3-bed · 2,440 sqftOceana - Adriatic, Palm Jumeirah · 4th floor · completed 2010

305, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 9 February 2022
Last soldAED 6.8M9 February 2022
Current rentAED 245K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Oceana - Adriatic

What is 305 worth today?

Last sold for AED 6,800,000 in 2022

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9 Feb 2022SoldReady
AED 6,800,000AED 2,787 per sqft
5 May 2021SoldReady
AED 5,500,000AED 2,254 per sqft
1 Jun 2020RentedNew contract
AED 245,000/yr12 months · AED 100 per sqft
18 Aug 2010Sold by developerReady
AED 3,148,774AED 1,290 per sqft

Source: Dubai Land Department. Updated 9 February 2022.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
B2-2408,2409 , B2-2A1-12, B2-2A1-13
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 6.8M · February 2022

About 305, Oceana - Adriatic

305 is a three-bedroom apartment of 2,440 sqft on the 4th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 February 2022 for AED 6,800,000, or AED 2,787 per sqft, 22% above the AED 2,280 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2020. The current contract, signed on 1 June 2020, is AED 245,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 56,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in Oceana - Adriatic
4M6M8M2010201420182022Typical sale price by year: 2010 AED 3,350,419; 2011 AED 3,443,486; 2012 AED 6,325,000; 2013 AED 5,450,000; 2021 AED 5,200,000; 2022 AED 7,500,000; 2024 AED 6,650,000Sold by developer, August 2010: AED 3,148,774 (AED 1,290 per sqft)Sold, May 2021: AED 5,500,000 (AED 2,254 per sqft)Sold, February 2022: AED 6,800,000 (AED 2,787 per sqft)

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

Rents
Unit 305, each contractTypical three-bed in Oceana - Adriatic
200K300K2013201720212025Typical rent by year: 2013 AED 270,000; 2014 AED 295,000; 2015 AED 312,500; 2016 AED 322,500; 2018 AED 245,000; 2019 AED 245,000; 2020 AED 215,000; 2021 AED 205,000; 2022 AED 258,025; 2023 AED 282,500; 2024 AED 350,000; 2025 AED 360,000; 2026 AED 346,500New contract, June 2020: AED 245,000 a year

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

3-beds in Oceana - Adriatic, and where 305 sits

All 26 3-beds →

305 last sold in February 2022 at AED 2,787 per sqft, 22% above what three-beds in Oceana - Adriatic were fetching at the time (AED 2,280). Over the last 12 months three-beds sold for AED 5,000,000, around AED 2,193 per sqft, and rent for AED 300,000 to 580,000 a year. 305's AED 245,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20265,000,000
10 Oct 20248,500,000
27 Jun 20246,250,000
4 Jun 20241,550,000
1 3-bed sale 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 4th floor

All 92 units in Oceana - Adriatic
Value
3012-bedAED 4.9M · May 2023
3023-bedAED 3.93M · Dec 2011
3031-bedAED 1.95M · Nov 2011
3041-bedAED 2.49M · Oct 2023
3062-bedAED 4.45M · Sep 2013

305, Oceana - Adriatic in numbers

  • Sold 3 times: first on 18 August 2010 for AED 3,148,774, last on 9 February 2022 for AED 6,800,000 (AED 2,787 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).
  • Three-beds in Oceana - Adriatic sold for AED 5,000,000–5,000,000 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 9 February 2022.

Questions about 305, Oceana - Adriatic

What did unit 305 last sell for?

AED 6,800,000 on 9 February 2022: AED 2,787 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,148,774 in August 2010.

What is the rent for unit 305?

AED 245,000 a year on the contract signed on 1 June 2020.

How big is unit 305?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Adriatic sold for AED 5,000,000 to 5,000,000 in the last 12 months, around AED 2,193 per sqft.

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Mortgage on 305, Oceana - Adriatic

Starts from the last sale price (AED 6.8M, 9 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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