1-bed · 1,338 sqftOceana - Adriatic, Palm Jumeirah · 12th floor · completed 2010

1103, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 4.3M9 February 2024
Current rentAED 245K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Oceana - Adriatic

What is 1103 worth today?

Last sold for AED 4,300,000 in 2024

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16 Sep 2024RentedNew contract
AED 245,000/yr12 months · AED 184 per sqft
9 Feb 2024SoldReady
AED 4,300,000AED 3,213 per sqft
31 Aug 2020RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
30 Aug 2019RentedRenewal
AED 155,000/yr12 months · AED 116 per sqft
30 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
14 Apr 2015RentedNew contract
AED 189,000/yr12 months · AED 142 per sqft
26 Mar 2014SoldReady
AED 3,500,000AED 2,615 per sqft
10 Aug 2011Sold by developerReady
AED 1,971,654AED 1,473 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
12th of 14
Parking
B2-2515
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 4.3M · February 2024

About 1103, Oceana - Adriatic

1103 is a one-bedroom apartment of 1,338 sqft on the 12th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 February 2024 for AED 4,300,000, or AED 3,213 per sqft, 5% above the AED 3,063 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 16 September 2024, is AED 245,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical one-bed in Oceana - Adriatic
2M4M2010201520202025Typical sale price by year: 2010 AED 1,784,010; 2011 AED 1,843,625; 2012 AED 1,755,725; 2013 AED 2,400,000; 2014 AED 3,065,000; 2018 AED 2,650,000; 2022 AED 2,900,000; 2023 AED 3,850,000; 2025 AED 4,400,000; 2026 AED 4,850,000Sold by developer, August 2011: AED 1,971,654 (AED 1,473 per sqft)Sold, March 2014: AED 3,500,000 (AED 2,615 per sqft)Sold, February 2024: AED 4,300,000 (AED 3,213 per sqft)

1103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Oceana - Adriatic
100K200K2013201720212025Typical rent by year: 2013 AED 137,500; 2014 AED 158,077; 2015 AED 140,000; 2016 AED 150,000; 2018 AED 130,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 117,500; 2022 AED 145,000; 2023 AED 163,750; 2024 AED 160,000; 2025 AED 175,000; 2026 AED 170,000New contract, April 2015: AED 189,000 a yearNew contract, August 2018: AED 160,000 a yearRenewal, August 2019: AED 155,000 a yearNew contract, August 2020: AED 125,000 a yearNew contract, September 2024: AED 245,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oceana - Adriatic, and where 1103 sits

All 35 1-beds →

1103 last sold in February 2024 at AED 3,213 per sqft, 5% above what one-beds in Oceana - Adriatic were fetching at the time (AED 3,063). Over the last 12 months one-beds sold for AED 1,500,000 to 5,400,000, around AED 2,696 per sqft, and rent for AED 130,000 to 215,000 a year. 1103's AED 245,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Apr 20265,400,000
6 Apr 20261,500,000
10 Feb 20264,850,000
17 Dec 20254,400,000
4 1-bed sales in the last 12 months

Oceana - Adriatic

Building

92 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%
Oceana - Adriatic, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 92 units in Oceana - Adriatic
Value
11012-bedAED 6.5M · Jun 2025
11023-bedAED 3.58M · Apr 2011
11041-bedAED 4.65M · Jan 2025
11053-bedAED 9M · Jul 2022
11062-bedAED 2.78M · Jan 2011

1103, Oceana - Adriatic in numbers

  • Sold 3 times: first on 10 August 2011 for AED 1,971,654, last on 9 February 2024 for AED 4,300,000 (AED 3,213 per sqft).
  • Rented since April 2015 on 5 Ejari contracts. The rent fell from AED 189,000 to AED 125,000 in 2020 and recovered to AED 245,000 by September 2024.
  • At AED 245,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Adriatic sold for AED 1,500,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,524 per sqft.

Source: Dubai Land Department. Updated 16 September 2024.

Questions about 1103, Oceana - Adriatic

What did unit 1103 last sell for?

AED 4,300,000 on 9 February 2024: AED 3,213 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,971,654 in August 2011.

What is the rent for unit 1103?

AED 245,000 a year on the contract signed on 16 September 2024. The previous contract, from August 2020, was AED 125,000; the unit has been rented since April 2015.

How big is unit 1103?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Adriatic sold for AED 1,500,000 to 5,400,000 in the last 12 months, around AED 2,696 per sqft.

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Mortgage on 1103, Oceana - Adriatic

Starts from the last sale price (AED 4.3M, 9 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →