305, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in April 2024, 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 305, Royal Oceanic Tower
What is 305 worth today?
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Source: Dubai Land Department. Updated 23 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 634 sqft
- Floor
- 3rd of 31
- Parking
- B2-17
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,300 /yr
- Last sold
- AED 850K · April 2024
- Building
- Royal Oceanic Tower
About 305, Royal Oceanic Tower
305 is a studio of 634 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 23 April 2024 for AED 850,000, or AED 1,340 per sqft, 12% below the AED 1,516 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 21 November 2022, is AED 52,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 13,300 a year.
Sales and rents for 305 over time
305 has sold 4 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 305 sits
All 80 studios →305 last sold in April 2024 at AED 1,340 per sqft, 12% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,516). 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. 305's AED 52,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 301 | Studio | 565 sqft | AED 780KAED 780,000 · Dec 2022December 2022 | 70,000 /yr | |
| 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 | |
| 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 |
305, Royal Oceanic Tower in numbers
- Sold 4 times: first on 8 January 2012 for AED 250,637, last on 23 April 2024 for AED 850,000 (AED 1,340 per sqft).
- Rented since September 2014 on 5 Ejari contracts, from AED 85,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 13,300 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 23 April 2024.
Questions about 305, Royal Oceanic Tower
What did unit 305 last sell for?
AED 850,000 on 23 April 2024: AED 1,340 per sqft for 634 sqft. The unit has 4 registered sales; the first was AED 250,637 in January 2012.
What is the rent for unit 305?
AED 52,000 a year on the contract renewed on 21 November 2022. The previous contract, from November 2021, was AED 52,000; the unit has been rented since September 2014.
How big is unit 305?
634 sqft (58.9 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 305 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 305, Royal Oceanic Tower
Starts from the last sale price (AED 850K, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →