811, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 811, Royal Oceanic Tower
What is 811 worth today?
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Source: Dubai Land Department. Updated 21 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 658 sqft
- Floor
- 8th of 31
- Parking
- B2-97
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,800 /yr
- Last sold
- AED 700K · May 2022
- Building
- Royal Oceanic Tower
About 811, Royal Oceanic Tower
811 is a studio of 658 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 30 May 2022 for AED 700,000, or AED 1,063 per sqft, 14% below the AED 1,230 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 21 May 2023, is AED 70,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 13,800 a year.
Sales and rents for 811 over time
811 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 811 sits
All 80 studios →811 last sold in May 2022 at AED 1,063 per sqft, 14% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,230). 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. 811's AED 70,000 is in the upper 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 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 | ||
| 807 | Studio | 514 sqft | AED 815KAED 815,000 · Jun 2023June 2023 | 42,550 /yr | |
| 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 | |
| 812 | Studio | 559 sqft | AED 1.28MAED 1,275,000 · Aug 2026August 2026 | 60,362 /yr |
811, Royal Oceanic Tower in numbers
- Sold 3 times: first on 15 April 2009 for AED 727,539, last on 30 May 2022 for AED 700,000 (AED 1,063 per sqft).
- Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2020 and recovered to AED 70,000 by May 2023.
- At AED 70,000 a year the gross yield on the 2022 price is 10.0%, 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 May 2023.
Questions about 811, Royal Oceanic Tower
What did unit 811 last sell for?
AED 700,000 on 30 May 2022: AED 1,063 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 727,539 in April 2009.
What is the rent for unit 811?
AED 70,000 a year on the contract signed on 21 May 2023. The previous contract, from May 2022, was AED 65,000; the unit has been rented since February 2015.
How big is unit 811?
658 sqft (61.1 sqm): a studio on the 8th floor of a 31-storey tower completed in 2009.
What is unit 811 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 811, Royal Oceanic Tower
Starts from the last sale price (AED 700K, 30 May 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 →