403, Royal Oceanic Tower
Sold prices and rental history: sold 3 times, last in November 2023, 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 403, Royal Oceanic Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 4th of 31
- Parking
- B2-29
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.03M · November 2023
- Building
- Royal Oceanic Tower
About 403, Royal Oceanic Tower
403 is a one-bedroom apartment of 764 sqft on the 4th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 2 November 2023 for AED 1,025,000, or AED 1,342 per sqft, 3% below the AED 1,385 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 20 May 2024, is AED 90,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 16,000 a year.
Sales and rents for 403 over time
403 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Royal Oceanic Tower, and where 403 sits
All 36 1-beds →403 last sold in November 2023 at AED 1,342 per sqft, 3% below what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,385). 403's AED 90,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202524 June 2025 | 787 sqft | 1,155,000 | 1,468 | ||
| 18 Jun 202518 June 2025 | 764 sqft | 1,260,000 | 1,649 | ||
| 30 May 202530 May 2025 | 787 sqft | 1,340,000 | 1,703 | ||
| 14 Apr 202514 April 2025 | 787 sqft | 1,100,000 | 1,398 |
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 4th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 565 sqft | AED 850KAED 850,000 · Nov 2022November 2022 | 46,000 /yr | |
| 402 | Studio | 654 sqft | AED 735KAED 735,000 · Apr 2013April 2013 | 65,000 /yr | |
| 404 | 1-bed | 764 sqft | AED 673KAED 672,933 · Aug 2010August 2010 | 55,200 /yr | |
| 405 | Studio | 634 sqft | AED 519KAED 518,648 · Aug 2010August 2010 | 65,000 /yr | |
| 406 | Studio | 514 sqft | AED 840KAED 840,000 · Feb 2023February 2023 | 87,600 /yr | |
| 407 | Studio | 514 sqft | AED 437KAED 437,359 · Aug 2010August 2010 | 63,000 /yr | |
| 408 | Studio | 621 sqft | AED 625KAED 625,000 · Jan 2013January 2013 | 63,000 /yr | |
| 409 | 1-bed | 787 sqft | AED 1.16MAED 1,155,000 · Jun 2025June 2025 | 41,000 /yr | |
| 410 | 1-bed | 792 sqft | AED 1.17MAED 1,170,000 · Jan 2025January 2025 | 76,000 /yr | |
| 411 | Studio | 658 sqft | AED 1MAED 1,000,000 · Dec 2013December 2013 | 50,935 /yr | |
| 412 | Studio | 559 sqft | AED 600KAED 600,000 · Aug 2010August 2010 | 52,000 /yr |
403, Royal Oceanic Tower in numbers
- Sold 3 times: first on 31 March 2011 for AED 335,597, last on 2 November 2023 for AED 1,025,000 (AED 1,342 per sqft).
- Rented since December 2012 on 8 Ejari contracts, from AED 75,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 20 May 2024.
Questions about 403, Royal Oceanic Tower
What did unit 403 last sell for?
AED 1,025,000 on 2 November 2023: AED 1,342 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 335,597 in March 2011.
What is the rent for unit 403?
AED 90,000 a year on the contract signed on 20 May 2024. The previous contract, from January 2024, was AED 90,000; the unit has been rented since December 2012.
How big is unit 403?
764 sqft (71.0 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2009.
What is unit 403 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 403, Royal Oceanic Tower
Starts from the last sale price (AED 1.03M, 2 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →