501, Royal Oceanic Tower
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Royal Oceanic Tower
What is 501 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 7 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 565 sqft
- Floor
- 5th of 31
- Parking
- B2-37
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 11,900 /yr
- Last sold
- AED 261K · March 2011
- Building
- Royal Oceanic Tower
About 501, Royal Oceanic Tower
501 is a studio of 565 sqft on the 5th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. The developer sold it on 31 March 2011 for AED 261,291, or AED 462 per sqft, 56% below the AED 1,060 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 7 July 2025, is AED 80,000 a year: a gross yield of 30.6% on the 2011 price, before the service charge of about AED 11,900 a year.
Sales and rents for 501 over time
501 has sold once; 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 501 sits
All 80 studios →501 last sold in March 2011 at AED 462 per sqft, 56% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,060). 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. 501's AED 80,000 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 5th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 654 sqft | AED 1.03MAED 1,030,000 · Jun 2025June 2025 | 2,000 /yr | |
| 503 | 1-bed | 764 sqft | AED 600KAED 600,000 · Mar 2020March 2020 | 130,000 /yr | |
| 504 | 1-bed | 764 sqft | AED 1MAED 1,000,000 · Nov 2017November 2017 | 69,613 /yr | |
| 505 | Studio | 634 sqft | AED 1.03MAED 1,025,000 · Apr 2017April 2017 | 65,000 /yr | |
| 506 | Studio | 514 sqft | AED 780KAED 780,000 · Jun 2013June 2013 | 70,000 /yr | |
| 507 | Studio | 514 sqft | AED 442KAED 442,006 · Aug 2010August 2010 | 64,000 /yr | |
| 508 | Studio | 621 sqft | AED 680KAED 680,000 · Dec 2022December 2022 | 66,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 1.26MAED 1,260,000 · Apr 2017April 2017 | 87,150 /yr | |
| 510 | 1-bed | 792 sqft | AED 870KAED 870,000 · Feb 2013February 2013 | 77,100 /yr | |
| 511 | Studio | 658 sqft | AED 1.1MAED 1,100,000 · Oct 2014October 2014 | 70,000 /yr | |
| 512 | Studio | 559 sqft | AED 1.15MAED 1,150,000 · Feb 2015February 2015 | 46,234 /yr |
501, Royal Oceanic Tower in numbers
- Sold once: by Global Group Holdings on 31 March 2011 for AED 261,291, or AED 462 per sqft.
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 47,000 in 2021 and recovered to AED 80,000 by July 2025.
- At AED 80,000 a year the gross yield on the 2011 price is 30.6%, 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 7 July 2025.
Questions about 501, Royal Oceanic Tower
What did unit 501 last sell for?
AED 261,291 on 31 March 2011, sold by the developer: AED 462 per sqft for 565 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 80,000 a year on the contract signed on 7 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since January 2018.
How big is unit 501?
565 sqft (52.5 sqm): a studio on the 5th floor of a 31-storey tower completed in 2009.
What is unit 501 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 501? 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 501, Royal Oceanic Tower
Starts from the last sale price (AED 261K, 31 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 261,291
- Deposit, UAE resident (20%)
- AED 52,258
- Deposit, non-resident (40%)
- AED 104,516
- Monthly over 25 years at 3.7%
- AED 1,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →