2704, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in July 2013, 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 2704, Royal Oceanic Tower
What is 2704 worth today?
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Source: Dubai Land Department. Updated 5 January 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,507 sqft
- Floor
- 27th of 31
- Parking
- F1-16
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 52,700 /yr
- Last sold
- AED 3.6M · July 2013
- Building
- Royal Oceanic Tower
About 2704, Royal Oceanic Tower
2704 is a three-bedroom apartment of 2,507 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 July 2013 for AED 3,600,000, or AED 1,436 per sqft, in line with the AED 1,412 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 5 January 2020, is AED 145,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 52,700 a year.
Sales and rents for 2704 over time
2704 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 2704 sits
All 8 3-beds →2704 last sold in July 2013 at AED 1,436 per sqft, in line with what three-beds in Royal Oceanic Tower were fetching at the time (AED 1,412). 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 Tower2704, Royal Oceanic Tower in numbers
- Sold 3 times: first on 21 January 2010 for AED 3,380,400, last on 16 July 2013 for AED 3,600,000 (AED 1,436 per sqft).
- Rented since December 2012 on 7 Ejari contracts, from AED 205,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 52,700 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 5 January 2020.
Questions about 2704, Royal Oceanic Tower
What did unit 2704 last sell for?
AED 3,600,000 on 16 July 2013: AED 1,436 per sqft for 2,507 sqft. The unit has 3 registered sales; the first was AED 3,380,400 in January 2010.
What is the rent for unit 2704?
AED 145,000 a year on the contract renewed on 5 January 2020. The previous contract, from January 2019, was AED 145,000; the unit has been rented since December 2012.
How big is unit 2704?
2,507 sqft (232.9 sqm): a three-bedroom apartment on the 27th floor of a 31-storey tower completed in 2009.
What is unit 2704 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 2704, Royal Oceanic Tower
Starts from the last sale price (AED 3.6M, 16 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →