1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 5th floor · completed 2009

504, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in November 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 30 June 2026
Last soldAED 1M12 November 2017
Current rentAED 70K /yr30 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Royal Oceanic Tower

What is 504 worth today?

Last sold for AED 1,000,000 in 2017

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30 Jun 2026RentedNew contract
AED 69,613/yr12 months · AED 91 per sqft
20 Aug 2024RentedRenewal
AED 65,000/yr12 months · AED 85 per sqft
20 Aug 2024RentedRenewal
AED 65,000/yr12 months · AED 85 per sqft
20 Aug 2023RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
20 Aug 2022RentedRenewal
AED 56,000/yr12 months · AED 73 per sqft
20 Aug 2021RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
1 Aug 2018RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
12 Nov 2017SoldReady
AED 1,000,000AED 1,309 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
5th of 31
Parking
B2-39
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 1M · November 2017

About 504, Royal Oceanic Tower

504 is a one-bedroom apartment of 764 sqft on the 5th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 12 November 2017 for AED 1,000,000, or AED 1,309 per sqft, 11% below the AED 1,473 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 30 June 2026, is AED 69,613 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Royal Oceanic Tower
1M2009201420192024Typical sale price by year: 2009 AED 910,043; 2010 AED 789,640; 2011 AED 395,843; 2012 AED 830,000; 2013 AED 862,500; 2014 AED 1,460,000; 2015 AED 1,000,000; 2017 AED 1,142,500; 2019 AED 700,000; 2022 AED 1,025,000; 2023 AED 1,150,000; 2024 AED 1,000,000; 2025 AED 1,260,000Sold by developer, January 2010: AED 692,725 (AED 907 per sqft)Sold, March 2011: AED 346,363 (AED 453 per sqft)Sold, July 2012: AED 820,000 (AED 1,073 per sqft)Sold, May 2014: AED 1,550,000 (AED 2,029 per sqft)Sold, November 2017: AED 1,000,000 (AED 1,309 per sqft)

504 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 78,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 89,250; 2018 AED 72,500; 2019 AED 72,800; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 65,000; 2023 AED 72,500; 2024 AED 84,000; 2025 AED 83,000; 2026 AED 84,000New contract, October 2013: AED 78,000 a yearNew contract, August 2018: AED 70,000 a yearNew contract, August 2021: AED 47,000 a yearRenewal, August 2022: AED 56,000 a yearRenewal, August 2023: AED 58,000 a yearRenewal, August 2024: AED 65,000 a yearRenewal, August 2024: AED 65,000 a yearNew contract, June 2026: AED 69,613 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Oceanic Tower, and where 504 sits

All 40 1-beds →

504 last sold in November 2017 at AED 1,309 per sqft, 11% below what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,473). Over the last 12 months one-beds sold for AED 1,055,000 to 1,210,000, around AED 1,463 per sqft, and rent for AED 55,000 to 140,000 a year. 504's AED 69,613 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,210,000
19 Sep 20261,055,000
20 Aug 20251,340,000
19 Aug 20251,300,000
2 1-bed 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 5th floor

All 224 units in Royal Oceanic Tower
Value
501StudioAED 261K · Mar 2011
502StudioAED 1.03M · Jun 2025
5031-bedAED 600K · Mar 2020
505StudioAED 1.03M · Apr 2017
506StudioAED 780K · Jun 2013
507StudioAED 442K · Aug 2010
508StudioAED 680K · Dec 2022
1–7 of 11

504, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 7 January 2010 for AED 692,725, last on 12 November 2017 for AED 1,000,000 (AED 1,309 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 47,000 in 2021 and recovered to AED 69,613 by June 2026.
  • At AED 69,613 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
  • One-beds in Royal Oceanic Tower sold for AED 1,055,000–1,210,000 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 30 June 2026.

Questions about 504, Royal Oceanic Tower

What did unit 504 last sell for?

AED 1,000,000 on 12 November 2017: AED 1,309 per sqft for 764 sqft. The unit has 5 registered sales; the first was AED 692,725 in January 2010.

What is the rent for unit 504?

AED 69,613 a year on the contract signed on 30 June 2026. The previous contract, from August 2024, was AED 65,000; the unit has been rented since October 2013.

How big is unit 504?

764 sqft (71.0 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2009.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Oceanic Tower sold for AED 1,055,000 to 1,210,000 in the last 12 months, around AED 1,463 per sqft.

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Mortgage on 504, Royal Oceanic Tower

Starts from the last sale price (AED 1M, 12 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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