306, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Royal Oceanic Tower
What is 306 worth today?
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Source: Dubai Land Department. Updated 11 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 3rd of 31
- Parking
- B2-62
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 720K · January 2014
- Building
- Royal Oceanic Tower
About 306, Royal Oceanic Tower
306 is a studio of 514 sqft on the 3rd floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 28 January 2014 for AED 720,000, or AED 1,401 per sqft, 22% above the AED 1,146 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 11 March 2025, is AED 70,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 10,800 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Royal Oceanic Tower, and where 306 sits
All 78 studios →306 last sold in January 2014 at AED 1,401 per sqft, 22% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,146). 306's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 514 sqft | 970,000 | 1,887 | ||
| 4 Jun 20254 June 2025 | 514 sqft | 1,010,000 | 1,965 | ||
| 2 Jun 20252 June 2025 | 654 sqft | 1,030,000 | 1,575 | ||
| 28 Feb 202528 February 2025 | 654 sqft | 950,000 | 1,452 |
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 3rd floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 565 sqft | AED 780KAED 780,000 · Dec 2022December 2022 | 70,000 /yr | |
| 302 | Studio | 654 sqft | AED 950KAED 950,000 · Feb 2025February 2025 | 60,000 /yr | |
| 303 | 1-bed | 764 sqft | AED 830KAED 830,000 · Feb 2013February 2013 | 85,000 /yr | |
| 304 | 1-bed | 764 sqft | AED 950KAED 950,000 · May 2022May 2022 | 80,000 /yr | |
| 305 | Studio | 634 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 52,000 /yr | |
| 307 | Studio | 514 sqft | AED 424KAED 423,692 · Aug 2010August 2010 | 62,700 /yr | |
| 308 | Studio | 621 sqft | AED 620KAED 620,000 · Mar 2013March 2013 | 57,000 /yr | |
| 309 | 1-bed | 787 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 75,000 /yr | |
| 310 | 1-bed | 792 sqft | AED 670KAED 670,000 · Apr 2021April 2021 | 70,000 /yr | |
| 311 | Studio | 658 sqft | AED 1.2MAED 1,200,000 · Dec 2014December 2014 | 54,838 /yr | |
| 312 | Studio | 559 sqft | AED 810KAED 810,000 · Apr 2023April 2023 | 75,000 /yr |
306, Royal Oceanic Tower in numbers
- Sold twice: first on 26 December 2012 for AED 711,100, last on 28 January 2014 for AED 720,000 (AED 1,401 per sqft).
- Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 70,000 by March 2025.
- At AED 70,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 10,800 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 11 March 2025.
Questions about 306, Royal Oceanic Tower
What did unit 306 last sell for?
AED 720,000 on 28 January 2014: AED 1,401 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 711,100 in December 2012.
What is the rent for unit 306?
AED 70,000 a year on the contract renewed on 11 March 2025. The previous contract, from March 2024, was AED 70,000; the unit has been rented since September 2016.
How big is unit 306?
514 sqft (47.8 sqm): a studio on the 3rd floor of a 31-storey tower completed in 2009.
What is unit 306 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 306, Royal Oceanic Tower
Starts from the last sale price (AED 720K, 28 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →