301, Royal Oceanic Tower
Sold prices and rental history: sold 5 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Royal Oceanic Tower
What is 301 worth today?
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Source: Dubai Land Department. Updated 13 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 565 sqft
- Floor
- 3rd of 31
- Parking
- B2-13
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 11,900 /yr
- Last sold
- AED 780K · December 2022
- Building
- Royal Oceanic Tower
About 301, Royal Oceanic Tower
301 is a studio of 565 sqft on the 3rd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 27 December 2022 for AED 780,000, or AED 1,381 per sqft, 12% above the AED 1,230 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 13 September 2024, is AED 70,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 301 over time
301 has sold 5 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Royal Oceanic Tower, and where 301 sits
All 80 studios →301 last sold in December 2022 at AED 1,381 per sqft, 12% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,230). Over the last 12 months studios sold for AED 950,000 to 1,275,000, around AED 2,014 per sqft, and rent for AED 54,838 to 80,000 a year. 301's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 565 sqft | 950,000 | 1,682 | ||
| 18 Aug 202618 August 2026 | 559 sqft | 1,275,000 | 2,279 | ||
| 24 Jul 202624 July 2026 | 514 sqft | 1,030,000 | 2,004 | ||
| 12 Mar 202612 March 2026 | 514 sqft | 1,040,000 | 2,024 |
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 3rd floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | Studio | 654 sqft | AED 950KAED 950,000 · Feb 2025February 2025 | 56,000 /yr | |
| 303 | 1-bed | 764 sqft | AED 830KAED 830,000 · Feb 2013February 2013 | 85,000 /yr | |
| 304 | 1-bed | 764 sqft | AED 950KAED 950,000 · May 2022May 2022 | 75,000 /yr | |
| 305 | Studio | 634 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 52,000 /yr | |
| 306 | Studio | 514 sqft | AED 720KAED 720,000 · Jan 2014January 2014 | 70,000 /yr | |
| 307 | Studio | 514 sqft | AED 424KAED 423,692 · Aug 2010August 2010 | 62,700 /yr | |
| 308 | Studio | 621 sqft | AED 620KAED 620,000 · Mar 2013March 2013 | 56,000 /yr | |
| 309 | 1-bed | 787 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 75,000 /yr | |
| 310 | 1-bed | 792 sqft | AED 670KAED 670,000 · Apr 2021April 2021 | 70,000 /yr | |
| 311 | Studio | 658 sqft | AED 1.2MAED 1,200,000 · Dec 2014December 2014 | 54,838 /yr | |
| 312 | Studio | 559 sqft | AED 810KAED 810,000 · Apr 2023April 2023 | 75,000 /yr |
301, Royal Oceanic Tower in numbers
- Sold 5 times: first on 12 February 2009 for AED 483,360, last on 27 December 2022 for AED 780,000 (AED 1,381 per sqft).
- Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 38,000 in 2020 and recovered to AED 70,000 by September 2024.
- At AED 70,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 11,900 a year (AED 21.01 per sqft).
- Studios in Royal Oceanic Tower sold for AED 950,000–1,275,000 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 13 September 2024.
Questions about 301, Royal Oceanic Tower
What did unit 301 last sell for?
AED 780,000 on 27 December 2022: AED 1,381 per sqft for 565 sqft. The unit has 5 registered sales; the first was AED 483,360 in February 2009.
What is the rent for unit 301?
AED 70,000 a year on the contract signed on 13 September 2024. The previous contract, from September 2024, was AED 70,000; the unit has been rented since October 2014.
How big is unit 301?
565 sqft (52.5 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Royal Oceanic Tower sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 2,014 per sqft.
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Mortgage on 301, Royal Oceanic Tower
Starts from the last sale price (AED 780K, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →