Overview of Royal Oceanic Tower
The Royal Oceanic Tower is a high-rise residential building in the prestigious Dubai Marina area. It has 31 floors with 232 residential units divided into studios and one, two, three, and four-bedroom apartments.
Location and Accessibility
The Royal Oceanic Tower is centrally located on the marina’s doorstep, occupying one of the premier locations in Dubai Marina. It is adjacent to other notable projects such as Habtoor Grand, Le Royal Meridien, and Grosvenor House. This makes it an ideal location for residents who want to enjoy the best of what Dubai has to offer. The tower is easily accessible via Sheikh Zayed Road, the main highway connecting Dubai to other UAE cities.
The tower is also accessible via public transportation. The Dubai Metro is a convenient way to travel around the city, and the nearest station to the Royal Oceanic Tower is the Dubai Marina station. From there, residents can take a short walk to the tower.
Architectural Design
The Royal Oceanic Tower is known for its modern architecture and high-quality amenities. The tower has a sleek and contemporary design that will impress residents and visitors alike. The tower also has a range of amenities catering to its residents’ needs. These include a gym, swimming pool, and 24-hour security.
Apartments and Living Spaces
Types of Apartments
The Royal Oceanic Tower offers a variety of apartments to suit different lifestyles and preferences. These include studios, two-bedroom apartments, and four-bedroom apartments. Each apartment has modern living in mind, featuring spacious living areas, large windows that allow natural light to flood in, and a balcony that offers panoramic views of Dubai Marina.
Interior Features and Amenities
The apartments at the Royal Oceanic Tower provide residents with a comfortable and luxurious living experience. Some of the interior features and amenities that residents can enjoy include:
- Fully equipped kitchen with modern appliances
- Built-in wardrobes in bedrooms
- High-speed internet and cable TV connections
- Central air conditioning and heating system
- En-suite bathrooms with high-quality fixtures and fittings
- 24-hour security and concierge services
In addition to these features, the Royal Oceanic Tower offers a range of amenities that residents can use. These include:
- Swimming pool
- A fitness center with state-of-the-art equipment
- Children’s play area
- Covered parking
- Retail stores on the ground floor
Residents of the Royal Oceanic Tower can enjoy a luxurious lifestyle in one of the most sought-after locations in Dubai Marina. With its modern apartments and top-notch amenities, the Royal Oceanic Tower is the perfect place to call home for those who value comfort, convenience, and style.
Facilities and Services
The Royal Oceanic Tower in Dubai Marina offers many facilities and services to ensure residents enjoy a comfortable and convenient lifestyle.
Leisure and Health Amenities
The tower features a well-equipped Health Club with a gym, sauna, steam room, and jacuzzi. The gym is equipped with modern equipment and is perfect for those who want to maintain their fitness regime. The sauna, steam room, and jacuzzi provide a relaxing and rejuvenating experience after a workout.
Safety and Security
The Royal Oceanic Tower provides 24-hour security and CCTV surveillance. The tower has a dedicated maintenance team that is available round the clock to address any maintenance issues that may arise.
Here are some of the amenities and services available at the Royal Oceanic Tower:
- Well-equipped Health Club with gym, sauna, steam room, and jacuzzi
- Large outdoor swimming pool
- 24-hour security and CCTV surveillance
- A dedicated maintenance team is available around the clock.
Dining and Entertainment
Restaurants and Cafes
Here are some of the best dining options located within proximity to the tower:
- Nobu Dubai: This Japanese restaurant, located at the nearby Grosvenor House, is known for its signature dishes and excellent service.
- Toro Toro: This Latin American restaurant at the Grosvenor House offers a unique dining experience with its lively atmosphere and delicious food.
- Maya Modern Mexican Kitchen & Lounge: This restaurant at Le Royal Meridien serves modern Mexican cuisine in a vibrant and colorful setting.
- The Cheesecake Factory: This famous American chain restaurant, located at the nearby Marina Walk, offers a wide selection of dishes, including their famous cheesecakes.
For those looking for a quick bite or a cup of coffee, several cafes are located nearby, including Starbucks and Costa Coffee.
Nearby Entertainment Venues
In addition to dining options, several entertainment venues are close to the Royal Oceanic Tower. Here are some of the best options for entertainment:
- Dubai Marina Mall: Located just a short walk away, this mall features a wide range of shopping options, a cinema, and a children’s play area.
- Marina Walk: This pedestrian-friendly promenade, located just outside the tower, offers stunning views of the marina and is perfect for a stroll.
- Dubai Opera: This world-class performing arts venue, located just a short drive away, hosts various events, including concerts, operas, and ballets.
Whether you’re looking for a night out on the town or a relaxing day of shopping, dining, and entertainment, the Royal Oceanic Tower and its surrounding area have something for everyone.
Investment and Market Insights
Property Prices and ROI
The average cap rate (rental yield) of investments in the Royal Oceanic Tower is 8.6%. The price of an apartment in the Royal Oceanic Tower is 15,359 AED/sqm on average. A 2-bedroom apartment costs around 1,910,352 AED or 15,359 AED/sqm. The rent in the Royal Oceanic Tower is 15,359 AED/year/sqm on average for the long-term rent of an apartment.
Real Estate Trends
The tower contains 232 residential units, ranging from studios to one, two, three, and four-bedroom apartments. The tower’s strategic location, high-quality amenities, and modern design make it an attractive investment option for investors.
- ROI is high at 8.6% on average.
- The price of an apartment is 15,359 AED/sqm on average.
- A 2-bedroom apartment costs around 1,910,352 AED or 15,359 AED/sqm.
- The rent in the Royal Oceanic Tower is 15,359 AED/year/sqm on average for the long-term rent of an apartment.
- The Royal Oceanic Tower is located in the heart of Dubai Marina, making it an attractive investment option for investors.
Connectivity and Transportation
Public Transport Options
The Royal Oceanic Tower is well-connected to public transportation options. Residents can easily access the Dubai Metro within walking distance from the tower. The Damac Properties Metro Station is the closest station to the building.
In addition to the metro, several bus stations are near the Royal Oceanic Tower. The Dubai Marina Mall Bus Station and the Dubai Marina Walk Bus Station are within walking distance of the building.
The Dubai Tram is also convenient for residents, with the Jumeirah Beach Residence 2 Tram Station just minutes from the building.
Proximity to Key Locations
The Royal Oceanic Tower’s location in Dubai Marina provides residents with easy access to critical locations in the city. The Sheikh Zayed Road, one of the major highways in Dubai, is just a few minutes away from the building.
Residents can also take advantage of the water taxi station near the tower, which provides a unique and scenic mode of transportation.
In terms of proximity to key locations, the Royal Oceanic Tower is within walking distance of several popular destinations. The Dubai Marina Mall, The Walk at JBR, and Jumeirah Beach are all just a short walk away from the building.
- Walking distance to Dubai Metro and several bus stations
- Jumeirah Beach Residence 2 Tram Station nearby
- Sheikh Zayed Road just a few minutes away
- The water taxi station located near the tower
- Dubai Marina Mall, The Walk at JBR, and Jumeirah Beach are all within walking distance.
Lifestyle and Community
Recreational Activities
- Beach: The Royal Oceanic Tower is just a few minutes from the beach, where residents can enjoy swimming, sunbathing, and water sports.
- Spa
- Yacht Club: The Dubai Marina Yacht Club is located nearby and offers a range of facilities and services for yacht owners and enthusiasts.
- Barbecue Area: The tower has a barbecue area where residents can host outdoor gatherings with friends and family.
Community Engagement
The Royal Oceanic Tower is a community-oriented development that encourages residents to engage with each other and participate in community events. Here are some ways residents can get involved:
- Fitness Facilities
- Lifestyle Amenities: The tower has a range of amenities, including a supermarket, a pharmacy, and a coffee shop, that make life easier and more convenient for residents.
- Community Events: The tower hosts regular community events, such as movie nights, game nights, and holiday parties, that bring residents together and foster a sense of community spirit.
- Volunteer Opportunities: The tower encourages residents to volunteer their time and skills to help others in the community by participating in charity events or helping out at local schools or hospitals.
Additional Amenities
Guest and Concierge Services
The Royal Oceanic Tower offers guest and concierge services to ensure residents have a comfortable and luxurious living experience. The concierge service is available 24/7 to assist residents with requests or needs. The tower also offers additional services, such as housekeeping, laundry, and dry cleaning, to make residents’ lives easier.
Other amenities include a health club, spa, sauna, steam room, jacuzzi, children’s playing area, and outdoor swimming pool. The tower also features modern architecture and high-quality amenities, making it one of the most sought-after residential buildings in Dubai Marina.
- 24/7 concierge service
- Housekeeping, laundry, and dry cleaning services
Frequently Asked Questions
What are the average rental prices for apartments in the Royal Oceanic Tower?
The Royal Oceanic Tower offers a range of residential units, including studios and one-, two–, three–, and four-bedroom apartments. The average rental prices for these units vary depending on their size, location, and view. As of March 2024, the average rental prices for apartments in the Royal Oceanic Tower are as follows:
- Studios: AED 85,000 – AED 100,000 per year
- One-bedroom apartments: AED 110,000 – AED 140,000 per year
- Two-bedroom apartments: AED 150,000 – AED 180,000 per year
- Three-bedroom apartments: AED 200,000 – AED 220,000 per year
- Four-bedroom apartments: AED 300,000 – AED 350,000 per year
How do the amenities at the Royal Oceanic Tower compare to other Dubai Marina buildings?
The Royal Oceanic Tower offers a wide range of amenities to its residents, including:
- 24-hour security
- Covered parking
- Gymnasium
- Swimming pool
- Sauna and steam rooms
- Children’s play area
- Barbecue area
- High-speed elevators
Compared to other buildings in Dubai Marina, the Royal Oceanic Tower offers similar amenities, but its central location and proximity to major attractions make it a popular choice among residents.
Can you provide information on the latest sales listings for the Royal Oceanic Tower?
As of March 2024, the latest sales listings for the Royal Oceanic Tower are as follows:
- Studios: AED 1.2 million – AED 1.5 million
- One-bedroom apartments: AED 1.8 million – AED 2.2 million
- Two-bedroom apartments: AED 2.5 million – AED 3.5 million
- Three-bedroom apartments: AED 4 million – AED 5 million
- Four-bedroom apartments: AED 6 million – AED 7 million
What is the overall resident satisfaction with the Royal Oceanic Tower?
The Royal Oceanic Tower has received positive reviews from its residents, who appreciate its central location, stunning views, and high-quality amenities. The building’s management team is responsive to residents’ needs and concerns, and the community is generally quiet and peaceful.
What facilities and services does the Royal Oceanic Tower offer to its residents?
In addition to the amenities listed above, the Royal Oceanic Tower offers a range of facilities and services to its residents, including:
- Concierge services
- Laundry services
- Housekeeping services
- Maintenance services
