Royal Oceanic Tower, Dubai Marina

Royal Oceanic Tower, Dubai Marina

HIGHLIGHTS

About Royal Oceanic Tower

The Royal Oceanic is a high-rise residential building in Dubai Marina standing tall between Grosvenor House, Habtoor Grand and Le Royal Meridien. The Royal Oceanic has 31-floors with 232 residential units divided into studios, one, two, three and four-bedroomapartments. The invaluable location of the apartment building provides residents with panoramic views of Palm Jumeirah and Gulf waters. Select Group completed the project in 2009.

Exterior facade of The Royal Oceanic
Royal Oceanic Tower is one of the high-rise structures gracing the skylines of Dubai Marina

The master developer Emaar Properties transformed 50 million sq. ft. area and a 3km strip of shoreline into a brilliant neighbourhood, Dubai Marina. It is home to around 200 residential towers offering a chic Riviera-style lifestyle to residents. It is also the number one neighbourhood in the city for buying apartments as per the Dubai Market Report for H1 2020. With a wide range of amenities and leisure facilities, the stylish Dubai Marina apartments for sale are always in high demand among investors.

IN A NUTSHELL

  • Located in Dubai Marina
  • Surrounded by the finest 5-star hotels in Dubai
  • 31-floors building
  • 232 residential units divided into studios, 1, 2, 3 and 4-bedroom apartments
  • A project by Select Group
  • The project was completed in 2009
  • Balcony in almost each residential unit
  • Gymnasium, spa, steam room and temperature-controlled pool
  • Offers direct access to Marina Walk
  • Sheikh Zayed Road is in close proximity

BUILDING DETAILS

Facilities in Royal Oceanic Tower

Parking

For parking in Royal Oceanic Tower, there is dedicated parking on its basement level. Each residential unit has allocated one parking spot. Visitors can avail the paid parking facility offered by Yalla Parking, a website that allows people to list unused parking spaces for others to rent.

Elevators

There are multiple high-speed elevators in Royal Oceanic Tower, Dubai.

Security, Central Air Conditioning and Maintenance Services

The Royal Oceanic offers 24-hour security and maintenance to residents. All the residential units are equipped with the air-conditioning system while DEWA supplies water and electricity to the apartment building. 

Event Space

The barbecue area can be used by residents to host family events.

Gym and Fitness Facilities

Fitness enthusiasts will find a gym in Royal Oceanic Tower, Dubai Marina to keep themselves fit and healthy. Other fitness facilities include a temperature-controlled pool with a separate pool for children and steam and sauna in the health club.

Lifestyle Amenities

The lifestyle amenities offered by the apartment building include a health club, play area for children, spa, steam and sauna rooms and swimming pools.

Concierge and Guest Services

24-hour concierge and guest services are available in the tower.

Safety Features 

The building comes with state-of-the-art mitigation systems to deal with fire hazards. There are automatic as well as manual fire alarms present throughout the building – all of these are linked to the nearest fire station. There is also a fire exit and emergency fire suppression equipment.

Apartment Types in Royal Oceanic Tower

The Royal Oceanic houses over 232 residential units divided into studios, one, two, three and four-bedroom apartments.

Studio Apartments in Royal Oceanic Tower

Studio apartments in The Royal Oceanic, Dubai Marina span over an area of 513 sq. ft. to 654 sq. ft. These units come with living and a sleeping area, kitchen, bathroom and a balcony.

1-bedroom Apartments in Royal Oceanic Tower

The coverage area of 1-bedroom apartments in The Royal Oceanic Marina ranges between 514 sq. ft. to 792 sq. ft. The master bedroom in these units come with an attached bathroom and built-in wardrobe. Most of these units include living with a dining area, open kitchen and a balcony.

2-bedroom Apartments in Royal Oceanic Tower

With a coverage area of 1,200 sq. ft. to 1,339 sq. ft., 2-bedroom apartments in The Royal Oceanic, Dubai are available with spacious living and dining areas. There are two bathrooms, a powder room, fitted open kitchen and a balcony.

3-bedroom Apartments in Royal Oceanic Tower

The average coverage area of 3-bedroom apartments in the tower is 2,713 sq. ft. These spacious residential units come with four bathrooms, a fitted kitchen and a balcony.

4-bedroom Apartments in Royal Oceanic Tower

4-bedroom apartments in the building span an area of 2,920 sq. ft. These units come with a maid’s room with bathroom, laundry, powder room, fitted kitchen and two large balconies. All four bedrooms come with en-suite bathrooms.

Most Popular Apartment Types in Royal Oceanic Tower

  • Studio
  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 12 months

The most popular apartment type in The Royal Oceanic is the two-bedroom apartments. Studios in The Royal Oceanic are the second-most favourite properties people look for. One and three-bedroom apartments in The Royal Oceanic lie on the third and fourth position of the popularity list.

Those looking to rent apartments in The Royal Oceanic, the rental trend is as follows:

The cost of rental apartments in The Royal Oceanic is a bit pricey as compared to other apartments for rent in Dubai Marina.

Here is an overview of The Royal Oceanic apartments for sale:

  • The sale price of studios ranges between AED 650k to AED 690k
  • One can purchase a 1-bedroom in The Royal Oceanic between AED 600k and AED 900k
  • The price of a 2-bedroom apartment can lie anywhere between AED 1M to AED 2.1M

Rental Yield in Royal Oceanic Tower

  • Studio
  • 1-Bed
  • 2-Bed
  • 4-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

Those who invest in studio apartments will gain a return on investment (ROI) of 8.9%. One and four-bedroom apartments closely follow with an ROI of 7.6% and 7.1% respectively. While the two-bed apartments in The Royal Oceanic generate an ROI of 6.7%.

Service Charges in Royal Oceanic Tower

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. In AED
2.96
General Fund
Maintenance
eneral repairs and replacements
Price Per Sq. Ft. In AED
3.95
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. In AED
5.61
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. In AED
1.14
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. In AED
0.54
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. In AED
0.65
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. In AED
1.24
General Fund
Total
Price Per Sq. Ft. In AED
16.09
Additional Charges
Price Per Sq. Ft. In AED
Additional Charges
Additional Services
Price Per Sq. Ft. In AED
4.92

These figures are based on the service charges in The Royal Oceanic* per the Dubai Land Department. There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*Please note that these service charges are subject to change.

NEARBY AMENITIES

Transportation near Royal Oceanic Tower

The building is located on Al Falea Street close to Route D94. Options for transportation near The Royal Oceanic include bus, metro and water taxis.

Bus Station near Royal Oceanic Tower

Residents can avail bus service from Jumeirah Royal Meridien, Jumeirah Beach Residence Station and Marsa Dubai in a 10 to 15-minute walk.

Metro Station near Royal Oceanic Tower

The nearest metro stations include Nakheel, DMCC Metro Station and DAMAC Properties Metro Station. These stations are accessible in an 11-minute drive.

Tram Station near Royal Oceanic Tower

Another mode for commuting near the apartment tower is tram service. Marina Towers, Mina Seyahi and Dubai Marina Mall tram stations are located at a short drive of 8 to 10-minutes from The Royal Oceanic.

Water Taxi Station near Royal Oceanic Tower

Residents can travel via water taxi to enjoy sweeping skyline views of the emirate. The nearest station is located at Marina Mall, 5-minutes away.

Restaurants near Royal Oceanic Tower

Popular Dubai Marina restaurants near The Royal Oceanic include:

  • The Talk
  • Sarouja
  • Shami Gourmet

The Talk located in JBR is one of the closest casual dining establishments to the tower. It offers Arabian, Middle Eastern and Continental cuisine and is located inside Mövenpick Hotel Jumeirah Beach. Sarouja is a Syrian restaurant located at a 6-minute walk from the tower. Those looking for more options for Arabian and Middle Eastern cuisine should visit Shami Gourmet nearby.

Other fine dining restaurants nearby include:

  • Blue Jade
  • Atelier M
  • Rhodes W1

Blue Jade is Dubai’s internationally acclaimed Pan-Asian dining concept serving authentic and mouth-watering dishes from China, Japan, Singapore and Thailand. The restaurant is located an 8-minute drive away at The Ritz Carlton Dubai, a five-star hotel in Dubai Marina. 

Atelier M is one of the seven restaurants of Pier 7 that offers the best seasonal recipes combined with French culinary art. It is located on the seventh floor of the circular design building, accessible in a 10-minute drive.

Rhodes W1 is a British restaurant located in the neighbouring Grosvenor House. The restaurant offers one of the best luxury dining experiences in the city with a classy ambiance.

Supermarkets near Royal Oceanic Tower

Residents can head to these supermarkets near The Royal Oceanic for daily grocery shopping:

  • Caramel Center Supermarket
  • Al Maya Supermarket
  • West Zone Fresh Supermarket

Caramel Center, Al Maya and West Zone Fresh Supermarket are located within a 10-minute drive. For larger grocery hauls, there is an outlet of Carrefour and Choithrams nearby.

NEARBY BUILDINGS

All these residential buildings;Princess Tower, JAM Marina Residence andEmirates Crown are located within a 7-minute drive from the apartment building.

Major Landmarks

A few notable landmarks nearby include:

  • Dubai Marina Mall
  • Dubai Marina Yacht Club
  • JBR Beach
The Dubai Marina Mall is a one-stop shop for retail and entertainment needs

Dubai Marina Mall boasts around 140 shopping outlets, 21 dining options, a play zone for children and a cinema. Some of the popular international brands atDubai Marina Mallinclude Sephora, Tommy Hilfiger, MAC, Aldo, Adidas and Miniso.

Dubai Marina Yacht Club is an award-winning marina recognized for providing quality services and facilities. The Clubhouse consists of five marinas; East Marina, West Bay Marina, Mall Marina, Clubhouse Marina and Marina Promenade, offering the virtual centre of sailing, dining and shopping. 

JBR Beach is a public access beach located at a short walk from the building. Residents can enjoy a family picnic or choose from the myriad of things to do at JBR Beach, including, but not limited to water sports.

THINGS TO CONSIDER

Those planning to move to The Royal Oceanic should keep in mind that the neighbourhood is surrounded by popular leisure destinations which result in congested roads. The limited number of parking spaces will be another concern for those who own more than one car.

Are you looking to buy or rent apartments in The Royal Oceanic?

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