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2-bed · 2,444 sqftOceana - Adriatic, Palm Jumeirah · -1th floor · completed 2010

PR03, Oceana - Adriatic

Sold prices and rental history: sold 4 times, last in May 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR03 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 7.2M28 May 2025
Current rentAED 160K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for PR03, Oceana - Adriatic

What is PR03 worth today?

Last sold for AED 7,200,000 in 2025

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28 May 2025SoldReady
AED 7,200,000AED 2,946 per sqft
25 Jan 2023SoldReady
AED 4,450,000AED 1,820 per sqft
1 Jul 2021RentedRenewal
AED 160,000/yr12 months · AED 65 per sqft
1 Jul 2020RentedRenewal
AED 150,000/yr12 months · AED 61 per sqft
1 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
30 Dec 2013SoldReady
AED 3,425,000AED 1,401 per sqft
20 Jan 2013RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
30 Dec 2012Sold by developerReady
AED 2,500,000AED 1,023 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type
2-bed apartment
Size
2,444 sqft
Floor
-1th of 14
Parking
B1-1A1-4,1A1-5
Developer
Seven Tides
Completed
2010
Service charge
AED 56,500 /yr
Last sold
AED 7.2M · May 2025
Building
Oceana - Adriatic

About PR03, Oceana - Adriatic

PR03 is a two-bedroom apartment of 2,444 sqft on the -1th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 May 2025 for AED 7,200,000, or AED 2,946 per sqft, 12% below the AED 3,334 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 160,000 a year: a gross yield of 2.2% on the 2025 price, before the service charge of about AED 56,500 a year.

Sales and rents for PR03 over time

Sales
Unit PR03, each saleTypical two-bed in Oceana - Adriatic
2.5M5M7.5M2010201420182022Typical 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, December 2012: AED 2,500,000 (AED 1,023 per sqft)Sold, December 2013: AED 3,425,000 (AED 1,401 per sqft)Sold, January 2023: AED 4,450,000 (AED 1,820 per sqft)Sold, May 2025: AED 7,200,000 (AED 2,946 per sqft)

PR03 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit PR03, 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, January 2013: AED 200,000 a yearNew contract, July 2019: AED 150,000 a yearRenewal, July 2020: AED 150,000 a yearRenewal, July 2021: AED 160,000 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 PR03 sits

All 29 2-beds →

PR03 last sold in May 2025 at AED 2,946 per sqft, 12% below what two-beds in Oceana - Adriatic were fetching at the time (AED 3,334). PR03's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20256,500,000
29 Aug 20245,900,000
15 Jul 20245,700,000
26 Jan 20245,000,000
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 -1th floor

All 92 units in Oceana - Adriatic
Value
PR011-bedAED 4.85M · Feb 2026
PR022-bedAED 3.45M · Sep 2017
PR041-bedAED 3.85M · May 2023

PR03, Oceana - Adriatic in numbers

  • Sold 4 times: first on 30 December 2012 for AED 2,500,000, last on 28 May 2025 for AED 7,200,000 (AED 2,946 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 200,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2025 price is 2.2%, before a service charge of about AED 56,500 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 28 May 2025.

Questions about PR03, Oceana - Adriatic

What did unit PR03 last sell for?

AED 7,200,000 on 28 May 2025: AED 2,946 per sqft for 2,444 sqft. The unit has 4 registered sales; the first was AED 2,500,000 in December 2012.

What is the rent for unit PR03?

AED 160,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 150,000; the unit has been rented since January 2013.

How big is unit PR03?

2,444 sqft (227.1 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.

What is unit PR03 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 PR03, Oceana - Adriatic

Starts from the last sale price (AED 7.2M, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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