Studio · 565 sqftRoyal Oceanic Tower, Dubai Marina · 9th floor · completed 2009

901, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in January 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 23 January 2018
Last soldAED 880K23 January 2018
Current rentAED 85K /yr17 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Royal Oceanic Tower

What is 901 worth today?

Last sold for AED 880,000 in 2018

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23 Jan 2018SoldReady
AED 880,000AED 1,558 per sqft
17 Dec 2016RentedRenewal
AED 85,237/yr12 months · AED 152 per sqft
17 Dec 2015RentedRenewal
AED 85,000/yr12 months · AED 152 per sqft
17 Dec 2014RentedNew contract
AED 85,000/yr12 months · AED 152 per sqft
3 Oct 2013SoldReady
AED 700,000AED 1,239 per sqft
26 Sep 2010SoldReady
AED 700,000AED 1,239 per sqft
29 Aug 2010Sold by developerOff-plan
AED 700,000AED 1,239 per sqft
29 Aug 2010SoldOff-plan
AED 700,000AED 1,239 per sqft

Source: Dubai Land Department. Updated 23 January 2018.

Key facts

Type
Studio apartment
Size
565 sqft
Floor
9th of 31
Parking
B2-99
Developer
Global Group Holdings
Completed
2009
Service charge
AED 11,900 /yr
Last sold
AED 880K · January 2018

About 901, Royal Oceanic Tower

901 is a studio of 565 sqft on the 9th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 23 January 2018 for AED 880,000, or AED 1,558 per sqft, 7% below the AED 1,668 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 17 December 2016, is AED 85,237 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 11,900 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, August 2010: AED 700,000 (AED 1,239 per sqft)Sold, August 2010: AED 700,000 (AED 1,239 per sqft)Sold, September 2010: AED 700,000 (AED 1,239 per sqft)Sold, October 2013: AED 700,000 (AED 1,239 per sqft)Sold, January 2018: AED 880,000 (AED 1,558 per sqft)

901 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 901, 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 65,000New contract, December 2014: AED 85,000 a yearRenewal, December 2015: AED 85,000 a yearRenewal, December 2016: AED 85,237 a year

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 901 sits

All 80 studios →

901 last sold in January 2018 at AED 1,558 per sqft, 7% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,668). 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. 901's AED 85,237 is at the top of that range.

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 9th floor

All 224 units in Royal Oceanic Tower
Value
902StudioAED 750K · Apr 2013
9031-bedAED 1.21M · Sep 2026
9041-bedAED 772K · Aug 2010
905StudioAED 946K · Aug 2010
906StudioAED 800K · Mar 2023
907StudioAED 850K · Sep 2013
908StudioAED 904K · Aug 2010
1–7 of 11

901, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 29 August 2010 for AED 700,000, last on 23 January 2018 for AED 880,000 (AED 1,558 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 85,000 to AED 85,237 a year.
  • At AED 85,237 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 11,900 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 23 January 2018.

Questions about 901, Royal Oceanic Tower

What did unit 901 last sell for?

AED 880,000 on 23 January 2018: AED 1,558 per sqft for 565 sqft. The unit has 5 registered sales; the first was AED 700,000 in August 2010.

What is the rent for unit 901?

AED 85,237 a year on the contract renewed on 17 December 2016. The previous contract, from December 2015, was AED 85,000; the unit has been rented since December 2014.

How big is unit 901?

565 sqft (52.5 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.

What is unit 901 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 901, Royal Oceanic Tower

Starts from the last sale price (AED 880K, 23 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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