2804, Royal Oceanic Tower
Sold prices and rental history: sold 6 times, last in May 2018, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2804, Royal Oceanic Tower
What is 2804 worth today?
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Source: Dubai Land Department. Updated 1 February 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 720 sqft
- Floor
- 28th of 31
- Parking
- F1-20
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 15,100 /yr
- Last sold
- AED 950K · May 2018
- Building
- Royal Oceanic Tower
About 2804, Royal Oceanic Tower
2804 is a three-bedroom apartment of 720 sqft on the 28th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 22 May 2018 for AED 950,000, or AED 1,319 per sqft, in line with the AED 1,319 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 February 2022. The current contract, signed on 1 February 2022, is AED 160,000 a year: a gross yield of 16.8% on the 2018 price, before the service charge of about AED 15,100 a year.
Sales and rents for 2804 over time
2804 has sold 6 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Royal Oceanic Tower, and where 2804 sits
All 7 3-beds →2804 last sold in May 2018 at AED 1,319 per sqft, in line with what three-beds in Royal Oceanic Tower were fetching at the time (AED 1,319).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Oct 20243 October 2024 | 2,477 sqft | 3,550,000 | 1,432 | ||
| 11 Dec 202311 December 2023 | 2,713 sqft | 3,500,000 | 1,290 | ||
| 1 Nov 20221 November 2022 | 2,507 sqft | 4,200,000 | 1,675 | ||
| 16 Apr 201416 April 2014 | 2,477 sqft | 3,700,000 | 1,493 |
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 28th floor
All 224 units in Royal Oceanic Tower2804, Royal Oceanic Tower in numbers
- Sold 6 times: first on 8 December 2009 for AED 3,069,850, last on 22 May 2018 for AED 950,000 (AED 1,319 per sqft).
- Rented since February 2022 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 16.8%, before a service charge of about AED 15,100 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 1 February 2022.
Questions about 2804, Royal Oceanic Tower
What did unit 2804 last sell for?
AED 950,000 on 22 May 2018: AED 1,319 per sqft for 720 sqft. The unit has 6 registered sales; the first was AED 3,069,850 in December 2009.
What is the rent for unit 2804?
AED 160,000 a year on the contract signed on 1 February 2022.
How big is unit 2804?
720 sqft (66.9 sqm): a three-bedroom apartment on the 28th floor of a 31-storey tower completed in 2009.
What is unit 2804 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 2804, Royal Oceanic Tower
Starts from the last sale price (AED 950K, 22 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →