707, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Royal Oceanic Tower
What is 707 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 7th of 31
- Parking
- B2-70
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 585K · February 2013
- Building
- Royal Oceanic Tower
About 707, Royal Oceanic Tower
707 is a studio of 514 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 13 February 2013 for AED 585,000, or AED 1,138 per sqft, 13% above the AED 1,005 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 63,800 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 10,800 a year.
Sales and rents for 707 over time
707 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 707 sits
All 80 studios →707 last sold in February 2013 at AED 1,138 per sqft, 13% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,005). 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. 707's AED 63,800 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 | |
| 702 | Studio | 654 sqft | AED 1MAED 1,000,000 · May 2014May 2014 | 55,000 /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 | |
| 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 |
707, Royal Oceanic Tower in numbers
- Sold 3 times: first on 12 February 2009 for AED 468,795, last on 13 February 2013 for AED 585,000 (AED 1,138 per sqft).
- Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2019 and recovered to AED 63,800 by August 2024.
- At AED 63,800 a year the gross yield on the 2013 price is 10.9%, before a service charge of about AED 10,800 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 15 August 2024.
Questions about 707, Royal Oceanic Tower
What did unit 707 last sell for?
AED 585,000 on 13 February 2013: AED 1,138 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 468,795 in February 2009.
What is the rent for unit 707?
AED 63,800 a year on the contract renewed on 15 August 2024. The previous contract, from August 2024, was AED 63,800; the unit has been rented since April 2017.
How big is unit 707?
514 sqft (47.8 sqm): a studio on the 7th floor of a 31-storey tower completed in 2009.
What is unit 707 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 707, Royal Oceanic Tower
Starts from the last sale price (AED 585K, 13 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →