509, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Royal Oceanic Tower
What is 509 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 5th of 31
- Parking
- B2-44
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.26M · April 2017
- Building
- Royal Oceanic Tower
About 509, Royal Oceanic Tower
509 is a one-bedroom apartment of 787 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 19 April 2017 for AED 1,260,000, or AED 1,601 per sqft, in line with the AED 1,601 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 87,150 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 509 sits
All 40 1-beds →509 last sold in April 2017 at AED 1,601 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,601). 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. 509's AED 87,150 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 764 sqft | 1,210,000 | 1,584 | ||
| 19 Sep 202619 September 2026 | 787 sqft | 1,055,000 | 1,341 | ||
| 20 Aug 202520 August 2025 | 787 sqft | 1,340,000 | 1,703 | ||
| 19 Aug 202519 August 2025 | 787 sqft | 1,300,000 | 1,652 |
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 | |||||
|---|---|---|---|---|---|
| 501 | Studio | 565 sqft | AED 261KAED 261,291 · Mar 2011March 2011 | 80,000 /yr | |
| 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 | |
| 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 |
509, Royal Oceanic Tower in numbers
- Sold 3 times: first on 6 May 2009 for AED 1,383,120, last on 19 April 2017 for AED 1,260,000 (AED 1,601 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 77,000 in 2018 and recovered to AED 87,150 by November 2025.
- At AED 87,150 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 16,500 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 5 November 2025.
Questions about 509, Royal Oceanic Tower
What did unit 509 last sell for?
AED 1,260,000 on 19 April 2017: AED 1,601 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 1,383,120 in May 2009.
What is the rent for unit 509?
AED 87,150 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 87,150; the unit has been rented since November 2013.
How big is unit 509?
787 sqft (73.1 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2009.
What is unit 509 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 509, Royal Oceanic Tower
Starts from the last sale price (AED 1.26M, 19 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,260,000
- Deposit, UAE resident (20%)
- AED 252,000
- Deposit, non-resident (40%)
- AED 504,000
- Monthly over 25 years at 3.7%
- AED 5,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →