1006, Oceana - Atlantic
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Oceana - Atlantic
What is 1006 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 11th of 14
- Parking
- B2-2080.B1-1A2-3
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.29M · March 2011
- Building
- Oceana - Atlantic
About 1006, Oceana - Atlantic
1006 is a two-bedroom apartment of 1,709 sqft on the 11th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 27 March 2011 for AED 2,285,073, or AED 1,336 per sqft, 6% above the AED 1,266 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 June 2024, is AED 285,000 a year: a gross yield of 12.5% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1006 over time
1006 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Oceana - Atlantic, and where 1006 sits
All 30 2-beds →1006 last sold in March 2011 at AED 1,336 per sqft, 6% above what two-beds in Oceana - Atlantic were fetching at the time (AED 1,266). Over the last 12 months two-beds sold for AED 5,475,000, around AED 3,203 per sqft, and rent for AED 181,125 to 350,000 a year. 1006's AED 285,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 1,709 sqft | 5,475,000 | 3,203 | ||
| 7 Nov 20257 November 2025 | 2,444 sqft | 8,000,000 | 3,273 | ||
| 4 Nov 20254 November 2025 | 1,709 sqft | 6,550,000 | 3,832 | ||
| 23 Aug 202423 August 2024 | 2,444 sqft | 4,850,000 | 1,984 |
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 | |
| 1005 | 3-bed | 2,280 sqft | AED 5MAED 5,000,000 · Jul 2013July 2013 | 370,000 /yr |
1006, Oceana - Atlantic in numbers
- Sold once: by Seven Tides on 27 March 2011 for AED 2,285,073, or AED 1,336 per sqft.
- Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 220,000 to AED 145,000 in 2020 and recovered to AED 285,000 by June 2024.
- At AED 285,000 a year the gross yield on the 2011 price is 12.5%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
- Two-beds in Oceana - Atlantic sold for AED 5,475,000–5,475,000 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 1 June 2024.
Questions about 1006, Oceana - Atlantic
What did unit 1006 last sell for?
AED 2,285,073 on 27 March 2011, sold by the developer: AED 1,336 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 1006?
AED 285,000 a year on the contract signed on 1 June 2024. The previous contract, from April 2023, was AED 231,000; the unit has been rented since March 2015.
How big is unit 1006?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Atlantic sold for AED 5,475,000 to 5,475,000 in the last 12 months, around AED 3,203 per sqft.
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Mortgage on 1006, Oceana - Atlantic
Starts from the last sale price (AED 2.29M, 27 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,285,073
- Deposit, UAE resident (20%)
- AED 457,015
- Deposit, non-resident (40%)
- AED 914,029
- Monthly over 25 years at 3.7%
- AED 9,349
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →