Studio · 658 sqftRoyal Oceanic Tower, Dubai Marina · 9th floor · completed 2009

911, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 911 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 720K19 December 2021
Current rentAED 71K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 911, Royal Oceanic Tower

What is 911 worth today?

Last sold for AED 720,000 in 2021

Unlock today's estimate, updated daily, with

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

1 Aug 2023RentedRenewal
AED 71,000/yr12 months · AED 108 per sqft
1 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
19 Dec 2021SoldReady
AED 720,000AED 1,093 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
1 Jun 2019RentedNew contract
AED 53,000/yr12 months · AED 81 per sqft
15 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
14 Feb 2017RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
1 Sep 2016RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
Studio apartment
Size
658 sqft
Floor
9th of 31
Parking
B1-02
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,800 /yr
Last sold
AED 720K · December 2021

About 911, Royal Oceanic Tower

911 is a studio of 658 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 19 December 2021 for AED 720,000, or AED 1,093 per sqft, 8% below the AED 1,186 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 August 2023, is AED 71,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 13,800 a year.

Sales and rents for 911 over time

Sales
Unit 911, 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 748,463 (AED 1,136 per sqft)Sold, August 2010: AED 748,463 (AED 1,136 per sqft)Sold, December 2021: AED 720,000 (AED 1,093 per sqft)

911 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 911, 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, September 2016: AED 70,000 a yearNew contract, February 2017: AED 70,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, June 2019: AED 53,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, August 2022: AED 65,000 a yearRenewal, August 2023: AED 71,000 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 911 sits

All 80 studios →

911 last sold in December 2021 at AED 1,093 per sqft, 8% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,186). 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. 911's AED 71,000 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
907StudioAED 850K · Sep 2013
1–7 of 11

911, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 748,463, last on 19 December 2021 for AED 720,000 (AED 1,093 per sqft).
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2020 and recovered to AED 71,000 by August 2023.
  • At AED 71,000 a year the gross yield on the 2021 price is 9.9%, 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 1 August 2023.

Questions about 911, Royal Oceanic Tower

What did unit 911 last sell for?

AED 720,000 on 19 December 2021: AED 1,093 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 748,463 in February 2009.

What is the rent for unit 911?

AED 71,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 65,000; the unit has been rented since September 2016.

How big is unit 911?

658 sqft (61.1 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.

What is unit 911 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 911? 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 911, Royal Oceanic Tower

Starts from the last sale price (AED 720K, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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