1203, Oceana - Adriatic
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Oceana - Adriatic
What is 1203 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 13th of 14
- Parking
- B2-2528
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 4.25M · January 2024
- Building
- Oceana - Adriatic
About 1203, Oceana - Adriatic
1203 is a one-bedroom apartment of 1,338 sqft on the 13th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 22 January 2024 for AED 4,250,000, or AED 3,175 per sqft, 25% above the AED 2,550 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 10 September 2023, is AED 180,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1203 sits
All 35 1-beds →1203 last sold in January 2024 at AED 3,175 per sqft, 25% above what one-beds in Oceana - Adriatic were fetching at the time (AED 2,550). 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. 1203's AED 180,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Apr 202613 April 2026 | 1,883 sqft | 5,400,000 | 2,868 | ||
| 6 Apr 20266 April 2026 | 712 sqft | 1,500,000 | 2,106 | ||
| 10 Feb 202610 February 2026 | 1,921 sqft | 4,850,000 | 2,524 | ||
| 17 Dec 202517 December 2025 | 1,375 sqft | 4,400,000 | 3,200 |
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 13th floor
All 92 units in Oceana - Adriatic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,709 sqft | AED 4.6MAED 4,600,000 · Aug 2022August 2022 | 270,000 /yr | |
| 1202 | 3-bed | 2,280 sqft | AED 3.63MAED 3,629,621 · Dec 2010December 2010 | 400,000 /yr | |
| 1204 | 1-bed | 1,338 sqft | AED 2MAED 2,000,000 · Mar 2020March 2020 | ||
| 1205 | 3-bed | 2,440 sqft | AED 12MAED 12,000,000 · Jan 2023January 2023 | ||
| 1206 | 2-bed | 1,709 sqft | AED 2.81MAED 2,814,248 · Apr 2011April 2011 | 250,000 /yr |
1203, Oceana - Adriatic in numbers
- Sold twice: first on 14 December 2010 for AED 1,997,260, last on 22 January 2024 for AED 4,250,000 (AED 3,175 per sqft).
- Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 198,000 to AED 120,000 in 2020 and recovered to AED 180,000 by September 2023.
- At AED 180,000 a year the gross yield on the 2024 price is 4.2%, 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 22 January 2024.
Questions about 1203, Oceana - Adriatic
What did unit 1203 last sell for?
AED 4,250,000 on 22 January 2024: AED 3,175 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,997,260 in December 2010.
What is the rent for unit 1203?
AED 180,000 a year on the contract signed on 10 September 2023. The previous contract, from September 2020, was AED 120,000; the unit has been rented since May 2014.
How big is unit 1203?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1203 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 1203, Oceana - Adriatic
Starts from the last sale price (AED 4.25M, 22 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →