1504, Royal Oceanic Tower
Sold prices and rental history: sold 5 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Royal Oceanic Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 15th of 31
- Parking
- B1-44
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 1.93M · February 2025
- Building
- Royal Oceanic Tower
About 1504, Royal Oceanic Tower
1504 is a two-bedroom apartment of 1,310 sqft on the 15th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 5 February 2025 for AED 1,925,000, or AED 1,469 per sqft, 4% below the AED 1,527 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 96,800 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 27,500 a year.
Sales and rents for 1504 over time
1504 has sold 5 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Royal Oceanic Tower, and where 1504 sits
All 87 2-beds →1504 last sold in February 2025 at AED 1,469 per sqft, 4% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,527). Over the last 12 months two-beds sold for AED 1,000,000 to 2,900,000, around AED 1,662 per sqft, and rent for AED 130,000 to 250,000 a year. 1504's AED 96,800 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jan 202626 January 2026 | 1,203 sqft | 2,070,000 | 1,720 | ||
| 22 Jan 202622 January 2026 | 1,203 sqft | 1,820,000 | 1,512 | ||
| 30 Dec 202530 December 2025 | 1,339 sqft | 81,769 | 61 | ||
| 19 Dec 202519 December 2025 | 1,610 sqft | 2,900,000 | 1,801 |
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 15th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,610 sqft | AED 1.88MAED 1,876,379 · Aug 2010August 2010 | 100,000 /yr | |
| 1502 | 2-bed | 1,253 sqft | AED 2MAED 2,000,000 · Dec 2016December 2016 | 72,000 /yr | |
| 1503 | 2-bed | 1,339 sqft | AED 1.35MAED 1,345,719 · Aug 2010August 2010 | 120,605 /yr | |
| 1505 | 2-bed | 1,203 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | 113,850 /yr | |
| 1506 | 2-bed | 1,693 sqft | AED 2.33MAED 2,330,000 · May 2013May 2013 |
1504, Royal Oceanic Tower in numbers
- Sold 5 times: first on 12 February 2009 for AED 1,162,986, last on 5 February 2025 for AED 1,925,000 (AED 1,469 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 125,000 to AED 96,800 a year.
- At AED 96,800 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 27,500 a year (AED 21.01 per sqft).
- Two-beds in Royal Oceanic Tower sold for AED 1,000,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,662 per sqft.
Source: Dubai Land Department. Updated 5 February 2025.
Questions about 1504, Royal Oceanic Tower
What did unit 1504 last sell for?
AED 1,925,000 on 5 February 2025: AED 1,469 per sqft for 1,310 sqft. The unit has 5 registered sales; the first was AED 1,162,986 in February 2009.
What is the rent for unit 1504?
AED 96,800 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 88,000; the unit has been rented since October 2013.
How big is unit 1504?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 15th floor of a 31-storey tower completed in 2009.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Royal Oceanic Tower sold for AED 1,000,000 to 2,900,000 in the last 12 months, around AED 1,662 per sqft.
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Mortgage on 1504, Royal Oceanic Tower
Starts from the last sale price (AED 1.93M, 5 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,925,000
- Deposit, UAE resident (20%)
- AED 385,000
- Deposit, non-resident (40%)
- AED 770,000
- Monthly over 25 years at 3.7%
- AED 7,876
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →