1705, Royal Oceanic Tower
Sold prices and rental history: sold once, by the developer in December 2011, 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 1705, Royal Oceanic Tower
What is 1705 worth today?
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Source: Dubai Land Department. Updated 26 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,203 sqft
- Floor
- 17th of 31
- Parking
- F1-24
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.4M · December 2011
- Building
- Royal Oceanic Tower
About 1705, Royal Oceanic Tower
1705 is a two-bedroom apartment of 1,203 sqft on the 17th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. The developer sold it on 20 December 2011 for AED 1,400,000, or AED 1,163 per sqft, 9% above the AED 1,071 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 26 June 2024, is AED 130,000 a year: a gross yield of 9.3% on the 2011 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1705 over time
1705 has sold once; 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 1705 sits
All 87 2-beds →1705 last sold in December 2011 at AED 1,163 per sqft, 9% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,071). 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. 1705's AED 130,000 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 17th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,610 sqft | AED 1.99MAED 1,986,950 · Aug 2010August 2010 | 90,000 /yr | |
| 1702 | 2-bed | 1,253 sqft | AED 1.3MAED 1,300,000 · Jul 2022July 2022 | 96,800 /yr | |
| 1703 | 2-bed | 1,339 sqft | AED 1.42MAED 1,418,927 · Aug 2010August 2010 | 130,000 /yr | |
| 1704 | 2-bed | 1,310 sqft | AED 2.28MAED 2,280,000 · May 2024May 2024 | 145,000 /yr | |
| 1706 | 2-bed | 1,693 sqft | AED 1.67MAED 1,673,751 · Aug 2010August 2010 | 170,000 /yr |
1705, Royal Oceanic Tower in numbers
- Sold once: by Global Group Holdings on 20 December 2011 for AED 1,400,000, or AED 1,163 per sqft.
- Rented since September 2013 on 8 Ejari contracts, from AED 95,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2011 price is 9.3%, before a service charge of about AED 25,300 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 26 June 2024.
Questions about 1705, Royal Oceanic Tower
What did unit 1705 last sell for?
AED 1,400,000 on 20 December 2011, sold by the developer: AED 1,163 per sqft for 1,203 sqft. It is the only registered sale of the unit.
What is the rent for unit 1705?
AED 130,000 a year on the contract renewed on 26 June 2024. The previous contract, from December 2022, was AED 90,000; the unit has been rented since September 2013.
How big is unit 1705?
1,203 sqft (111.8 sqm): a two-bedroom apartment on the 17th floor of a 31-storey tower completed in 2009.
What is unit 1705 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 1705, Royal Oceanic Tower
Starts from the last sale price (AED 1.4M, 20 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →