1606, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in May 2014, 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 1606, Royal Oceanic Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 19 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,693 sqft
- Floor
- 16th of 31
- Parking
- B1-52
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 35,600 /yr
- Last sold
- AED 3.05M · May 2014
- Building
- Royal Oceanic Tower
About 1606, Royal Oceanic Tower
1606 is a two-bedroom apartment of 1,693 sqft on the 16th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 11 May 2014 for AED 3,050,000, or AED 1,801 per sqft, 30% above the AED 1,385 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 19 October 2024, is AED 95,000 a year: a gross yield of 3.1% on the 2014 price, before the service charge of about AED 35,600 a year.
Sales and rents for 1606 over time
1606 has sold 4 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 1606 sits
All 90 2-beds →1606 last sold in May 2014 at AED 1,801 per sqft, 30% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,385). 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. 1606's AED 95,000 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 16th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,610 sqft | AED 2.3MAED 2,300,000 · Oct 2013October 2013 | 97,500 /yr | |
| 1602 | 2-bed | 1,253 sqft | AED 1.7MAED 1,703,347 · Aug 2010August 2010 | 75,600 /yr | |
| 1603 | 2-bed | 1,339 sqft | AED 1.45MAED 1,450,000 · Dec 2022December 2022 | 130,200 /yr | |
| 1604 | 2-bed | 1,310 sqft | AED 2.1MAED 2,100,000 · Mar 2026March 2026 | 126,500 /yr | |
| 1605 | 2-bed | 1,203 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 102,000 /yr |
1606, Royal Oceanic Tower in numbers
- Sold 4 times: first on 26 March 2009 for AED 1,750,827, last on 11 May 2014 for AED 3,050,000 (AED 1,801 per sqft).
- Rented since December 2013 on 7 Ejari contracts, from AED 155,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2014 price is 3.1%, before a service charge of about AED 35,600 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 19 October 2024.
Questions about 1606, Royal Oceanic Tower
What did unit 1606 last sell for?
AED 3,050,000 on 11 May 2014: AED 1,801 per sqft for 1,693 sqft. The unit has 4 registered sales; the first was AED 1,750,827 in March 2009.
What is the rent for unit 1606?
AED 95,000 a year on the contract signed on 19 October 2024. The previous contract, from October 2024, was AED 95,000; the unit has been rented since December 2013.
How big is unit 1606?
1,693 sqft (157.3 sqm): a two-bedroom apartment on the 16th floor of a 31-storey tower completed in 2009.
What is unit 1606 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 1606, Royal Oceanic Tower
Starts from the last sale price (AED 3.05M, 11 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →