PH-02, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PH-02, Royal Oceanic Tower
What is PH-02 worth today?
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Source: Dubai Land Department. Updated 20 June 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 6,178 sqft
- Floor
- 31st of 31
- Parking
- F1-34,35
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 129,800 /yr
- Last sold
- AED 3.43M · June 2021
- Building
- Royal Oceanic Tower
About PH-02, Royal Oceanic Tower
PH-02 is a penthouse of 6,178 sqft on the 31st floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 27 June 2021 for AED 3,425,000, or AED 554 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 June 2025, is AED 880,000 a year: a gross yield of 25.7% on the 2021 price, before the service charge of about AED 129,800 a year.
Penthouses in Royal Oceanic Tower, and where PH-02 sits
All 2 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 201024 August 2010 | 6,259 sqft | 4,700,000 | 750 | ||
| 21 Feb 201021 February 2010 | 6,259 sqft | 4,700,000 | 750 | ||
| 21 Feb 201021 February 2010 | 6,259 sqft | 4,700,000 | 750 |
Royal Oceanic Tower
Building224 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%
Other units on the 31st floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| PH-01 | Penthouse | 6,259 sqft | AED 4.7MAED 4,700,000 · Aug 2010August 2010 | 614,800 /yr |
PH-02, Royal Oceanic Tower in numbers
- Sold 4 times: first on 18 February 2010 for AED 5,500,000, last on 27 June 2021 for AED 3,425,000 (AED 554 per sqft).
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 350,000 to AED 267,692 in 2019 and recovered to AED 880,000 by June 2025.
- At AED 880,000 a year the gross yield on the 2021 price is 25.7%, before a service charge of about AED 129,800 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 20 June 2025.
Questions about PH-02, Royal Oceanic Tower
What did unit PH-02 last sell for?
AED 3,425,000 on 27 June 2021: AED 554 per sqft for 6,178 sqft. The unit has 4 registered sales; the first was AED 5,500,000 in February 2010.
What is the rent for unit PH-02?
AED 880,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2025, was AED 880,000; the unit has been rented since October 2014.
How big is unit PH-02?
6,178 sqft (574.0 sqm): a penthouse on the 31st floor of a 31-storey tower completed in 2009.
What is unit PH-02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on PH-02, Royal Oceanic Tower
Starts from the last sale price (AED 3.43M, 27 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,425,000
- Deposit, UAE resident (20%)
- AED 685,000
- Deposit, non-resident (40%)
- AED 1,370,000
- Monthly over 25 years at 3.7%
- AED 14,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →