706, Oceana - Adriatic
Sold prices and rental history: sold once, by the developer in January 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 706, Oceana - Adriatic
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B1-1461
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.63M · January 2011
- Building
- Oceana - Adriatic
About 706, Oceana - Adriatic
706 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. The developer sold it on 2 January 2011 for AED 2,633,847, or AED 1,540 per sqft, in line with the AED 1,519 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 205,000 a year: a gross yield of 7.8% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 706 over time
706 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 706 sits
All 29 2-beds →706 last sold in January 2011 at AED 1,540 per sqft, in line with what two-beds in Oceana - Adriatic were fetching at the time (AED 1,519). 706's AED 205,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,709 sqft | AED 4.95MAED 4,950,000 · Dec 2013December 2013 | 234,423 /yr | |
| 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, Oceana - Adriatic in numbers
- Sold once: by Seven Tides on 2 January 2011 for AED 2,633,847, or AED 1,540 per sqft.
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 198,450 to AED 155,000 in 2021 and recovered to AED 205,000 by February 2025.
- At AED 205,000 a year the gross yield on the 2011 price is 7.8%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 1 February 2025.
Questions about 706, Oceana - Adriatic
What did unit 706 last sell for?
AED 2,633,847 on 2 January 2011, sold by the developer: AED 1,540 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 205,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 200,000; the unit has been rented since October 2013.
How big is unit 706?
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 706 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 706, Oceana - Adriatic
Starts from the last sale price (AED 2.63M, 2 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,633,847
- Deposit, UAE resident (20%)
- AED 526,769
- Deposit, non-resident (40%)
- AED 1,053,539
- Monthly over 25 years at 3.7%
- AED 10,776
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →