702, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in May 2014, 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 702, Royal Oceanic Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 23 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 7th of 31
- Parking
- B2-61
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,700 /yr
- Last sold
- AED 1M · May 2014
- Building
- Royal Oceanic Tower
About 702, Royal Oceanic Tower
702 is a studio of 654 sqft on the 7th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 15 May 2014 for AED 1,000,000, or AED 1,529 per sqft, 11% above the AED 1,381 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 23 October 2026, is AED 55,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 13,700 a year.
Sales and rents for 702 over time
702 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 702 sits
All 80 studios →702 last sold in May 2014 at AED 1,529 per sqft, 11% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,381). 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. 702's AED 55,000 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 7th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 565 sqft | AED 750KAED 750,000 · Dec 2021December 2021 | 60,000 /yr | |
| 703 | 1-bed | 764 sqft | AED 1.55MAED 1,550,000 · Dec 2014December 2014 | 73,000 /yr | |
| 704 | 1-bed | 764 sqft | AED 815KAED 815,000 · Feb 2013February 2013 | 84,000 /yr | |
| 705 | Studio | 634 sqft | AED 500KAED 500,000 · Dec 2012December 2012 | 80,000 /yr | |
| 706 | Studio | 514 sqft | AED 1.01MAED 1,010,000 · Jun 2025June 2025 | 39,100 /yr | |
| 707 | Studio | 514 sqft | AED 585KAED 585,000 · Feb 2013February 2013 | 63,800 /yr | |
| 708 | Studio | 621 sqft | AED 700KAED 700,000 · Oct 2022October 2022 | 47,000 /yr | |
| 709 | 1-bed | 787 sqft | AED 1.06MAED 1,055,000 · Sep 2026September 2026 | 80,000 /yr | |
| 710 | 1-bed | 792 sqft | AED 950KAED 950,000 · Jan 2019January 2019 | 69,000 /yr | |
| 711 | Studio | 658 sqft | AED 584KAED 584,055 · Aug 2010August 2010 | 63,000 /yr | |
| 712 | Studio | 559 sqft | AED 710KAED 710,000 · Jun 2013June 2013 | 70,000 /yr |
702, Royal Oceanic Tower in numbers
- Sold 3 times: first on 15 April 2009 for AED 745,138, last on 15 May 2014 for AED 1,000,000 (AED 1,529 per sqft).
- Rented since March 2013 on 14 Ejari contracts. The rent fell from AED 65,000 to AED 47,000 in 2020 and recovered to AED 55,000 by October 2026.
- At AED 55,000 a year the gross yield on the 2014 price is 5.5%, 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 23 October 2026.
Questions about 702, Royal Oceanic Tower
What did unit 702 last sell for?
AED 1,000,000 on 15 May 2014: AED 1,529 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 745,138 in April 2009.
What is the rent for unit 702?
AED 55,000 a year on the contract signed on 23 October 2026. The previous contract, from July 2025, was AED 66,000; the unit has been rented since March 2013.
How big is unit 702?
654 sqft (60.8 sqm): a studio on the 7th floor of a 31-storey tower completed in 2009.
What is unit 702 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 702, Royal Oceanic Tower
Starts from the last sale price (AED 1M, 15 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →