3003, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3003, Royal Oceanic Tower
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Source: Dubai Land Department. Updated 15 November 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,922 sqft
- Floor
- 30th of 31
- Parking
- F1-30,33
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 61,400 /yr
- Last sold
- AED 4.5M · November 2022
- Building
- Royal Oceanic Tower
About 3003, Royal Oceanic Tower
3003 is a four-bedroom apartment of 2,922 sqft on the 30th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 15 November 2022 for AED 4,500,000, or AED 1,540 per sqft.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 160,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 61,400 a year.
4-beds in Royal Oceanic Tower, and where 3003 sits
All 4 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202317 January 2023 | 2,920 sqft | 4,200,000 | 1,438 | ||
| 10 Jun 202210 June 2022 | 2,920 sqft | 3,200,000 | 1,095 | ||
| 9 Sep 20209 September 2020 | 2,920 sqft | 2,400,000 | 821 | ||
| 15 Jan 202015 January 2020 | 2,920 sqft | 2,400,000 | 821 |
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 30th floor
All 224 units in Royal Oceanic Tower3003, Royal Oceanic Tower in numbers
- Sold twice: first on 19 April 2011 for AED 3,671,250, last on 15 November 2022 for AED 4,500,000 (AED 1,540 per sqft).
- Rented since April 2012 on 6 Ejari contracts, from AED 225,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 61,400 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 15 November 2022.
Questions about 3003, Royal Oceanic Tower
What did unit 3003 last sell for?
AED 4,500,000 on 15 November 2022: AED 1,540 per sqft for 2,922 sqft. The unit has 2 registered sales; the first was AED 3,671,250 in April 2011.
What is the rent for unit 3003?
AED 160,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2020, was AED 180,000; the unit has been rented since April 2012.
How big is unit 3003?
2,922 sqft (271.5 sqm): a four-bedroom apartment on the 30th floor of a 31-storey tower completed in 2009.
What is unit 3003 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 3003, Royal Oceanic Tower
Starts from the last sale price (AED 4.5M, 15 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →