Studio · 514 sqftRoyal Oceanic Tower, Dubai Marina · 9th floor · completed 2009

907, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 850K4 September 2013
Current rentAED 79K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Royal Oceanic Tower

What is 907 worth today?

Last sold for AED 850,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Nov 2024RentedRenewal
AED 79,000/yr12 months · AED 153 per sqft
10 Nov 2023RentedNew contract
AED 72,000/yr12 months · AED 139 per sqft
15 Aug 2022RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
15 Aug 2021RentedRenewal
AED 43,000/yr12 months · AED 83 per sqft
15 Aug 2020RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
15 Aug 2019RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
24 May 2016RentedRenewal
AED 70,000/yr12 months · AED 135 per sqft
24 May 2015RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
9th of 31
Parking
B2-105
Developer
Global Group Holdings
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 850K · September 2013

About 907, Royal Oceanic Tower

907 is a studio of 514 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 4 September 2013 for AED 850,000, or AED 1,653 per sqft, 47% above the AED 1,124 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 79,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 10,800 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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, February 2009: AED 550,704 (AED 1,071 per sqft)Sold, August 2010: AED 550,704 (AED 1,071 per sqft)Sold, October 2012: AED 500,000 (AED 972 per sqft)Sold, May 2013: AED 700,000 (AED 1,361 per sqft)Sold, September 2013: AED 850,000 (AED 1,653 per sqft)

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

Rents
Unit 907, 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, March 2012: AED 40,000 a yearNew contract, May 2015: AED 70,000 a yearRenewal, May 2016: AED 70,000 a yearNew contract, August 2019: AED 42,000 a yearRenewal, August 2020: AED 40,000 a yearRenewal, August 2021: AED 43,000 a yearRenewal, August 2022: AED 50,000 a yearNew contract, November 2023: AED 72,000 a yearRenewal, November 2024: AED 79,000 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 907 sits

All 80 studios →

907 last sold in September 2013 at AED 1,653 per sqft, 47% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,124). 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. 907's AED 79,000 is in the upper half 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
905StudioAED 946K · Aug 2010
906StudioAED 800K · Mar 2023
908StudioAED 904K · Aug 2010
1–7 of 11

907, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 12 February 2009 for AED 550,704, last on 4 September 2013 for AED 850,000 (AED 1,653 per sqft).
  • Rented since March 2012 on 9 Ejari contracts, from AED 40,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2013 price is 9.3%, 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 10 November 2024.

Questions about 907, Royal Oceanic Tower

What did unit 907 last sell for?

AED 850,000 on 4 September 2013: AED 1,653 per sqft for 514 sqft. The unit has 5 registered sales; the first was AED 550,704 in February 2009.

What is the rent for unit 907?

AED 79,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 72,000; the unit has been rented since March 2012.

How big is unit 907?

514 sqft (47.8 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.

What is unit 907 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.

Selling 907? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 907, Royal Oceanic Tower

Starts from the last sale price (AED 850K, 4 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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