3-bed · 2,440 sqftOceana - Adriatic, Palm Jumeirah · 5th floor · completed 2010

405, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 8.5M10 October 2024
Current rentAED 150K /yr24 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Oceana - Adriatic

What is 405 worth today?

Last sold for AED 8,500,000 in 2024

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10 Oct 2024SoldReady
AED 8,500,000AED 3,483 per sqft
24 Jun 2019RentedNew contract
AED 150,000/yr36 months · AED 61 per sqft
16 Jan 2011SoldReady
AED 4,540,000AED 1,860 per sqft
5 Jan 2011Sold by developerReady
AED 3,195,307AED 1,309 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
5th of 14
Parking
B2-2402,2403
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 8.5M · October 2024

About 405, Oceana - Adriatic

405 is a three-bedroom apartment of 2,440 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 10 October 2024 for AED 8,500,000, or AED 3,483 per sqft, 19% above the AED 2,916 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 June 2019. The current contract, signed on 24 June 2019, is AED 150,000 a year: a gross yield of 1.8% on the 2024 price, before the service charge of about AED 56,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in Oceana - Adriatic
2.5M5M7.5M2010201420182022Typical 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, January 2011: AED 4,540,000 (AED 1,860 per sqft)Sold by developer, January 2011: AED 3,195,307 (AED 1,309 per sqft)Sold, October 2024: AED 8,500,000 (AED 3,483 per sqft)

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

Rents
Unit 405, 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 2019: AED 150,000 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 405 sits

All 26 3-beds →

405 last sold in October 2024 at AED 3,483 per sqft, 19% above what three-beds in Oceana - Adriatic were fetching at the time (AED 2,916). 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. 405's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20265,000,000
27 Jun 20246,250,000
4 Jun 20241,550,000
29 May 20248,500,000
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
4023-bedAED 3.58M · Jan 2011
4031-bedAED 1.76M · Jan 2011
4041-bedAED 1.76M · Jan 2011
4062-bedAED 5.7M · Jul 2024

405, Oceana - Adriatic in numbers

  • Sold 3 times: first on 5 January 2011 for AED 3,195,307, last on 10 October 2024 for AED 8,500,000 (AED 3,483 per sqft).
  • Rented since June 2019 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 1.8%, 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 10 October 2024.

Questions about 405, Oceana - Adriatic

What did unit 405 last sell for?

AED 8,500,000 on 10 October 2024: AED 3,483 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,195,307 in January 2011.

What is the rent for unit 405?

AED 150,000 a year on the contract signed on 24 June 2019.

How big is unit 405?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 405 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 405, Oceana - Adriatic

Starts from the last sale price (AED 8.5M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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