382 sqftRoyal Oceanic Tower, Dubai Marina · 7th floor · completed 2009

704, Royal Oceanic Tower

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 704 · DLD and Ejari recordsUpdated 2 April 2023

Last soldAED 815K24 February 2013

Current rentAED 68K /yr2 April 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 704, Royal Oceanic Tower

Today

What is 704 worth today?

Last sold for AED 815,000 in 2013

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2 Apr 2023

2 Apr 2023RentedRenewal

AED 68,250/yr12 months · AED 89 per sqft

17 Oct 2020

17 Oct 2020RentedRenewal

AED 55,000/yr12 months · AED 72 per sqft

17 Oct 2019

17 Oct 2019RentedNew contract

AED 60,000/yr12 months · AED 79 per sqft

18 Oct 2018

18 Oct 2018RentedNew contract

AED 65,000/yr12 months · AED 85 per sqft

1 Mar 2014

1 Mar 2014RentedNew contract

AED 85,000/yr12 months · AED 111 per sqft

24 Feb 2013

24 Feb 2013SoldReady

AED 815,000AED 1,067 per sqft

16 Aug 2010

16 Aug 2010SoldReady

AED 732,309AED 958 per sqft

12 Feb 2009

12 Feb 2009Sold by developerOff-plan

AED 732,309AED 958 per sqft

Source: Dubai Land Department. Updated 2 April 2023.

Key facts

Type: Apartment
Size: 382 sqft
Floor: 7th of 31
Parking: B2-68
Developer: Global Group Holdings
Completed: 2009
Service charge: AED 8,000 /yr
Last sold: AED 815K · February 2013
Building: Royal Oceanic Tower

About 704, Royal Oceanic Tower

704 is an apartment of 382 sqft on the 7th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 24 February 2013 for AED 815,000, or AED 1,067 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 2 April 2023, is AED 68,250 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 8,000 a year.

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 7th floor

All 224 units in Royal Oceanic Tower


701	Studio	565 sqft	AED 750KAED 750,000 · Dec 2021December 2021	60,000 /yr
702	Studio	654 sqft	AED 1MAED 1,000,000 · May 2014May 2014	66,000 /yr
703	1-bed	764 sqft	AED 1.55MAED 1,550,000 · Dec 2014December 2014	73,000 /yr
705	Studio	634 sqft	AED 500KAED 500,000 · Dec 2012December 2012	80,000 /yr
706	Studio	514 sqft	AED 1.01MAED 1,010,000 · Jun 2025June 2025	39,100 /yr
707	Studio	514 sqft	AED 585KAED 585,000 · Feb 2013February 2013	63,800 /yr
708	Studio	621 sqft	AED 700KAED 700,000 · Oct 2022October 2022	47,000 /yr
709		787 sqft	AED 1.34MAED 1,340,000 · Aug 2025August 2025	80,000 /yr
710	1-bed	792 sqft	AED 950KAED 950,000 · Jan 2019January 2019	69,000 /yr
711	Studio	658 sqft	AED 584KAED 584,055 · Aug 2010August 2010	63,000 /yr
712	Studio	559 sqft	AED 710KAED 710,000 · Jun 2013June 2013	70,000 /yr

1–7 of 11

704, Royal Oceanic Tower in numbers

Sold 3 times: first on 12 February 2009 for AED 732,309, last on 24 February 2013 for AED 815,000 (AED 1,067 per sqft).
Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2020 and recovered to AED 68,250 by April 2023.
At AED 68,250 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 8,000 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 2 April 2023.

Questions about 704, Royal Oceanic Tower

What did unit 704 last sell for?

AED 815,000 on 24 February 2013: AED 1,067 per sqft for 382 sqft. The unit has 3 registered sales; the first was AED 732,309 in February 2009.

What is the rent for unit 704?

AED 68,250 a year on the contract renewed on 2 April 2023. The previous contract, from October 2020, was AED 55,000; the unit has been rented since March 2014.

How big is unit 704?

382 sqft (35.5 sqm): an apartment on the 7th floor of a 31-storey tower completed in 2009.

What is unit 704 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 704, Royal Oceanic Tower

Starts from the last sale price (AED 815K, 24 February 2013). Switch to today's estimate once you have unlocked it.

Price: AED 815,000
Deposit, UAE resident (20%): AED 163,000
Deposit, non-resident (40%): AED 326,000
Monthly over 25 years at 3.7%: AED 3,334

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →