608, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Royal Oceanic Tower
What is 608 worth today?
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Source: Dubai Land Department. Updated 15 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 621 sqft
- Floor
- 6th of 31
- Parking
- B2-55
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,100 /yr
- Last sold
- AED 886K · August 2010
- Building
- Royal Oceanic Tower
About 608, Royal Oceanic Tower
608 is a studio of 621 sqft on the 6th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 16 August 2010 for AED 886,013, or AED 1,426 per sqft, 38% above the AED 1,034 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 53,763 a year: a gross yield of 6.1% on the 2010 price, before the service charge of about AED 13,100 a year.
Sales and rents for 608 over time
608 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 608 sits
All 78 studios →608 last sold in August 2010 at AED 1,426 per sqft, 38% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,034). 608's AED 53,763 is at the bottom 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 6th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 565 sqft | AED 486KAED 486,000 · Aug 2010August 2010 | 55,000 /yr | |
| 602 | Studio | 654 sqft | AED 723KAED 723,358 · Aug 2010August 2010 | 70,000 /yr | |
| 603 | 1-bed | 764 sqft | AED 711KAED 710,676 · Aug 2010August 2010 | 90,000 /yr | |
| 604 | 1-bed | 764 sqft | AED 1.53MAED 1,525,000 · May 2014May 2014 | 108,000 /yr | |
| 605 | Studio | 634 sqft | AED 715KAED 715,000 · Jun 2013June 2013 | 75,000 /yr | |
| 606 | Studio | 514 sqft | AED 565KAED 565,000 · Feb 2013February 2013 | 70,000 /yr | |
| 607 | Studio | 514 sqft | AED 610KAED 610,000 · Jan 2013January 2013 | 52,500 /yr | |
| 609 | 1-bed | 787 sqft | AED 1.13MAED 1,125,000 · Feb 2024February 2024 | 60,000 /yr | |
| 610 | 1-bed | 792 sqft | AED 1.25MAED 1,246,883 · Aug 2010August 2010 | 69,828 /yr | |
| 611 | Studio | 658 sqft | AED 810KAED 810,000 · Apr 2022April 2022 | 64,000 /yr | |
| 612 | Studio | 559 sqft | AED 400KAED 400,000 · Mar 2011March 2011 | 82,000 /yr |
608, Royal Oceanic Tower in numbers
- Sold twice: first on 29 April 2009 for AED 886,013, last on 16 August 2010 for AED 886,013 (AED 1,426 per sqft).
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 53,763 by December 2024.
- At AED 53,763 a year the gross yield on the 2010 price is 6.1%, before a service charge of about AED 13,100 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 15 December 2024.
Questions about 608, Royal Oceanic Tower
What did unit 608 last sell for?
AED 886,013 on 16 August 2010: AED 1,426 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 886,013 in April 2009.
What is the rent for unit 608?
AED 53,763 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 46,750; the unit has been rented since April 2018.
How big is unit 608?
621 sqft (57.7 sqm): a studio on the 6th floor of a 31-storey tower completed in 2009.
What is unit 608 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 608, Royal Oceanic Tower
Starts from the last sale price (AED 886K, 16 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 886,013
- Deposit, UAE resident (20%)
- AED 177,203
- Deposit, non-resident (40%)
- AED 354,405
- Monthly over 25 years at 3.7%
- AED 3,625
Plus AED 42,223 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →