401, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in November 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Royal Oceanic Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 8 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 565 sqft
- Floor
- 4th of 31
- Parking
- B2-25
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 11,900 /yr
- Last sold
- AED 850K · November 2022
- Building
- Royal Oceanic Tower
About 401, Royal Oceanic Tower
401 is a studio of 565 sqft on the 4th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 8 November 2022 for AED 850,000, or AED 1,505 per sqft, 22% above the AED 1,230 studios in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 19 January 2021, is AED 46,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 401 over time
401 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 401 sits
All 80 studios →401 last sold in November 2022 at AED 1,505 per sqft, 22% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,230). 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. 401's AED 46,000 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 4th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 654 sqft | AED 735KAED 735,000 · Apr 2013April 2013 | 65,000 /yr | |
| 403 | 1-bed | 764 sqft | AED 1.03MAED 1,025,000 · Nov 2023November 2023 | 85,000 /yr | |
| 404 | 1-bed | 764 sqft | AED 673KAED 672,933 · Aug 2010August 2010 | 55,200 /yr | |
| 405 | Studio | 634 sqft | AED 519KAED 518,648 · Aug 2010August 2010 | 67,000 /yr | |
| 406 | Studio | 514 sqft | AED 840KAED 840,000 · Feb 2023February 2023 | 87,600 /yr | |
| 407 | Studio | 514 sqft | AED 437KAED 437,359 · Aug 2010August 2010 | 63,000 /yr | |
| 408 | Studio | 621 sqft | AED 625KAED 625,000 · Jan 2013January 2013 | 63,000 /yr | |
| 409 | 1-bed | 787 sqft | AED 1.16MAED 1,155,000 · Jun 2025June 2025 | 41,000 /yr | |
| 410 | 1-bed | 792 sqft | AED 1.17MAED 1,170,000 · Jan 2025January 2025 | 76,000 /yr | |
| 411 | Studio | 658 sqft | AED 1MAED 1,000,000 · Dec 2013December 2013 | 55,850 /yr | |
| 412 | Studio | 559 sqft | AED 600KAED 600,000 · Aug 2010August 2010 | 52,000 /yr |
401, Royal Oceanic Tower in numbers
- Sold 4 times: first on 12 February 2009 for AED 497,745, last on 8 November 2022 for AED 850,000 (AED 1,505 per sqft).
- Rented since September 2016 on 3 Ejari contracts, from AED 75,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 11,900 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 8 November 2022.
Questions about 401, Royal Oceanic Tower
What did unit 401 last sell for?
AED 850,000 on 8 November 2022: AED 1,505 per sqft for 565 sqft. The unit has 4 registered sales; the first was AED 497,745 in February 2009.
What is the rent for unit 401?
AED 46,000 a year on the contract signed on 19 January 2021. The previous contract, from December 2017, was AED 70,000; the unit has been rented since September 2016.
How big is unit 401?
565 sqft (52.5 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.
What is unit 401 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 401, Royal Oceanic Tower
Starts from the last sale price (AED 850K, 8 November 2022). 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 →