Studio · 634 sqftRoyal Oceanic Tower, Dubai Marina · 9th floor · completed 2009

905, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 946K16 August 2010
Current rentAED 53K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Royal Oceanic Tower

What is 905 worth today?

Last sold for AED 945,952 in 2010

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1 May 2023RentedRenewal
AED 52,800/yr12 months · AED 83 per sqft
1 May 2023RentedRenewal
AED 52,800/yr12 months · AED 83 per sqft
1 May 2022RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
28 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 55 per sqft
28 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
30 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
3 Apr 2016RentedNew contract
AED 61,000/yr12 months · AED 96 per sqft
16 Aug 2010SoldReady
AED 945,952AED 1,491 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
Studio apartment
Size
634 sqft
Floor
9th of 31
Parking
B2-103
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 946K · August 2010

About 905, Royal Oceanic Tower

905 is a studio of 634 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 16 August 2010 for AED 945,952, or AED 1,491 per sqft, 44% above the AED 1,034 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 May 2023, is AED 52,800 a year: a gross yield of 5.6% on the 2010 price, before the service charge of about AED 13,300 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, April 2009: AED 945,952 (AED 1,491 per sqft)Sold, August 2010: AED 945,952 (AED 1,491 per sqft)

905 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 905, 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, April 2016: AED 61,000 a yearNew contract, August 2019: AED 40,000 a yearNew contract, November 2020: AED 36,000 a yearNew contract, November 2021: AED 35,000 a yearNew contract, May 2022: AED 40,000 a yearRenewal, May 2023: AED 52,800 a yearRenewal, May 2023: AED 52,800 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 905 sits

All 80 studios →

905 last sold in August 2010 at AED 1,491 per sqft, 44% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,034). 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. 905's AED 52,800 is at the bottom 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
901StudioAED 880K · Jan 2018
902StudioAED 750K · Apr 2013
9031-bedAED 1.21M · Sep 2026
9041-bedAED 772K · Aug 2010
906StudioAED 800K · Mar 2023
907StudioAED 850K · Sep 2013
908StudioAED 904K · Aug 2010
1–7 of 11

905, Royal Oceanic Tower in numbers

  • Sold twice: first on 29 April 2009 for AED 945,952, last on 16 August 2010 for AED 945,952 (AED 1,491 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 61,000 to AED 35,000 in 2021 and recovered to AED 52,800 by May 2023.
  • At AED 52,800 a year the gross yield on the 2010 price is 5.6%, before a service charge of about AED 13,300 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 1 May 2023.

Questions about 905, Royal Oceanic Tower

What did unit 905 last sell for?

AED 945,952 on 16 August 2010: AED 1,491 per sqft for 634 sqft. The unit has 2 registered sales; the first was AED 945,952 in April 2009.

What is the rent for unit 905?

AED 52,800 a year on the contract renewed on 1 May 2023. The previous contract, from May 2023, was AED 52,800; the unit has been rented since April 2016.

How big is unit 905?

634 sqft (58.9 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.

What is unit 905 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 905, Royal Oceanic Tower

Starts from the last sale price (AED 946K, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 945,952
Deposit, UAE resident (20%)
AED 189,190
Deposit, non-resident (40%)
AED 378,381
Monthly over 25 years at 3.7%
AED 3,870

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