2-bed · 1,253 sqftRoyal Oceanic Tower, Dubai Marina · 18th floor · completed 2009

1802, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 1.3M8 December 2022
Current rentAED 72K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Royal Oceanic Tower

What is 1802 worth today?

Last sold for AED 1,300,000 in 2022

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6 Feb 2023RentedNew contract
AED 71,794/yr12 months · AED 57 per sqft
8 Dec 2022SoldReady
AED 1,300,000AED 1,037 per sqft
14 Dec 2021RentedRenewal
AED 83,950/yr12 months · AED 67 per sqft
14 Dec 2020RentedRenewal
AED 73,000/yr12 months · AED 58 per sqft
14 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
24 Aug 2018RentedRenewal
AED 118,000/yr12 months · AED 94 per sqft
24 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 92 per sqft
20 Jan 2016RentedRenewal
AED 139,150/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
2-bed apartment
Size
1,253 sqft
Floor
18th of 31
Parking
B1-56
Developer
Global Group Holdings
Completed
2009
Service charge
AED 26,300 /yr
Last sold
AED 1.3M · December 2022

About 1802, Royal Oceanic Tower

1802 is a two-bedroom apartment of 1,253 sqft on the 18th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 8 December 2022 for AED 1,300,000, or AED 1,037 per sqft, 4% below the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 6 February 2023, is AED 71,794 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 26,300 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, March 2011: AED 605,625 (AED 483 per sqft)Sold, July 2012: AED 1,400,000 (AED 1,117 per sqft)Sold, December 2022: AED 1,300,000 (AED 1,037 per sqft)

1802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, 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, January 2013: AED 115,000 a yearNew contract, January 2014: AED 115,000 a yearRenewal, January 2015: AED 126,500 a yearRenewal, January 2016: AED 139,150 a yearNew contract, August 2017: AED 115,000 a yearRenewal, August 2018: AED 118,000 a yearNew contract, December 2019: AED 80,000 a yearRenewal, December 2020: AED 73,000 a yearRenewal, December 2021: AED 83,950 a yearNew contract, February 2023: AED 71,794 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 1802 sits

All 90 2-beds →

1802 last sold in December 2022 at AED 1,037 per sqft, 4% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,083). 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. 1802's AED 71,794 is at the bottom 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 18th floor

All 224 units in Royal Oceanic Tower
Value
18012-bedAED 2.33M · Aug 2013
18032-bedAED 29K · Aug 2026
18042-bedAED 1.95M · Aug 2024
18052-bedAED 1.38M · Aug 2013
18062-bedAED 2.7M · Oct 2025

1802, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 30 March 2011 for AED 605,625, last on 8 December 2022 for AED 1,300,000 (AED 1,037 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 115,000 to AED 71,794 a year.
  • At AED 71,794 a year the gross yield on the 2022 price is 5.5%, 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 6 February 2023.

Questions about 1802, Royal Oceanic Tower

What did unit 1802 last sell for?

AED 1,300,000 on 8 December 2022: AED 1,037 per sqft for 1,253 sqft. The unit has 3 registered sales; the first was AED 605,625 in March 2011.

What is the rent for unit 1802?

AED 71,794 a year on the contract signed on 6 February 2023. The previous contract, from December 2021, was AED 83,950; the unit has been rented since January 2013.

How big is unit 1802?

1,253 sqft (116.4 sqm): a two-bedroom apartment on the 18th floor of a 31-storey tower completed in 2009.

What is unit 1802 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 1802, Royal Oceanic Tower

Starts from the last sale price (AED 1.3M, 8 December 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 →