2-bed · 1,955 sqftOceana - Aegean, Palm Jumeirah · Ground floor · completed 2010

G08, Oceana - Aegean

Sold prices and rental history: sold twice, last in July 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 15 May 2021
Last soldAED 2.44M23 July 2012
Current rentAED 115K /yr15 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Oceana - Aegean

What is G08 worth today?

Last sold for AED 2,443,400 in 2012

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15 May 2021RentedRenewal
AED 115,000/yr24 months · AED 59 per sqft
15 May 2020RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft
15 May 2019RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
23 Jul 2012SoldReady
AED 2,443,400AED 1,249 per sqft
15 Jul 2012Sold by developerReady
AED 1,876,800AED 960 per sqft

Source: Dubai Land Department. Updated 15 May 2021.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B1-1156
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 2.44M · July 2012

About G08, Oceana - Aegean

G08 is a two-bedroom apartment of 1,955 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 23 July 2012 for AED 2,443,400, or AED 1,249 per sqft, in line with the AED 1,287 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 May 2021, is AED 115,000 a year: a gross yield of 4.7% on the 2012 price, before the service charge of about AED 45,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical two-bed in Oceana - Aegean
2M4M2010201420182022Typical sale price by year: 2010 AED 2,164,806; 2011 AED 2,200,000; 2012 AED 2,346,240; 2014 AED 3,490,000; 2017 AED 1,281,752; 2022 AED 3,550,000; 2023 AED 3,875,000Sold, July 2012: AED 2,443,400 (AED 1,249 per sqft)Sold by developer, July 2012: AED 1,876,800 (AED 960 per sqft)

G08 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, each contractTypical two-bed in Oceana - Aegean
100K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 185,500; 2014 AED 195,000; 2015 AED 200,000; 2016 AED 183,713; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 150,000; 2020 AED 115,000; 2021 AED 121,000; 2022 AED 135,625; 2023 AED 245,000; 2024 AED 253,000; 2025 AED 258,492; 2026 AED 245,000New contract, May 2019: AED 110,000 a yearRenewal, May 2020: AED 100,000 a yearRenewal, May 2021: AED 115,000 a year

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 G08 sits

All 30 2-beds →

G08 last sold in July 2012 at AED 1,249 per sqft, in line with what two-beds in Oceana - Aegean were fetching at the time (AED 1,287). G08's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20244,600,000
1 May 20244,590,000
22 Dec 20233,250,000
11 Dec 20233,900,000
0 2-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
G021-bedAED 2.16M · Jun 2023
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

G08, Oceana - Aegean in numbers

  • Sold twice: first on 15 July 2012 for AED 1,876,800, last on 23 July 2012 for AED 2,443,400 (AED 1,249 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 110,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2012 price is 4.7%, before a service charge of about AED 45,200 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 15 May 2021.

Questions about G08, Oceana - Aegean

What did unit G08 last sell for?

AED 2,443,400 on 23 July 2012: AED 1,249 per sqft for 1,955 sqft. The unit has 2 registered sales; the first was AED 1,876,800 in July 2012.

What is the rent for unit G08?

AED 115,000 a year on the contract renewed on 15 May 2021. The previous contract, from May 2020, was AED 100,000; the unit has been rented since May 2019.

How big is unit G08?

1,955 sqft (181.6 sqm): a two-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G08 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 G08, Oceana - Aegean

Starts from the last sale price (AED 2.44M, 23 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,443,400
Deposit, UAE resident (20%)
AED 488,680
Deposit, non-resident (40%)
AED 977,360
Monthly over 25 years at 3.7%
AED 9,997

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