708, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Royal Oceanic Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 12 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 621 sqft
- Floor
- 7th of 31
- Parking
- B2-77
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,100 /yr
- Last sold
- AED 700K · October 2022
- Building
- Royal Oceanic Tower
About 708, Royal Oceanic Tower
708 is a studio of 621 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 12 October 2022 for AED 700,000, or AED 1,126 per sqft, 5% below the AED 1,187 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 22 August 2020, is AED 47,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 13,100 a year.
Sales and rents for 708 over time
708 has sold 4 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 708 sits
All 80 studios →708 last sold in October 2022 at AED 1,126 per sqft, 5% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,187). 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. 708's AED 47,000 is at the bottom 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 | |
| 707 | Studio | 514 sqft | AED 585KAED 585,000 · Feb 2013February 2013 | 63,800 /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 |
708, Royal Oceanic Tower in numbers
- Sold 4 times: first on 15 April 2009 for AED 545,703, last on 12 October 2022 for AED 700,000 (AED 1,126 per sqft).
- Rented since February 2018 on 5 Ejari contracts, from AED 60,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 13,100 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 12 October 2022.
Questions about 708, Royal Oceanic Tower
What did unit 708 last sell for?
AED 700,000 on 12 October 2022: AED 1,126 per sqft for 621 sqft. The unit has 4 registered sales; the first was AED 545,703 in April 2009.
What is the rent for unit 708?
AED 47,000 a year on the contract renewed on 22 August 2020. The previous contract, from February 2020, was AED 60,000; the unit has been rented since February 2018.
How big is unit 708?
621 sqft (57.7 sqm): a studio on the 7th floor of a 31-storey tower completed in 2009.
What is unit 708 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 708, Royal Oceanic Tower
Starts from the last sale price (AED 700K, 12 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →