1006, Oceana - Adriatic
Sold prices and rental history: sold twice, last in July 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Oceana - Adriatic
What is 1006 worth today?
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Source: Dubai Land Department. Updated 27 June 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 11th of 14
- Parking
- B2-2388
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.4M · July 2013
- Building
- Oceana - Adriatic
About 1006, Oceana - Adriatic
1006 is a two-bedroom apartment of 1,709 sqft on the 11th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 29 July 2013 for AED 4,400,000, or AED 2,574 per sqft, 23% above the AED 2,091 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 27 June 2016, is AED 375,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1006 over time
1006 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Oceana - Adriatic, and where 1006 sits
All 29 2-beds →1006 last sold in July 2013 at AED 2,574 per sqft, 23% above what two-beds in Oceana - Adriatic were fetching at the time (AED 2,091). 1006's AED 375,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202526 June 2025 | 1,709 sqft | 6,500,000 | 3,802 | ||
| 28 May 202528 May 2025 | 2,444 sqft | 7,200,000 | 2,946 | ||
| 29 Aug 202429 August 2024 | 1,709 sqft | 5,900,000 | 3,451 | ||
| 15 Jul 202415 July 2024 | 1,709 sqft | 5,700,000 | 3,334 |
Oceana - Adriatic
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,524
- Typical sale
- AED 4.85M
- Typical rent
- AED 220K /yr
- Typical yield
- 5.6%
Other units on the 11th floor
All 92 units in Oceana - Adriatic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.74MAED 2,742,088 · Jan 2011January 2011 | 235,000 /yr | |
| 1002 | 3-bed | 2,280 sqft | AED 5.2MAED 5,200,000 · Dec 2021December 2021 | 346,500 /yr | |
| 1003 | 1-bed | 1,338 sqft | AED 1.95MAED 1,946,048 · Jan 2011January 2011 | 180,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.95MAED 1,950,000 · Oct 2010October 2010 | 157,500 /yr | |
| 1005 | 3-bed | 2,440 sqft | AED 4.5MAED 4,500,000 · Feb 2023February 2023 | 310,500 /yr |
1006, Oceana - Adriatic in numbers
- Sold twice: first on 26 April 2011 for AED 2,742,088, last on 29 July 2013 for AED 4,400,000 (AED 2,574 per sqft).
- Rented since September 2014 on 3 Ejari contracts. The rent fell from AED 276,000 to AED 240,000 in 2015 and recovered to AED 375,000 by June 2016.
- At AED 375,000 a year the gross yield on the 2013 price is 8.5%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 27 June 2016.
Questions about 1006, Oceana - Adriatic
What did unit 1006 last sell for?
AED 4,400,000 on 29 July 2013: AED 2,574 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,742,088 in April 2011.
What is the rent for unit 1006?
AED 375,000 a year on the contract signed on 27 June 2016. The previous contract, from November 2015, was AED 240,000; the unit has been rented since September 2014.
How big is unit 1006?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1006, Oceana - Adriatic
Starts from the last sale price (AED 4.4M, 29 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,400,000
- Deposit, UAE resident (20%)
- AED 880,000
- Deposit, non-resident (40%)
- AED 1,760,000
- Monthly over 25 years at 3.7%
- AED 18,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →