711, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 711, Royal Oceanic Tower
What is 711 worth today?
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Source: Dubai Land Department. Updated 21 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 658 sqft
- Floor
- 7th of 31
- Parking
- B2-84
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,800 /yr
- Last sold
- AED 584K · August 2010
- Building
- Royal Oceanic Tower
About 711, Royal Oceanic Tower
711 is a studio of 658 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 22 August 2010 for AED 584,055, or AED 887 per sqft, 18% below the AED 1,077 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 21 July 2024, is AED 63,000 a year: a gross yield of 10.8% on the 2010 price, before the service charge of about AED 13,800 a year.
Sales and rents for 711 over time
711 has sold twice; 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 711 sits
All 80 studios →711 last sold in August 2010 at AED 887 per sqft, 18% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,077). 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. 711's AED 63,000 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 | |
| 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 | |
| 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 | |
| 712 | Studio | 559 sqft | AED 710KAED 710,000 · Jun 2013June 2013 | 70,000 /yr |
711, Royal Oceanic Tower in numbers
- Sold twice: first on 6 May 2009 for AED 584,055, last on 22 August 2010 for AED 584,055 (AED 887 per sqft).
- Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2020 and recovered to AED 63,000 by July 2024.
- At AED 63,000 a year the gross yield on the 2010 price is 10.8%, before a service charge of about AED 13,800 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 21 July 2024.
Questions about 711, Royal Oceanic Tower
What did unit 711 last sell for?
AED 584,055 on 22 August 2010: AED 887 per sqft for 658 sqft. The unit has 2 registered sales; the first was AED 584,055 in May 2009.
What is the rent for unit 711?
AED 63,000 a year on the contract renewed on 21 July 2024. The previous contract, from July 2023, was AED 59,000; the unit has been rented since February 2014.
How big is unit 711?
658 sqft (61.1 sqm): a studio on the 7th floor of a 31-storey tower completed in 2009.
What is unit 711 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.
Selling 711? Put it on the OpenOffers board
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Mortgage on 711, Royal Oceanic Tower
Starts from the last sale price (AED 584K, 22 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 584,055
- Deposit, UAE resident (20%)
- AED 116,811
- Deposit, non-resident (40%)
- AED 233,622
- Monthly over 25 years at 3.7%
- AED 2,390
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →