2-bed · 1,693 sqftRoyal Oceanic Tower, Dubai Marina · 20th floor · completed 2009

2006, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.72M24 August 2010
Current rentAED 115K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Royal Oceanic Tower

What is 2006 worth today?

Last sold for AED 1,718,071 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
1 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
1 Sep 2023RentedRenewal
AED 105,000/yr12 months · AED 62 per sqft
1 Sep 2022RentedRenewal
AED 105,000/yr12 months · AED 62 per sqft
1 Sep 2021RentedRenewal
AED 94,500/yr12 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 53 per sqft
27 Dec 2019RentedRenewal
AED 105,000/yr12 months · AED 62 per sqft
27 Dec 2018RentedRenewal
AED 135,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,693 sqft
Floor
20th of 31
Parking
B1-90
Developer
Global Group Holdings
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.72M · August 2010

About 2006, Royal Oceanic Tower

2006 is a two-bedroom apartment of 1,693 sqft on the 20th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 24 August 2010 for AED 1,718,071, or AED 1,014 per sqft, 11% below the AED 1,144 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 115,000 a year: a gross yield of 6.7% on the 2010 price, before the service charge of about AED 35,600 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, 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 1,718,071 (AED 1,014 per sqft)Sold, August 2010: AED 1,718,071 (AED 1,014 per sqft)

2006 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2006, 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, December 2015: AED 160,000 a yearRenewal, December 2016: AED 160,000 a yearRenewal, December 2017: AED 160,000 a yearRenewal, December 2018: AED 135,000 a yearRenewal, December 2019: AED 105,000 a yearNew contract, September 2020: AED 90,000 a yearRenewal, September 2021: AED 94,500 a yearRenewal, September 2022: AED 105,000 a yearRenewal, September 2023: AED 105,000 a yearRenewal, September 2024: AED 115,000 a yearRenewal, September 2024: 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 2006 sits

All 90 2-beds →

2006 last sold in August 2010 at AED 1,014 per sqft, 11% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,144). 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. 2006'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 20th floor

All 224 units in Royal Oceanic Tower
Value
20012-bedAED 1.63M · Aug 2010
20022-bedAED 1.7M · Dec 2016
20032-bedAED 1.8M · Nov 2023
20042-bedAED 2.12M · Apr 2026
20052-bedAED 1.1M · Oct 2011

2006, Royal Oceanic Tower in numbers

  • Sold twice: first on 15 April 2009 for AED 1,718,071, last on 24 August 2010 for AED 1,718,071 (AED 1,014 per sqft).
  • Rented since December 2015 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2020 and recovered to AED 115,000 by September 2024.
  • At AED 115,000 a year the gross yield on the 2010 price is 6.7%, 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 1 September 2024.

Questions about 2006, Royal Oceanic Tower

What did unit 2006 last sell for?

AED 1,718,071 on 24 August 2010: AED 1,014 per sqft for 1,693 sqft. The unit has 2 registered sales; the first was AED 1,718,071 in April 2009.

What is the rent for unit 2006?

AED 115,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 115,000; the unit has been rented since December 2015.

How big is unit 2006?

1,693 sqft (157.3 sqm): a two-bedroom apartment on the 20th floor of a 31-storey tower completed in 2009.

What is unit 2006 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.

Selling 2006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2006, Royal Oceanic Tower

Starts from the last sale price (AED 1.72M, 24 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,718,071
Deposit, UAE resident (20%)
AED 343,614
Deposit, non-resident (40%)
AED 687,228
Monthly over 25 years at 3.7%
AED 7,029

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