last sale price (AED 750K, 20 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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