1-bed · 1,338 sqftOceana - Adriatic, Palm Jumeirah · 5th floor · completed 2010

403, Oceana - Adriatic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.76M19 January 2011
Current rentAED 159K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Oceana - Adriatic

What is 403 worth today?

Last sold for AED 1,758,272 in 2011

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1 Dec 2024RentedRenewal
AED 159,410/yr9 months · AED 119 per sqft
30 Nov 2024RentedRenewal
AED 157,183/yr9 months · AED 118 per sqft
1 Dec 2023RentedRenewal
AED 160,000/yr12 months · AED 120 per sqft
1 Dec 2022RentedRenewal
AED 160,000/yr12 months · AED 120 per sqft
1 Dec 2021RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
11 Nov 2019RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
1 Nov 2018RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft
19 Jan 2011Sold by developerReady
AED 1,758,272AED 1,313 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
5th of 14
Parking
B2-2381
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.76M · January 2011

About 403, Oceana - Adriatic

403 is a one-bedroom apartment of 1,338 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 19 January 2011 for AED 1,758,272, or AED 1,313 per sqft, 4% below the AED 1,368 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 159,410 a year: a gross yield of 9.1% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Oceana - Adriatic
2M4M2010201520202025Typical sale price by year: 2010 AED 1,784,010; 2011 AED 1,843,625; 2012 AED 1,755,725; 2013 AED 2,400,000; 2014 AED 3,065,000; 2018 AED 2,650,000; 2022 AED 2,900,000; 2023 AED 3,850,000; 2025 AED 4,400,000; 2026 AED 4,850,000Sold by developer, January 2011: AED 1,758,272 (AED 1,313 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Oceana - Adriatic
150K2013201720212025Typical rent by year: 2013 AED 137,500; 2014 AED 158,077; 2015 AED 140,000; 2016 AED 150,000; 2018 AED 130,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 117,500; 2022 AED 145,000; 2023 AED 163,750; 2024 AED 160,000; 2025 AED 175,000; 2026 AED 170,000New contract, November 2018: AED 165,000 a yearNew contract, November 2019: AED 150,000 a yearNew contract, December 2021: AED 160,000 a yearRenewal, December 2022: AED 160,000 a yearRenewal, December 2023: AED 160,000 a yearRenewal, November 2024: AED 157,183 a yearRenewal, December 2024: AED 159,410 a year

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 403 sits

All 35 1-beds →

403 last sold in January 2011 at AED 1,313 per sqft, 4% below what one-beds in Oceana - Adriatic were fetching at the time (AED 1,368). 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. 403's AED 159,410 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Apr 20265,400,000
6 Apr 20261,500,000
10 Feb 20264,850,000
17 Dec 20254,400,000
4 1-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
4012-bedAED 4.9M · Dec 2022
4023-bedAED 3.58M · Jan 2011
4041-bedAED 1.76M · Jan 2011
4053-bedAED 8.5M · Oct 2024
4062-bedAED 5.7M · Jul 2024

403, Oceana - Adriatic in numbers

  • Sold once: by Seven Tides on 19 January 2011 for AED 1,758,272, or AED 1,313 per sqft.
  • Rented since November 2018 on 7 Ejari contracts, from AED 165,000 to AED 159,410 a year.
  • At AED 159,410 a year the gross yield on the 2011 price is 9.1%, 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 1 December 2024.

Questions about 403, Oceana - Adriatic

What did unit 403 last sell for?

AED 1,758,272 on 19 January 2011, sold by the developer: AED 1,313 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 159,410 a year on the contract renewed on 1 December 2024. The previous contract, from November 2024, was AED 157,183; the unit has been rented since November 2018.

How big is unit 403?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 403 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 403, Oceana - Adriatic

Starts from the last sale price (AED 1.76M, 19 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,758,272
Deposit, UAE resident (20%)
AED 351,654
Deposit, non-resident (40%)
AED 703,309
Monthly over 25 years at 3.7%
AED 7,194

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