Studio · 559 sqftRoyal Oceanic Tower, Dubai Marina · 2nd floor · completed 2009

212, Royal Oceanic Tower

Sold prices and rental history: sold 5 times, last in October 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.05M11 October 2023
Current rentAED 74K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Royal Oceanic Tower

What is 212 worth today?

Last sold for AED 1,050,000 in 2023

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1 May 2025RentedNew contract
AED 74,000/yr12 months · AED 132 per sqft
11 Oct 2023SoldReady
AED 1,050,000AED 1,876 per sqft
30 May 2022RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
31 May 2021SoldReady
AED 620,000AED 1,108 per sqft
1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
29 Nov 2010SoldReady
AED 450,000AED 804 per sqft
17 Aug 2010SoldReady
AED 881,080AED 1,575 per sqft
5 May 2009Sold by developerOff-plan
AED 881,080AED 1,575 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
559 sqft
Floor
2nd of 31
Parking
B2-12
Developer
Global Group Holdings
Completed
2009
Service charge
AED 11,800 /yr
Last sold
AED 1.05M · October 2023

About 212, Royal Oceanic Tower

212 is a studio of 559 sqft on the 2nd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 11 October 2023 for AED 1,050,000, or AED 1,876 per sqft, 23% above the AED 1,531 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 May 2025, is AED 74,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 11,800 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,015,000; 2015 AED 1,000,000; 2017 AED 935,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2025 AED 970,000Sold by developer, May 2009: AED 881,080 (AED 1,575 per sqft)Sold, August 2010: AED 881,080 (AED 1,575 per sqft)Sold, November 2010: AED 450,000 (AED 804 per sqft)Sold, May 2021: AED 620,000 (AED 1,108 per sqft)Sold, October 2023: AED 1,050,000 (AED 1,876 per sqft)

212 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 212, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, April 2019: AED 60,000 a yearNew contract, May 2022: AED 60,000 a yearNew contract, May 2025: AED 74,000 a year

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 212 sits

All 78 studios →

212 last sold in October 2023 at AED 1,876 per sqft, 23% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,531). 212's AED 74,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2025970,000
4 Jun 20251,010,000
2 Jun 20251,030,000
28 Feb 2025950,000
0 studio sales in the last 12 months

Royal Oceanic Tower

Building

224 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%
Royal Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 2nd floor

All 224 units in Royal Oceanic Tower
Value
201StudioAED 725K · Apr 2022
2031-bedAED 1.25M · Jul 2014
2041-bedAED 830K · Feb 2013
205StudioAED 550K · Oct 2019
206StudioAED 205K · Mar 2011
207StudioAED 500K · Jun 2012
208StudioAED 550K · Sep 2019
1–7 of 10

212, Royal Oceanic Tower in numbers

  • Sold 5 times: first on 5 May 2009 for AED 881,080, last on 11 October 2023 for AED 1,050,000 (AED 1,876 per sqft).
  • Rented since April 2019 on 3 Ejari contracts, from AED 60,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 11,800 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 212, Royal Oceanic Tower

What did unit 212 last sell for?

AED 1,050,000 on 11 October 2023: AED 1,876 per sqft for 559 sqft. The unit has 5 registered sales; the first was AED 881,080 in May 2009.

What is the rent for unit 212?

AED 74,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2022, was AED 60,000; the unit has been rented since April 2019.

How big is unit 212?

559 sqft (51.9 sqm): a studio on the 2nd floor of a 31-storey tower completed in 2009.

What is unit 212 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 212, Royal Oceanic Tower

Starts from the last sale price (AED 1.05M, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →