307, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Royal Oceanic Tower
What is 307 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 3rd of 31
- Parking
- B2-19
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 424K · August 2010
- Building
- Royal Oceanic Tower
About 307, Royal Oceanic Tower
307 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 17 August 2010 for AED 423,692, or AED 824 per sqft, 23% below the AED 1,077 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 5 February 2025, is AED 62,700 a year: a gross yield of 14.8% on the 2010 price, before the service charge of about AED 10,800 a year.
Sales and rents for 307 over time
307 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 307 sits
All 80 studios →307 last sold in August 2010 at AED 824 per sqft, 23% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,077). 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. 307's AED 62,700 is in the lower 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 | |
| 306 | Studio | 514 sqft | AED 720KAED 720,000 · Jan 2014January 2014 | 70,000 /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 |
307, Royal Oceanic Tower in numbers
- Sold twice: first on 15 April 2009 for AED 423,692, last on 17 August 2010 for AED 423,692 (AED 824 per sqft).
- Rented since June 2012 on 9 Ejari contracts, from AED 45,000 to AED 62,700 a year.
- At AED 62,700 a year the gross yield on the 2010 price is 14.8%, 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 5 February 2025.
Questions about 307, Royal Oceanic Tower
What did unit 307 last sell for?
AED 423,692 on 17 August 2010: AED 824 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 423,692 in April 2009.
What is the rent for unit 307?
AED 62,700 a year on the contract renewed on 5 February 2025. The previous contract, from August 2022, was AED 46,000; the unit has been rented since June 2012.
How big is unit 307?
514 sqft (47.8 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 307 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 307, Royal Oceanic Tower
Starts from the last sale price (AED 424K, 17 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 423,692
- Deposit, UAE resident (20%)
- AED 84,738
- Deposit, non-resident (40%)
- AED 169,477
- Monthly over 25 years at 3.7%
- AED 1,733
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →