2203, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, Royal Oceanic Tower
What is 2203 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 22nd of 31
- Parking
- B1-99
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 28,100 /yr
- Last sold
- AED 1.73M · May 2013
- Building
- Royal Oceanic Tower
About 2203, Royal Oceanic Tower
2203 is a two-bedroom apartment of 1,339 sqft on the 22nd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 20 May 2013 for AED 1,725,000, or AED 1,288 per sqft, 12% above the AED 1,149 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 115,500 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 28,100 a year.
Sales and rents for 2203 over time
2203 has sold 3 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 2203 sits
All 87 2-beds →2203 last sold in May 2013 at AED 1,288 per sqft, 12% above what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,149). 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. 2203's AED 115,500 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 22nd floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,610 sqft | AED 3.03MAED 3,025,000 · Mar 2014March 2014 | 96,600 /yr | |
| 2202 | 2-bed | 1,253 sqft | AED 1MAED 1,000,000 · Feb 2012February 2012 | ||
| 2204 | 2-bed | 1,310 sqft | AED 1.53MAED 1,530,000 · Jul 2023July 2023 | 250,000 /yr | |
| 2205 | 2-bed | 1,203 sqft | AED 1.38MAED 1,380,000 · Apr 2019April 2019 | 140,000 /yr | |
| 2206 | 2-bed | 846 sqft | AED 2.95MAED 2,950,000 · Apr 2014April 2014 | 125,000 /yr |
2203, Royal Oceanic Tower in numbers
- Sold 3 times: first on 8 December 2009 for AED 1,609,200, last on 20 May 2013 for AED 1,725,000 (AED 1,288 per sqft).
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 115,500 by October 2024.
- At AED 115,500 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 28,100 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 16 October 2024.
Questions about 2203, Royal Oceanic Tower
What did unit 2203 last sell for?
AED 1,725,000 on 20 May 2013: AED 1,288 per sqft for 1,339 sqft. The unit has 3 registered sales; the first was AED 1,609,200 in December 2009.
What is the rent for unit 2203?
AED 115,500 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 105,000; the unit has been rented since September 2017.
How big is unit 2203?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 22nd floor of a 31-storey tower completed in 2009.
What is unit 2203 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 2203, Royal Oceanic Tower
Starts from the last sale price (AED 1.73M, 20 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus AED 77,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →