407, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Royal Oceanic Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 5 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 4th of 31
- Parking
- B2-32
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 437K · August 2010
- Building
- Royal Oceanic Tower
About 407, Royal Oceanic Tower
407 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 18 August 2010 for AED 437,359, or AED 850 per sqft, 21% below the AED 1,072 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 63,000 a year: a gross yield of 14.4% on the 2010 price, before the service charge of about AED 10,800 a year.
Sales and rents for 407 over time
407 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 407 sits
All 80 studios →407 last sold in August 2010 at AED 850 per sqft, 21% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,072). 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. 407's AED 63,000 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 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 | |
| 406 | Studio | 514 sqft | AED 840KAED 840,000 · Feb 2023February 2023 | 87,600 /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 |
407, Royal Oceanic Tower in numbers
- Sold twice: first on 15 April 2009 for AED 437,359, last on 18 August 2010 for AED 437,359 (AED 850 per sqft).
- Rented since January 2016 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2020 and recovered to AED 63,000 by April 2026.
- At AED 63,000 a year the gross yield on the 2010 price is 14.4%, 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 5 April 2026.
Questions about 407, Royal Oceanic Tower
What did unit 407 last sell for?
AED 437,359 on 18 August 2010: AED 850 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 437,359 in April 2009.
What is the rent for unit 407?
AED 63,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 63,000; the unit has been rented since January 2016.
How big is unit 407?
514 sqft (47.8 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.
What is unit 407 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 407, Royal Oceanic Tower
Starts from the last sale price (AED 437K, 18 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 437,359
- Deposit, UAE resident (20%)
- AED 87,472
- Deposit, non-resident (40%)
- AED 174,944
- Monthly over 25 years at 3.7%
- AED 1,789
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →