207, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in June 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Royal Oceanic Tower
What is 207 worth today?
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Source: Dubai Land Department. Updated 8 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 2nd of 31
- Parking
- B2-07
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 500K · June 2012
- Building
- Royal Oceanic Tower
About 207, Royal Oceanic Tower
207 is a studio of 514 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 19 June 2012 for AED 500,000, or AED 972 per sqft, 25% above the AED 780 studios in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 8 June 2023, is AED 60,000 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 10,800 a year.
Sales and rents for 207 over time
207 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Royal Oceanic Tower, and where 207 sits
All 80 studios →207 last sold in June 2012 at AED 972 per sqft, 25% above what studios in Royal Oceanic Tower were fetching at the time (AED 780). Over the last 12 months studios sold for AED 950,000 to 1,275,000, around AED 2,014 per sqft, and rent for AED 54,838 to 80,000 a year. 207's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 565 sqft | 950,000 | 1,682 | ||
| 18 Aug 202618 August 2026 | 559 sqft | 1,275,000 | 2,279 | ||
| 24 Jul 202624 July 2026 | 514 sqft | 1,030,000 | 2,004 | ||
| 12 Mar 202612 March 2026 | 514 sqft | 1,040,000 | 2,024 |
Royal Oceanic Tower
Building224 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%
Other units on the 2nd floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 565 sqft | AED 725KAED 725,000 · Apr 2022April 2022 | 60,000 /yr | |
| 202 | Studio | 654 sqft | AED 970KAED 970,000 · Aug 2025August 2025 | 48,779 /yr | |
| 203 | 1-bed | 764 sqft | AED 1.25MAED 1,250,000 · Jul 2014July 2014 | 84,000 /yr | |
| 204 | 1-bed | 764 sqft | AED 830KAED 830,000 · Feb 2013February 2013 | 85,000 /yr | |
| 205 | Studio | 634 sqft | AED 550KAED 550,000 · Oct 2019October 2019 | 70,000 /yr | |
| 206 | Studio | 514 sqft | AED 205KAED 205,053 · Mar 2011March 2011 | 66,000 /yr | |
| 208 | Studio | 621 sqft | AED 550KAED 550,000 · Sep 2019September 2019 | 70,000 /yr | |
| 209 | 1-bed | 787 sqft | AED 650KAED 650,000 · Nov 2019November 2019 | 73,000 /yr | |
| 210 | 1-bed | 792 sqft | AED 1.3MAED 1,300,000 · Feb 2023February 2023 | 88,000 /yr | |
| 211 | Studio | 658 sqft | AED 850KAED 850,000 · Jan 2025January 2025 | 66,000 /yr | |
| 212 | Studio | 559 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 60,000 /yr |
207, Royal Oceanic Tower in numbers
- Sold 4 times: first on 12 February 2009 for AED 399,000, last on 19 June 2012 for AED 500,000 (AED 972 per sqft).
- Rented since November 2014 on 3 Ejari contracts, from AED 70,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2012 price is 12.0%, before a service charge of about AED 10,800 a year (AED 21.01 per sqft).
- Studios in Royal Oceanic Tower sold for AED 950,000–1,275,000 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 June 2023.
Questions about 207, Royal Oceanic Tower
What did unit 207 last sell for?
AED 500,000 on 19 June 2012: AED 972 per sqft for 514 sqft. The unit has 4 registered sales; the first was AED 399,000 in February 2009.
What is the rent for unit 207?
AED 60,000 a year on the contract signed on 8 June 2023. The previous contract, from January 2019, was AED 70,000; the unit has been rented since November 2014.
How big is unit 207?
514 sqft (47.8 sqm): a studio on the 2nd floor of a 31-storey tower completed in 2009.
What is unit 207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Royal Oceanic Tower sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 2,014 per sqft.
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Mortgage on 207, Royal Oceanic Tower
Starts from the last sale price (AED 500K, 19 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →