Studio · 621 sqftRoyal Oceanic Tower, Dubai Marina · 6th floor · completed 2009

608, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 886K16 August 2010
Current rentAED 54K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Royal Oceanic Tower

What is 608 worth today?

Last sold for AED 886,013 in 2010

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15 Dec 2024RentedRenewal
AED 53,763/yr12 months · AED 87 per sqft
15 Dec 2024RentedRenewal
AED 53,763/yr12 months · AED 87 per sqft
15 Dec 2023RentedRenewal
AED 46,750/yr12 months · AED 75 per sqft
15 Dec 2023RentedRenewal
AED 46,750/yr12 months · AED 75 per sqft
15 Dec 2022RentedRenewal
AED 42,500/yr12 months · AED 68 per sqft
15 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
11 Apr 2019RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
4 Jan 2019RentedNew contract
AED 42,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
Studio apartment
Size
621 sqft
Floor
6th of 31
Parking
B2-55
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,100 /yr
Last sold
AED 886K · August 2010

About 608, Royal Oceanic Tower

608 is a studio of 621 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 886,013, or AED 1,426 per sqft, 38% above the AED 1,034 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 53,763 a year: a gross yield of 6.1% on the 2010 price, before the service charge of about AED 13,100 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,030,000; 2015 AED 1,000,000; 2017 AED 925,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 1,035,000Sold by developer, April 2009: AED 886,013 (AED 1,426 per sqft)Sold, August 2010: AED 886,013 (AED 1,426 per sqft)

608 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 608, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, April 2018: AED 60,000 a yearNew contract, January 2019: AED 42,000 a yearRenewal, April 2019: AED 55,000 a yearNew contract, December 2021: AED 40,000 a yearRenewal, December 2022: AED 42,500 a yearRenewal, December 2023: AED 46,750 a yearRenewal, December 2023: AED 46,750 a yearRenewal, December 2024: AED 53,763 a yearRenewal, December 2024: AED 53,763 a year

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 608 sits

All 80 studios →

608 last sold in August 2010 at AED 1,426 per sqft, 38% 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. 608's AED 53,763 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026950,000
18 Aug 20261,275,000
24 Jul 20261,030,000
12 Mar 20261,040,000
4 studio 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
6031-bedAED 711K · Aug 2010
6041-bedAED 1.53M · May 2014
605StudioAED 715K · Jun 2013
606StudioAED 565K · Feb 2013
607StudioAED 610K · Jan 2013
1–7 of 11

608, Royal Oceanic Tower in numbers

  • Sold twice: first on 29 April 2009 for AED 886,013, last on 16 August 2010 for AED 886,013 (AED 1,426 per sqft).
  • Rented since April 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 53,763 by December 2024.
  • At AED 53,763 a year the gross yield on the 2010 price is 6.1%, before a service charge of about AED 13,100 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 15 December 2024.

Questions about 608, Royal Oceanic Tower

What did unit 608 last sell for?

AED 886,013 on 16 August 2010: AED 1,426 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 886,013 in April 2009.

What is the rent for unit 608?

AED 53,763 a year on the contract renewed on 15 December 2024. The previous contract, from December 2024, was AED 53,763; the unit has been rented since April 2018.

How big is unit 608?

621 sqft (57.7 sqm): a studio on the 6th floor of a 31-storey tower completed in 2009.

What is unit 608 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 608, Royal Oceanic Tower

Starts from the last sale price (AED 886K, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 886,013
Deposit, UAE resident (20%)
AED 177,203
Deposit, non-resident (40%)
AED 354,405
Monthly over 25 years at 3.7%
AED 3,625

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