1101, Oceana - Aegean
Sold prices and rental history: sold 3 times, last in March 2023, 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 1101, Oceana - Aegean
What is 1101 worth today?
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Source: Dubai Land Department. Updated 24 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 12th of 14
- Parking
- B1-1143
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.85M · March 2023
- Building
- Oceana - Aegean
About 1101, Oceana - Aegean
1101 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 March 2023 for AED 3,850,000, or AED 2,252 per sqft, 4% above the AED 2,164 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 25 September 2017, is AED 165,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1101 over time
1101 has sold 3 times; 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 - Aegean, and where 1101 sits
All 30 2-beds →1101 last sold in March 2023 at AED 2,252 per sqft, 4% above what two-beds in Oceana - Aegean were fetching at the time (AED 2,164). 1101's AED 165,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20241 May 2024 | 1,709 sqft | 4,600,000 | 2,691 | ||
| 1 May 20241 May 2024 | 1,709 sqft | 4,590,000 | 2,685 | ||
| 22 Dec 202322 December 2023 | 2,444 sqft | 3,250,000 | 1,329 | ||
| 11 Dec 202311 December 2023 | 1,709 sqft | 3,900,000 | 2,281 |
Oceana - Aegean
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,819
- Typical sale
- AED 6.63M
- Typical rent
- AED 238K /yr
- Typical yield
- 4.7%
Other units on the 12th floor
All 92 units in Oceana - Aegean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 3-bed | 2,280 sqft | AED 5.68MAED 5,675,000 · Nov 2023November 2023 | 150,000 /yr | |
| 1103 | 1-bed | 1,338 sqft | AED 1.65MAED 1,650,000 · Dec 2010December 2010 | ||
| 1104 | 1-bed | 1,338 sqft | AED 1.8MAED 1,800,000 · Jun 2011June 2011 | 115,000 /yr | |
| 1105 | 3-bed | 2,440 sqft | AED 4.5MAED 4,500,800 · Mar 2023March 2023 | 190,000 /yr | |
| 1106 | 2-bed | 1,709 sqft | AED 4.1MAED 4,100,000 · Jun 2023June 2023 | 175,000 /yr |
1101, Oceana - Aegean in numbers
- Sold 3 times: first on 26 January 2011 for AED 2,315,140, last on 24 March 2023 for AED 3,850,000 (AED 2,252 per sqft).
- Rented since September 2012 on 6 Ejari contracts, from AED 170,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 24 March 2023.
Questions about 1101, Oceana - Aegean
What did unit 1101 last sell for?
AED 3,850,000 on 24 March 2023: AED 2,252 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,315,140 in January 2011.
What is the rent for unit 1101?
AED 165,000 a year on the contract signed on 25 September 2017. The previous contract, from September 2016, was AED 187,425; the unit has been rented since September 2012.
How big is unit 1101?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.
What is unit 1101 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 1101, Oceana - Aegean
Starts from the last sale price (AED 3.85M, 24 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,850,000
- Deposit, UAE resident (20%)
- AED 770,000
- Deposit, non-resident (40%)
- AED 1,540,000
- Monthly over 25 years at 3.7%
- AED 15,752
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →