Studio · 514 sqftRoyal Oceanic Tower, Dubai Marina · 8th floor · completed 2009

806, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 700K13 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Royal Oceanic Tower

What is 806 worth today?

Last sold for AED 700,000 in 2023

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13 Nov 2023SoldReady
AED 700,000AED 1,362 per sqft
1 Jul 2014SoldReady
AED 1,095,000AED 2,131 per sqft
31 Mar 2011Sold by developerReady
AED 246,063AED 478 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
8th of 31
Parking
B2-94
Developer
Global Group Holdings
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 700K · November 2023

About 806, Royal Oceanic Tower

806 is a studio of 514 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 13 November 2023 for AED 700,000, or AED 1,362 per sqft, 13% below the AED 1,557 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,030,000; 2015 AED 1,000,000; 2017 AED 925,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2024 AED 850,000; 2025 AED 970,000; 2026 AED 1,035,000Sold by developer, March 2011: AED 246,063 (AED 478 per sqft)Sold, July 2014: AED 1,095,000 (AED 2,131 per sqft)Sold, November 2023: AED 700,000 (AED 1,362 per sqft)

806 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 806, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000

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 806 sits

All 80 studios →

806 last sold in November 2023 at AED 1,362 per sqft, 13% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,557). 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.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026950,000
18 Aug 20261,275,000
24 Jul 20261,030,000
12 Mar 20261,040,000
4 studio 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
8041-bedAED 1.13M · Jan 2017
805StudioAED 713K · Sep 2010
807StudioAED 815K · Jun 2023
808StudioAED 797K · Aug 2010
1–7 of 11

806, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 31 March 2011 for AED 246,063, last on 13 November 2023 for AED 700,000 (AED 1,362 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 13 November 2023.

Questions about 806, Royal Oceanic Tower

What did unit 806 last sell for?

AED 700,000 on 13 November 2023: AED 1,362 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 246,063 in March 2011.

How big is unit 806?

514 sqft (47.8 sqm): a studio on the 8th floor of a 31-storey tower completed in 2009.

What is unit 806 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 806, Royal Oceanic Tower

Starts from the last sale price (AED 700K, 13 November 2023). 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 →