1505, Royal Oceanic Tower
Sold prices and rental history: sold 5 times, last in April 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 1505, Royal Oceanic Tower
What is 1505 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,203 sqft
- Floor
- 15th of 31
- Parking
- B1-45
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2M · April 2025
- Building
- Royal Oceanic Tower
About 1505, Royal Oceanic Tower
1505 is a two-bedroom apartment of 1,203 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 23 April 2025 for AED 2,000,000, or AED 1,662 per sqft, 5% above the AED 1,576 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 114,765 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 90 2-beds →1505 last sold in April 2025 at AED 1,662 per sqft, 5% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,576). 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. 1505's AED 114,765 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 | |
| 1504 | 2-bed | 1,310 sqft | AED 1.93MAED 1,925,000 · Feb 2025February 2025 | 110,000 /yr | |
| 1506 | 2-bed | 1,693 sqft | AED 2.33MAED 2,330,000 · May 2013May 2013 |
1505, Royal Oceanic Tower in numbers
- Sold 5 times: first on 15 April 2009 for AED 1,694,000, last on 23 April 2025 for AED 2,000,000 (AED 1,662 per sqft).
- Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 114,765 by May 2025.
- At AED 114,765 a year the gross yield on the 2025 price is 5.7%, 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 1 May 2025.
Questions about 1505, Royal Oceanic Tower
What did unit 1505 last sell for?
AED 2,000,000 on 23 April 2025: AED 1,662 per sqft for 1,203 sqft. The unit has 5 registered sales; the first was AED 1,694,000 in April 2009.
What is the rent for unit 1505?
AED 114,765 a year on the contract signed on 1 May 2025. The previous contract, from May 2024, was AED 113,850; the unit has been rented since July 2013.
How big is unit 1505?
1,203 sqft (111.8 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2009.
What is unit 1505 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 1505, Royal Oceanic Tower
Starts from the last sale price (AED 2M, 23 April 2025). 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 →