3-bed · 2,280 sqftOceana - Aegean, Palm Jumeirah · 12th floor · completed 2010

1102, Oceana - Aegean

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 5.68M30 November 2023
Current rentAED 150K /yr24 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Oceana - Aegean

What is 1102 worth today?

Last sold for AED 5,675,000 in 2023

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30 Nov 2023SoldReady
AED 5,675,000AED 2,489 per sqft
29 Mar 2021SoldReady
AED 2,500,000AED 1,096 per sqft
24 Sep 2020RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
1 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
1 Oct 2017RentedRenewal
AED 200,000/yr12 months · AED 88 per sqft
1 Oct 2016RentedNew contract
AED 228,217/yr12 months · AED 100 per sqft
1 Oct 2015RentedRenewal
AED 217,350/yr12 months · AED 95 per sqft
1 Oct 2014RentedNew contract
AED 207,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
12th of 14
Parking
B1-1100,1099
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5.68M · November 2023

About 1102, Oceana - Aegean

1102 is a three-bedroom apartment of 2,280 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 30 November 2023 for AED 5,675,000, or AED 2,489 per sqft, 23% above the AED 2,023 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 24 September 2020, is AED 150,000 a year: a gross yield of 2.6% on the 2023 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical three-bed in Oceana - Aegean
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 2,947,128; 2011 AED 2,623,978; 2012 AED 3,025,000; 2014 AED 4,650,000; 2023 AED 4,775,000; 2025 AED 5,012,650Sold by developer, January 2011: AED 2,985,906 (AED 1,309 per sqft)Sold, March 2021: AED 2,500,000 (AED 1,096 per sqft)Sold, November 2023: AED 5,675,000 (AED 2,489 per sqft)

1102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, each contractTypical three-bed in Oceana - Aegean
200K300K2012201620202024Typical rent by year: 2012 AED 250,000; 2013 AED 202,500; 2014 AED 255,000; 2015 AED 260,000; 2016 AED 230,000; 2017 AED 210,000; 2018 AED 194,732; 2019 AED 186,000; 2020 AED 157,500; 2021 AED 169,125; 2022 AED 185,000; 2023 AED 272,500; 2024 AED 305,000; 2025 AED 310,000; 2026 AED 315,000New contract, October 2013: AED 180,000 a yearNew contract, October 2014: AED 207,000 a yearRenewal, October 2015: AED 217,350 a yearNew contract, October 2016: AED 228,217 a yearRenewal, October 2017: AED 200,000 a yearRenewal, October 2018: AED 170,000 a yearNew contract, September 2020: AED 150,000 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 - Aegean, and where 1102 sits

All 26 3-beds →

1102 last sold in November 2023 at AED 2,489 per sqft, 23% above what three-beds in Oceana - Aegean were fetching at the time (AED 2,023). Over the last 12 months three-beds sold for AED 6,000,000 to 7,250,000, around AED 2,819 per sqft, and rent for AED 280,000 to 360,000 a year. 1102's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Sep 20266,000,000
20 Nov 20257,250,000
7 Aug 20254,166,452
17 Apr 20254,425,300
2 3-bed sales in the last 12 months

Oceana - Aegean

Building

92 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%
Oceana - Aegean, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 92 units in Oceana - Aegean
Value
11012-bedAED 3.85M · Mar 2023
11031-bedAED 1.65M · Dec 2010
11041-bedAED 1.8M · Jun 2011
11053-bedAED 4.5M · Mar 2023
11062-bedAED 4.1M · Jun 2023

1102, Oceana - Aegean in numbers

  • Sold 3 times: first on 3 January 2011 for AED 2,985,906, last on 30 November 2023 for AED 5,675,000 (AED 2,489 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 2.6%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
  • Three-beds in Oceana - Aegean sold for AED 6,000,000–7,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,819 per sqft.

Source: Dubai Land Department. Updated 30 November 2023.

Questions about 1102, Oceana - Aegean

What did unit 1102 last sell for?

AED 5,675,000 on 30 November 2023: AED 2,489 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,985,906 in January 2011.

What is the rent for unit 1102?

AED 150,000 a year on the contract signed on 24 September 2020. The previous contract, from October 2018, was AED 170,000; the unit has been rented since October 2013.

How big is unit 1102?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Aegean sold for AED 6,000,000 to 7,250,000 in the last 12 months, around AED 2,819 per sqft.

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Mortgage on 1102, Oceana - Aegean

Starts from the last sale price (AED 5.68M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,675,000
Deposit, UAE resident (20%)
AED 1,135,000
Deposit, non-resident (40%)
AED 2,270,000
Monthly over 25 years at 3.7%
AED 23,218

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