2504, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, Royal Oceanic Tower
What is 2504 worth today?
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Source: Dubai Land Department. Updated 7 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 25th of 31
- Parking
- F1-06
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 2M · March 2024
- Building
- Royal Oceanic Tower
About 2504, Royal Oceanic Tower
2504 is a two-bedroom apartment of 1,310 sqft on the 25th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 7 March 2024 for AED 2,000,000, or AED 1,527 per sqft, 10% above the AED 1,388 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 30 October 2022, is AED 88,550 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 27,500 a year.
Sales and rents for 2504 over time
2504 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 2504 sits
All 90 2-beds →2504 last sold in March 2024 at AED 1,527 per sqft, 10% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,388). 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. 2504's AED 88,550 is at the bottom 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 25th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,610 sqft | AED 2.8MAED 2,800,240 · Aug 2010August 2010 | ||
| 2502 | 2-bed | 1,253 sqft | AED 2.15MAED 2,150,000 · May 2014May 2014 | 150,000 /yr | |
| 2503 | 2-bed | 1,339 sqft | AED 1.8MAED 1,800,000 · Aug 2017August 2017 | 130,000 /yr | |
| 2505 | 2-bed | 1,203 sqft | AED 1.31MAED 1,308,000 · Feb 2012February 2012 | 185,000 /yr | |
| 2506 | 2-bed | 1,693 sqft | AED 3MAED 3,000,000 · Oct 2014October 2014 | 144,000 /yr |
2504, Royal Oceanic Tower in numbers
- Sold 4 times: first on 16 April 2009 for AED 1,889,459, last on 7 March 2024 for AED 2,000,000 (AED 1,527 per sqft).
- Rented since February 2012 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2020 and recovered to AED 88,550 by October 2022.
- At AED 88,550 a year the gross yield on the 2024 price is 4.4%, 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 7 March 2024.
Questions about 2504, Royal Oceanic Tower
What did unit 2504 last sell for?
AED 2,000,000 on 7 March 2024: AED 1,527 per sqft for 1,310 sqft. The unit has 4 registered sales; the first was AED 1,889,459 in April 2009.
What is the rent for unit 2504?
AED 88,550 a year on the contract renewed on 30 October 2022. The previous contract, from October 2021, was AED 80,500; the unit has been rented since February 2012.
How big is unit 2504?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 25th floor of a 31-storey tower completed in 2009.
What is unit 2504 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 2504, Royal Oceanic Tower
Starts from the last sale price (AED 2M, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →