407, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, 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 407, Royal Oceanic Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 5 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 4th of 31
- Parking
- B2-32
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 437K · August 2010
- Building
- Royal Oceanic Tower
About 407, Royal Oceanic Tower
407 is a studio of 514 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 18 August 2010 for AED 437,359, or AED 850 per sqft, 21% below the AED 1,072 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 5 April 2025, is AED 63,000 a year: a gross yield of 14.4% on the 2010 price, before the service charge of about AED 10,800 a year.
Sales and rents for 407 over time
407 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 407 sits
All 78 studios →407 last sold in August 2010 at AED 850 per sqft, 21% below what studios in Royal Oceanic Tower were fetching at the time (AED 1,072). 407's AED 63,000 is in the lower 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 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 | |
| 403 | 1-bed | 764 sqft | AED 1.03MAED 1,025,000 · Nov 2023November 2023 | 90,000 /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 | |
| 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 |
407, Royal Oceanic Tower in numbers
- Sold twice: first on 15 April 2009 for AED 437,359, last on 18 August 2010 for AED 437,359 (AED 850 per sqft).
- Rented since January 2016 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2020 and recovered to AED 63,000 by April 2025.
- At AED 63,000 a year the gross yield on the 2010 price is 14.4%, before a service charge of about AED 10,800 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 5 April 2025.
Questions about 407, Royal Oceanic Tower
What did unit 407 last sell for?
AED 437,359 on 18 August 2010: AED 850 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 437,359 in April 2009.
What is the rent for unit 407?
AED 63,000 a year on the contract signed on 5 April 2025. The previous contract, from March 2024, was AED 63,250; the unit has been rented since January 2016.
How big is unit 407?
514 sqft (47.8 sqm): a studio on the 4th floor of a 31-storey tower completed in 2009.
What is unit 407 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 407, Royal Oceanic Tower
Starts from the last sale price (AED 437K, 18 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 437,359
- Deposit, UAE resident (20%)
- AED 87,472
- Deposit, non-resident (40%)
- AED 174,944
- Monthly over 25 years at 3.7%
- AED 1,789
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →