703, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in December 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Royal Oceanic Tower
What is 703 worth today?
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Source: Dubai Land Department. Updated 16 May 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 7th of 31
- Parking
- B2-67
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.55M · December 2014
- Building
- Royal Oceanic Tower
About 703, Royal Oceanic Tower
703 is a one-bedroom apartment of 764 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 18 December 2014 for AED 1,550,000, or AED 2,029 per sqft, 11% above the AED 1,823 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 16 May 2018, is AED 73,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 16,000 a year.
Sales and rents for 703 over time
703 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 703 sits
All 40 1-beds →703 last sold in December 2014 at AED 2,029 per sqft, 11% above what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,823). 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. 703's AED 73,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 764 sqft | 1,210,000 | 1,584 | ||
| 19 Sep 202619 September 2026 | 787 sqft | 1,055,000 | 1,341 | ||
| 20 Aug 202520 August 2025 | 787 sqft | 1,340,000 | 1,703 | ||
| 19 Aug 202519 August 2025 | 787 sqft | 1,300,000 | 1,652 |
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 | |
| 702 | Studio | 654 sqft | AED 1MAED 1,000,000 · May 2014May 2014 | 55,000 /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 |
703, Royal Oceanic Tower in numbers
- Sold 3 times: first on 31 March 2011 for AED 365,209, last on 18 December 2014 for AED 1,550,000 (AED 2,029 per sqft).
- Rented since November 2013 on 3 Ejari contracts, from AED 95,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2014 price is 4.7%, 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 16 May 2018.
Questions about 703, Royal Oceanic Tower
What did unit 703 last sell for?
AED 1,550,000 on 18 December 2014: AED 2,029 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 365,209 in March 2011.
What is the rent for unit 703?
AED 73,000 a year on the contract renewed on 16 May 2018. The previous contract, from May 2017, was AED 80,000; the unit has been rented since November 2013.
How big is unit 703?
764 sqft (71.0 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2009.
What is unit 703 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 703, Royal Oceanic Tower
Starts from the last sale price (AED 1.55M, 18 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →