1-bed · 787 sqftRoyal Oceanic Tower, Dubai Marina · 6th floor · completed 2009

609, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 1.13M19 February 2024
Current rentAED 60K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Royal Oceanic Tower

What is 609 worth today?

Last sold for AED 1,125,000 in 2024

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19 Feb 2024SoldReady
AED 1,125,000AED 1,430 per sqft
15 Aug 2021RentedNew contract
AED 60,000/yr6 months · AED 76 per sqft
18 Dec 2018RentedRenewal
AED 86,000/yr12 months · AED 109 per sqft
18 Dec 2017RentedRenewal
AED 86,000/yr12 months · AED 109 per sqft
18 Dec 2016RentedNew contract
AED 86,000/yr12 months · AED 109 per sqft
1 Jul 2015SoldReady
AED 1,000,000AED 1,271 per sqft
24 Aug 2010SoldReady
AED 820,000AED 1,042 per sqft
12 May 2010Sold by developerOff-plan
AED 820,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
6th of 31
Parking
B2-56
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,500 /yr
Last sold
AED 1.13M · February 2024

About 609, Royal Oceanic Tower

609 is a one-bedroom apartment of 787 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 19 February 2024 for AED 1,125,000, or AED 1,430 per sqft, in line with the AED 1,430 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 August 2021, is AED 60,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, May 2010: AED 820,000 (AED 1,042 per sqft)Sold, May 2010: AED 820,000 (AED 1,042 per sqft)Sold, August 2010: AED 820,000 (AED 1,042 per sqft)Sold, July 2015: AED 1,000,000 (AED 1,271 per sqft)Sold, February 2024: AED 1,125,000 (AED 1,430 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in Royal Oceanic Tower
60K80K2012201620202024Typical 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, December 2016: AED 86,000 a yearRenewal, December 2017: AED 86,000 a yearRenewal, December 2018: AED 86,000 a yearNew contract, August 2021: AED 60,000 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 609 sits

All 40 1-beds →

609 last sold in February 2024 at AED 1,430 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,430). 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. 609's AED 60,000 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
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

609, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 12 May 2010 for AED 820,000, last on 19 February 2024 for AED 1,125,000 (AED 1,430 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 86,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.3%, 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 19 February 2024.

Questions about 609, Royal Oceanic Tower

What did unit 609 last sell for?

AED 1,125,000 on 19 February 2024: AED 1,430 per sqft for 787 sqft. The unit has 5 registered sales; the first was AED 820,000 in May 2010.

What is the rent for unit 609?

AED 60,000 a year on the contract signed on 15 August 2021. The previous contract, from December 2018, was AED 86,000; the unit has been rented since December 2016.

How big is unit 609?

787 sqft (73.1 sqm): a one-bedroom apartment on the 6th floor of a 31-storey tower completed in 2009.

What is unit 609 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 609, Royal Oceanic Tower

Starts from the last sale price (AED 1.13M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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