2703, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Royal Oceanic Tower
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Source: Dubai Land Department. Updated 7 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,710 sqft
- Floor
- 27th of 31
- Parking
- F1-02
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 35,900 /yr
- Last sold
- AED 1.9M · May 2024
- Building
- Royal Oceanic Tower
About 2703, Royal Oceanic Tower
2703 is a two-bedroom apartment of 1,710 sqft on the 27th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 7 May 2024 for AED 1,900,000, or AED 1,111 per sqft, 19% below the AED 1,366 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 100,800 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 35,900 a year.
Sales and rents for 2703 over time
2703 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 2703 sits
All 87 2-beds →2703 last sold in May 2024 at AED 1,111 per sqft, 19% below what two-beds in Royal Oceanic Tower were fetching at the time (AED 1,366). 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. 2703's AED 100,800 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 27th floor
All 224 units in Royal Oceanic Tower2703, Royal Oceanic Tower in numbers
- Sold 3 times: first on 16 April 2009 for AED 1,800,900, last on 7 May 2024 for AED 1,900,000 (AED 1,111 per sqft).
- Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 121,048 to AED 90,000 in 2021 and recovered to AED 100,800 by August 2023.
- At AED 100,800 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 35,900 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 7 May 2024.
Questions about 2703, Royal Oceanic Tower
What did unit 2703 last sell for?
AED 1,900,000 on 7 May 2024: AED 1,111 per sqft for 1,710 sqft. The unit has 3 registered sales; the first was AED 1,800,900 in April 2009.
What is the rent for unit 2703?
AED 100,800 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 96,000; the unit has been rented since November 2014.
How big is unit 2703?
1,710 sqft (158.9 sqm): a two-bedroom apartment on the 27th floor of a 31-storey tower completed in 2009.
What is unit 2703 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 2703, Royal Oceanic Tower
Starts from the last sale price (AED 1.9M, 7 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →