2701, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in April 2014, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, Royal Oceanic Tower
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Source: Dubai Land Department. Updated 1 September 2017.
Key facts
- Type
- 3-bed apartment
- Size
- 2,477 sqft
- Floor
- 27th of 31
- Parking
- F1-13
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 52,000 /yr
- Last sold
- AED 3.7M · April 2014
- Building
- Royal Oceanic Tower
About 2701, Royal Oceanic Tower
2701 is a three-bedroom apartment of 2,477 sqft on the 27th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 16 April 2014 for AED 3,700,000, or AED 1,493 per sqft, in line with the AED 1,465 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2017. The current contract, signed on 1 September 2017, is AED 315,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 52,000 a year.
Sales and rents for 2701 over time
2701 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Royal Oceanic Tower, and where 2701 sits
All 8 3-beds →2701 last sold in April 2014 at AED 1,493 per sqft, in line with what three-beds in Royal Oceanic Tower were fetching at the time (AED 1,465). Over the last 12 months three-beds sold for AED 4,800,000, around AED 1,937 per sqft, and rent for AED 220,000 to 300,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 2,477 sqft | 4,800,000 | 1,937 | ||
| 3 Oct 20243 October 2024 | 2,477 sqft | 3,550,000 | 1,432 | ||
| 11 Dec 202311 December 2023 | 2,713 sqft | 3,500,000 | 1,290 | ||
| 31 Jul 202331 July 2023 | 2,477 sqft | 3,600,000 | 1,453 |
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 27th floor
All 224 units in Royal Oceanic Tower2701, Royal Oceanic Tower in numbers
- Sold 3 times: first on 12 February 2009 for AED 3,194,278, last on 16 April 2014 for AED 3,700,000 (AED 1,493 per sqft).
- Rented since September 2017 on one Ejari contract, at AED 315,000 a year.
- At AED 315,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 52,000 a year (AED 21.01 per sqft).
- Three-beds in Royal Oceanic Tower sold for AED 4,800,000–4,800,000 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 1 September 2017.
Questions about 2701, Royal Oceanic Tower
What did unit 2701 last sell for?
AED 3,700,000 on 16 April 2014: AED 1,493 per sqft for 2,477 sqft. The unit has 3 registered sales; the first was AED 3,194,278 in February 2009.
What is the rent for unit 2701?
AED 315,000 a year on the contract signed on 1 September 2017.
How big is unit 2701?
2,477 sqft (230.1 sqm): a three-bedroom apartment on the 27th floor of a 31-storey tower completed in 2009.
What is unit 2701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Royal Oceanic Tower sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 1,937 per sqft.
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Mortgage on 2701, Royal Oceanic Tower
Starts from the last sale price (AED 3.7M, 16 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →