1702, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in July 2022, 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 1702, Royal Oceanic Tower
What is 1702 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,253 sqft
- Floor
- 17th of 31
- Parking
- B1-54
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 26,300 /yr
- Last sold
- AED 1.3M · July 2022
- Building
- Royal Oceanic Tower
About 1702, Royal Oceanic Tower
1702 is a two-bedroom apartment of 1,253 sqft on the 17th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 26 July 2022 for AED 1,300,000, or AED 1,037 per sqft, in line with the AED 1,037 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 96,800 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 26,300 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 90 2-beds →1702 last sold in July 2022 at AED 1,037 per sqft, in line with what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,037). 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. 1702's AED 96,800 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 17th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,610 sqft | AED 1.99MAED 1,986,950 · Aug 2010August 2010 | 90,000 /yr | |
| 1703 | 2-bed | 1,339 sqft | AED 1.42MAED 1,418,927 · Aug 2010August 2010 | 130,000 /yr | |
| 1704 | 2-bed | 1,310 sqft | AED 2.28MAED 2,280,000 · May 2024May 2024 | 115,000 /yr | |
| 1705 | 2-bed | 1,203 sqft | AED 2.15MAED 2,150,000 · Mar 2026March 2026 | 130,000 /yr | |
| 1706 | 2-bed | 1,693 sqft | AED 1.67MAED 1,673,751 · Aug 2010August 2010 | 170,000 /yr |
1702, Royal Oceanic Tower in numbers
- Sold 3 times: first on 15 April 2009 for AED 1,364,036, last on 26 July 2022 for AED 1,300,000 (AED 1,037 per sqft).
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 124,665 to AED 80,000 in 2021 and recovered to AED 96,800 by November 2023.
- At AED 96,800 a year the gross yield on the 2022 price is 7.4%, 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 November 2023.
Questions about 1702, Royal Oceanic Tower
What did unit 1702 last sell for?
AED 1,300,000 on 26 July 2022: AED 1,037 per sqft for 1,253 sqft. The unit has 3 registered sales; the first was AED 1,364,036 in April 2009.
What is the rent for unit 1702?
AED 96,800 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 88,000; the unit has been rented since January 2014.
How big is unit 1702?
1,253 sqft (116.4 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2009.
What is unit 1702 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 1702, Royal Oceanic Tower
Starts from the last sale price (AED 1.3M, 26 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →