3-bed · 2,273 sqftOceanic Tower, Dubai Marina · 24th floor

2402, Oceanic Tower

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 2.3M27 May 2019
Current rentAED 310K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Oceanic Tower

What is 2402 worth today?

Last sold for AED 2,300,000 in 2019

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18 Nov 2024RentedNew contract
AED 310,000/yr12 months · AED 136 per sqft
6 Jul 2022RentedNew contract
AED 230,000/yr12 months · AED 101 per sqft
4 Jul 2021RentedRenewal
AED 165,000/yr12 months · AED 73 per sqft
4 Jul 2020RentedRenewal
AED 165,000/yr12 months · AED 73 per sqft
4 Jul 2019RentedNew contract
AED 178,000/yr12 months · AED 78 per sqft
27 May 2019SoldReady
AED 2,300,000AED 1,011 per sqft
12 Sep 2012SoldReady
AED 2,950,000AED 1,297 per sqft
9 Sep 2012Sold by developerReady
AED 1,846,000AED 812 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
3-bed apartment
Size
2,273 sqft
Floor
24th of 32
Parking
119, 120
Developer
Trident International Holding
Service charge
AED 47,800 /yr
Last sold
AED 2.3M · May 2019

About 2402, Oceanic Tower

2402 is a three-bedroom apartment of 2,273 sqft on the 24th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 27 May 2019 for AED 2,300,000, or AED 1,011 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 18 November 2024, is AED 310,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 47,800 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical three-bed in Oceanic Tower
2M4M20092013201720212025Typical sale price by year: 2009 AED 2,206,000; 2010 AED 1,884,900; 2011 AED 1,884,900; 2012 AED 1,850,261; 2013 AED 1,877,000; 2014 AED 4,150,000; 2015 AED 3,800,000; 2017 AED 3,312,500; 2019 AED 2,300,000; 2021 AED 2,167,300; 2023 AED 3,700,000; 2024 AED 3,550,000Sold, September 2012: AED 2,950,000 (AED 1,297 per sqft)Sold by developer, September 2012: AED 1,846,000 (AED 812 per sqft)Sold, May 2019: AED 2,300,000 (AED 1,011 per sqft)

2402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2402, each contractTypical three-bed in Oceanic Tower
200K300K2012201620202024Typical rent by year: 2012 AED 185,000; 2013 AED 200,000; 2014 AED 215,000; 2015 AED 220,000; 2016 AED 220,000; 2017 AED 212,500; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 139,000; 2021 AED 147,500; 2022 AED 165,000; 2023 AED 172,500; 2024 AED 220,000; 2025 AED 220,000New contract, July 2019: AED 178,000 a yearRenewal, July 2020: AED 165,000 a yearRenewal, July 2021: AED 165,000 a yearNew contract, July 2022: AED 230,000 a yearNew contract, November 2024: AED 310,000 a year

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

3-beds in Oceanic Tower, and where 2402 sits

All 45 3-beds →

Over the last 12 months three-beds sold for AED 3,300,000, around AED 1,347 per sqft, and rent for AED 192,937 to 198,450 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Feb 20263,300,000
25 Feb 20254,300,000
13 Nov 20243,400,000
3 Jul 20243,700,000
1 3-bed sale 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 24th floor

All 122 units in Oceanic Tower
Value
24013-bedAED 2.87M · Nov 2012
24032-bedAED 2.85M · Jan 2026
24042-bedAED 1.74M · May 2023

2402, Oceanic Tower in numbers

  • Sold 3 times: first on 9 September 2012 for AED 1,846,000, last on 27 May 2019 for AED 2,300,000 (AED 1,011 per sqft).
  • Rented since July 2019 on 5 Ejari contracts, from AED 178,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2019 price is 13.5%, before a service charge of about AED 47,800 a year (AED 21.01 per sqft).
  • Three-beds in Oceanic Tower sold for AED 3,300,000–3,300,000 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 18 November 2024.

Questions about 2402, Oceanic Tower

What did unit 2402 last sell for?

AED 2,300,000 on 27 May 2019: AED 1,011 per sqft for 2,273 sqft. The unit has 3 registered sales; the first was AED 1,846,000 in September 2012.

What is the rent for unit 2402?

AED 310,000 a year on the contract signed on 18 November 2024. The previous contract, from July 2022, was AED 230,000; the unit has been rented since July 2019.

How big is unit 2402?

2,273 sqft (211.2 sqm): a three-bedroom apartment on the 24th floor of a 32-storey tower.

What is unit 2402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceanic Tower sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 1,347 per sqft.

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Mortgage on 2402, Oceanic Tower

Starts from the last sale price (AED 2.3M, 27 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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