2-bed · 1,693 sqftRoyal Oceanic Tower, Dubai Marina · 17th floor · completed 2009

1706, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 1.67M16 August 2010
Current rentAED 170K /yr8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Royal Oceanic Tower

What is 1706 worth today?

Last sold for AED 1,673,751 in 2010

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8 Jul 2025RentedRenewal
AED 170,000/yr12 months · AED 101 per sqft
8 Jul 2025RentedRenewal
AED 170,000/yr12 months · AED 101 per sqft
8 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
8 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
23 Jun 2023RentedNew contract
AED 145,000/yr12 months · AED 86 per sqft
16 Jun 2022RentedNew contract
AED 128,500/yr12 months · AED 76 per sqft
18 Nov 2021RentedRenewal
AED 99,000/yr12 months · AED 59 per sqft
18 Nov 2020RentedRenewal
AED 90,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
2-bed apartment
Size
1,693 sqft
Floor
17th of 31
Parking
B1-58
Developer
Global Group Holdings
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.67M · August 2010

About 1706, Royal Oceanic Tower

1706 is a two-bedroom apartment of 1,693 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 16 August 2010 for AED 1,673,751, or AED 988 per sqft, 15% below the AED 1,168 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 8 July 2025, is AED 170,000 a year: a gross yield of 10.2% on the 2010 price, before the service charge of about AED 35,600 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, April 2009: AED 1,673,751 (AED 988 per sqft)Sold, August 2010: AED 1,673,751 (AED 988 per sqft)

1706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, 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 2013: AED 145,000 a yearNew contract, October 2015: AED 145,000 a yearNew contract, October 2016: AED 145,000 a yearRenewal, October 2017: AED 145,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, November 2019: AED 93,000 a yearRenewal, November 2020: AED 90,000 a yearRenewal, November 2021: AED 99,000 a yearNew contract, June 2022: AED 128,500 a yearNew contract, June 2023: AED 145,000 a yearNew contract, July 2024: AED 160,000 a yearNew contract, July 2024: AED 160,000 a yearRenewal, July 2025: AED 170,000 a yearRenewal, July 2025: AED 170,000 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 1706 sits

All 90 2-beds →

1706 last sold in August 2010 at AED 988 per sqft, 15% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,168). 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. 1706's AED 170,000 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
17042-bedAED 2.28M · May 2024
17052-bedAED 2.15M · Mar 2026

1706, Royal Oceanic Tower in numbers

  • Sold twice: first on 15 April 2009 for AED 1,673,751, last on 16 August 2010 for AED 1,673,751 (AED 988 per sqft).
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2020 and recovered to AED 170,000 by July 2025.
  • At AED 170,000 a year the gross yield on the 2010 price is 10.2%, 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 8 July 2025.

Questions about 1706, Royal Oceanic Tower

What did unit 1706 last sell for?

AED 1,673,751 on 16 August 2010: AED 988 per sqft for 1,693 sqft. The unit has 2 registered sales; the first was AED 1,673,751 in April 2009.

What is the rent for unit 1706?

AED 170,000 a year on the contract renewed on 8 July 2025. The previous contract, from July 2025, was AED 170,000; the unit has been rented since October 2013.

How big is unit 1706?

1,693 sqft (157.3 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2009.

What is unit 1706 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 1706, Royal Oceanic Tower

Starts from the last sale price (AED 1.67M, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,673,751
Deposit, UAE resident (20%)
AED 334,750
Deposit, non-resident (40%)
AED 669,500
Monthly over 25 years at 3.7%
AED 6,848

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