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2-bed · 1,253 sqftRoyal Oceanic Tower, Dubai Marina · 22nd floor · completed 2009

2202, Royal Oceanic Tower

Sold prices and rental history: sold 4 times, last in February 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 27 February 2012
Last soldAED 1M27 February 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2202, Royal Oceanic Tower

What is 2202 worth today?

Last sold for AED 1,000,000 in 2012

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27 Feb 2012SoldReady
AED 1,000,000AED 798 per sqft
24 Aug 2010SoldReady
AED 1,600,000AED 1,277 per sqft
12 Nov 2009Sold by developerOff-plan
AED 1,600,000AED 1,277 per sqft
12 Nov 2009SoldOff-plan
AED 1,600,000AED 1,277 per sqft

Source: Dubai Land Department. Updated 27 February 2012.

Key facts

Type
2-bed apartment
Size
1,253 sqft
Floor
22nd of 31
Parking
B1-98
Developer
Global Group Holdings
Completed
2009
Service charge
AED 26,300 /yr
Last sold
AED 1M · February 2012
Building
Royal Oceanic Tower

About 2202, Royal Oceanic Tower

2202 is a two-bedroom apartment of 1,253 sqft on the 22nd 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 2012 for AED 1,000,000, or AED 798 per sqft, 8% below the AED 870 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, November 2009: AED 1,600,000 (AED 1,277 per sqft)Sold, November 2009: AED 1,600,000 (AED 1,277 per sqft)Sold, August 2010: AED 1,600,000 (AED 1,277 per sqft)Sold, February 2012: AED 1,000,000 (AED 798 per sqft)

2202 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2202, each contractTypical two-bed in Royal Oceanic Tower
100K125K2012201620202024Typical 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 135,000

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 2202 sits

All 90 2-beds →

2202 last sold in February 2012 at AED 798 per sqft, 8% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 870). 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.

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 22nd floor

All 224 units in Royal Oceanic Tower
Value
22012-bedAED 3.03M · Mar 2014
22032-bedAED 1.73M · May 2013
22042-bedAED 1.53M · Jul 2023
22052-bedAED 2.3M · Sep 2026
22062-bedAED 2.95M · Apr 2014

2202, Royal Oceanic Tower in numbers

  • Sold 4 times: first on 12 November 2009 for AED 1,600,000, last on 27 February 2012 for AED 1,000,000 (AED 798 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 27 February 2012.

Questions about 2202, Royal Oceanic Tower

What did unit 2202 last sell for?

AED 1,000,000 on 27 February 2012: AED 798 per sqft for 1,253 sqft. The unit has 4 registered sales; the first was AED 1,600,000 in November 2009.

How big is unit 2202?

1,253 sqft (116.4 sqm): a two-bedroom apartment on the 22nd floor of a 31-storey tower completed in 2009.

What is unit 2202 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 2202, Royal Oceanic Tower

Starts from the last sale price (AED 1M, 27 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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