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Studio · 658 sqftRoyal Oceanic Tower, Dubai Marina · 6th floor · completed 2009

611, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 810K14 April 2022
Current rentAED 64K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, Royal Oceanic Tower

What is 611 worth today?

Last sold for AED 810,000 in 2022

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1 Feb 2024RentedRenewal
AED 64,000/yr12 months · AED 97 per sqft
1 Feb 2023RentedNew contract
AED 57,000/yr12 months · AED 87 per sqft
14 Apr 2022SoldReady
AED 810,000AED 1,230 per sqft
21 Jan 2022RentedNew contract
AED 53,000/yr12 months · AED 81 per sqft
15 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
16 Aug 2010SoldReady
AED 634,520AED 963 per sqft
12 Feb 2009Sold by developerOff-plan
AED 634,520AED 963 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
Studio apartment
Size
658 sqft
Floor
6th of 31
Parking
B2-58
Developer
Global Group Holdings
Completed
2009
Service charge
AED 13,800 /yr
Last sold
AED 810K · April 2022
Building
Royal Oceanic Tower

About 611, Royal Oceanic Tower

611 is a studio of 658 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 14 April 2022 for AED 810,000, or AED 1,230 per sqft, in line with the AED 1,227 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 64,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 13,800 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical studio in Royal Oceanic Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 690,828; 2010 AED 660,000; 2011 AED 283,362; 2012 AED 550,000; 2013 AED 700,000; 2014 AED 1,015,000; 2015 AED 1,000,000; 2017 AED 935,000; 2019 AED 565,000; 2021 AED 735,000; 2022 AED 725,000; 2023 AED 815,000; 2025 AED 970,000Sold by developer, February 2009: AED 634,520 (AED 963 per sqft)Sold, August 2010: AED 634,520 (AED 963 per sqft)Sold, April 2022: AED 810,000 (AED 1,230 per sqft)

611 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 611, each contractTypical studio in Royal Oceanic Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,000; 2013 AED 65,000; 2014 AED 70,000; 2015 AED 75,000; 2016 AED 70,000; 2017 AED 70,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 44,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000Renewal, September 2021: AED 45,000 a yearNew contract, January 2022: AED 53,000 a yearNew contract, February 2023: AED 57,000 a yearRenewal, February 2024: AED 64,000 a year

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 611 sits

All 78 studios →

611 last sold in April 2022 at AED 1,230 per sqft, in line with what studios in Royal Oceanic Tower were fetching at the time (AED 1,227). 611's AED 64,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2025970,000
4 Jun 20251,010,000
2 Jun 20251,030,000
28 Feb 2025950,000
0 studio sales in the last 12 months

Royal Oceanic Tower

Building

224 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%
Royal Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 224 units in Royal Oceanic Tower
Value
601StudioAED 486K · Aug 2010
602StudioAED 723K · Aug 2010
6031-bedAED 711K · Aug 2010
6041-bedAED 1.53M · May 2014
605StudioAED 715K · Jun 2013
606StudioAED 565K · Feb 2013
607StudioAED 610K · Jan 2013
1–7 of 11

611, Royal Oceanic Tower in numbers

  • Sold 3 times: first on 12 February 2009 for AED 634,520, last on 14 April 2022 for AED 810,000 (AED 1,230 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 45,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 13,800 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 611, Royal Oceanic Tower

What did unit 611 last sell for?

AED 810,000 on 14 April 2022: AED 1,230 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 634,520 in February 2009.

What is the rent for unit 611?

AED 64,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 57,000; the unit has been rented since September 2021.

How big is unit 611?

658 sqft (61.1 sqm): a studio on the 6th floor of a 31-storey tower completed in 2009.

What is unit 611 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 611, Royal Oceanic Tower

Starts from the last sale price (AED 810K, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

Plus AED 39,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →