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2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 18th floor

1804, Oceanic Tower

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 1.8M6 October 2022
Current rentAED 106K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1804, Oceanic Tower

What is 1804 worth today?

Last sold for AED 1,800,000 in 2022

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10 Jul 2023RentedNew contract
AED 106,000/yr12 months · AED 57 per sqft
6 Oct 2022SoldReady
AED 1,800,000AED 966 per sqft
10 Jul 2022RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
10 Jul 2021RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
3 Jan 2018SoldReady
AED 2,225,000AED 1,194 per sqft
21 May 2013Sold by developerReady
AED 1,356,000AED 728 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
18th of 32
Parking
B3-295
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 1.8M · October 2022
Building
Oceanic Tower

About 1804, Oceanic Tower

1804 is a two-bedroom apartment of 1,862 sqft on the 18th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 6 October 2022 for AED 1,800,000, or AED 966 per sqft, 12% below the AED 1,100 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 July 2023, is AED 106,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 39,100 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, each saleTypical two-bed in Oceanic Tower
2M3M20092013201720212025Typical sale price by year: 2009 AED 1,650,000; 2010 AED 1,945,000; 2011 AED 1,367,000; 2012 AED 1,427,000; 2013 AED 1,407,500; 2014 AED 2,725,000; 2015 AED 2,759,250; 2016 AED 2,000,000; 2018 AED 2,200,000; 2021 AED 1,577,500; 2022 AED 1,975,000; 2023 AED 2,350,000; 2024 AED 2,425,000Sold by developer, May 2013: AED 1,356,000 (AED 728 per sqft)Sold, January 2018: AED 2,225,000 (AED 1,194 per sqft)Sold, October 2022: AED 1,800,000 (AED 966 per sqft)

1804 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1804, each contractTypical two-bed in Oceanic Tower
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 112,500; 2023 AED 132,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 150,000New contract, July 2021: AED 90,000 a yearRenewal, July 2022: AED 95,000 a yearNew contract, July 2023: AED 106,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceanic Tower, and where 1804 sits

All 70 2-beds →

1804 last sold in October 2022 at AED 966 per sqft, 12% below what two-beds in Oceanic Tower were fetching at the time (AED 1,100). Over the last 12 months two-beds sold for AED 2,850,000 to 3,400,000, around AED 1,568 per sqft, and rent for AED 80,000 to 195,000 a year. 1804's AED 106,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20263,400,000
20 Jan 20262,850,000
15 May 20252,600,000
20 Jan 20253,135,000
3 2-bed sales in the last 12 months

Oceanic Tower

Building

122 apartments, 2-bed to 4-bed over 32 floors in Dubai Marina by Trident International Holding. 4 sold in the last 12 months.

Typical price per sqft
AED 1,519
Typical sale
AED 3.1M
Typical rent
AED 153K /yr
Typical yield
5.3%
Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 18th floor

All 122 units in Oceanic Tower
Value
18013-bedAED 1.87M · May 2013
18023-bedAED 1.8M · Apr 2013
18032-bedAED 2.35M · Sep 2016

1804, Oceanic Tower in numbers

  • Sold 3 times: first on 21 May 2013 for AED 1,356,000, last on 6 October 2022 for AED 1,800,000 (AED 966 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 90,000 to AED 106,000 a year.
  • At AED 106,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 39,100 a year (AED 21.01 per sqft).
  • Two-beds in Oceanic Tower sold for AED 2,850,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,519 per sqft.

Source: Dubai Land Department. Updated 10 July 2023.

Questions about 1804, Oceanic Tower

What did unit 1804 last sell for?

AED 1,800,000 on 6 October 2022: AED 966 per sqft for 1,862 sqft. The unit has 3 registered sales; the first was AED 1,356,000 in May 2013.

What is the rent for unit 1804?

AED 106,000 a year on the contract signed on 10 July 2023. The previous contract, from July 2022, was AED 95,000; the unit has been rented since July 2021.

How big is unit 1804?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 18th floor of a 32-storey tower.

What is unit 1804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceanic Tower sold for AED 2,850,000 to 3,400,000 in the last 12 months, around AED 1,568 per sqft.

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Mortgage on 1804, Oceanic Tower

Starts from the last sale price (AED 1.8M, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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