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

204, Royal Oceanic Tower

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

Unit 204 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 830K27 February 2013
Current rentAED 85K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Royal Oceanic Tower

What is 204 worth today?

Last sold for AED 830,000 in 2013

Unlock today's estimate, updated daily, with

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

7 May 2024RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
11 Feb 2023RentedRenewal
AED 68,250/yr12 months · AED 89 per sqft
11 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
16 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
7 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
27 Feb 2013SoldReady
AED 830,000AED 1,086 per sqft
16 Aug 2010SoldReady
AED 620,681AED 812 per sqft
12 Feb 2009Sold by developerOff-plan
AED 620,681AED 812 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
2nd of 31
Parking
B2-04
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 830K · February 2013

About 204, Royal Oceanic Tower

204 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 27 February 2013 for AED 830,000, or AED 1,086 per sqft, in line with the AED 1,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 7 May 2024, is AED 85,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 16,000 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 by developer, February 2009: AED 620,681 (AED 812 per sqft)Sold, August 2010: AED 620,681 (AED 812 per sqft)Sold, February 2013: AED 830,000 (AED 1,086 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Royal Oceanic Tower
50K75K100K2012201620202024Typical 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, January 2014: AED 100,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, February 2022: AED 65,000 a yearRenewal, February 2023: AED 68,250 a yearNew contract, May 2024: AED 85,000 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 204 sits

All 40 1-beds →

204 last sold in February 2013 at AED 1,086 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,086). 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. 204's AED 85,000 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
2031-bedAED 1.25M · Jul 2014
205StudioAED 550K · Oct 2019
206StudioAED 205K · Mar 2011
207StudioAED 500K · Jun 2012
208StudioAED 550K · Sep 2019
1–7 of 11

204, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 620,681, last on 27 February 2013 for AED 830,000 (AED 1,086 per sqft).
  • Rented since January 2014 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2022 and recovered to AED 85,000 by May 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 10.2%, 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 7 May 2024.

Questions about 204, Royal Oceanic Tower

What did unit 204 last sell for?

AED 830,000 on 27 February 2013: AED 1,086 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 620,681 in February 2009.

What is the rent for unit 204?

AED 85,000 a year on the contract signed on 7 May 2024. The previous contract, from February 2023, was AED 68,250; the unit has been rented since January 2014.

How big is unit 204?

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

What is unit 204 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 204? 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 204, Royal Oceanic Tower

Starts from the last sale price (AED 830K, 27 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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