1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 7th floor · completed 2009

704, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 815K24 February 2013
Current rentAED 84K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Royal Oceanic Tower

What is 704 worth today?

Last sold for AED 815,000 in 2013

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25 Mar 2026RentedNew contract
AED 84,000/yr12 months · AED 110 per sqft
2 Apr 2023RentedRenewal
AED 68,250/yr12 months · AED 89 per sqft
2 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
17 Oct 2020RentedRenewal
AED 55,000/yr12 months · AED 72 per sqft
17 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
18 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
1 Mar 2014RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
24 Feb 2013SoldReady
AED 815,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
7th of 31
Parking
B2-68
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 815K · February 2013

About 704, Royal Oceanic Tower

704 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 24 February 2013 for AED 815,000, or AED 1,067 per sqft, in line with the AED 1,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 25 March 2026, is AED 84,000 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 16,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, February 2009: AED 732,309 (AED 958 per sqft)Sold, August 2010: AED 732,309 (AED 958 per sqft)Sold, February 2013: AED 815,000 (AED 1,067 per sqft)

704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, 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, March 2014: AED 85,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, October 2019: AED 60,000 a yearRenewal, October 2020: AED 55,000 a yearNew contract, April 2022: AED 65,000 a yearRenewal, April 2023: AED 68,250 a yearNew contract, March 2026: AED 84,000 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 704 sits

All 40 1-beds →

704 last sold in February 2013 at AED 1,067 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,086). 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. 704's AED 84,000 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 7th floor

All 224 units in Royal Oceanic Tower
Value
701StudioAED 750K · Dec 2021
702StudioAED 1M · May 2014
7031-bedAED 1.55M · Dec 2014
705StudioAED 500K · Dec 2012
706StudioAED 1.01M · Jun 2025
707StudioAED 585K · Feb 2013
708StudioAED 700K · Oct 2022
1–7 of 11

704, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 732,309, last on 24 February 2013 for AED 815,000 (AED 1,067 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2020 and recovered to AED 84,000 by March 2026.
  • At AED 84,000 a year the gross yield on the 2013 price is 10.3%, 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 25 March 2026.

Questions about 704, Royal Oceanic Tower

What did unit 704 last sell for?

AED 815,000 on 24 February 2013: AED 1,067 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 732,309 in February 2009.

What is the rent for unit 704?

AED 84,000 a year on the contract signed on 25 March 2026. The previous contract, from April 2023, was AED 68,250; the unit has been rented since March 2014.

How big is unit 704?

764 sqft (71.0 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2009.

What is unit 704 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 704, Royal Oceanic Tower

Starts from the last sale price (AED 815K, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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