504, Royal Oceanic Tower
Sold prices and rental history: sold 5 times, last in November 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Royal Oceanic Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 764 sqft
- Floor
- 5th of 31
- Parking
- B2-39
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1M · November 2017
- Building
- Royal Oceanic Tower
About 504, Royal Oceanic Tower
504 is a one-bedroom apartment of 764 sqft on the 5th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 12 November 2017 for AED 1,000,000, or AED 1,309 per sqft, 11% below the AED 1,473 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 65,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 16,000 a year.
Sales and rents for 504 over time
504 has sold 5 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 504 sits
All 36 1-beds →504 last sold in November 2017 at AED 1,309 per sqft, 11% below what one-beds in Royal Oceanic Tower were fetching at the time (AED 1,473). 504's AED 65,000 is at the bottom 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 5th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 565 sqft | AED 261KAED 261,291 · Mar 2011March 2011 | 80,000 /yr | |
| 502 | Studio | 654 sqft | AED 1.03MAED 1,030,000 · Jun 2025June 2025 | 66,000 /yr | |
| 503 | 1-bed | 764 sqft | AED 600KAED 600,000 · Mar 2020March 2020 | 130,000 /yr | |
| 505 | Studio | 634 sqft | AED 1.03MAED 1,025,000 · Apr 2017April 2017 | 65,000 /yr | |
| 506 | Studio | 514 sqft | AED 780KAED 780,000 · Jun 2013June 2013 | 70,000 /yr | |
| 507 | Studio | 514 sqft | AED 442KAED 442,006 · Aug 2010August 2010 | 64,000 /yr | |
| 508 | Studio | 621 sqft | AED 680KAED 680,000 · Dec 2022December 2022 | 66,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 1.26MAED 1,260,000 · Apr 2017April 2017 | 87,150 /yr | |
| 510 | 1-bed | 792 sqft | AED 870KAED 870,000 · Feb 2013February 2013 | 77,100 /yr | |
| 511 | Studio | 658 sqft | AED 1.1MAED 1,100,000 · Oct 2014October 2014 | 70,000 /yr | |
| 512 | Studio | 559 sqft | AED 1.15MAED 1,150,000 · Feb 2015February 2015 | 46,234 /yr |
504, Royal Oceanic Tower in numbers
- Sold 5 times: first on 7 January 2010 for AED 692,725, last on 12 November 2017 for AED 1,000,000 (AED 1,309 per sqft).
- Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 56,000 in 2022 and recovered to AED 65,000 by August 2024.
- At AED 65,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 16,000 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 20 August 2024.
Questions about 504, Royal Oceanic Tower
What did unit 504 last sell for?
AED 1,000,000 on 12 November 2017: AED 1,309 per sqft for 764 sqft. The unit has 5 registered sales; the first was AED 692,725 in January 2010.
What is the rent for unit 504?
AED 65,000 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 58,000; the unit has been rented since October 2013.
How big is unit 504?
764 sqft (71.0 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2009.
What is unit 504 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 504, Royal Oceanic Tower
Starts from the last sale price (AED 1M, 12 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →