1-bed · 1,921 sqftOceana - Aegean, Palm Jumeirah · -1th floor · completed 2010

PR01, Oceana - Aegean

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR01 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 2.5M4 September 2023
Current rentAED 80K /yr11 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PR01, Oceana - Aegean

What is PR01 worth today?

Last sold for AED 2,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Sep 2023SoldReady
AED 2,500,000AED 1,301 per sqft
11 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
11 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
18 Jul 2017SoldReady
AED 2,309,981AED 1,202 per sqft
25 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 94 per sqft
17 Jul 2013RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
22 Oct 2012SoldReady
AED 2,975,000AED 1,548 per sqft
15 Oct 2012Sold by developerReady
AED 1,844,160AED 960 per sqft

Source: Dubai Land Department. Updated 4 September 2023.

Key facts

Type
1-bed apartment
Size
1,921 sqft
Floor
-1th of 14
Parking
B1-1A3-1,1A3-2
Developer
Seven Tides
Completed
2010
Service charge
AED 44,400 /yr
Last sold
AED 2.5M · September 2023

About PR01, Oceana - Aegean

PR01 is a one-bedroom apartment of 1,921 sqft on the -1th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 4 September 2023 for AED 2,500,000, or AED 1,301 per sqft, 17% below the AED 1,567 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 11 September 2020, is AED 80,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 44,400 a year.

Sales and rents for PR01 over time

Sales
Unit PR01, 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, October 2012: AED 2,975,000 (AED 1,548 per sqft)Sold by developer, October 2012: AED 1,844,160 (AED 960 per sqft)Sold, July 2017: AED 2,309,981 (AED 1,202 per sqft)Sold, September 2023: AED 2,500,000 (AED 1,301 per sqft)

PR01 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit PR01, 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, July 2013: AED 140,000 a yearNew contract, August 2014: AED 180,000 a yearNew contract, September 2019: AED 85,000 a yearNew contract, September 2020: AED 80,000 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 PR01 sits

All 34 1-beds →

PR01 last sold in September 2023 at AED 1,301 per sqft, 17% below what one-beds in Oceana - Aegean were fetching at the time (AED 1,567). PR01's AED 80,000 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 -1th floor

All 92 units in Oceana - Aegean
Value
PR022-bedAED 2.63M · Mar 2018
PR032-bedAED 3.25M · Dec 2023
PR041-bedAED 1.41M · Aug 2012

PR01, Oceana - Aegean in numbers

  • Sold 4 times: first on 15 October 2012 for AED 1,844,160, last on 4 September 2023 for AED 2,500,000 (AED 1,301 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 140,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 3.2%, before a service charge of about AED 44,400 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 4 September 2023.

Questions about PR01, Oceana - Aegean

What did unit PR01 last sell for?

AED 2,500,000 on 4 September 2023: AED 1,301 per sqft for 1,921 sqft. The unit has 4 registered sales; the first was AED 1,844,160 in October 2012.

What is the rent for unit PR01?

AED 80,000 a year on the contract signed on 11 September 2020. The previous contract, from September 2019, was AED 85,000; the unit has been rented since July 2013.

How big is unit PR01?

1,921 sqft (178.5 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.

What is unit PR01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling PR01? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on PR01, Oceana - Aegean

Starts from the last sale price (AED 2.5M, 4 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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