4-bed · 2,922 sqftRoyal Oceanic Tower, Dubai Marina · 30th floor · completed 2009

3003, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 4.5M15 November 2022
Current rentAED 160K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, Royal Oceanic Tower

What is 3003 worth today?

Last sold for AED 4,500,000 in 2022

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15 Nov 2022SoldReady
AED 4,500,000AED 1,540 per sqft
1 Jan 2022RentedRenewal
AED 160,000/yr12 months · AED 55 per sqft
1 Jan 2021RentedRenewal
AED 160,000/yr12 months · AED 55 per sqft
1 Jan 2020RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
1 Jan 2018RentedRenewal
AED 227,000/yr6 months · AED 78 per sqft
1 Apr 2017RentedRenewal
AED 123,500/yr12 months · AED 42 per sqft
1 Oct 2016RentedRenewal
AED 247,000/yr6 months · AED 85 per sqft
1 Apr 2016RentedRenewal
AED 247,000/yr6 months · AED 85 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
4-bed apartment
Size
2,922 sqft
Floor
30th of 31
Parking
F1-30,33
Developer
Global Group Holdings
Completed
2009
Service charge
AED 61,400 /yr
Last sold
AED 4.5M · November 2022

About 3003, Royal Oceanic Tower

3003 is a four-bedroom apartment of 2,922 sqft on the 30th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 15 November 2022 for AED 4,500,000, or AED 1,540 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 160,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 61,400 a year.

Sales and rents for 3003 over time

Rents
Unit 3003, each contractTypical four-bed in Royal Oceanic Tower
200K2012201520182021Typical rent by year: 2016 AED 247,000; 2021 AED 195,000New contract, April 2012: AED 225,000 a yearNew contract, April 2014: AED 236,000 a yearRenewal, April 2015: AED 247,000 a yearRenewal, April 2016: AED 247,000 a yearRenewal, October 2016: AED 247,000 a yearRenewal, April 2017: AED 123,500 a yearRenewal, January 2018: AED 227,000 a yearNew contract, January 2020: AED 180,000 a yearRenewal, January 2021: AED 160,000 a yearRenewal, January 2022: AED 160,000 a year

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 3003 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
17 Jan 20234,200,000
10 Jun 20223,200,000
9 Sep 20202,400,000
15 Jan 20202,400,000
0 4-bed sales in the last 12 months

Royal Oceanic Tower

Building

224 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%
Royal Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 30th floor

All 224 units in Royal Oceanic Tower
Value
30014-bedAED 4.1M · Jun 2017
30023-bedAED 3.5M · Dec 2023

3003, Royal Oceanic Tower in numbers

  • Sold twice: first on 19 April 2011 for AED 3,671,250, last on 15 November 2022 for AED 4,500,000 (AED 1,540 per sqft).
  • Rented since April 2012 on 10 Ejari contracts. The rent fell from AED 225,000 to AED 123,500 in 2017 and recovered to AED 160,000 by January 2022.
  • At AED 160,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 61,400 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 15 November 2022.

Questions about 3003, Royal Oceanic Tower

What did unit 3003 last sell for?

AED 4,500,000 on 15 November 2022: AED 1,540 per sqft for 2,922 sqft. The unit has 2 registered sales; the first was AED 3,671,250 in April 2011.

What is the rent for unit 3003?

AED 160,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 160,000; the unit has been rented since April 2012.

How big is unit 3003?

2,922 sqft (271.5 sqm): a four-bedroom apartment on the 30th floor of a 31-storey tower completed in 2009.

What is unit 3003 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 3003, Royal Oceanic Tower

Starts from the last sale price (AED 4.5M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →