1011, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Royal Oceanic Tower
What is 1011 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 658 sqft
- Floor
- 10th of 31
- Parking
- B1-14
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,800 /yr
- Last sold
- AED 470K · December 2013
- Building
- Royal Oceanic Tower
About 1011, Royal Oceanic Tower
1011 is a studio of 658 sqft on the 10th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 17 December 2013 for AED 470,000, or AED 713 per sqft, 38% below the AED 1,146 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 6 October 2025, is AED 72,000 a year: a gross yield of 15.3% on the 2013 price, before the service charge of about AED 13,800 a year.
Sales and rents for 1011 over time
1011 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1011 sits
All 78 studios →1011 last sold in December 2013 at AED 713 per sqft, 38% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,146). 1011's AED 72,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 514 sqft | 970,000 | 1,887 | ||
| 4 Jun 20254 June 2025 | 514 sqft | 1,010,000 | 1,965 | ||
| 2 Jun 20252 June 2025 | 654 sqft | 1,030,000 | 1,575 | ||
| 28 Feb 202528 February 2025 | 654 sqft | 950,000 | 1,452 |
Royal Oceanic Tower
Building224 apartments, studios to 4-bed over 31 floors in Dubai Marina, completed in 2009 by Global Group Holdings. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,662
- Typical sale
- AED 2.07M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.8%
Other units on the 10th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 565 sqft | AED 925KAED 925,000 · Aug 2017August 2017 | 78,000 /yr | |
| 1002 | Studio | 654 sqft | AED 800KAED 800,000 · Sep 2021September 2021 | 43,000 /yr | |
| 1003 | 1-bed | 764 sqft | AED 1MAED 1,000,000 · Nov 2010November 2010 | 84,000 /yr | |
| 1004 | 1-bed | 764 sqft | AED 1.18MAED 1,180,000 · Sep 2024September 2024 | 55,200 /yr | |
| 1005 | Studio | 634 sqft | AED 756KAED 755,626 · Aug 2010August 2010 | 66,000 /yr | |
| 1006 | Studio | 514 sqft | AED 872KAED 872,000 · Mar 2017March 2017 | 55,440 /yr | |
| 1007 | Studio | 514 sqft | AED 945KAED 945,000 · Nov 2017November 2017 | 67,000 /yr | |
| 1008 | Studio | 621 sqft | AED 650KAED 650,000 · Mar 2013March 2013 | 86,000 /yr | |
| 1009 | 1-bed | 787 sqft | AED 1.34MAED 1,340,000 · May 2025May 2025 | 115,000 /yr | |
| 1010 | 1-bed | 792 sqft | AED 950KAED 950,420 · Aug 2010August 2010 | 66,066 /yr | |
| 1012 | Studio | 559 sqft | AED 810KAED 810,000 · May 2022May 2022 | 68,000 /yr |
1011, Royal Oceanic Tower in numbers
- Sold 3 times: first on 12 February 2009 for AED 769,477, last on 17 December 2013 for AED 470,000 (AED 713 per sqft).
- Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 72,000 by October 2025.
- At AED 72,000 a year the gross yield on the 2013 price is 15.3%, before a service charge of about AED 13,800 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 6 October 2025.
Questions about 1011, Royal Oceanic Tower
What did unit 1011 last sell for?
AED 470,000 on 17 December 2013: AED 713 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 769,477 in February 2009.
What is the rent for unit 1011?
AED 72,000 a year on the contract renewed on 6 October 2025. The previous contract, from October 2024, was AED 72,000; the unit has been rented since May 2015.
How big is unit 1011?
658 sqft (61.1 sqm): a studio on the 10th floor of a 31-storey tower completed in 2009.
What is unit 1011 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 1011, Royal Oceanic Tower
Starts from the last sale price (AED 470K, 17 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →