306, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Royal Oceanic Tower
What is 306 worth today?
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Source: Dubai Land Department. Updated 11 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 3rd of 31
- Parking
- B2-62
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 720K · January 2014
- Building
- Royal Oceanic Tower
About 306, Royal Oceanic Tower
306 is a studio of 514 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 January 2014 for AED 720,000, or AED 1,401 per sqft, 22% above the AED 1,146 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 11 March 2026, is AED 70,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 10,800 a year.
Sales and rents for 306 over time
306 has sold twice; 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 306 sits
All 80 studios →306 last sold in January 2014 at AED 1,401 per sqft, 22% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,146). 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. 306'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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 305 | Studio | 634 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 52,000 /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 |
306, Royal Oceanic Tower in numbers
- Sold twice: first on 26 December 2012 for AED 711,100, last on 28 January 2014 for AED 720,000 (AED 1,401 per sqft).
- Rented since September 2016 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 70,000 by March 2026.
- At AED 70,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 10,800 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 11 March 2026.
Questions about 306, Royal Oceanic Tower
What did unit 306 last sell for?
AED 720,000 on 28 January 2014: AED 1,401 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 711,100 in December 2012.
What is the rent for unit 306?
AED 70,000 a year on the contract renewed on 11 March 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since September 2016.
How big is unit 306?
514 sqft (47.8 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 306 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 306, Royal Oceanic Tower
Starts from the last sale price (AED 720K, 28 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →