702, Oceanic Tower
Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Oceanic Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 12 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,449 sqft
- Floor
- 7th of 32
- Parking
- B3-240, B3-241
- Developer
- Trident International Holding
- Service charge
- AED 51,500 /yr
- Last sold
- AED 3.7M · December 2023
- Building
- Oceanic Tower
About 702, Oceanic Tower
702 is a three-bedroom apartment of 2,449 sqft on the 7th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 12 December 2023 for AED 3,700,000, or AED 1,510 per sqft, in line with the AED 1,525 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 185,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 51,500 a year.
Sales and rents for 702 over time
702 has sold 5 times; the dashed line is the three-bed median of each year in the building.
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 702 sits
All 45 3-beds →702 last sold in December 2023 at AED 1,510 per sqft, in line with what three-beds in Oceanic Tower were fetching at the time (AED 1,525). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 2,449 sqft | 3,300,000 | 1,347 | ||
| 25 Feb 202525 February 2025 | 2,449 sqft | 4,300,000 | 1,755 | ||
| 13 Nov 202413 November 2024 | 2,449 sqft | 3,400,000 | 1,388 | ||
| 3 Jul 20243 July 2024 | 2,491 sqft | 3,700,000 | 1,485 |
Oceanic Tower
Building122 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%
Other units on the 7th floor
All 122 units in Oceanic Tower702, Oceanic Tower in numbers
- Sold 5 times: first on 2 April 2009 for AED 2,206,000, last on 12 December 2023 for AED 3,700,000 (AED 1,510 per sqft).
- Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 160,000 in 2021 and recovered to AED 185,000 by September 2022.
- At AED 185,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 51,500 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 12 December 2023.
Questions about 702, Oceanic Tower
What did unit 702 last sell for?
AED 3,700,000 on 12 December 2023: AED 1,510 per sqft for 2,449 sqft. The unit has 5 registered sales; the first was AED 2,206,000 in April 2009.
What is the rent for unit 702?
AED 185,000 a year on the contract renewed on 1 September 2022. The previous contract, from February 2022, was AED 160,001; the unit has been rented since November 2012.
How big is unit 702?
2,449 sqft (227.5 sqm): a three-bedroom apartment on the 7th floor of a 32-storey tower.
What is unit 702 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 702, Oceanic Tower
Starts from the last sale price (AED 3.7M, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →