2-bed · 1,709 sqftOceana - Adriatic, Palm Jumeirah · 3rd floor · completed 2010

201, Oceana - Adriatic

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 5M26 January 2024
Current rentAED 170K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Oceana - Adriatic

What is 201 worth today?

Last sold for AED 5,000,000 in 2024

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26 Jan 2024SoldReady
AED 5,000,000AED 2,925 per sqft
10 Oct 2021RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
10 Oct 2020RentedRenewal
AED 160,000/yr12 months · AED 93 per sqft
10 Oct 2019RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
10 Oct 2018RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
10 Sep 2016RentedRenewal
AED 224,377/yr12 months · AED 131 per sqft
10 Sep 2015RentedRenewal
AED 225,000/yr12 months · AED 131 per sqft
10 Sep 2014RentedRenewal
AED 225,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2372
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5M · January 2024

About 201, Oceana - Adriatic

201 is a two-bedroom apartment of 1,709 sqft on the 3rd floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 26 January 2024 for AED 5,000,000, or AED 2,925 per sqft, in line with the AED 2,925 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 October 2021, is AED 170,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Oceana - Adriatic
2M4M6M2010201420182022Typical 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 2,405,340 (AED 1,407 per sqft)Sold, January 2024: AED 5,000,000 (AED 2,925 per sqft)

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

Rents
Unit 201, 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, September 2012: AED 147,000 a yearNew contract, September 2013: AED 225,000 a yearRenewal, September 2014: AED 225,000 a yearRenewal, September 2015: AED 225,000 a yearRenewal, September 2016: AED 224,377 a yearNew contract, October 2018: AED 170,000 a yearNew contract, October 2019: AED 170,000 a yearRenewal, October 2020: AED 160,000 a yearRenewal, October 2021: AED 170,000 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 201 sits

All 29 2-beds →

201 last sold in January 2024 at AED 2,925 per sqft, in line with what two-beds in Oceana - Adriatic were fetching at the time (AED 2,925). 201's AED 170,000 is at the bottom 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 3rd floor

All 92 units in Oceana - Adriatic
Value
2023-bedAED 6.65M · Feb 2024
2031-bedAED 1.71M · Oct 2010
2041-bedAED 1.71M · May 2011
2053-bedAED 3.1M · Dec 2010
2062-bedAED 5.9M · Aug 2024

201, Oceana - Adriatic in numbers

  • Sold twice: first on 2 January 2011 for AED 2,405,340, last on 26 January 2024 for AED 5,000,000 (AED 2,925 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 147,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 26 January 2024.

Questions about 201, Oceana - Adriatic

What did unit 201 last sell for?

AED 5,000,000 on 26 January 2024: AED 2,925 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,405,340 in January 2011.

What is the rent for unit 201?

AED 170,000 a year on the contract renewed on 10 October 2021. The previous contract, from October 2020, was AED 160,000; the unit has been rented since September 2012.

How big is unit 201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 201 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 201, Oceana - Adriatic

Starts from the last sale price (AED 5M, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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