1501, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, 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 1501, Royal Oceanic Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 2 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,610 sqft
- Floor
- 15th of 31
- Parking
- B1-83,84
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 33,800 /yr
- Last sold
- AED 1.88M · August 2010
- Building
- Royal Oceanic Tower
About 1501, Royal Oceanic Tower
1501 is a two-bedroom apartment of 1,610 sqft on the 15th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 18 August 2010 for AED 1,876,379, or AED 1,165 per sqft, in line with the AED 1,156 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 2 November 2025, is AED 100,000 a year: a gross yield of 5.3% on the 2010 price, before the service charge of about AED 33,800 a year.
Sales and rents for 1501 over time
1501 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 1501 sits
All 90 2-beds →1501 last sold in August 2010 at AED 1,165 per sqft, in line with what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,156). 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. 1501's AED 100,000 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 15th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,253 sqft | AED 2MAED 2,000,000 · Dec 2016December 2016 | 72,000 /yr | |
| 1503 | 2-bed | 1,339 sqft | AED 1.35MAED 1,345,719 · Aug 2010August 2010 | 121,275 /yr | |
| 1504 | 2-bed | 1,310 sqft | AED 1.93MAED 1,925,000 · Feb 2025February 2025 | 110,000 /yr | |
| 1505 | 2-bed | 1,203 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | 114,765 /yr | |
| 1506 | 2-bed | 1,693 sqft | AED 2.33MAED 2,330,000 · May 2013May 2013 |
1501, Royal Oceanic Tower in numbers
- Sold twice: first on 12 February 2009 for AED 1,876,379, last on 18 August 2010 for AED 1,876,379 (AED 1,165 per sqft).
- Rented since August 2014 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 100,000 by November 2025.
- At AED 100,000 a year the gross yield on the 2010 price is 5.3%, before a service charge of about AED 33,800 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 2 November 2025.
Questions about 1501, Royal Oceanic Tower
What did unit 1501 last sell for?
AED 1,876,379 on 18 August 2010: AED 1,165 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 1,876,379 in February 2009.
What is the rent for unit 1501?
AED 100,000 a year on the contract signed on 2 November 2025. The previous contract, from October 2024, was AED 130,000; the unit has been rented since August 2014.
How big is unit 1501?
1,610 sqft (149.6 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2009.
What is unit 1501 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 1501, Royal Oceanic Tower
Starts from the last sale price (AED 1.88M, 18 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,876,379
- Deposit, UAE resident (20%)
- AED 375,276
- Deposit, non-resident (40%)
- AED 750,552
- Monthly over 25 years at 3.7%
- AED 7,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →