1504, Royal Oceanic Tower
Sold prices and rental history: sold 5 times, last in February 2025, 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 1504, Royal Oceanic Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 15th of 31
- Parking
- B1-44
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 1.93M · February 2025
- Building
- Royal Oceanic Tower
About 1504, Royal Oceanic Tower
1504 is a two-bedroom apartment of 1,310 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 5 February 2025 for AED 1,925,000, or AED 1,469 per sqft, 4% below the AED 1,527 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 15 September 2026, is AED 110,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 27,500 a year.
Sales and rents for 1504 over time
1504 has sold 5 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 1504 sits
All 90 2-beds →1504 last sold in February 2025 at AED 1,469 per sqft, 4% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,527). 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. 1504's AED 110,000 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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,610 sqft | AED 1.88MAED 1,876,379 · Aug 2010August 2010 | 100,000 /yr | |
| 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 | |
| 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 |
1504, Royal Oceanic Tower in numbers
- Sold 5 times: first on 12 February 2009 for AED 1,162,986, last on 5 February 2025 for AED 1,925,000 (AED 1,469 per sqft).
- Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2021 and recovered to AED 110,000 by September 2026.
- At AED 110,000 a year the gross yield on the 2025 price is 5.7%, 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 15 September 2026.
Questions about 1504, Royal Oceanic Tower
What did unit 1504 last sell for?
AED 1,925,000 on 5 February 2025: AED 1,469 per sqft for 1,310 sqft. The unit has 5 registered sales; the first was AED 1,162,986 in February 2009.
What is the rent for unit 1504?
AED 110,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2023, was AED 96,800; the unit has been rented since October 2013.
How big is unit 1504?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2009.
What is unit 1504 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 1504, Royal Oceanic Tower
Starts from the last sale price (AED 1.93M, 5 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,925,000
- Deposit, UAE resident (20%)
- AED 385,000
- Deposit, non-resident (40%)
- AED 770,000
- Monthly over 25 years at 3.7%
- AED 7,876
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →