1-bed · 1,338 sqftOceana - Aegean, Palm Jumeirah · 5th floor · completed 2010

403, Oceana - Aegean

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 29 October 2017
Last soldAED 2.1M29 October 2017
Current rentAED 144K /yr10 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Oceana - Aegean

What is 403 worth today?

Last sold for AED 2,100,000 in 2017

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29 Oct 2017SoldReady
AED 2,100,000AED 1,569 per sqft
5 Apr 2017SoldReady
AED 1,850,000AED 1,382 per sqft
10 May 2016RentedRenewal
AED 144,100/yr12 months · AED 108 per sqft
10 May 2015RentedNew contract
AED 144,100/yr12 months · AED 108 per sqft
10 May 2014RentedNew contract
AED 144,100/yr12 months · AED 108 per sqft
11 May 2013RentedNew contract
AED 131,000/yr12 months · AED 98 per sqft
11 Oct 2010Sold by developerReady
AED 1,386,986AED 1,036 per sqft

Source: Dubai Land Department. Updated 29 October 2017.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
5th of 14
Parking
B1-1089
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.1M · October 2017

About 403, Oceana - Aegean

403 is a one-bedroom apartment of 1,338 sqft on the 5th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 29 October 2017 for AED 2,100,000, or AED 1,569 per sqft, in line with the AED 1,569 one-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 10 May 2016, is AED 144,100 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 30,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, October 2010: AED 1,386,986 (AED 1,036 per sqft)Sold, April 2017: AED 1,850,000 (AED 1,382 per sqft)Sold, October 2017: AED 2,100,000 (AED 1,569 per sqft)

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

Rents
Unit 403, 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, May 2013: AED 131,000 a yearNew contract, May 2014: AED 144,100 a yearNew contract, May 2015: AED 144,100 a yearRenewal, May 2016: AED 144,100 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 403 sits

All 34 1-beds →

403 last sold in October 2017 at AED 1,569 per sqft, in line with what one-beds in Oceana - Aegean were fetching at the time (AED 1,569). 403's AED 144,100 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 5th floor

All 92 units in Oceana - Aegean
Value
4012-bedAED 4.35M · Aug 2023
4023-bedAED 2.92M · Jun 2021
4041-bedAED 1.39M · Oct 2010
4053-bedAED 6M · Sep 2026
4062-bedAED 2.06M · Jan 2011

403, Oceana - Aegean in numbers

  • Sold 3 times: first on 11 October 2010 for AED 1,386,986, last on 29 October 2017 for AED 2,100,000 (AED 1,569 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 131,000 to AED 144,100 a year.
  • At AED 144,100 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 29 October 2017.

Questions about 403, Oceana - Aegean

What did unit 403 last sell for?

AED 2,100,000 on 29 October 2017: AED 1,569 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,386,986 in October 2010.

What is the rent for unit 403?

AED 144,100 a year on the contract renewed on 10 May 2016. The previous contract, from May 2015, was AED 144,100; the unit has been rented since May 2013.

How big is unit 403?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 403 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 403, Oceana - Aegean

Starts from the last sale price (AED 2.1M, 29 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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