2-bed · 1,709 sqftOceana - Adriatic, Palm Jumeirah · 12th floor · completed 2010

1106, Oceana - Adriatic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 16 November 2021
Last soldAED 2.78M18 January 2011
Current rentAED 199K /yr16 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Oceana - Adriatic

What is 1106 worth today?

Last sold for AED 2,778,168 in 2011

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16 Nov 2021RentedRenewal
AED 198,936/yr7 months · AED 116 per sqft
16 Nov 2020RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
7 Nov 2019RentedRenewal
AED 195,000/yr12 months · AED 115 per sqft
7 Nov 2018RentedNew contract
AED 195,000/yr12 months · AED 114 per sqft
18 Jan 2011Sold by developerReady
AED 2,778,168AED 1,625 per sqft

Source: Dubai Land Department. Updated 16 November 2021.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B2-2539 , B2-2526
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.78M · January 2011

About 1106, Oceana - Adriatic

1106 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 18 January 2011 for AED 2,778,168, or AED 1,625 per sqft, 7% above the AED 1,519 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 16 November 2021, is AED 198,936 a year: a gross yield of 7.2% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Oceana - Adriatic
4M6M2010201420182022Typical sale price by year: 2010 AED 2,597,767; 2011 AED 2,633,847; 2012 AED 2,900,000; 2013 AED 4,425,000; 2022 AED 4,450,000; 2023 AED 4,900,000; 2024 AED 5,700,000Sold by developer, January 2011: AED 2,778,168 (AED 1,625 per sqft)

1106 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Oceana - Adriatic
200K300K2012201620202024Typical rent by year: 2012 AED 207,500; 2013 AED 210,000; 2014 AED 225,000; 2015 AED 234,712; 2016 AED 225,000; 2018 AED 187,500; 2019 AED 180,000; 2020 AED 162,500; 2021 AED 165,000; 2022 AED 182,923; 2023 AED 220,530; 2024 AED 300,000; 2025 AED 325,500; 2026 AED 255,000New contract, November 2018: AED 195,000 a yearRenewal, November 2019: AED 195,000 a yearNew contract, November 2020: AED 170,000 a yearRenewal, November 2021: AED 198,936 a year

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 1106 sits

All 29 2-beds →

1106 last sold in January 2011 at AED 1,625 per sqft, 7% above what two-beds in Oceana - Adriatic were fetching at the time (AED 1,519). 1106's AED 198,936 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20256,500,000
28 May 20257,200,000
29 Aug 20245,900,000
15 Jul 20245,700,000
0 2-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
11031-bedAED 4.3M · Feb 2024
11041-bedAED 4.65M · Jan 2025
11053-bedAED 9M · Jul 2022

1106, Oceana - Adriatic in numbers

  • Sold once: by Seven Tides on 18 January 2011 for AED 2,778,168, or AED 1,625 per sqft.
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 195,000 to AED 170,000 in 2020 and recovered to AED 198,936 by November 2021.
  • At AED 198,936 a year the gross yield on the 2011 price is 7.2%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 16 November 2021.

Questions about 1106, Oceana - Adriatic

What did unit 1106 last sell for?

AED 2,778,168 on 18 January 2011, sold by the developer: AED 1,625 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 198,936 a year on the contract renewed on 16 November 2021. The previous contract, from November 2020, was AED 170,000; the unit has been rented since November 2018.

How big is unit 1106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1106 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 1106, Oceana - Adriatic

Starts from the last sale price (AED 2.78M, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,778,168
Deposit, UAE resident (20%)
AED 555,634
Deposit, non-resident (40%)
AED 1,111,267
Monthly over 25 years at 3.7%
AED 11,366

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