1502, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Royal Oceanic Tower
What is 1502 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,253 sqft
- Floor
- 15th of 31
- Parking
- B1-42
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 26,300 /yr
- Last sold
- AED 2M · December 2016
- Building
- Royal Oceanic Tower
About 1502, Royal Oceanic Tower
1502 is a two-bedroom apartment of 1,253 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 14 December 2016 for AED 2,000,000, or AED 1,596 per sqft, in line with the AED 1,553 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 72,000 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 26,300 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 90 2-beds →1502 last sold in December 2016 at AED 1,596 per sqft, in line with what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,553). 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. 1502's AED 72,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,610 sqft | AED 1.88MAED 1,876,379 · Aug 2010August 2010 | 100,000 /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 |
1502, Royal Oceanic Tower in numbers
- Sold 3 times: first on 15 April 2009 for AED 1,191,910, last on 14 December 2016 for AED 2,000,000 (AED 1,596 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 120,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 26,300 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 1 April 2025.
Questions about 1502, Royal Oceanic Tower
What did unit 1502 last sell for?
AED 2,000,000 on 14 December 2016: AED 1,596 per sqft for 1,253 sqft. The unit has 3 registered sales; the first was AED 1,191,910 in April 2009.
What is the rent for unit 1502?
AED 72,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 72,000; the unit has been rented since August 2013.
How big is unit 1502?
1,253 sqft (116.4 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2009.
What is unit 1502 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 1502, Royal Oceanic Tower
Starts from the last sale price (AED 2M, 14 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →