3-bed · 2,440 sqftOceana - Aegean, Palm Jumeirah · 6th floor · completed 2010

505, Oceana - Aegean

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 4.7M24 November 2022
Current rentAED 360K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Oceana - Aegean

What is 505 worth today?

Last sold for AED 4,700,000 in 2022

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22 Aug 2025RentedRenewal
AED 360,000/yr12 months · AED 147 per sqft
22 Aug 2025RentedRenewal
AED 360,000/yr12 months · AED 147 per sqft
22 Aug 2024RentedNew contract
AED 360,000/yr12 months · AED 147 per sqft
25 May 2023RentedNew contract
AED 365,000/yr12 months · AED 149 per sqft
24 Nov 2022SoldReady
AED 4,700,000AED 1,926 per sqft
16 Jun 2021RentedRenewal
AED 160,000/yr12 months · AED 65 per sqft
16 Jun 2020RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
5 Apr 2019RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
6th of 14
Parking
B2-2100,2101
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 4.7M · November 2022

About 505, Oceana - Aegean

505 is a three-bedroom apartment of 2,440 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 24 November 2022 for AED 4,700,000, or AED 1,926 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 360,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 56,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Oceana - Aegean
2M4M20102014201820222026Typical 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, September 2011: AED 1,300,000 (AED 532 per sqft)Sold, March 2014: AED 2,100,000 (AED 860 per sqft)Sold, November 2022: AED 4,700,000 (AED 1,926 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Oceana - Aegean
200K300K400K2012201620202024Typical 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, May 2014: AED 250,000 a yearNew contract, February 2017: AED 210,000 a yearNew contract, April 2019: AED 175,000 a yearNew contract, June 2020: AED 150,000 a yearRenewal, June 2021: AED 160,000 a yearNew contract, May 2023: AED 365,000 a yearNew contract, August 2024: AED 360,000 a yearRenewal, August 2025: AED 360,000 a yearRenewal, August 2025: AED 360,000 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 505 sits

All 26 3-beds →

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. 505's AED 360,000 is at the top 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 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
5041-bedAED 2.85M · May 2023
5062-bedAED 1.72M · Sep 2020

505, Oceana - Aegean in numbers

  • Sold 3 times: first on 12 September 2011 for AED 1,300,000, last on 24 November 2022 for AED 4,700,000 (AED 1,926 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 150,000 in 2020 and recovered to AED 360,000 by August 2025.
  • At AED 360,000 a year the gross yield on the 2022 price is 7.7%, 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 22 August 2025.

Questions about 505, Oceana - Aegean

What did unit 505 last sell for?

AED 4,700,000 on 24 November 2022: AED 1,926 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in September 2011.

What is the rent for unit 505?

AED 360,000 a year on the contract renewed on 22 August 2025. The previous contract, from August 2025, was AED 360,000; the unit has been rented since May 2014.

How big is unit 505?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 505 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 505, Oceana - Aegean

Starts from the last sale price (AED 4.7M, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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