1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 6th floor · completed 2009

603, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 711K26 August 2010
Current rentAED 90K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Royal Oceanic Tower

What is 603 worth today?

Last sold for AED 710,676 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2023RentedRenewal
AED 90,000/yr12 months · AED 118 per sqft
1 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
15 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
24 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
20 Feb 2016RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
29 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
26 Aug 2010SoldReady
AED 710,676AED 930 per sqft
3 Jan 2010Sold by developerOff-plan
AED 710,676AED 930 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
6th of 31
Parking
B2-50
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 711K · August 2010

About 603, Royal Oceanic Tower

603 is a one-bedroom apartment of 764 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 26 August 2010 for AED 710,676, or AED 930 per sqft, 11% below the AED 1,042 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 90,000 a year: a gross yield of 12.7% on the 2010 price, before the service charge of about AED 16,000 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Royal Oceanic Tower
500K1M1.5M2009201420192024Typical 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 710,676 (AED 930 per sqft)Sold, January 2010: AED 710,676 (AED 930 per sqft)Sold, August 2010: AED 710,676 (AED 930 per sqft)

603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in Royal Oceanic Tower
50K75K100K2012201620202024Typical 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, November 2014: AED 100,000 a yearNew contract, February 2016: AED 90,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, September 2022: AED 80,000 a yearRenewal, September 2023: AED 90,000 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 603 sits

All 40 1-beds →

603 last sold in August 2010 at AED 930 per sqft, 11% below what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,042). 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. 603's AED 90,000 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 6th floor

All 224 units in Royal Oceanic Tower
Value
601StudioAED 950K · Oct 2026
602StudioAED 723K · Aug 2010
6041-bedAED 1.53M · May 2014
605StudioAED 715K · Jun 2013
606StudioAED 565K · Feb 2013
607StudioAED 610K · Jan 2013
608StudioAED 886K · Aug 2010
1–7 of 11

603, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 3 January 2010 for AED 710,676, last on 26 August 2010 for AED 710,676 (AED 930 per sqft).
  • Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2020 and recovered to AED 90,000 by September 2023.
  • At AED 90,000 a year the gross yield on the 2010 price is 12.7%, 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 1 September 2023.

Questions about 603, Royal Oceanic Tower

What did unit 603 last sell for?

AED 710,676 on 26 August 2010: AED 930 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 710,676 in January 2010.

What is the rent for unit 603?

AED 90,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 80,000; the unit has been rented since November 2014.

How big is unit 603?

764 sqft (71.0 sqm): a one-bedroom apartment on the 6th floor of a 31-storey tower completed in 2009.

What is unit 603 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.

Selling 603? 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.

How OpenOffers works

Mortgage on 603, Royal Oceanic Tower

Starts from the last sale price (AED 711K, 26 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 710,676
Deposit, UAE resident (20%)
AED 142,135
Deposit, non-resident (40%)
AED 284,270
Monthly over 25 years at 3.7%
AED 2,908

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