412, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in August 2010, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 412, Royal Oceanic Tower
What is 412 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 559 sqft
- Floor
- 4th of 31
- Parking
- B2-18
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 11,800 /yr
- Last sold
- AED 600K · August 2010
- Building
- Royal Oceanic Tower
About 412, Royal Oceanic Tower
412 is a studio of 559 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 24 August 2010 for AED 600,000, or AED 1,072 per sqft, in line with the AED 1,072 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 52,000 a year: a gross yield of 8.7% on the 2010 price, before the service charge of about AED 11,800 a year.
Sales and rents for 412 over time
412 has sold 3 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 412 sits
All 80 studios →412 last sold in August 2010 at AED 1,072 per sqft, in line with 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. 412's AED 52,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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, Royal Oceanic Tower in numbers
- Sold 3 times: first on 11 January 2010 for AED 600,000, last on 24 August 2010 for AED 600,000 (AED 1,072 per sqft).
- Rented since July 2021 on 2 Ejari contracts, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2010 price is 8.7%, before a service charge of about AED 11,800 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 1 July 2022.
Questions about 412, Royal Oceanic Tower
What did unit 412 last sell for?
AED 600,000 on 24 August 2010: AED 1,072 per sqft for 559 sqft. The unit has 3 registered sales; the first was AED 600,000 in January 2010.
What is the rent for unit 412?
AED 52,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 52,000.
How big is unit 412?
559 sqft (51.9 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.
What is unit 412 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 412, Royal Oceanic Tower
Starts from the last sale price (AED 600K, 24 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →