1-bed · 1,338 sqftOceana - Aegean, Palm Jumeirah · 12th floor · completed 2010

1104, Oceana - Aegean

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 1.7M16 June 2011
Current rentAED 115K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Oceana - Aegean

What is 1104 worth today?

Last sold for AED 1,700,000 in 2011

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14 Feb 2024RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
14 Feb 2023RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
14 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
14 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
7 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
7 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
7 Jan 2018RentedRenewal
AED 160,000/yr12 months · AED 120 per sqft
7 Jan 2017RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
12th of 14
Parking
B2-2039
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.7M · June 2011

About 1104, Oceana - Aegean

1104 is a one-bedroom apartment of 1,338 sqft on the 12th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 16 June 2011 for AED 1,700,000, or AED 1,270 per sqft, 10% above the AED 1,156 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 115,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in Oceana - Aegean
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,386,986; 2011 AED 1,625,000; 2012 AED 1,623,360; 2013 AED 2,162,500; 2014 AED 2,600,000; 2017 AED 2,150,000; 2021 AED 1,800,000; 2023 AED 2,675,000; 2025 AED 3,350,000Sold by developer, June 2011: AED 1,700,000 (AED 1,270 per sqft)Sold, June 2011: AED 1,800,000 (AED 1,345 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Oceana - Aegean
100K150K2013201720212025Typical rent by year: 2013 AED 131,000; 2014 AED 160,000; 2015 AED 154,813; 2016 AED 150,000; 2017 AED 142,500; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 115,000; 2023 AED 162,500; 2024 AED 170,000; 2025 AED 165,000; 2026 AED 165,000New contract, August 2014: AED 141,750 a yearNew contract, October 2015: AED 160,000 a yearNew contract, January 2017: AED 160,000 a yearRenewal, January 2018: AED 160,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, January 2020: AED 130,000 a yearNew contract, February 2021: AED 115,000 a yearRenewal, February 2022: AED 115,000 a yearRenewal, February 2023: AED 115,000 a yearRenewal, February 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oceana - Aegean, and where 1104 sits

All 34 1-beds →

1104 last sold in June 2011 at AED 1,270 per sqft, 10% above what one-beds in Oceana - Aegean were fetching at the time (AED 1,156). 1104's AED 115,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20253,760,000
9 Apr 20253,100,000
11 Feb 20253,350,000
25 Jan 20243,000,000
0 1-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
11023-bedAED 5.68M · Nov 2023
11031-bedAED 1.65M · Dec 2010
11053-bedAED 4.5M · Mar 2023
11062-bedAED 4.1M · Jun 2023

1104, Oceana - Aegean in numbers

  • Sold twice: first on 16 June 2011 for AED 1,800,000, last on 16 June 2011 for AED 1,700,000 (AED 1,270 per sqft).
  • Rented since August 2014 on 10 Ejari contracts, from AED 141,750 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 14 February 2024.

Questions about 1104, Oceana - Aegean

What did unit 1104 last sell for?

AED 1,700,000 on 16 June 2011, sold by the developer: AED 1,270 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in June 2011.

What is the rent for unit 1104?

AED 115,000 a year on the contract renewed on 14 February 2024. The previous contract, from February 2023, was AED 115,000; the unit has been rented since August 2014.

How big is unit 1104?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1104 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 1104, Oceana - Aegean

Starts from the last sale price (AED 1.7M, 16 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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