1-bed · 1,338 sqftOceana - Aegean, Palm Jumeirah · 7th floor · completed 2010

603, Oceana - Aegean

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 2.99M28 June 2015
Current rentAED 190K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Oceana - Aegean

What is 603 worth today?

Last sold for AED 2,990,000 in 2015

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7 Nov 2024RentedRenewal
AED 190,000/yr12 months · AED 142 per sqft
7 Nov 2023RentedNew contract
AED 190,000/yr12 months · AED 142 per sqft
2 Sep 2022RentedRenewal
AED 113,000/yr12 months · AED 85 per sqft
2 Sep 2021RentedRenewal
AED 113,000/yr12 months · AED 85 per sqft
2 Sep 2020RentedRenewal
AED 113,000/yr12 months · AED 85 per sqft
2 Sep 2019RentedNew contract
AED 122,000/yr12 months · AED 91 per sqft
1 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
8 Dec 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
7th of 14
Parking
B2-2105
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.99M · June 2015

About 603, Oceana - Aegean

603 is a one-bedroom apartment of 1,338 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 28 June 2015 for AED 2,990,000, or AED 2,234 per sqft, 11% above the AED 2,017 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 November 2024, is AED 190,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 30,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, January 2011: AED 1,650,000 (AED 1,233 per sqft)Sold, October 2013: AED 2,400,000 (AED 1,793 per sqft)Sold, June 2015: AED 2,990,000 (AED 2,234 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Oceana - Aegean
100K150K200K2013201720212025Typical 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, December 2014: AED 190,000 a yearNew contract, December 2015: AED 160,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, September 2019: AED 122,000 a yearRenewal, September 2020: AED 113,000 a yearRenewal, September 2021: AED 113,000 a yearRenewal, September 2022: AED 113,000 a yearNew contract, November 2023: AED 190,000 a yearRenewal, November 2024: AED 190,000 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 603 sits

All 34 1-beds →

603 last sold in June 2015 at AED 2,234 per sqft, 11% above what one-beds in Oceana - Aegean were fetching at the time (AED 2,017). 603's AED 190,000 is in the lower half 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 7th floor

All 92 units in Oceana - Aegean
Value
6012-bedAED 4.6M · May 2024
6023-bedAED 2.79M · Dec 2010
6041-bedAED 2.3M · Oct 2021
6053-bedAED 4.43M · Apr 2025
6062-bedAED 1.28M · May 2017

603, Oceana - Aegean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 1,650,000, last on 28 June 2015 for AED 2,990,000 (AED 2,234 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 113,000 in 2022 and recovered to AED 190,000 by November 2024.
  • At AED 190,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 7 November 2024.

Questions about 603, Oceana - Aegean

What did unit 603 last sell for?

AED 2,990,000 on 28 June 2015: AED 2,234 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,650,000 in January 2011.

What is the rent for unit 603?

AED 190,000 a year on the contract renewed on 7 November 2024. The previous contract, from November 2023, was AED 190,000; the unit has been rented since December 2014.

How big is unit 603?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 603 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 603, Oceana - Aegean

Starts from the last sale price (AED 2.99M, 28 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,990,000
Deposit, UAE resident (20%)
AED 598,000
Deposit, non-resident (40%)
AED 1,196,000
Monthly over 25 years at 3.7%
AED 12,233

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