406, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Royal Oceanic Tower
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 4th of 31
- Parking
- B2-31
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 840K · February 2023
- Building
- Royal Oceanic Tower
About 406, Royal Oceanic Tower
406 is a studio of 514 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 21 February 2023 for AED 840,000, or AED 1,634 per sqft, 30% above the AED 1,257 studios in the building were fetching at the time.
It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, signed on 8 October 2025, is AED 87,600 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 10,800 a year.
Sales and rents for 406 over time
406 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 406 sits
All 80 studios →406 last sold in February 2023 at AED 1,634 per sqft, 30% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,257). 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. 406's AED 87,600 is at the top 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 | |||||
|---|---|---|---|---|---|
| 401 | Studio | 565 sqft | AED 850KAED 850,000 · Nov 2022November 2022 | 46,000 /yr | |
| 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 | |
| 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 |
406, Royal Oceanic Tower in numbers
- Sold 4 times: first on 12 February 2009 for AED 437,445, last on 21 February 2023 for AED 840,000 (AED 1,634 per sqft).
- Rented since May 2011 on 11 Ejari contracts, from AED 41,000 to AED 87,600 a year.
- At AED 87,600 a year the gross yield on the 2023 price is 10.4%, 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 8 October 2025.
Questions about 406, Royal Oceanic Tower
What did unit 406 last sell for?
AED 840,000 on 21 February 2023: AED 1,634 per sqft for 514 sqft. The unit has 4 registered sales; the first was AED 437,445 in February 2009.
What is the rent for unit 406?
AED 87,600 a year on the contract signed on 8 October 2025. The previous contract, from September 2024, was AED 84,000; the unit has been rented since May 2011.
How big is unit 406?
514 sqft (47.8 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.
What is unit 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Royal Oceanic Tower
Starts from the last sale price (AED 840K, 21 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →