Studio · 654 sqftRoyal Oceanic Tower, Dubai Marina · 3rd floor · completed 2009

302, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 950K28 February 2025
Current rentAED 56K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Royal Oceanic Tower

What is 302 worth today?

Last sold for AED 950,000 in 2025

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1 Sep 2026RentedNew contract
AED 56,000/yr12 months · AED 86 per sqft
1 Jul 2025RentedRenewal
AED 60,000/yr12 months · AED 92 per sqft
28 Feb 2025SoldReady
AED 950,000AED 1,452 per sqft
1 Jul 2024RentedNew contract
AED 57,960/yr12 months · AED 89 per sqft
1 Jul 2019RentedNew contract
AED 55,200/yr12 months · AED 84 per sqft
13 Dec 2018SoldReady
AED 800,000AED 1,223 per sqft
27 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
1 Jul 2017RentedRenewal
AED 75,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
654 sqft
Floor
3rd of 31
Parking
B2-14
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,700 /yr
Last sold
AED 950K · February 2025

About 302, Royal Oceanic Tower

302 is a studio of 654 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 28 February 2025 for AED 950,000, or AED 1,452 per sqft, 8% above the AED 1,340 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 56,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 13,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,030,000; 2015 AED 1,000,000; 2017 AED 925,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 1,035,000Sold by developer, May 2009: AED 993,538 (AED 1,519 per sqft)Sold, August 2010: AED 993,538 (AED 1,519 per sqft)Sold, May 2014: AED 1,030,000 (AED 1,575 per sqft)Sold, December 2018: AED 800,000 (AED 1,223 per sqft)Sold, February 2025: AED 950,000 (AED 1,452 per sqft)

302 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, July 2016: AED 75,000 a yearRenewal, July 2017: AED 75,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, July 2019: AED 55,200 a yearNew contract, July 2024: AED 57,960 a yearRenewal, July 2025: AED 60,000 a yearNew contract, September 2026: AED 56,000 a year

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 302 sits

All 80 studios →

302 last sold in February 2025 at AED 1,452 per sqft, 8% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,340). 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. 302's AED 56,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026950,000
18 Aug 20261,275,000
24 Jul 20261,030,000
12 Mar 20261,040,000
4 studio 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 3rd floor

All 224 units in Royal Oceanic Tower
Value
301StudioAED 780K · Dec 2022
3031-bedAED 830K · Feb 2013
3041-bedAED 950K · May 2022
305StudioAED 850K · Apr 2024
306StudioAED 720K · Jan 2014
307StudioAED 424K · Aug 2010
308StudioAED 620K · Mar 2013
1–7 of 11

302, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 5 May 2009 for AED 993,538, last on 28 February 2025 for AED 950,000 (AED 1,452 per sqft).
  • Rented since July 2016 on 7 Ejari contracts, from AED 75,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 13,700 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 1 September 2026.

Questions about 302, Royal Oceanic Tower

What did unit 302 last sell for?

AED 950,000 on 28 February 2025: AED 1,452 per sqft for 654 sqft. The unit has 5 registered sales; the first was AED 993,538 in May 2009.

What is the rent for unit 302?

AED 56,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since July 2016.

How big is unit 302?

654 sqft (60.8 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.

What is unit 302 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 302, Royal Oceanic Tower

Starts from the last sale price (AED 950K, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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