1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 2nd floor · completed 2009

203, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.25M14 July 2014
Current rentAED 84K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Royal Oceanic Tower

What is 203 worth today?

Last sold for AED 1,250,000 in 2014

Unlock today's estimate, updated daily, with

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

21 Oct 2024RentedNew contract
AED 84,000/yr12 months · AED 110 per sqft
8 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
7 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 118 per sqft
7 Jan 2017RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
7 May 2015RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft
31 Oct 2014RentedNew contract
AED 66,261/yr6 months · AED 87 per sqft
14 Jul 2014SoldReady
AED 1,250,000AED 1,636 per sqft
31 Oct 2013RentedNew contract
AED 68,250/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
2nd of 31
Parking
B2-03
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 1.25M · July 2014

About 203, Royal Oceanic Tower

203 is a one-bedroom apartment of 764 sqft on the 2nd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 14 July 2014 for AED 1,250,000, or AED 1,636 per sqft, in line with the AED 1,669 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 October 2024, is AED 84,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 16,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Royal Oceanic Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 910,043; 2010 AED 789,640; 2011 AED 395,843; 2012 AED 830,000; 2013 AED 862,500; 2014 AED 1,460,000; 2015 AED 1,000,000; 2017 AED 1,142,500; 2019 AED 700,000; 2022 AED 1,025,000; 2023 AED 1,150,000; 2024 AED 1,000,000; 2025 AED 1,260,000Sold, August 2010: AED 599,000 (AED 784 per sqft)Sold by developer, August 2010: AED 599,000 (AED 784 per sqft)Sold, July 2014: AED 1,250,000 (AED 1,636 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Royal Oceanic Tower
50K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 78,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 89,250; 2018 AED 72,500; 2019 AED 72,800; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 65,000; 2023 AED 72,500; 2024 AED 84,000; 2025 AED 83,000; 2026 AED 84,000New contract, October 2013: AED 68,250 a yearNew contract, October 2014: AED 66,261 a yearNew contract, May 2015: AED 105,000 a yearNew contract, January 2017: AED 90,000 a yearRenewal, January 2018: AED 90,000 a yearNew contract, September 2022: AED 80,000 a yearNew contract, October 2024: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Oceanic Tower, and where 203 sits

All 40 1-beds →

203 last sold in July 2014 at AED 1,636 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,669). Over the last 12 months one-beds sold for AED 1,055,000 to 1,210,000, around AED 1,463 per sqft, and rent for AED 55,000 to 140,000 a year. 203's AED 84,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,210,000
19 Sep 20261,055,000
20 Aug 20251,340,000
19 Aug 20251,300,000
2 1-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 2nd floor

All 224 units in Royal Oceanic Tower
Value
201StudioAED 725K · Apr 2022
202StudioAED 970K · Aug 2025
2041-bedAED 830K · Feb 2013
205StudioAED 550K · Oct 2019
206StudioAED 205K · Mar 2011
207StudioAED 500K · Jun 2012
208StudioAED 550K · Sep 2019
1–7 of 11

203, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 4 August 2010 for AED 599,000, last on 14 July 2014 for AED 1,250,000 (AED 1,636 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 68,250 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
  • One-beds in Royal Oceanic Tower sold for AED 1,055,000–1,210,000 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 21 October 2024.

Questions about 203, Royal Oceanic Tower

What did unit 203 last sell for?

AED 1,250,000 on 14 July 2014: AED 1,636 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 599,000 in August 2010.

What is the rent for unit 203?

AED 84,000 a year on the contract signed on 21 October 2024. The previous contract, from September 2022, was AED 80,000; the unit has been rented since October 2013.

How big is unit 203?

764 sqft (71.0 sqm): a one-bedroom apartment on the 2nd floor of a 31-storey tower completed in 2009.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Oceanic Tower sold for AED 1,055,000 to 1,210,000 in the last 12 months, around AED 1,463 per sqft.

Selling 203? 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 203, Royal Oceanic Tower

Starts from the last sale price (AED 1.25M, 14 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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