Tenanted Studio | Royal Oceanic Tower, Dubai Marina

AED 70,000 Annual Rent — 8.97% Gross Yield — Fully Furnished with Balcony — AED 780,000

This is one of the most immediately productive and financially straightforward studio investment opportunities currently available in Dubai Marina — a fully furnished, balcony studio in Royal Oceanic Tower with a sitting tenant paying AED 70,000 per annum on 4 cheques until March 2027, offered at AED 780,000. At this purchase price against this annual rent, the gross yield equates to approximately 8.97% — a level that is materially above the average gross yield achievable for a furnished Dubai Marina studio when purchased at full market pricing, and representative of the motivated seller positioning that has created this entry point. The apartment is mortgage-free and clear, meaning the title is clean and the transfer can proceed immediately without any encumbrance, bank release, or delay. The incoming buyer assumes the landlord’s position from the date of Dubai Land Department registration and receives AED 70,000 per annum in rental income with no vacancy period, no furnishing expenditure, no letting cost, and no period of non-income between purchase and first rent receipt. One allotted parking space is included — a practical and commercially relevant asset in a Dubai Marina residential building that supports both tenant retention and resale value. For an investor seeking a high-yield, immediately income-generating, fully furnished studio in one of Dubai’s most liquid and most consistently in-demand apartment communities, this is among the most compelling entries available in the Marina at this price point today.

Property Highlights

• Property Type: Apartment — Studio
• Project: Royal Oceanic Tower, Dubai Marina, Dubai
• Developer: Star Group Global / Global Group Holdings Ltd
• Layout: Studio with Balcony
• Total Size: 513.76 sq ft
• Suite Area: 439.82 sq ft
• Balcony Area: 73.95 sq ft
• Floor: Available on request
• Furnishing: Fully Furnished
• Tenancy Status: Rented — AED 70,000 per annum — 4 Cheques
• Tenancy Expiry: March 2027
• Gross Yield on Asking Price: approximately 8.97%
• Annual Service Charge: approximately AED 19.53 per sq ft (approximately AED 10,034/year)
• Parking: 1 Allotted Parking Space Included
• Title Status: Mortgage-Free and Clear — Immediate Transfer
• Status: Ready — Tenanted — Clear Title
• Asking Price: AED 780,000
• Price per Sq Ft (Total): approximately AED 1,519
• Building: Royal Oceanic Tower — 35-Storey Residential, Completed August 2009
• Ownership: Freehold — All Nationalities

About Royal Oceanic Tower, Dubai Marina

Royal Oceanic Tower is a 35-storey residential building in Dubai Marina — developed by Star Group Global through its subsidiary Global Group Holdings Ltd and completed in August 2009, placing it among the established and fully operational residential towers that define the Marina’s mature skyline. At over fifteen years of age, Royal Oceanic is a building whose operational track record, community integration, and rental market positioning are all well-established facts rather than projections — it has demonstrated consistent tenancy demand, stable service charge management, and the continued amenity standards that keep it competitive in the Marina’s dense studio and one-bedroom rental market. The building’s amenities include a swimming pool, gymnasium, residents’ parking, and 24-hour security — the core amenity set that Dubai Marina tenants expect and require from a residential tower at this price point. The building’s location within Dubai Marina places it within one of the emirate’s most concentrated and most consistently in-demand residential communities — with the Marina Walk, The Beach at JBR, Dubai Marina Mall, the Dubai Metro Red Line, and the Dubai Tram all within practical walking or transit reach.

Community and Lifestyle

• Royal Oceanic Tower — established 35-storey residential building in Dubai Marina, operational since August 2009
• Dubai Marina — one of Dubai’s most consistently in-demand and most liquid residential apartment communities
• Marina Walk — the defining lifestyle artery of the community, lined with dining, cafés, and retail
• The Beach at JBR — approximately 10–15 minutes walking via the boardwalk connection
• Dubai Marina Mall — within the Marina community, walkable
• Dubai Marina Metro Station and Dubai Tram — providing connectivity to the full Metro Red Line network
• Consistently attracts young professionals, couples, corporate tenants, and short-term professional visitors from the UAE and internationally
• One of the most active and most liquid studio resale and rental markets in Dubai

The Investment Case — AED 70,000 Annual Rent at 8.97% Gross Yield

The investment proposition of this studio is financially direct and quantifiable on a single metric: AED 70,000 per annum in rent on a purchase price of AED 780,000 equals a gross yield of approximately 8.97%. This yield level is significantly above the market average for a furnished Dubai Marina studio when purchased at full market pricing — the current gross yield range for Marina studio apartments at market price is typically in the 6–7.5% range. The 8.97% yield in this listing is above this range because the purchase price of AED 780,000 reflects motivated seller positioning and a clear title ready for immediate transfer — not an above-market rent. The AED 70,000 annual rent paid in 4 cheques until March 2027 is a market-consistent rental figure for a furnished Marina studio with balcony and parking — it is the natural rent for this product at this location, not an unsustainable or artificially inflated figure that will compress at renewal. This means the 8.97% yield is a function of the entry price, and the yield resilience at renewal is supported by the market rent rather than challenged by it. The incoming buyer receives AED 70,000 per annum from day one of transfer with no vacancy period, no furnishing cost, no letting fee, and no period without income.

Mortgage-Free and Clear — Immediate Transfer Advantage

This property is mortgage-free and clear — meaning there is no existing mortgage registered against the title at Dubai Land Department and no bank release or No Objection Certificate process required from a lending institution before the transfer can proceed. For the incoming buyer, this translates directly into transaction speed: the transfer can proceed immediately upon agreement and documentation without any bank-dependent delay. In a tenanted property where the buyer is acquiring a rental income stream from day one, the speed of transfer is a commercial consideration — every week of delay between agreement and registration is a week of rental income the buyer does not yet receive. A mortgage-free clear title eliminates this delay and enables the fastest possible path from agreement to income.

Balcony and Parking — Two Commercial Advantages

The balcony (73.95 sq ft) and the included parking space are two specific commercial advantages of this studio that are directly relevant to both rental yield and resale value in the Dubai Marina market. In a building and community where not all studios have a balcony, the outdoor space — however modest — provides a physical differentiation that supports rental demand from the tenant demographic that values an outdoor area for morning coffee, evening use, or simply the sense of a threshold between interior and exterior. At 73.95 sq ft, the balcony is a meaningful size rather than a token addition. The allotted parking space is a specific and commercially significant asset in Dubai Marina — a community where parking availability is a consistent challenge and where tenants with vehicles specifically seek apartments with confirmed parking. An allotted parking space in a Marina building at this price point is a tenant retention and rental premium asset that is not available in all comparable studios in the building or the community.

Amenities

• Fully Furnished Studio — Zero Additional Furnishing Cost for Incoming Investor
• Balcony — 73.95 sq ft Outdoor Space
• 1 Allotted Parking Space — Included in Sale
• Swimming Pool — Building Amenity
• Gymnasium — Building Amenity
• 24-Hour Security
• Residents’ Parking
• Marina Walk — On Doorstep
• Dubai Marina Mall — Within the Community
• The Beach at JBR — Approximately 10–15 Minutes Walking
• Dubai Marina Metro Station (Red Line) — Within the Community
• Dubai Tram — Within the Community
• Extensive Marina Walk Dining, Café, and Retail Ecosystem

Layout and Floor Plan

This studio apartment in Royal Oceanic Tower, Dubai Marina has a total area of 513.76 sq ft — comprising 439.82 sq ft of interior suite area and 73.95 sq ft of outdoor balcony. The suite area of 439.82 sq ft accommodates the studio’s open-plan living, sleeping, and kitchen zone — the standard and well-established studio configuration in Royal Oceanic Tower — with the balcony providing the additional outdoor dimension that distinguishes this unit from non-balcony equivalents in the building. As the apartment is fully furnished, the incoming buyer can assess not only the spatial quality and layout but also the furnishing scale and presentation during a viewing, subject to tenant coordination. The exact floor level, view orientation, and full floor plan for this studio in Royal Oceanic Tower are available on request from the listing agent.

Financial Overview

This studio is offered at AED 780,000 — a mortgage-free, clear title, fully furnished, tenanted studio with balcony and one allotted parking space in Royal Oceanic Tower, Dubai Marina. The apartment generates AED 70,000 per annum in rental income on 4 cheques until March 2027, delivering a gross yield of approximately 8.97% on the purchase price. At AED 780,000 for 513.76 sq ft total, the price per square foot equates to approximately AED 1,519. The annual service charge is approximately AED 19.53 per sq ft — approximately AED 10,034 per annum — which the listing agent will confirm precisely on request. Net yield after service charge at current income levels equates to approximately 7.68% on the purchase price. Dubai Land Department transfer fees of typically 4% apply. Given the clear title and immediate transfer readiness, all parties can expect a fast and uncomplicated transaction. Full documentation, tenancy agreement, service charge statement, and transaction support are available on request from the listing agent.

Location and Connectivity

• Marina Walk and Dubai Marina Canal: within the community — on doorstep
• Dubai Marina Mall: within the Marina community — walkable
• The Beach at JBR: approximately 10–15 minutes walking via boardwalk
• Dubai Marina Metro Station (Red Line): within the community — approximately 5–10 minutes walking
• Dubai Tram: within the community
• Sheikh Zayed Road (E11): directly adjacent — immediate highway access
• Bluewaters Island and Ain Dubai: approximately 10–15 minutes by car or tram
• Palm Jumeirah: approximately 10–15 minutes by car
• Mall of the Emirates: approximately 10–15 minutes by car
• DIFC and Downtown Dubai: approximately 20–25 minutes by car
• Dubai International Airport (DXB): approximately 25–30 minutes by car
• Al Maktoum International Airport: approximately 25–30 minutes by car

Why Invest in This Studio at Royal Oceanic Tower, Dubai Marina

• 8.97% gross yield — approximately AED 70,000 annual rent on AED 780,000 purchase price — materially above the typical Marina studio yield range
• AED 70,000 annual income secured until March 2027 — no vacancy period, no letting cost, no furnishing expenditure from day one of transfer
• Mortgage-free and clear title — immediate transfer without any bank release delay
• Fully furnished — zero furnishing investment required by the incoming investor
• Balcony — a specific and commercial differentiator in the Dubai Marina studio market
• 1 allotted parking space — a tenant retention and rental premium asset in Dubai Marina
• Royal Oceanic Tower — established 35-storey building with a fifteen-year operational track record in Dubai Marina
• Dubai Marina — one of the most consistently liquid and most in-demand apartment investment communities in Dubai
• Price per sq ft approximately AED 1,519 — competitive for a fully furnished, tenanted, balcony studio with parking in Dubai Marina
• Freehold ownership for all nationalities

Frequently Asked Questions (FAQs)