2304, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Royal Oceanic Tower
What is 2304 worth today?
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Source: Dubai Land Department. Updated 5 October 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 23rd of 31
- Parking
- B1-106
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 1M · October 2020
- Building
- Royal Oceanic Tower
About 2304, Royal Oceanic Tower
2304 is a two-bedroom apartment of 1,310 sqft on the 23rd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 5 October 2020 for AED 1,000,000, or AED 763 per sqft, 18% below the AED 935 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 10 December 2019, is AED 133,336 a year: a gross yield of 13.3% on the 2020 price, before the service charge of about AED 27,500 a year.
Sales and rents for 2304 over time
2304 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2304 sits
All 90 2-beds →2304 last sold in October 2020 at AED 763 per sqft, 18% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 935). 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. 2304's AED 133,336 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,710 sqft | 2,750,000 | 1,608 | ||
| 9 Sep 20269 September 2026 | 1,693 sqft | 2,270,000 | 1,340 | ||
| 7 Sep 20267 September 2026 | 1,203 sqft | 2,300,000 | 1,911 | ||
| 6 Aug 20266 August 2026 | 1,339 sqft | 29,467 | 22 |
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 23rd floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,610 sqft | AED 3MAED 3,000,000 · Jun 2025June 2025 | 152,250 /yr | |
| 2302 | 2-bed | 1,253 sqft | AED 950KAED 950,000 · Dec 2021December 2021 | 125,000 /yr | |
| 2303 | 2-bed | 1,339 sqft | AED 2.27MAED 2,270,000 · Jul 2024July 2024 | 150,000 /yr | |
| 2305 | 2-bed | 1,203 sqft | AED 2.2MAED 2,200,000 · Jul 2026July 2026 | 100,000 /yr | |
| 2306 | 2-bed | 1,693 sqft | AED 2.42MAED 2,420,000 · Jan 2022January 2022 | 180,000 /yr |
2304, Royal Oceanic Tower in numbers
- Sold 3 times: first on 16 April 2009 for AED 1,513,055, last on 5 October 2020 for AED 1,000,000 (AED 763 per sqft).
- Rented since April 2016 on 4 Ejari contracts. The rent fell from AED 129,640 to AED 100,000 in 2018 and recovered to AED 133,336 by December 2019.
- At AED 133,336 a year the gross yield on the 2020 price is 13.3%, before a service charge of about AED 27,500 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 5 October 2020.
Questions about 2304, Royal Oceanic Tower
What did unit 2304 last sell for?
AED 1,000,000 on 5 October 2020: AED 763 per sqft for 1,310 sqft. The unit has 3 registered sales; the first was AED 1,513,055 in April 2009.
What is the rent for unit 2304?
AED 133,336 a year on the contract renewed on 10 December 2019. The previous contract, from December 2018, was AED 100,000; the unit has been rented since April 2016.
How big is unit 2304?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 23rd floor of a 31-storey tower completed in 2009.
What is unit 2304 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 2304, Royal Oceanic Tower
Starts from the last sale price (AED 1M, 5 October 2020). 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 →