Studio · 654 sqftRoyal Oceanic Tower, Dubai Marina · 4th floor · completed 2009

402, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 735K7 April 2013
Current rentAED 65K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Royal Oceanic Tower

What is 402 worth today?

Last sold for AED 735,000 in 2013

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1 Dec 2025RentedRenewal
AED 65,000/yr12 months · AED 99 per sqft
1 Dec 2024RentedRenewal
AED 65,000/yr12 months · AED 99 per sqft
1 Dec 2023RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft
1 Dec 2022RentedRenewal
AED 49,613/yr12 months · AED 76 per sqft
1 Dec 2021RentedRenewal
AED 47,250/yr12 months · AED 72 per sqft
1 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
1 Dec 2019RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
1 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
654 sqft
Floor
4th of 31
Parking
B2-26
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,700 /yr
Last sold
AED 735K · April 2013

About 402, Royal Oceanic Tower

402 is a studio of 654 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 7 April 2013 for AED 735,000, or AED 1,124 per sqft, 10% above the AED 1,020 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 65,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 13,700 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, February 2009: AED 550,802 (AED 842 per sqft)Sold, August 2010: AED 550,802 (AED 842 per sqft)Sold, April 2013: AED 735,000 (AED 1,124 per sqft)

402 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 402, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical 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, April 2014: AED 66,000 a yearNew contract, April 2015: AED 67,000 a yearNew contract, December 2018: AED 45,000 a yearRenewal, December 2019: AED 45,000 a yearRenewal, December 2020: AED 45,000 a yearRenewal, December 2021: AED 47,250 a yearRenewal, December 2022: AED 49,613 a yearRenewal, December 2023: AED 60,000 a yearRenewal, December 2024: AED 65,000 a yearRenewal, December 2025: AED 65,000 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 402 sits

All 80 studios →

402 last sold in April 2013 at AED 1,124 per sqft, 10% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,020). 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. 402's AED 65,000 is in the lower half 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 4th floor

All 224 units in Royal Oceanic Tower
Value
401StudioAED 850K · Nov 2022
4031-bedAED 1.03M · Nov 2023
4041-bedAED 673K · Aug 2010
405StudioAED 519K · Aug 2010
406StudioAED 840K · Feb 2023
407StudioAED 437K · Aug 2010
408StudioAED 625K · Jan 2013
1–7 of 11

402, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 550,802, last on 7 April 2013 for AED 735,000 (AED 1,124 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 66,000 to AED 45,000 in 2020 and recovered to AED 65,000 by December 2025.
  • At AED 65,000 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 13,700 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 1 December 2025.

Questions about 402, Royal Oceanic Tower

What did unit 402 last sell for?

AED 735,000 on 7 April 2013: AED 1,124 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 550,802 in February 2009.

What is the rent for unit 402?

AED 65,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 65,000; the unit has been rented since April 2014.

How big is unit 402?

654 sqft (60.8 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.

What is unit 402 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 402, Royal Oceanic Tower

Starts from the last sale price (AED 735K, 7 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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