501, Oceana - Adriatic
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Oceana - Adriatic
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 6th of 14
- Parking
- B2-2423
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.56M · April 2011
- Building
- Oceana - Adriatic
About 501, Oceana - Adriatic
501 is a two-bedroom apartment of 1,709 sqft on the 6th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 27 April 2011 for AED 2,561,687, or AED 1,498 per sqft, in line with the AED 1,530 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 165,000 a year: a gross yield of 6.4% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 29 2-beds →501 last sold in April 2011 at AED 1,498 per sqft, in line with what two-beds in Oceana - Adriatic were fetching at the time (AED 1,530). 501's AED 165,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202526 June 2025 | 1,709 sqft | 6,500,000 | 3,802 | ||
| 28 May 202528 May 2025 | 2,444 sqft | 7,200,000 | 2,946 | ||
| 29 Aug 202429 August 2024 | 1,709 sqft | 5,900,000 | 3,451 | ||
| 15 Jul 202415 July 2024 | 1,709 sqft | 5,700,000 | 3,334 |
Oceana - Adriatic
Building92 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%
Other units on the 6th floor
All 92 units in Oceana - Adriatic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,280 sqft | AED 5MAED 5,000,000 · Mar 2026March 2026 | ||
| 503 | 1-bed | 1,338 sqft | AED 3.9MAED 3,900,000 · Nov 2022November 2022 | 210,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 3MAED 3,000,000 · Feb 2013February 2013 | ||
| 505 | 3-bed | 2,440 sqft | AED 6.4MAED 6,400,000 · Oct 2012October 2012 | 330,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 3.8MAED 3,800,000 · Mar 2022March 2022 | 129,644 /yr |
501, Oceana - Adriatic in numbers
- Sold once: by Seven Tides on 27 April 2011 for AED 2,561,687, or AED 1,498 per sqft.
- Rented since August 2013 on 6 Ejari contracts, from AED 210,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2011 price is 6.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 1 October 2021.
Questions about 501, Oceana - Adriatic
What did unit 501 last sell for?
AED 2,561,687 on 27 April 2011, sold by the developer: AED 1,498 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 165,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 165,000; the unit has been rented since August 2013.
How big is unit 501?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 501 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 501, Oceana - Adriatic
Starts from the last sale price (AED 2.56M, 27 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,561,687
- Deposit, UAE resident (20%)
- AED 512,337
- Deposit, non-resident (40%)
- AED 1,024,675
- Monthly over 25 years at 3.7%
- AED 10,481
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →