Studio · 658 sqftRoyal Oceanic Tower, Dubai Marina · 3rd floor · completed 2009

311, Royal Oceanic Tower

Sold prices and rental history: sold 6 times, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 1.2M11 December 2014
Current rentAED 55K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Royal Oceanic Tower

What is 311 worth today?

Last sold for AED 1,200,000 in 2014

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24 Jan 2026RentedRenewal
AED 54,838/yr12 months · AED 84 per sqft
24 Jan 2025RentedRenewal
AED 53,500/yr12 months · AED 81 per sqft
24 Jan 2024RentedRenewal · flagged as an outlier
AED 5,000/yr12 months · AED 8 per sqft
24 Jan 2023RentedRenewal
AED 47,000/yr12 months · AED 72 per sqft
24 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
17 Jan 2021RentedRenewal
AED 32,400/yr12 months · AED 49 per sqft
17 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 55 per sqft
3 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
Studio apartment
Size
658 sqft
Floor
3rd of 31
Parking
B2-23
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,800 /yr
Last sold
AED 1.2M · December 2014

About 311, Royal Oceanic Tower

311 is a studio of 658 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 11 December 2014 for AED 1,200,000, or AED 1,822 per sqft, 15% above the AED 1,582 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 24 January 2026, is AED 54,838 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 13,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,030,000; 2015 AED 1,000,000; 2017 AED 925,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 1,035,000Sold by developer, March 2010: AED 660,000 (AED 1,002 per sqft)Sold, March 2010: AED 660,000 (AED 1,002 per sqft)Sold, August 2010: AED 660,000 (AED 1,002 per sqft)Sold, August 2012: AED 550,000 (AED 835 per sqft)Sold, January 2013: AED 550,000 (AED 835 per sqft)Sold, December 2014: AED 1,200,000 (AED 1,822 per sqft)

311 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 311, each contractTypical studio in Royal Oceanic Tower
25K50K75K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, January 2015: AED 72,000 a yearNew contract, February 2016: AED 80,000 a yearRenewal, February 2017: AED 80,000 a yearNew contract, June 2018: AED 60,000 a yearNew contract, January 2020: AED 36,000 a yearRenewal, January 2021: AED 32,400 a yearNew contract, January 2022: AED 45,000 a yearRenewal, January 2023: AED 47,000 a yearRenewal, January 2025: AED 53,500 a yearRenewal, January 2026: AED 54,838 a year

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 311 sits

All 80 studios →

311 last sold in December 2014 at AED 1,822 per sqft, 15% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,582). 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. 311's AED 54,838 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026950,000
18 Aug 20261,275,000
24 Jul 20261,030,000
12 Mar 20261,040,000
4 studio 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
3031-bedAED 830K · Feb 2013
3041-bedAED 950K · May 2022
305StudioAED 850K · Apr 2024
306StudioAED 720K · Jan 2014
307StudioAED 424K · Aug 2010
1–7 of 11

311, Royal Oceanic Tower in numbers

  • Sold 6 times: first on 10 March 2010 for AED 660,000, last on 11 December 2014 for AED 1,200,000 (AED 1,822 per sqft).
  • Rented since January 2015 on 11 Ejari contracts. The rent fell from AED 72,000 to AED 5,000 in 2024 and recovered to AED 54,838 by January 2026.
  • At AED 54,838 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 13,800 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 24 January 2026.

Questions about 311, Royal Oceanic Tower

What did unit 311 last sell for?

AED 1,200,000 on 11 December 2014: AED 1,822 per sqft for 658 sqft. The unit has 6 registered sales; the first was AED 660,000 in March 2010.

What is the rent for unit 311?

AED 54,838 a year on the contract renewed on 24 January 2026. The previous contract, from January 2025, was AED 53,500; the unit has been rented since January 2015.

How big is unit 311?

658 sqft (61.1 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.

What is unit 311 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 311, Royal Oceanic Tower

Starts from the last sale price (AED 1.2M, 11 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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