807, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 807, Royal Oceanic Tower
What is 807 worth today?
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Source: Dubai Land Department. Updated 21 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 8th of 31
- Parking
- B2-65
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 815K · June 2023
- Building
- Royal Oceanic Tower
About 807, Royal Oceanic Tower
807 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 21 June 2023 for AED 815,000, or AED 1,585 per sqft, 7% above the AED 1,476 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 42,550 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 10,800 a year.
Sales and rents for 807 over time
807 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 807 sits
All 80 studios →807 last sold in June 2023 at AED 1,585 per sqft, 7% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,476). 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. 807's AED 42,550 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 8th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | Studio | 565 sqft | AED 670KAED 670,000 · Apr 2021April 2021 | 72,000 /yr | |
| 802 | Studio | 654 sqft | AED 640KAED 640,000 · Dec 2012December 2012 | 65,000 /yr | |
| 803 | 1-bed | 764 sqft | AED 1.21MAED 1,212,888 · Aug 2010August 2010 | 70,000 /yr | |
| 804 | 1-bed | 764 sqft | AED 1.13MAED 1,125,000 · Jan 2017January 2017 | 58,000 /yr | |
| 805 | Studio | 634 sqft | AED 713KAED 712,574 · Sep 2010September 2010 | 65,000 /yr | |
| 806 | Studio | 514 sqft | AED 700KAED 700,000 · Nov 2023November 2023 | ||
| 808 | Studio | 621 sqft | AED 797KAED 796,875 · Aug 2010August 2010 | ||
| 809 | 1-bed | 787 sqft | AED 1.35MAED 1,350,000 · Nov 2014November 2014 | ||
| 810 | 1-bed | 792 sqft | AED 655KAED 655,000 · Feb 2021February 2021 | 100,000 /yr | |
| 811 | Studio | 658 sqft | AED 700KAED 700,000 · May 2022May 2022 | 70,000 /yr | |
| 812 | Studio | 559 sqft | AED 1.28MAED 1,275,000 · Aug 2026August 2026 | 60,362 /yr |
807, Royal Oceanic Tower in numbers
- Sold 3 times: first on 8 September 2010 for AED 765,800, last on 21 June 2023 for AED 815,000 (AED 1,585 per sqft).
- Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 37,000 in 2021 and recovered to AED 42,550 by October 2022.
- At AED 42,550 a year the gross yield on the 2023 price is 5.2%, 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 21 June 2023.
Questions about 807, Royal Oceanic Tower
What did unit 807 last sell for?
AED 815,000 on 21 June 2023: AED 1,585 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 765,800 in September 2010.
What is the rent for unit 807?
AED 42,550 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 37,000; the unit has been rented since February 2016.
How big is unit 807?
514 sqft (47.8 sqm): a studio on the 8th floor of a 31-storey tower completed in 2009.
What is unit 807 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 807, Royal Oceanic Tower
Starts from the last sale price (AED 815K, 21 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 815,000
- Deposit, UAE resident (20%)
- AED 163,000
- Deposit, non-resident (40%)
- AED 326,000
- Monthly over 25 years at 3.7%
- AED 3,334
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →