2-bed · 1,310 sqftRoyal Oceanic Tower, Dubai Marina · 17th floor · completed 2009

1704, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in May 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 2.28M8 May 2024
Current rentAED 115K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Royal Oceanic Tower

What is 1704 worth today?

Last sold for AED 2,280,000 in 2024

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15 Jul 2026RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
1 Oct 2025RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft
8 May 2024SoldReady
AED 2,280,000AED 1,741 per sqft
23 Aug 2015SoldReady
AED 1,800,000AED 1,374 per sqft
24 Aug 2010SoldReady
AED 1,500,000AED 1,145 per sqft
16 Nov 2009Sold by developerOff-plan
AED 1,500,000AED 1,145 per sqft
16 Nov 2009SoldOff-plan
AED 1,500,000AED 1,145 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
17th of 31
Parking
B1-57
Developer
Global Group Holdings
Completed
2009
Service charge
AED 27,500 /yr
Last sold
AED 2.28M · May 2024

About 1704, Royal Oceanic Tower

1704 is a two-bedroom apartment of 1,310 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 8 May 2024 for AED 2,280,000, or AED 1,741 per sqft, 25% above the AED 1,388 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 July 2026, is AED 115,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 27,500 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Royal Oceanic Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,694,000; 2010 AED 1,667,123; 2011 AED 1,330,000; 2012 AED 1,152,550; 2013 AED 1,725,000; 2014 AED 2,350,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2017 AED 1,850,000; 2019 AED 1,450,000; 2020 AED 900,000; 2021 AED 1,000,000; 2022 AED 1,450,000; 2023 AED 1,665,000; 2024 AED 2,000,000; 2025 AED 2,250,000; 2026 AED 2,175,000Sold by developer, November 2009: AED 1,500,000 (AED 1,145 per sqft)Sold, November 2009: AED 1,500,000 (AED 1,145 per sqft)Sold, August 2010: AED 1,500,000 (AED 1,145 per sqft)Sold, August 2015: AED 1,800,000 (AED 1,374 per sqft)Sold, May 2024: AED 2,280,000 (AED 1,741 per sqft)

1704 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Royal Oceanic Tower
100K150K2012201620202024Typical rent by year: 2012 AED 102,733; 2013 AED 125,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 127,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 88,000; 2022 AED 95,500; 2023 AED 110,000; 2024 AED 131,250; 2025 AED 135,000; 2026 AED 135,000New contract, October 2025: AED 145,000 a yearNew contract, July 2026: AED 115,000 a year

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 1704 sits

All 90 2-beds →

1704 last sold in May 2024 at AED 1,741 per sqft, 25% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,388). 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. 1704's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20262,750,000
9 Sep 20262,270,000
7 Sep 20262,300,000
6 Aug 202629,467
15 2-bed sales in the last 12 months

Royal Oceanic Tower

Building

224 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%
Royal Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 224 units in Royal Oceanic Tower
Value
17012-bedAED 1.99M · Aug 2010
17022-bedAED 1.3M · Jul 2022
17032-bedAED 1.42M · Aug 2010
17052-bedAED 2.15M · Mar 2026
17062-bedAED 1.67M · Aug 2010

1704, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 16 November 2009 for AED 1,500,000, last on 8 May 2024 for AED 2,280,000 (AED 1,741 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, from AED 145,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 5.0%, 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 July 2026.

Questions about 1704, Royal Oceanic Tower

What did unit 1704 last sell for?

AED 2,280,000 on 8 May 2024: AED 1,741 per sqft for 1,310 sqft. The unit has 5 registered sales; the first was AED 1,500,000 in November 2009.

What is the rent for unit 1704?

AED 115,000 a year on the contract signed on 15 July 2026. The previous contract, from October 2025, was AED 145,000.

How big is unit 1704?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2009.

What is unit 1704 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 1704, Royal Oceanic Tower

Starts from the last sale price (AED 2.28M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,280,000
Deposit, UAE resident (20%)
AED 456,000
Deposit, non-resident (40%)
AED 912,000
Monthly over 25 years at 3.7%
AED 9,328

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →