908, Royal Oceanic Tower
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Royal Oceanic Tower
What is 908 worth today?
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Source: Dubai Land Department. Updated 18 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 621 sqft
- Floor
- 9th of 31
- Parking
- B2-106
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,100 /yr
- Last sold
- AED 904K · August 2010
- Building
- Royal Oceanic Tower
About 908, Royal Oceanic Tower
908 is a studio of 621 sqft on the 9th 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 904,134, or AED 1,455 per sqft, 41% above the AED 1,034 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 18 July 2023, is AED 58,000 a year: a gross yield of 6.4% on the 2010 price, before the service charge of about AED 13,100 a year.
Sales and rents for 908 over time
908 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 908 sits
All 78 studios →908 last sold in August 2010 at AED 1,455 per sqft, 41% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,034). 908's AED 58,000 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 9th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | Studio | 565 sqft | AED 880KAED 880,000 · Jan 2018January 2018 | 85,237 /yr | |
| 902 | Studio | 654 sqft | AED 750KAED 750,000 · Apr 2013April 2013 | 75,000 /yr | |
| 903 | 1-bed | 764 sqft | AED 385KAED 384,950 · Mar 2011March 2011 | 90,000 /yr | |
| 904 | 1-bed | 764 sqft | AED 772KAED 771,893 · Aug 2010August 2010 | 75,000 /yr | |
| 905 | Studio | 634 sqft | AED 946KAED 945,952 · Aug 2010August 2010 | 52,800 /yr | |
| 906 | Studio | 514 sqft | AED 800KAED 800,000 · Mar 2023March 2023 | 78,000 /yr | |
| 907 | Studio | 514 sqft | AED 850KAED 850,000 · Sep 2013September 2013 | 79,000 /yr | |
| 909 | 1-bed | 787 sqft | AED 1.09MAED 1,090,000 · Nov 2022November 2022 | 105,000 /yr | |
| 910 | 1-bed | 792 sqft | AED 1MAED 1,000,000 · Jun 2024June 2024 | 61,525 /yr | |
| 911 | Studio | 658 sqft | AED 720KAED 720,000 · Dec 2021December 2021 | 71,000 /yr | |
| 912 | Studio | 559 sqft | AED 582KAED 581,513 · Jan 2011January 2011 | 74,792 /yr |
908, Royal Oceanic Tower in numbers
- Sold twice: first on 29 April 2009 for AED 904,134, last on 16 August 2010 for AED 904,134 (AED 1,455 per sqft).
- Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 32,000 in 2020 and recovered to AED 58,000 by July 2023.
- At AED 58,000 a year the gross yield on the 2010 price is 6.4%, before a service charge of about AED 13,100 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 18 July 2023.
Questions about 908, Royal Oceanic Tower
What did unit 908 last sell for?
AED 904,134 on 16 August 2010: AED 1,455 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 904,134 in April 2009.
What is the rent for unit 908?
AED 58,000 a year on the contract signed on 18 July 2023. The previous contract, from November 2022, was AED 44,000; the unit has been rented since May 2014.
How big is unit 908?
621 sqft (57.7 sqm): a studio on the 9th floor of a 31-storey tower completed in 2009.
What is unit 908 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 908, Royal Oceanic Tower
Starts from the last sale price (AED 904K, 16 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 904,134
- Deposit, UAE resident (20%)
- AED 180,827
- Deposit, non-resident (40%)
- AED 361,654
- Monthly over 25 years at 3.7%
- AED 3,699
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →