2-bed · 1,709 sqftOceana - Adriatic, Palm Jumeirah · 5th floor · completed 2010

401, Oceana - Adriatic

Sold prices and rental history: sold twice, last in December 2022, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 4.9M22 December 2022
Current rentAED 235K /yr7 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Oceana - Adriatic

What is 401 worth today?

Last sold for AED 4,900,000 in 2022

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22 Dec 2022SoldReady
AED 4,900,000AED 2,866 per sqft
7 Sep 2016RentedNew contract
AED 235,000/yr12 months · AED 137 per sqft
2 May 2011Sold by developerReady
AED 2,477,500AED 1,449 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
5th of 14
Parking
B2-2380
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.9M · December 2022

About 401, Oceana - Adriatic

401 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 22 December 2022 for AED 4,900,000, or AED 2,866 per sqft, 10% above the AED 2,603 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2016. The current contract, signed on 7 September 2016, is AED 235,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, May 2011: AED 2,477,500 (AED 1,449 per sqft)Sold, December 2022: AED 4,900,000 (AED 2,866 per sqft)

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

Rents
Unit 401, 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 2016: AED 235,000 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 401 sits

All 29 2-beds →

401 last sold in December 2022 at AED 2,866 per sqft, 10% above what two-beds in Oceana - Adriatic were fetching at the time (AED 2,603). 401's AED 235,000 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 5th floor

All 92 units in Oceana - Adriatic
Value
4023-bedAED 3.58M · Jan 2011
4031-bedAED 1.76M · Jan 2011
4041-bedAED 1.76M · Jan 2011
4053-bedAED 8.5M · Oct 2024
4062-bedAED 5.7M · Jul 2024

401, Oceana - Adriatic in numbers

  • Sold twice: first on 2 May 2011 for AED 2,477,500, last on 22 December 2022 for AED 4,900,000 (AED 2,866 per sqft).
  • Rented since September 2016 on one Ejari contract, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 22 December 2022.

Questions about 401, Oceana - Adriatic

What did unit 401 last sell for?

AED 4,900,000 on 22 December 2022: AED 2,866 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,477,500 in May 2011.

What is the rent for unit 401?

AED 235,000 a year on the contract signed on 7 September 2016.

How big is unit 401?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 401 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 401, Oceana - Adriatic

Starts from the last sale price (AED 4.9M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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