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Project · Transactions · 2024

Royal Oceanic Tower Property Transactions 2024

18 property sales worth ⃃ 39.63M were registered in Royal Oceanic Tower in 2024, 14.3% lower than 2023 by number of sales. The median sale price was ⃃ 1,925,000 and the median price per square foot ⃃ 1,508 (+4.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 18 salesUpdated: 15 Nov 2026
Property sales
18
−14.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 39.63M
+15.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,925,000
+41.3% vs 2023
18 sales
Median price per sq ft
⃃ 1,508
+4.8% vs 2023
18 sales

What types of property sold in Royal Oceanic Tower in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1688.9%⃃ 26.13M⃃ 1,540,000⃃ 1,461
Commercial211.1%⃃ 13.5M⃃ 6,750,000⃃ 4,439

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)18100%⃃ 39.63M⃃ 1,925,000⃃ 1,508
Ready18100%⃃ 39.63M⃃ 1,925,000⃃ 1,508

How many rental contracts were registered in Royal Oceanic Tower in 2024?

123 rental contracts (new and renewed) were registered in Royal Oceanic Tower in 2024, at a median annual rent of ⃃ 85,000 (+12.4% on 2023). Rental yields in Royal Oceanic Tower

What were the most expensive property sales in Royal Oceanic Tower in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/03/2024Royal Oceanic-1Commercial1,537 sq ft⃃ 10,500,000Resale · Ready
03/10/2024Royal Oceanic-13 beds · Apartment2,477 sq ft⃃ 3,550,000Resale · Ready
22/10/2024Royal Oceanic-1Commercial1,466 sq ft⃃ 3,000,000Resale · Ready
23/01/2024Royal Oceanic-12 beds · Apartment1,610 sq ft⃃ 2,650,000Resale · Ready
08/05/2024Royal Oceanic-12 beds · Apartment1,310 sq ft⃃ 2,280,000Resale · Ready
22/07/2024Royal Oceanic-12 beds · Apartment1,339 sq ft⃃ 2,270,000Resale · Ready
05/08/2024Royal Oceanic-12 beds · Apartment1,203 sq ft⃃ 2,000,000Resale · Ready
07/03/2024Royal Oceanic-12 beds · Apartment1,310 sq ft⃃ 2,000,000Resale · Ready
14/08/2024Royal Oceanic-12 beds · Apartment1,310 sq ft⃃ 1,950,000Resale · Ready
07/05/2024Royal Oceanic-12 beds · Apartment1,710 sq ft⃃ 1,900,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
05/12/2024Royal Oceanic-1Studio · Apartment559 sq ft⃃ 900,000Resale · Ready
22/10/2024Royal Oceanic-1Commercial1,466 sq ft⃃ 3,000,000Resale · Ready
03/10/2024Royal Oceanic-13 beds · Apartment2,477 sq ft⃃ 3,550,000Resale · Ready
24/09/2024Royal Oceanic-11 bed · Apartment764 sq ft⃃ 1,180,000Resale · Ready
20/09/2024Royal Oceanic-1Studio · Apartment514 sq ft⃃ 606,000Resale · Ready
14/08/2024Royal Oceanic-12 beds · Apartment1,310 sq ft⃃ 1,950,000Resale · Ready
07/08/2024Royal Oceanic-11 bed · Apartment764 sq ft⃃ 975,000Resale · Ready
05/08/2024Royal Oceanic-12 beds · Apartment1,203 sq ft⃃ 2,000,000Resale · Ready
22/07/2024Royal Oceanic-12 beds · Apartment1,339 sq ft⃃ 2,270,000Resale · Ready
25/06/2024Royal Oceanic-11 bed · Apartment792 sq ft⃃ 1,000,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/royal-oceanic-tower/2024
Royal Oceanic Tower Property Transactions 2024. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/royal-oceanic-tower/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Royal Oceanic Tower in 2024?
18 property sales worth ⃃ 39,634,400 were registered in Royal Oceanic Tower in 2024. That is 14.3% lower than 2023.
What was the median property price in Royal Oceanic Tower in 2024?
The median sale price was ⃃ 1,925,000 and the median price per square foot ⃃ 1,508 (1 Jan – 31 Dec 2024).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/royal-oceanic-tower/2024