3-bed · 2,280 sqftOceana - Adriatic, Palm Jumeirah · 1st floor · completed 2010

D02, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D02 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 6.25M27 June 2024
Current rentAED 271K /yr17 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D02, Oceana - Adriatic

What is D02 worth today?

Last sold for AED 6,250,000 in 2024

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27 Jun 2024SoldReady
AED 6,250,000AED 2,741 per sqft
17 Dec 2022RentedRenewal
AED 271,049/yr10 months · AED 119 per sqft
23 May 2022SoldReady
AED 5,800,000AED 2,543 per sqft
17 Dec 2021RentedNew contract
AED 270,000/yr12 months · AED 118 per sqft
17 Dec 2021RentedNew contract
AED 270,000/yr12 months · AED 118 per sqft
15 Aug 2021RentedRenewal
AED 189,000/yr4 months · AED 83 per sqft
15 Aug 2020RentedNew contract
AED 180,000/yr12 months · AED 79 per sqft
4 Sep 2019RentedNew contract
AED 245,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
1st of 14
Parking
B2-2328,2329
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 6.25M · June 2024

About D02, Oceana - Adriatic

D02 is a three-bedroom apartment of 2,280 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 27 June 2024 for AED 6,250,000, or AED 2,741 per sqft, 3% below the AED 2,829 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 17 December 2022, is AED 271,049 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 52,700 a year.

Sales and rents for D02 over time

Sales
Unit D02, each saleTypical three-bed in Oceana - Adriatic
2.5M5M7.5M2010201420182022Typical 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, January 2011: AED 2,583,333 (AED 1,133 per sqft)Sold, May 2022: AED 5,800,000 (AED 2,543 per sqft)Sold, June 2024: AED 6,250,000 (AED 2,741 per sqft)

D02 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit D02, each contractTypical three-bed in Oceana - Adriatic
200K300K2013201720212025Typical 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, May 2014: AED 265,000 a yearNew contract, May 2016: AED 340,000 a yearNew contract, September 2018: AED 245,000 a yearNew contract, September 2019: AED 245,000 a yearNew contract, August 2020: AED 180,000 a yearRenewal, August 2021: AED 189,000 a yearNew contract, December 2021: AED 270,000 a yearNew contract, December 2021: AED 270,000 a yearRenewal, December 2022: AED 271,049 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 D02 sits

All 26 3-beds →

D02 last sold in June 2024 at AED 2,741 per sqft, 3% below what three-beds in Oceana - Adriatic were fetching at the time (AED 2,829). 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. D02's AED 271,049 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
4 Jun 20241,550,000
29 May 20248,500,000
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 1st floor

All 92 units in Oceana - Adriatic
Value
D012-bedAED 4.3M · Jul 2022
D031-bedAED 1.92M · Nov 2018
D041-bedAED 2.4M · Jul 2013
D053-bedAED 6.25M · Dec 2012
D062-bedAED 5M · May 2022

D02, Oceana - Adriatic in numbers

  • Sold 3 times: first on 4 January 2011 for AED 2,583,333, last on 27 June 2024 for AED 6,250,000 (AED 2,741 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 265,000 to AED 180,000 in 2020 and recovered to AED 271,049 by December 2022.
  • At AED 271,049 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 52,700 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 2024.

Questions about D02, Oceana - Adriatic

What did unit D02 last sell for?

AED 6,250,000 on 27 June 2024: AED 2,741 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,583,333 in January 2011.

What is the rent for unit D02?

AED 271,049 a year on the contract renewed on 17 December 2022. The previous contract, from December 2021, was AED 270,000; the unit has been rented since May 2014.

How big is unit D02?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D02 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 D02, Oceana - Adriatic

Starts from the last sale price (AED 6.25M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,250,000
Deposit, UAE resident (20%)
AED 1,250,000
Deposit, non-resident (40%)
AED 2,500,000
Monthly over 25 years at 3.7%
AED 25,571

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