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Royal Oceanic Tower, Dubai Marina

Royal Oceanic Tower, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Stunning waterfront views

Luxurious amenities

Convenient location

Weakens

High maintenance fees

Traffic congestion

Limited parking availability

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Buildign Overview

Summary

  • Royal Oceanic Tower is a modern residential skyscraper located in the prestigious Dubai Marina, offering breathtaking waterfront views.
  • The building is in close proximity to prominent landmarks such as the Jumeirah Beach Residence (JBR), The Walk, and a variety of dining and entertainment options.
  • Public transportation is conveniently accessible, with the Dubai Metro and tram stations located nearby.

Properties Overview

  • Royal Oceanic Tower features a mix of one, two, and three-bedroom apartments, catering to various lifestyle needs.
  • Rental prices typically range from AED 80,000 to AED 150,000 per year, while purchase prices can vary between AED 1.2 million and AED 3 million.
  • The building's popular units include spacious layouts with balconies, modern finishes, and stunning marina views.

Market Trends

  • The Dubai Marina real estate market has shown resilience, with rental prices maintaining steady growth amid increasing demand for waterfront properties.
  • Investors can expect a favorable return on investment (ROI), typically ranging from 6% to 8% annually, particularly for two-bedroom apartments.
  • In the past year, properties in Royal Oceanic Tower have seen a noticeable uptick in interest, indicating a strong ongoing market trend.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to various amenities, including well-regarded supermarkets, international schools, and healthcare facilities.
  • Nearby clinics and hospitals are easily accessible, providing essential healthcare services.

Transportation and Accessibility

  • Public transport options are plentiful, with several bus stops and a tram station located within walking distance.
  • The area offers ample parking spaces, making it convenient for residents with vehicles.

Lifestyle Amenities

  • The building boasts on-site amenities such as a fully-equipped gym, swimming pools, and relaxing spa facilities.
  • Residents can also enjoy numerous restaurants, cafes, and vibrant outdoor spaces within the Dubai Marina area.

Builing Facilities

  • Royal Oceanic Tower features modern elevators, state-of-the-art security systems, and central air conditioning.
  • Professional maintenance services ensure that all facilities are kept in top condition.

Special Services

  • Residents have access to concierge services and guest assistance, enhancing their living experience.
  • Business centers and community lounges provide additional spaces for work and social interactions.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse range of floor plans is available, from compact one-bedroom units to expansive three-bedroom apartments.
  • Each unit is designed with modern living in mind, offering functional layouts and stylish interiors.

Things to Consider

  • Potential tenants and buyers should assess commuting options, local amenities, and personal lifestyle preferences.
  • Consideration should be given to the building's community atmosphere and events.

Useful FAQs and Support

Events and Building Life

Building Events

  • Royal Oceanic Tower frequently hosts community events and social gatherings, promoting a friendly living environment.
  • Residents can participate in networking and leisure activities that foster community spirit.

Community Identity

  • The building is known for its luxury elements and vibrant lifestyle, characterized by a mix of modern architecture and community-oriented design.
  • Unique features include rooftop gardens and observation decks that offer panoramic views of Dubai Marina and beyond.

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Detailed Buiding Insights

1. Family Friendliness

Royal Oceanic Tower offers spacious apartments and nearby recreational areas suitable for families, making it a good choice for those with children.

Moderately Family-Friendly

2. Living Options

The tower features a variety of apartment types, from one to three-bedroom units, catering to different needs and budgets.

Diverse Living Options

3. Safety And Security

24/7 security personnel and advanced surveillance systems ensure residents feel safe and secure at all times.

Highly Secure

4. Transportation

Proximity to major roads and public transportation options, including taxis and the metro, allows for easy commuting.

Conveniently Accessible

5. Amenities And Facilities

Amenities like a swimming pool, gym, children's play area, and recreation rooms enhance the living experience significantly.

Well-Equipped

6. Cost Of Living

While the living costs align with the luxury market of Dubai Marina, they may be considered high compared to other areas.

Relatively High

7. Things To Do

Residents enjoy numerous dining, shopping, and entertainment options within walking distance, as well as beach access.

Vibrantly Lively

8. Noise Levels

While the area can be lively, especially during weekends, the building's design minimizes noise for a comfortable living environment.

Generally Moderate

9. Pet Friendliness

The community has policies that allow pets, with nearby parks for walks and activities, making it welcoming for pet owners.

Pet-Friendly

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: Select Group

Building Type: Residential

Building Age: 15 years(completed in 2009)

Length: 232 residential units 

Unit Types : studios, 1, 2, 3 and 4-bedroom apartments

Floors: 31

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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