1-bed · 764 sqftRoyal Oceanic Tower, Dubai Marina · 8th floor · completed 2009

804, Royal Oceanic Tower

Sold prices and rental history: sold 4 times, last in January 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 31 August 2019
Last soldAED 1.13M10 January 2017
Current rentAED 58K /yr31 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Royal Oceanic Tower

What is 804 worth today?

Last sold for AED 1,125,000 in 2017

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31 Aug 2019RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
10 Mar 2017RentedNew contract
AED 92,761/yr12 months · AED 121 per sqft
10 Jan 2017SoldReady
AED 1,125,000AED 1,473 per sqft
5 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
3 May 2011SoldReady
AED 670,000AED 877 per sqft
16 Aug 2010SoldReady
AED 910,043AED 1,191 per sqft
12 Feb 2009Sold by developerOff-plan
AED 910,043AED 1,191 per sqft

Source: Dubai Land Department. Updated 31 August 2019.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
8th of 31
Parking
B2-92
Developer
Global Group Holdings
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 1.13M · January 2017

About 804, Royal Oceanic Tower

804 is a one-bedroom apartment of 764 sqft on the 8th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 10 January 2017 for AED 1,125,000, or AED 1,473 per sqft, in line with the AED 1,473 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 31 August 2019, is AED 58,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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 910,043 (AED 1,191 per sqft)Sold, August 2010: AED 910,043 (AED 1,191 per sqft)Sold, May 2011: AED 670,000 (AED 877 per sqft)Sold, January 2017: AED 1,125,000 (AED 1,473 per sqft)

804 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 804, each contractTypical one-bed in Royal Oceanic Tower
50K75K100K2012201620202024Typical 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, November 2013: AED 100,000 a yearNew contract, March 2017: AED 92,761 a yearNew contract, August 2019: AED 58,000 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 804 sits

All 40 1-beds →

804 last sold in January 2017 at AED 1,473 per sqft, in line with what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,473). 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. 804's AED 58,000 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 8th floor

All 224 units in Royal Oceanic Tower
Value
801StudioAED 670K · Apr 2021
802StudioAED 640K · Dec 2012
8031-bedAED 1.21M · Aug 2010
805StudioAED 713K · Sep 2010
806StudioAED 700K · Nov 2023
807StudioAED 815K · Jun 2023
808StudioAED 797K · Aug 2010
1–7 of 11

804, Royal Oceanic Tower in numbers

  • Sold 4 times: first on 12 February 2009 for AED 910,043, last on 10 January 2017 for AED 1,125,000 (AED 1,473 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 100,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2017 price is 5.2%, 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 31 August 2019.

Questions about 804, Royal Oceanic Tower

What did unit 804 last sell for?

AED 1,125,000 on 10 January 2017: AED 1,473 per sqft for 764 sqft. The unit has 4 registered sales; the first was AED 910,043 in February 2009.

What is the rent for unit 804?

AED 58,000 a year on the contract signed on 31 August 2019. The previous contract, from March 2017, was AED 92,761; the unit has been rented since November 2013.

How big is unit 804?

764 sqft (71.0 sqm): a one-bedroom apartment on the 8th floor of a 31-storey tower completed in 2009.

What is unit 804 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 804, Royal Oceanic Tower

Starts from the last sale price (AED 1.13M, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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