2903, Royal Oceanic Tower
Sold prices and rental history: sold once, by the developer in April 2012, and rented once, from December 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, Royal Oceanic Tower
What is 2903 worth today?
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Source: Dubai Land Department. Updated 8 December 2014.
Key facts
- Type
- 4-bed apartment
- Size
- 2,922 sqft
- Floor
- 29th of 31
- Parking
- F1-29,32
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 61,400 /yr
- Last sold
- AED 3.67M · April 2012
- Building
- Royal Oceanic Tower
About 2903, Royal Oceanic Tower
2903 is a four-bedroom apartment of 2,922 sqft on the 29th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. The developer sold it on 11 April 2012 for AED 3,671,250, or AED 1,256 per sqft.
One Ejari contract is registered, from 8 December 2014. The current contract, signed on 8 December 2014, is AED 200,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 61,400 a year.
Sales and rents for 2903 over time
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Royal Oceanic Tower, and where 2903 sits
All 4 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202317 January 2023 | 2,920 sqft | 4,200,000 | 1,438 | ||
| 15 Nov 202215 November 2022 | 2,922 sqft | 4,500,000 | 1,540 | ||
| 10 Jun 202210 June 2022 | 2,920 sqft | 3,200,000 | 1,095 | ||
| 9 Sep 20209 September 2020 | 2,920 sqft | 2,400,000 | 821 |
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 29th floor
All 224 units in Royal Oceanic Tower2903, Royal Oceanic Tower in numbers
- Sold once: by Global Group Holdings on 11 April 2012 for AED 3,671,250, or AED 1,256 per sqft.
- Rented since December 2014 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 61,400 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 8 December 2014.
Questions about 2903, Royal Oceanic Tower
What did unit 2903 last sell for?
AED 3,671,250 on 11 April 2012, sold by the developer: AED 1,256 per sqft for 2,922 sqft. It is the only registered sale of the unit.
What is the rent for unit 2903?
AED 200,000 a year on the contract signed on 8 December 2014.
How big is unit 2903?
2,922 sqft (271.5 sqm): a four-bedroom apartment on the 29th floor of a 31-storey tower completed in 2009.
What is unit 2903 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2903, Royal Oceanic Tower
Starts from the last sale price (AED 3.67M, 11 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,671,250
- Deposit, UAE resident (20%)
- AED 734,250
- Deposit, non-resident (40%)
- AED 1,468,500
- Monthly over 25 years at 3.7%
- AED 15,020
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →