2-bed · 1,709 sqftOceana - Adriatic, Palm Jumeirah · 1st floor · completed 2010

D01, Oceana - Adriatic

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

Unit D01 · DLD and Ejari recordsUpdated 22 September 2022
Last soldAED 4.3M14 July 2022
Current rentAED 190K /yr22 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D01, Oceana - Adriatic

What is D01 worth today?

Last sold for AED 4,300,000 in 2022

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22 Sep 2022RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
14 Jul 2022SoldReady
AED 4,300,000AED 2,515 per sqft
23 Sep 2021RentedRenewal
AED 180,000/yr12 months · AED 105 per sqft
23 Sep 2020RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
20 Sep 2019RentedNew contract
AED 185,000/yr12 months · AED 108 per sqft
20 Sep 2018RentedNew contract
AED 185,000/yr12 months · AED 108 per sqft
1 Feb 2016RentedRenewal
AED 235,000/yr12 months · AED 137 per sqft
1 Feb 2015RentedNew contract
AED 235,000/yr12 months · AED 137 per sqft

Source: Dubai Land Department. Updated 22 September 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
1st of 14
Parking
B2-2327
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.3M · July 2022

About D01, Oceana - Adriatic

D01 is a two-bedroom apartment of 1,709 sqft on the 1st floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 14 July 2022 for AED 4,300,000, or AED 2,515 per sqft, 4% above the AED 2,428 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 22 September 2022, is AED 190,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for D01 over time

Sales
Unit D01, each saleTypical two-bed in Oceana - Adriatic
2M4M6M2010201420182022Typical sale price by year: 2010 AED 2,597,767; 2011 AED 2,633,847; 2012 AED 2,900,000; 2013 AED 4,425,000; 2022 AED 4,450,000; 2023 AED 4,900,000; 2024 AED 5,700,000Sold by developer, January 2011: AED 2,350,000 (AED 1,374 per sqft)Sold, July 2022: AED 4,300,000 (AED 2,515 per sqft)

D01 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit D01, each contractTypical two-bed in Oceana - Adriatic
200K300K2012201620202024Typical rent by year: 2012 AED 207,500; 2013 AED 210,000; 2014 AED 225,000; 2015 AED 234,712; 2016 AED 225,000; 2018 AED 187,500; 2019 AED 180,000; 2020 AED 162,500; 2021 AED 165,000; 2022 AED 182,923; 2023 AED 220,530; 2024 AED 300,000; 2025 AED 325,500; 2026 AED 255,000New contract, February 2013: AED 190,000 a yearNew contract, February 2014: AED 195,000 a yearNew contract, February 2015: AED 235,000 a yearRenewal, February 2016: AED 235,000 a yearNew contract, September 2018: AED 185,000 a yearNew contract, September 2019: AED 185,000 a yearNew contract, September 2020: AED 150,000 a yearRenewal, September 2021: AED 180,000 a yearNew contract, September 2022: AED 190,000 a year

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 D01 sits

All 29 2-beds →

D01 last sold in July 2022 at AED 2,515 per sqft, 4% above what two-beds in Oceana - Adriatic were fetching at the time (AED 2,428). D01's AED 190,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20256,500,000
28 May 20257,200,000
29 Aug 20245,900,000
15 Jul 20245,700,000
0 2-bed sales 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 1st floor

All 92 units in Oceana - Adriatic
Value
D023-bedAED 6.25M · Jun 2024
D031-bedAED 1.92M · Nov 2018
D041-bedAED 2.4M · Jul 2013
D053-bedAED 6.25M · Dec 2012
D062-bedAED 5M · May 2022

D01, Oceana - Adriatic in numbers

  • Sold twice: first on 4 January 2011 for AED 2,350,000, last on 14 July 2022 for AED 4,300,000 (AED 2,515 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2020 and recovered to AED 190,000 by September 2022.
  • At AED 190,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 22 September 2022.

Questions about D01, Oceana - Adriatic

What did unit D01 last sell for?

AED 4,300,000 on 14 July 2022: AED 2,515 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,350,000 in January 2011.

What is the rent for unit D01?

AED 190,000 a year on the contract signed on 22 September 2022. The previous contract, from September 2021, was AED 180,000; the unit has been rented since February 2013.

How big is unit D01?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D01 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 D01, Oceana - Adriatic

Starts from the last sale price (AED 4.3M, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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