2406, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in February 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Royal Oceanic Tower
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Source: Dubai Land Department. Updated 30 November 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,693 sqft
- Floor
- 24th of 31
- Parking
- F1-03
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 35,600 /yr
- Last sold
- AED 2.8M · February 2017
- Building
- Royal Oceanic Tower
About 2406, Royal Oceanic Tower
2406 is a two-bedroom apartment of 1,693 sqft on the 24th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 19 February 2017 for AED 2,800,000, or AED 1,653 per sqft, 5% above the AED 1,575 two-beds in the building were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 30 November 2017, is AED 108,230 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 35,600 a year.
Sales and rents for 2406 over time
2406 has sold 4 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 2406 sits
All 90 2-beds →2406 last sold in February 2017 at AED 1,653 per sqft, 5% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,575). 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. 2406's AED 108,230 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 24th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,610 sqft | AED 2.5MAED 2,500,000 · Jul 2016July 2016 | 145,000 /yr | |
| 2402 | 2-bed | 1,253 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | 95,000 /yr | |
| 2403 | 2-bed | 1,339 sqft | AED 2.3MAED 2,300,000 · Nov 2013November 2013 | 135,708 /yr | |
| 2404 | 2-bed | 1,310 sqft | AED 1.52MAED 1,516,275 · Aug 2010August 2010 | 120,000 /yr | |
| 2405 | 2-bed | 602 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 150,000 /yr |
2406, Royal Oceanic Tower in numbers
- Sold 4 times: first on 26 March 2009 for AED 1,857,675, last on 19 February 2017 for AED 2,800,000 (AED 1,653 per sqft).
- Rented since April 2012 on 2 Ejari contracts, from AED 125,000 to AED 108,230 a year.
- At AED 108,230 a year the gross yield on the 2017 price is 3.9%, before a service charge of about AED 35,600 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 30 November 2017.
Questions about 2406, Royal Oceanic Tower
What did unit 2406 last sell for?
AED 2,800,000 on 19 February 2017: AED 1,653 per sqft for 1,693 sqft. The unit has 4 registered sales; the first was AED 1,857,675 in March 2009.
What is the rent for unit 2406?
AED 108,230 a year on the contract signed on 30 November 2017. The previous contract, from April 2012, was AED 125,000.
How big is unit 2406?
1,693 sqft (157.3 sqm): a two-bedroom apartment on the 24th floor of a 31-storey tower completed in 2009.
What is unit 2406 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 2406, Royal Oceanic Tower
Starts from the last sale price (AED 2.8M, 19 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →