602, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, 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 602, Royal Oceanic Tower
What is 602 worth today?
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Source: Dubai Land Department. Updated 9 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 6th of 31
- Parking
- B2-49
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,700 /yr
- Last sold
- AED 723K · August 2010
- Building
- Royal Oceanic Tower
About 602, Royal Oceanic Tower
602 is a studio of 654 sqft on the 6th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 16 August 2010 for AED 723,358, or AED 1,106 per sqft, 7% above the AED 1,034 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 9 September 2026, is AED 70,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 13,700 a year.
Sales and rents for 602 over time
602 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 602 sits
All 80 studios →602 last sold in August 2010 at AED 1,106 per sqft, 7% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,034). 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. 602's AED 70,000 is in the upper 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 6th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 565 sqft | AED 950KAED 950,000 · Oct 2026October 2026 | 55,000 /yr | |
| 603 | 1-bed | 764 sqft | AED 711KAED 710,676 · Aug 2010August 2010 | 90,000 /yr | |
| 604 | 1-bed | 764 sqft | AED 1.53MAED 1,525,000 · May 2014May 2014 | 79,778 /yr | |
| 605 | Studio | 634 sqft | AED 715KAED 715,000 · Jun 2013June 2013 | 75,000 /yr | |
| 606 | Studio | 514 sqft | AED 565KAED 565,000 · Feb 2013February 2013 | 57,000 /yr | |
| 607 | Studio | 514 sqft | AED 610KAED 610,000 · Jan 2013January 2013 | 52,500 /yr | |
| 608 | Studio | 621 sqft | AED 886KAED 886,013 · Aug 2010August 2010 | 53,763 /yr | |
| 609 | 1-bed | 787 sqft | AED 1.13MAED 1,125,000 · Feb 2024February 2024 | 60,000 /yr | |
| 610 | 1-bed | 792 sqft | AED 1.25MAED 1,246,883 · Aug 2010August 2010 | 69,828 /yr | |
| 611 | Studio | 658 sqft | AED 810KAED 810,000 · Apr 2022April 2022 | 69,000 /yr | |
| 612 | Studio | 559 sqft | AED 400KAED 400,000 · Mar 2011March 2011 | 60,000 /yr |
602, Royal Oceanic Tower in numbers
- Sold twice: first on 12 February 2009 for AED 723,358, last on 16 August 2010 for AED 723,358 (AED 1,106 per sqft).
- Rented since December 2013 on 13 Ejari contracts. The rent fell from AED 45,150 to AED 34,000 in 2022 and recovered to AED 70,000 by September 2026.
- At AED 70,000 a year the gross yield on the 2010 price is 9.7%, before a service charge of about AED 13,700 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 9 September 2026.
Questions about 602, Royal Oceanic Tower
What did unit 602 last sell for?
AED 723,358 on 16 August 2010: AED 1,106 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 723,358 in February 2009.
What is the rent for unit 602?
AED 70,000 a year on the contract renewed on 9 September 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since December 2013.
How big is unit 602?
654 sqft (60.8 sqm): a studio on the 6th floor of a 31-storey tower completed in 2009.
What is unit 602 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 602, Royal Oceanic Tower
Starts from the last sale price (AED 723K, 16 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 723,358
- Deposit, UAE resident (20%)
- AED 144,672
- Deposit, non-resident (40%)
- AED 289,343
- Monthly over 25 years at 3.7%
- AED 2,959
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →