1-bed · 1,338 sqftOceana - Aegean, Palm Jumeirah · 6th floor · completed 2010

504, Oceana - Aegean

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

Unit 504 · DLD and Ejari recordsUpdated 4 May 2023
Last soldAED 2.85M4 May 2023
Current rentAED 110K /yr12 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Oceana - Aegean

What is 504 worth today?

Last sold for AED 2,850,000 in 2023

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4 May 2023SoldReady
AED 2,850,000AED 2,129 per sqft
14 Feb 2022SoldReady
AED 2,300,000AED 1,718 per sqft
12 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
12 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
12 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
31 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
20 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
10 Jul 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 4 May 2023.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
6th of 14
Parking
B2-2088
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.85M · May 2023

About 504, Oceana - Aegean

504 is a one-bedroom apartment of 1,338 sqft on the 6th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 4 May 2023 for AED 2,850,000, or AED 2,129 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 12 August 2021, is AED 110,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Oceana - Aegean
2M20102014201820222026Typical 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, January 2011: AED 764,621 (AED 571 per sqft)Sold, February 2022: AED 2,300,000 (AED 1,718 per sqft)Sold, May 2023: AED 2,850,000 (AED 2,129 per sqft)

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

Rents
Unit 504, 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, March 2013: AED 150,000 a yearNew contract, July 2014: AED 180,000 a yearNew contract, July 2015: AED 160,000 a yearNew contract, July 2017: AED 140,000 a yearNew contract, July 2018: AED 115,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 110,000 a yearRenewal, August 2021: AED 110,000 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 504 sits

All 34 1-beds →

504's AED 110,000 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 6th floor

All 92 units in Oceana - Aegean
Value
5012-bedAED 2.13M · Dec 2010
5023-bedAED 4.08M · Dec 2015
5031-bedAED 1.52M · May 2011
5053-bedAED 4.7M · Nov 2022
5062-bedAED 1.72M · Sep 2020

504, Oceana - Aegean in numbers

  • Sold 3 times: first on 24 January 2011 for AED 764,621, last on 4 May 2023 for AED 2,850,000 (AED 2,129 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 150,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 4 May 2023.

Questions about 504, Oceana - Aegean

What did unit 504 last sell for?

AED 2,850,000 on 4 May 2023: AED 2,129 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 764,621 in January 2011.

What is the rent for unit 504?

AED 110,000 a year on the contract renewed on 12 August 2021. The previous contract, from August 2020, was AED 110,000; the unit has been rented since March 2013.

How big is unit 504?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 504 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 504, Oceana - Aegean

Starts from the last sale price (AED 2.85M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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