1604, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Royal Oceanic Tower
What is 1604 worth today?
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Source: Dubai Land Department. Updated 8 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,310 sqft
- Floor
- 16th of 31
- Parking
- B1-50
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 27,500 /yr
- Last sold
- AED 2.35M · October 2014
- Building
- Royal Oceanic Tower
About 1604, Royal Oceanic Tower
1604 is a two-bedroom apartment of 1,310 sqft on the 16th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 29 October 2014 for AED 2,350,000, or AED 1,794 per sqft, 4% above the AED 1,717 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 126,500 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 27,500 a year.
Sales and rents for 1604 over time
1604 has sold 4 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 1604 sits
All 87 2-beds →1604 last sold in October 2014 at AED 1,794 per sqft, 4% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,717). 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. 1604's AED 126,500 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 16th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,610 sqft | AED 2.3MAED 2,300,000 · Oct 2013October 2013 | 97,500 /yr | |
| 1602 | 2-bed | 1,253 sqft | AED 1.7MAED 1,703,347 · Aug 2010August 2010 | 75,600 /yr | |
| 1603 | 2-bed | 1,339 sqft | AED 1.45MAED 1,450,000 · Dec 2022December 2022 | 140,000 /yr | |
| 1605 | 2-bed | 1,203 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1606 | 2-bed | 1,693 sqft | AED 3.05MAED 3,050,000 · May 2014May 2014 | 95,000 /yr |
1604, Royal Oceanic Tower in numbers
- Sold 4 times: first on 15 April 2009 for AED 1,382,547, last on 29 October 2014 for AED 2,350,000 (AED 1,794 per sqft).
- Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 122,000 to AED 90,000 in 2021 and recovered to AED 126,500 by April 2025.
- At AED 126,500 a year the gross yield on the 2014 price is 5.4%, 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 8 April 2025.
Questions about 1604, Royal Oceanic Tower
What did unit 1604 last sell for?
AED 2,350,000 on 29 October 2014: AED 1,794 per sqft for 1,310 sqft. The unit has 4 registered sales; the first was AED 1,382,547 in April 2009.
What is the rent for unit 1604?
AED 126,500 a year on the contract renewed on 8 April 2025. The previous contract, from April 2023, was AED 104,500; the unit has been rented since May 2019.
How big is unit 1604?
1,310 sqft (121.7 sqm): a two-bedroom apartment on the 16th floor of a 31-storey tower completed in 2009.
What is unit 1604 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 1604, Royal Oceanic Tower
Starts from the last sale price (AED 2.35M, 29 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →