601, Oceana - Aegean
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Oceana - Aegean
What is 601 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 7th of 14
- Parking
- B2-2093
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.6M · May 2024
- Building
- Oceana - Aegean
About 601, Oceana - Aegean
601 is a two-bedroom apartment of 1,709 sqft on the 7th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 May 2024 for AED 4,600,000, or AED 2,691 per sqft, 9% above the AED 2,472 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 130,000 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 39,500 a year.
Sales and rents for 601 over time
601 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Oceana - Aegean, and where 601 sits
All 30 2-beds →601 last sold in May 2024 at AED 2,691 per sqft, 9% above what two-beds in Oceana - Aegean were fetching at the time (AED 2,472). 601's AED 130,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20241 May 2024 | 1,709 sqft | 4,590,000 | 2,685 | ||
| 22 Dec 202322 December 2023 | 2,444 sqft | 3,250,000 | 1,329 | ||
| 11 Dec 202311 December 2023 | 1,709 sqft | 3,900,000 | 2,281 | ||
| 3 Aug 20233 August 2023 | 1,709 sqft | 4,350,000 | 2,545 |
Oceana - Aegean
Building92 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%
Other units on the 7th floor
All 92 units in Oceana - Aegean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 3-bed | 2,280 sqft | AED 2.79MAED 2,792,016 · Dec 2010December 2010 | 280,000 /yr | |
| 603 | 1-bed | 1,338 sqft | AED 2.99MAED 2,990,000 · Jun 2015June 2015 | 190,000 /yr | |
| 604 | 1-bed | 1,338 sqft | AED 2.3MAED 2,300,000 · Oct 2021October 2021 | 210,000 /yr | |
| 605 | 3-bed | 2,440 sqft | AED 4.43MAED 4,425,300 · Apr 2025April 2025 | 270,000 /yr | |
| 606 | 2-bed | 855 sqft | AED 1.28MAED 1,281,751 · May 2017May 2017 | 245,000 /yr |
601, Oceana - Aegean in numbers
- Sold 3 times: first on 27 January 2011 for AED 2,200,000, last on 1 May 2024 for AED 4,600,000 (AED 2,691 per sqft).
- Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 210,000 to AED 110,000 in 2020 and recovered to AED 130,000 by September 2022.
- At AED 130,000 a year the gross yield on the 2024 price is 2.8%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 601, Oceana - Aegean
What did unit 601 last sell for?
AED 4,600,000 on 1 May 2024: AED 2,691 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,200,000 in January 2011.
What is the rent for unit 601?
AED 130,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 115,000; the unit has been rented since July 2012.
How big is unit 601?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.
What is unit 601 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 601, Oceana - Aegean
Starts from the last sale price (AED 4.6M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,600,000
- Deposit, UAE resident (20%)
- AED 920,000
- Deposit, non-resident (40%)
- AED 1,840,000
- Monthly over 25 years at 3.7%
- AED 18,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →