Studio · 559 sqftRoyal Oceanic Tower, Dubai Marina · 9th floor · completed 2009

912, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in January 2011, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 912 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 582K5 January 2011
Current rentAED 75K /yr29 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Royal Oceanic Tower

What is 912 worth today?

Last sold for AED 581,513 in 2011

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29 Nov 2023RentedNew contract
AED 74,792/yr12 months · AED 134 per sqft
5 Jan 2011SoldReady
AED 581,513AED 1,039 per sqft
13 Sep 2010Sold by developerOff-plan
AED 581,513AED 1,039 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
Studio apartment
Size
559 sqft
Floor
9th of 31
Parking
B1-03
Developer
Global Group Holdings
Completed
2009
Service charge
AED 11,800 /yr
Last sold
AED 582K · January 2011

About 912, Royal Oceanic Tower

912 is a studio of 559 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 5 January 2011 for AED 581,513, or AED 1,039 per sqft, 3% below the AED 1,072 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 November 2023. The current contract, signed on 29 November 2023, is AED 74,792 a year: a gross yield of 12.9% on the 2011 price, before the service charge of about AED 11,800 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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, September 2010: AED 581,513 (AED 1,039 per sqft)Sold, January 2011: AED 581,513 (AED 1,039 per sqft)

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

Rents
Unit 912, 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, November 2023: AED 74,792 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 912 sits

All 80 studios →

912 last sold in January 2011 at AED 1,039 per sqft, 3% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,072). 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. 912's AED 74,792 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

912, Royal Oceanic Tower in numbers

  • Sold twice: first on 13 September 2010 for AED 581,513, last on 5 January 2011 for AED 581,513 (AED 1,039 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 74,792 a year.
  • At AED 74,792 a year the gross yield on the 2011 price is 12.9%, before a service charge of about AED 11,800 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 29 November 2023.

Questions about 912, Royal Oceanic Tower

What did unit 912 last sell for?

AED 581,513 on 5 January 2011: AED 1,039 per sqft for 559 sqft. The unit has 2 registered sales; the first was AED 581,513 in September 2010.

What is the rent for unit 912?

AED 74,792 a year on the contract signed on 29 November 2023.

How big is unit 912?

559 sqft (51.9 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.

What is unit 912 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 912, Royal Oceanic Tower

Starts from the last sale price (AED 582K, 5 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 581,513
Deposit, UAE resident (20%)
AED 116,303
Deposit, non-resident (40%)
AED 232,605
Monthly over 25 years at 3.7%
AED 2,379

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