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2-bed · 1,203 sqftRoyal Oceanic Tower, Dubai Marina · 22nd floor · completed 2009

2205, Royal Oceanic Tower

Sold prices and rental history: sold twice, last in April 2019, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 14 April 2019
Last soldAED 1.38M14 April 2019
Current rentAED 140K /yr1 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2205, Royal Oceanic Tower

What is 2205 worth today?

Last sold for AED 1,380,000 in 2019

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14 Apr 2019SoldReady
AED 1,380,000AED 1,146 per sqft
1 Nov 2013RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
28 Dec 2011Sold by developerReady
AED 1,166,910AED 969 per sqft

Source: Dubai Land Department. Updated 14 April 2019.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
22nd of 31
Parking
F1-23
Developer
Global Group Holdings
Completed
2009
Service charge
AED 25,300 /yr
Last sold
AED 1.38M · April 2019
Building
Royal Oceanic Tower

About 2205, Royal Oceanic Tower

2205 is a two-bedroom apartment of 1,203 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 14 April 2019 for AED 1,380,000, or AED 1,146 per sqft.

One Ejari contract is registered, from 1 November 2013. The current contract, signed on 1 November 2013, is AED 140,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 25,300 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, each saleTypical two-bed in Royal Oceanic Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,689,714; 2010 AED 1,668,068; 2011 AED 1,330,000; 2012 AED 1,152,550; 2013 AED 1,712,500; 2014 AED 2,350,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2017 AED 1,850,000; 2019 AED 1,450,000; 2020 AED 900,000; 2021 AED 1,000,000; 2022 AED 1,450,000; 2023 AED 1,665,000; 2024 AED 2,000,000; 2025 AED 2,250,000Sold by developer, December 2011: AED 1,166,910 (AED 969 per sqft)Sold, April 2019: AED 1,380,000 (AED 1,146 per sqft)

2205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2205, each contractTypical two-bed in Royal Oceanic Tower
100K125K2012201620202024Typical rent by year: 2012 AED 102,733; 2013 AED 125,000; 2014 AED 130,000; 2015 AED 134,050; 2016 AED 135,000; 2017 AED 127,250; 2018 AED 120,000; 2019 AED 107,353; 2020 AED 85,500; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,625; 2025 AED 135,000; 2026 AED 134,000New contract, November 2013: AED 140,000 a year

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 2205 sits

All 87 2-beds →

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. 2205's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jan 20262,070,000
22 Jan 20261,820,000
30 Dec 202581,769
19 Dec 20252,900,000
6 2-bed 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 22nd floor

All 224 units in Royal Oceanic Tower
Value
22012-bedAED 3.03M · Mar 2014
22022-bedAED 1M · Feb 2012
22032-bedAED 1.73M · May 2013
22042-bedAED 1.53M · Jul 2023
22062-bedAED 2.95M · Apr 2014

2205, Royal Oceanic Tower in numbers

  • Sold twice: first on 28 December 2011 for AED 1,166,910, last on 14 April 2019 for AED 1,380,000 (AED 1,146 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 10.1%, 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 14 April 2019.

Questions about 2205, Royal Oceanic Tower

What did unit 2205 last sell for?

AED 1,380,000 on 14 April 2019: AED 1,146 per sqft for 1,203 sqft. The unit has 2 registered sales; the first was AED 1,166,910 in December 2011.

What is the rent for unit 2205?

AED 140,000 a year on the contract signed on 1 November 2013.

How big is unit 2205?

1,203 sqft (111.8 sqm): a two-bedroom apartment on the 22nd floor of a 31-storey tower completed in 2009.

What is unit 2205 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 2205, Royal Oceanic Tower

Starts from the last sale price (AED 1.38M, 14 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus AED 62,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →