3-bed · 2,440 sqftOceana - Adriatic, Palm Jumeirah · 7th floor · completed 2010

605, Oceana - Adriatic

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 7.5M27 June 2022
Current rentAED 255K /yr17 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Oceana - Adriatic

What is 605 worth today?

Last sold for AED 7,500,000 in 2022

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27 Jun 2022SoldReady
AED 7,500,000AED 3,073 per sqft
17 Nov 2019RentedNew contract
AED 255,000/yr12 months · AED 104 per sqft
18 Oct 2018RentedNew contract
AED 270,000/yr12 months · AED 111 per sqft
4 Apr 2016RentedRenewal
AED 330,000/yr12 months · AED 135 per sqft
22 Jun 2015RentedNew contract
AED 423,077/yr9 months · AED 173 per sqft
22 Jun 2014RentedRenewal
AED 330,000/yr12 months · AED 135 per sqft
22 Jun 2013RentedNew contract
AED 330,000/yr12 months · AED 135 per sqft
14 Dec 2010Sold by developerReady
AED 3,350,419AED 1,373 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
7th of 14
Parking
B2-2494,2495
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 7.5M · June 2022

About 605, Oceana - Adriatic

605 is a three-bedroom apartment of 2,440 sqft on the 7th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 27 June 2022 for AED 7,500,000, or AED 3,073 per sqft, 10% above the AED 2,787 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 17 November 2019, is AED 255,000 a year: a gross yield of 3.4% on the 2022 price, before the service charge of about AED 56,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, December 2010: AED 3,350,419 (AED 1,373 per sqft)Sold, June 2022: AED 7,500,000 (AED 3,073 per sqft)

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

Rents
Unit 605, each contractTypical three-bed in Oceana - Adriatic
200K300K400K2013201720212025Typical 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 2013: AED 330,000 a yearRenewal, June 2014: AED 330,000 a yearNew contract, June 2015: AED 423,077 a yearRenewal, April 2016: AED 330,000 a yearNew contract, October 2018: AED 270,000 a yearNew contract, November 2019: AED 255,000 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 605 sits

All 26 3-beds →

605 last sold in June 2022 at AED 3,073 per sqft, 10% above what three-beds in Oceana - Adriatic were fetching at the time (AED 2,787). 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. 605's AED 255,000 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 7th floor

All 92 units in Oceana - Adriatic
Value
6012-bedAED 5.8M · Apr 2023
6023-bedAED 3.35M · Aug 2010
6031-bedAED 1.91M · Apr 2011
6041-bedAED 4.3M · Mar 2025
6062-bedAED 3.1M · Dec 2011

605, Oceana - Adriatic in numbers

  • Sold twice: first on 14 December 2010 for AED 3,350,419, last on 27 June 2022 for AED 7,500,000 (AED 3,073 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 330,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2022 price is 3.4%, 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 27 June 2022.

Questions about 605, Oceana - Adriatic

What did unit 605 last sell for?

AED 7,500,000 on 27 June 2022: AED 3,073 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 3,350,419 in December 2010.

What is the rent for unit 605?

AED 255,000 a year on the contract signed on 17 November 2019. The previous contract, from October 2018, was AED 270,000; the unit has been rented since June 2013.

How big is unit 605?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 605 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 605, Oceana - Adriatic

Starts from the last sale price (AED 7.5M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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