1005, Oceana - Atlantic
Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Oceana - Atlantic
What is 1005 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 11th of 14
- Parking
- B2-2072,2073
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 5M · July 2013
- Building
- Oceana - Atlantic
About 1005, Oceana - Atlantic
1005 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 11 July 2013 for AED 5,000,000, or AED 2,193 per sqft, 32% above the AED 1,658 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 14 October 2024, is AED 370,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 52,700 a year.
Sales and rents for 1005 over time
1005 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceana - Atlantic, and where 1005 sits
All 26 3-beds →1005 last sold in July 2013 at AED 2,193 per sqft, 32% above what three-beds in Oceana - Atlantic were fetching at the time (AED 1,658). Over the last 12 months three-beds sold for AED 7,360,000, around AED 3,228 per sqft, and rent for AED 280,000 to 525,000 a year. 1005's AED 370,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 2,280 sqft | 7,360,000 | 3,228 | ||
| 21 Aug 202521 August 2025 | 2,440 sqft | 5,800,000 | 2,377 | ||
| 6 Mar 20256 March 2025 | 2,280 sqft | 6,950,000 | 3,048 | ||
| 23 Sep 202423 September 2024 | 2,440 sqft | 5,750,000 | 2,356 |
Oceana - Atlantic
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 3,216
- Typical sale
- AED 6.42M
- Typical rent
- AED 235K /yr
- Typical yield
- 4.2%
Other units on the 11th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 4.99MAED 4,990,000 · Feb 2024February 2024 | 138,989 /yr | |
| 1002 | 3-bed | 2,440 sqft | AED 3.55MAED 3,550,000 · Apr 2016April 2016 | 259,636 /yr | |
| 1003 | 1-bed | 1,338 sqft | AED 2.35MAED 2,350,000 · Sep 2021September 2021 | 50,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.62MAED 1,621,707 · Jan 2011January 2011 | 100,000 /yr | |
| 1006 | 2-bed | 1,709 sqft | AED 2.29MAED 2,285,073 · Mar 2011March 2011 | 285,000 /yr |
1005, Oceana - Atlantic in numbers
- Sold 3 times: first on 13 December 2010 for AED 2,947,128, last on 11 July 2013 for AED 5,000,000 (AED 2,193 per sqft).
- Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 350,000 to AED 205,000 in 2020 and recovered to AED 370,000 by October 2024.
- At AED 370,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
- Three-beds in Oceana - Atlantic sold for AED 7,360,000–7,360,000 in the 12 months to November 2026; the building's median across all types is AED 3,216 per sqft.
Source: Dubai Land Department. Updated 14 October 2024.
Questions about 1005, Oceana - Atlantic
What did unit 1005 last sell for?
AED 5,000,000 on 11 July 2013: AED 2,193 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,947,128 in December 2010.
What is the rent for unit 1005?
AED 370,000 a year on the contract signed on 14 October 2024. The previous contract, from June 2023, was AED 290,000; the unit has been rented since September 2014.
How big is unit 1005?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Atlantic sold for AED 7,360,000 to 7,360,000 in the last 12 months, around AED 3,228 per sqft.
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Mortgage on 1005, Oceana - Atlantic
Starts from the last sale price (AED 5M, 11 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →