1-bed · 1,375 sqftOceana - Aegean, Palm Jumeirah · Ground floor · completed 2010

G02, Oceana - Aegean

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 2.16M22 June 2023
Current rentAED 100K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Oceana - Aegean

What is G02 worth today?

Last sold for AED 2,155,000 in 2023

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20 Sep 2023RentedNew contract
AED 100,033/yr5 months · AED 73 per sqft
22 Jun 2023SoldReady
AED 2,155,000AED 1,567 per sqft
20 Sep 2022RentedRenewal
AED 95,000/yr12 months · AED 69 per sqft
20 Sep 2021RentedRenewal
AED 85,000/yr12 months · AED 62 per sqft
20 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
16 Jun 2020SoldReady
AED 1,300,000AED 945 per sqft
20 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
15 Apr 2018RentedNew contract
AED 115,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
1-bed apartment
Size
1,375 sqft
Floor
Ground of 14
Parking
B1-1102
Developer
Seven Tides
Completed
2010
Service charge
AED 31,800 /yr
Last sold
AED 2.16M · June 2023

About G02, Oceana - Aegean

G02 is a one-bedroom apartment of 1,375 sqft on the ground floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 22 June 2023 for AED 2,155,000, or AED 1,567 per sqft, 14% below the AED 1,830 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 September 2023, is AED 100,033 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 31,800 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, June 2012: AED 1,320,000 (AED 960 per sqft)Sold, July 2012: AED 1,037,500 (AED 754 per sqft)Sold, June 2020: AED 1,300,000 (AED 945 per sqft)Sold, June 2023: AED 2,155,000 (AED 1,567 per sqft)

G02 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, June 2014: AED 145,000 a yearNew contract, February 2016: AED 145,000 a yearNew contract, February 2017: AED 145,000 a yearNew contract, April 2018: AED 115,000 a yearNew contract, September 2019: AED 85,000 a yearNew contract, September 2020: AED 85,000 a yearRenewal, September 2021: AED 85,000 a yearRenewal, September 2022: AED 95,000 a yearNew contract, September 2023: AED 100,033 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 G02 sits

All 34 1-beds →

G02 last sold in June 2023 at AED 1,567 per sqft, 14% below what one-beds in Oceana - Aegean were fetching at the time (AED 1,830). G02's AED 100,033 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 ground floor

All 92 units in Oceana - Aegean
Value
G012-bedAED 2.45M · Mar 2017
G031-bedAED 1.93M · Aug 2013
G041-bedAED 3M · Jan 2024
G051-bedAED 2.93M · Mar 2013
G061-bedAED 1.8M · Nov 2021
G071-bedAED 2.6M · Aug 2014
G082-bedAED 2.44M · Jul 2012

G02, Oceana - Aegean in numbers

  • Sold 4 times: first on 27 June 2012 for AED 1,320,000, last on 22 June 2023 for AED 2,155,000 (AED 1,567 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2021 and recovered to AED 100,033 by September 2023.
  • At AED 100,033 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 31,800 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 20 September 2023.

Questions about G02, Oceana - Aegean

What did unit G02 last sell for?

AED 2,155,000 on 22 June 2023: AED 1,567 per sqft for 1,375 sqft. The unit has 4 registered sales; the first was AED 1,320,000 in June 2012.

What is the rent for unit G02?

AED 100,033 a year on the contract signed on 20 September 2023. The previous contract, from September 2022, was AED 95,000; the unit has been rented since June 2014.

How big is unit G02?

1,375 sqft (127.7 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G02 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 G02, Oceana - Aegean

Starts from the last sale price (AED 2.16M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,155,000
Deposit, UAE resident (20%)
AED 431,000
Deposit, non-resident (40%)
AED 862,000
Monthly over 25 years at 3.7%
AED 8,817

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