1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 3rd floor · completed 2009

303, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 830K4 February 2013
Current rentAED 85K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Royal Oceanic Tower

What is 303 worth today?

Last sold for AED 830,000 in 2013

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23 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
23 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
24 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
10 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
29 May 2018RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
14 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
3 Mar 2014RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
21 Feb 2013RentedNew contract
AED 67,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
3rd of 31
Parking
B2-15
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 830K · February 2013

About 303, Royal Oceanic Tower

303 is a one-bedroom apartment of 764 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 4 February 2013 for AED 830,000, or AED 1,086 per sqft, in line with the AED 1,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 December 2024, is AED 85,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 16,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Royal Oceanic Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 910,043; 2010 AED 789,640; 2011 AED 395,843; 2012 AED 830,000; 2013 AED 862,500; 2014 AED 1,460,000; 2015 AED 1,000,000; 2017 AED 1,142,500; 2019 AED 700,000; 2022 AED 1,025,000; 2023 AED 1,150,000; 2024 AED 1,000,000; 2025 AED 1,260,000Sold by developer, February 2009: AED 638,424 (AED 835 per sqft)Sold, August 2010: AED 638,424 (AED 835 per sqft)Sold, February 2013: AED 830,000 (AED 1,086 per sqft)

303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Royal Oceanic Tower
50K75K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 78,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 89,250; 2018 AED 72,500; 2019 AED 72,800; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 65,000; 2023 AED 72,500; 2024 AED 84,000; 2025 AED 83,000; 2026 AED 84,000New contract, February 2013: AED 67,000 a yearNew contract, March 2014: AED 85,000 a yearNew contract, March 2017: AED 85,000 a yearNew contract, May 2018: AED 70,000 a yearNew contract, October 2019: AED 55,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, December 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Oceanic Tower, and where 303 sits

All 40 1-beds →

303 last sold in February 2013 at AED 1,086 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,086). Over the last 12 months one-beds sold for AED 1,055,000 to 1,210,000, around AED 1,463 per sqft, and rent for AED 55,000 to 140,000 a year. 303's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,210,000
19 Sep 20261,055,000
20 Aug 20251,340,000
19 Aug 20251,300,000
2 1-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 3rd floor

All 224 units in Royal Oceanic Tower
Value
301StudioAED 780K · Dec 2022
302StudioAED 950K · Feb 2025
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

303, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 638,424, last on 4 February 2013 for AED 830,000 (AED 1,086 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 67,000 to AED 40,000 in 2020 and recovered to AED 85,000 by December 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 10.2%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
  • One-beds in Royal Oceanic Tower sold for AED 1,055,000–1,210,000 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 23 December 2024.

Questions about 303, Royal Oceanic Tower

What did unit 303 last sell for?

AED 830,000 on 4 February 2013: AED 1,086 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 638,424 in February 2009.

What is the rent for unit 303?

AED 85,000 a year on the contract signed on 23 December 2024. The previous contract, from December 2021, was AED 55,000; the unit has been rented since February 2013.

How big is unit 303?

764 sqft (71.0 sqm): a one-bedroom apartment on the 3rd floor of a 31-storey tower completed in 2009.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Oceanic Tower sold for AED 1,055,000 to 1,210,000 in the last 12 months, around AED 1,463 per sqft.

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Mortgage on 303, Royal Oceanic Tower

Starts from the last sale price (AED 830K, 4 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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