3-bed · 2,440 sqftOceana - Aegean, Palm Jumeirah · 13th floor · completed 2010

1205, Oceana - Aegean

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 4.95M31 May 2023
Current rentAED 173K /yr26 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Oceana - Aegean

What is 1205 worth today?

Last sold for AED 4,950,000 in 2023

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31 May 2023SoldReady
AED 4,950,000AED 2,028 per sqft
26 May 2022RentedRenewal
AED 173,250/yr12 months · AED 71 per sqft
26 May 2021RentedRenewal
AED 173,250/yr12 months · AED 71 per sqft
26 May 2020RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft
26 May 2019RentedRenewal
AED 190,000/yr12 months · AED 78 per sqft
26 May 2018RentedRenewal
AED 250,000/yr12 months · AED 102 per sqft
26 May 2017RentedNew contract
AED 250,000/yr12 months · AED 102 per sqft
25 Jun 2016RentedRenewal
AED 260,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
13th of 14
Parking
B2-2035,2036
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 4.95M · May 2023

About 1205, Oceana - Aegean

1205 is a three-bedroom apartment of 2,440 sqft on the 13th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 31 May 2023 for AED 4,950,000, or AED 2,028 per sqft, in line with the AED 1,972 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 26 May 2022, is AED 173,250 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 56,400 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical three-bed in Oceana - Aegean
4M20102014201820222026Typical 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, December 2010: AED 3,024,684 (AED 1,239 per sqft)Sold, June 2012: AED 2,800,000 (AED 1,147 per sqft)Sold, May 2023: AED 4,950,000 (AED 2,028 per sqft)

1205 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, 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, June 2015: AED 260,000 a yearRenewal, June 2016: AED 260,000 a yearNew contract, May 2017: AED 250,000 a yearRenewal, May 2018: AED 250,000 a yearRenewal, May 2019: AED 190,000 a yearRenewal, May 2020: AED 165,000 a yearRenewal, May 2021: AED 173,250 a yearRenewal, May 2022: AED 173,250 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 1205 sits

All 26 3-beds →

1205 last sold in May 2023 at AED 2,028 per sqft, in line with what three-beds in Oceana - Aegean were fetching at the time (AED 1,972). 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. 1205's AED 173,250 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 13th floor

All 92 units in Oceana - Aegean
Value
12012-bedAED 2.5M · Mar 2019
12023-bedAED 3.1M · Feb 2012
12031-bedAED 1.44M · Jan 2021
12041-bedAED 1.66M · Jan 2011
12062-bedAED 3.78M · Mar 2023

1205, Oceana - Aegean in numbers

  • Sold 3 times: first on 13 December 2010 for AED 3,024,684, last on 31 May 2023 for AED 4,950,000 (AED 2,028 per sqft).
  • Rented since June 2015 on 8 Ejari contracts, from AED 260,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 56,400 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 31 May 2023.

Questions about 1205, Oceana - Aegean

What did unit 1205 last sell for?

AED 4,950,000 on 31 May 2023: AED 2,028 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,024,684 in December 2010.

What is the rent for unit 1205?

AED 173,250 a year on the contract renewed on 26 May 2022. The previous contract, from May 2021, was AED 173,250; the unit has been rented since June 2015.

How big is unit 1205?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1205 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 1205, Oceana - Aegean

Starts from the last sale price (AED 4.95M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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