612, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Royal Oceanic Tower
What is 612 worth today?
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Source: Dubai Land Department. Updated 11 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 559 sqft
- Floor
- 6th of 31
- Parking
- B2-59
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 11,800 /yr
- Last sold
- AED 400K · March 2011
- Building
- Royal Oceanic Tower
About 612, Royal Oceanic Tower
612 is a studio of 559 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 31 March 2011 for AED 400,000, or AED 715 per sqft, 33% below the AED 1,060 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 11 August 2026, is AED 60,000 a year: a gross yield of 15.0% on the 2011 price, before the service charge of about AED 11,800 a year.
Sales and rents for 612 over time
612 has sold 3 times; 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 612 sits
All 80 studios →612 last sold in March 2011 at AED 715 per sqft, 33% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,060). 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. 612's AED 60,000 is in the lower 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 | |
| 602 | Studio | 654 sqft | AED 723KAED 723,358 · Aug 2010August 2010 | 70,000 /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, Royal Oceanic Tower in numbers
- Sold 3 times: first on 15 April 2009 for AED 537,459, last on 31 March 2011 for AED 400,000 (AED 715 per sqft).
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 52,000 to AED 37,000 in 2020 and recovered to AED 60,000 by August 2026.
- At AED 60,000 a year the gross yield on the 2011 price is 15.0%, before a service charge of about AED 11,800 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 11 August 2026.
Questions about 612, Royal Oceanic Tower
What did unit 612 last sell for?
AED 400,000 on 31 March 2011: AED 715 per sqft for 559 sqft. The unit has 3 registered sales; the first was AED 537,459 in April 2009.
What is the rent for unit 612?
AED 60,000 a year on the contract renewed on 11 August 2026. The previous contract, from August 2025, was AED 82,000; the unit has been rented since September 2012.
How big is unit 612?
559 sqft (51.9 sqm): a studio on the 6th floor of a 31-storey tower completed in 2009.
What is unit 612 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 612, Royal Oceanic Tower
Starts from the last sale price (AED 400K, 31 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →