
701, Oceana - Adriatic
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Oceana - Adriatic
What is 701 worth today?
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Source: Dubai Land Department. Updated 11 May 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B2-2399
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.95M · December 2013
- Building
- Oceana - Adriatic
About 701, Oceana - Adriatic
701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 16 December 2013 for AED 4,950,000, or AED 2,896 per sqft, 12% above the AED 2,589 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 11 May 2015, is AED 234,423 a year: a gross yield of 4.7% on the 2013 price, before the service charge of about AED 39,500 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 29 2-beds →701 last sold in December 2013 at AED 2,896 per sqft, 12% above what two-beds in Oceana - Adriatic were fetching at the time (AED 2,589). 701's AED 234,423 is in the lower half 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 8th floor
All 92 units in Oceana - Adriatic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,280 sqft | AED 5.45MAED 5,450,000 · Feb 2013February 2013 | 580,000 /yr | |
| 703 | 1-bed | 1,338 sqft | AED 1.87MAED 1,869,231 · Jan 2011January 2011 | 200,000 /yr | |
| 704 | 1-bed | 1,338 sqft | AED 2.9MAED 2,900,000 · Mar 2022March 2022 | 160,000 /yr | |
| 705 | 3-bed | 2,440 sqft | AED 3.4MAED 3,396,953 · Jan 2011January 2011 | ||
| 706 | 2-bed | 1,709 sqft | AED 2.63MAED 2,633,847 · Jan 2011January 2011 | 205,000 /yr |
701, Oceana - Adriatic in numbers
- Sold twice: first on 14 September 2010 for AED 2,633,847, last on 16 December 2013 for AED 4,950,000 (AED 2,896 per sqft).
- Rented since November 2012 on 4 Ejari contracts, from AED 235,000 to AED 234,423 a year.
- At AED 234,423 a year the gross yield on the 2013 price is 4.7%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 11 May 2015.
Questions about 701, Oceana - Adriatic
What did unit 701 last sell for?
AED 4,950,000 on 16 December 2013: AED 2,896 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,633,847 in September 2010.
What is the rent for unit 701?
AED 234,423 a year on the contract signed on 11 May 2015. The previous contract, from November 2014, was AED 235,000; the unit has been rented since November 2012.
How big is unit 701?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.
What is unit 701 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 701, Oceana - Adriatic
Starts from the last sale price (AED 4.95M, 16 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →