3-bed · 2,280 sqftOceana - Adriatic, Palm Jumeirah · 5th floor · completed 2010

402, Oceana - Adriatic

Sold prices and rental history: sold once, by the developer in January 2011, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 3.58M18 January 2011
Current rentAED 200K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Oceana - Adriatic

What is 402 worth today?

Last sold for AED 3,582,400 in 2011

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22 Dec 2023RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
18 Jan 2011Sold by developerReady
AED 3,582,400AED 1,571 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
5th of 14
Parking
B2-2405,2406
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3.58M · January 2011

About 402, Oceana - Adriatic

402 is a three-bedroom apartment of 2,280 sqft on the 5th 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 3,582,400, or AED 1,571 per sqft, 9% above the AED 1,440 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 December 2023. The current contract, signed on 22 December 2023, is AED 200,000 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, January 2011: AED 3,582,400 (AED 1,571 per sqft)

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

Rents
Unit 402, 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, December 2023: AED 200,000 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 402 sits

All 26 3-beds →

402 last sold in January 2011 at AED 1,571 per sqft, 9% above what three-beds in Oceana - Adriatic were fetching at the time (AED 1,440). 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. 402's AED 200,000 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 5th floor

All 92 units in Oceana - Adriatic
Value
4012-bedAED 4.9M · Dec 2022
4031-bedAED 1.76M · Jan 2011
4041-bedAED 1.76M · Jan 2011
4053-bedAED 8.5M · Oct 2024
4062-bedAED 5.7M · Jul 2024

402, Oceana - Adriatic in numbers

  • Sold once: by Seven Tides on 18 January 2011 for AED 3,582,400, or AED 1,571 per sqft.
  • Rented since December 2023 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 52,700 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 22 December 2023.

Questions about 402, Oceana - Adriatic

What did unit 402 last sell for?

AED 3,582,400 on 18 January 2011, sold by the developer: AED 1,571 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 200,000 a year on the contract signed on 22 December 2023.

How big is unit 402?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 402 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 402, Oceana - Adriatic

Starts from the last sale price (AED 3.58M, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,582,400
Deposit, UAE resident (20%)
AED 716,480
Deposit, non-resident (40%)
AED 1,432,960
Monthly over 25 years at 3.7%
AED 14,657

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