308, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Royal Oceanic Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 621 sqft
- Floor
- 3rd of 31
- Parking
- B2-20
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,100 /yr
- Last sold
- AED 620K · March 2013
- Building
- Royal Oceanic Tower
About 308, Royal Oceanic Tower
308 is a studio of 621 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 10 March 2013 for AED 620,000, or AED 997 per sqft, in line with the AED 1,012 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 August 2026, is AED 56,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 13,100 a year.
Sales and rents for 308 over time
308 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 308 sits
All 80 studios →308 last sold in March 2013 at AED 997 per sqft, in line with what studios in Royal Oceanic Tower were fetching at the time (AED 1,012). 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. 308's AED 56,000 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 | |
| 307 | Studio | 514 sqft | AED 424KAED 423,692 · Aug 2010August 2010 | 62,700 /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 |
308, Royal Oceanic Tower in numbers
- Sold twice: first on 31 March 2011 for AED 239,333, last on 10 March 2013 for AED 620,000 (AED 997 per sqft).
- Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 36,200 in 2021 and recovered to AED 56,000 by August 2026.
- At AED 56,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 13,100 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 August 2026.
Questions about 308, Royal Oceanic Tower
What did unit 308 last sell for?
AED 620,000 on 10 March 2013: AED 997 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 239,333 in March 2011.
What is the rent for unit 308?
AED 56,000 a year on the contract signed on 5 August 2026. The previous contract, from October 2025, was AED 57,000; the unit has been rented since October 2013.
How big is unit 308?
621 sqft (57.7 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 308 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 308, Royal Oceanic Tower
Starts from the last sale price (AED 620K, 10 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →