2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 2nd floor · completed 2010

106, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 2M18 August 2010
Current rentAED 188K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Oceana - Atlantic

What is 106 worth today?

Last sold for AED 2,004,450 in 2010

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5 Nov 2024RentedRenewal
AED 188,370/yr12 months · AED 110 per sqft
5 Nov 2023RentedRenewal
AED 179,400/yr12 months · AED 105 per sqft
5 Nov 2022RentedRenewal
AED 149,500/yr12 months · AED 87 per sqft
5 Nov 2021RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
5 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
5 Nov 2019RentedNew contract
AED 165,000/yr12 months · AED 97 per sqft
5 Nov 2018RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
5 Nov 2017RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
2nd of 14
Parking
B2-2128
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2M · August 2010

About 106, Oceana - Atlantic

106 is a two-bedroom apartment of 1,709 sqft on the 2nd floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 18 August 2010 for AED 2,004,450, or AED 1,172 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 188,370 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 39,500 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Oceana - Atlantic
2M4M2010201420182022Typical sale price by year: 2010 AED 2,134,739; 2011 AED 2,224,940; 2012 AED 2,600,000; 2013 AED 3,500,000; 2014 AED 3,790,000; 2022 AED 3,650,000; 2023 AED 4,625,000; 2024 AED 4,990,000Sold by developer, August 2010: AED 2,004,450 (AED 1,172 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Oceana - Atlantic
200K2013201720212025Typical rent by year: 2013 AED 208,750; 2014 AED 220,250; 2015 AED 225,000; 2016 AED 205,000; 2017 AED 200,000; 2018 AED 185,000; 2019 AED 170,000; 2020 AED 140,000; 2021 AED 143,750; 2022 AED 167,500; 2023 AED 225,500; 2024 AED 255,000; 2025 AED 270,000; 2026 AED 246,000New contract, October 2015: AED 215,000 a yearNew contract, November 2016: AED 190,000 a yearRenewal, November 2017: AED 190,000 a yearNew contract, November 2018: AED 175,000 a yearNew contract, November 2019: AED 165,000 a yearRenewal, November 2020: AED 130,000 a yearRenewal, November 2021: AED 130,000 a yearRenewal, November 2022: AED 149,500 a yearRenewal, November 2023: AED 179,400 a yearRenewal, November 2024: AED 188,370 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 - Atlantic, and where 106 sits

All 30 2-beds →

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. 106's AED 188,370 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20265,475,000
7 Nov 20258,000,000
4 Nov 20256,550,000
23 Aug 20244,850,000
1 2-bed sale in the last 12 months

Oceana - Atlantic

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 3,216
Typical sale
AED 6.42M
Typical rent
AED 235K /yr
Typical yield
4.2%
Oceana - Atlantic, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 92 units in Oceana - Atlantic
Value
1012-bedAED 3.4M · Feb 2017
1023-bedAED 2.59M · Jan 2011
1031-bedAED 1.99M · Jul 2012
1041-bedAED 1.39M · Aug 2010
1053-bedAED 4.98M · Mar 2022

106, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 18 August 2010 for AED 2,004,450, or AED 1,172 per sqft.
  • Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 215,000 to AED 130,000 in 2021 and recovered to AED 188,370 by November 2024.
  • At AED 188,370 a year the gross yield on the 2010 price is 9.4%, 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 5 November 2024.

Questions about 106, Oceana - Atlantic

What did unit 106 last sell for?

AED 2,004,450 on 18 August 2010, sold by the developer: AED 1,172 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 188,370 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 179,400; the unit has been rented since October 2015.

How big is unit 106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 106 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 106, Oceana - Atlantic

Starts from the last sale price (AED 2M, 18 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,004,450
Deposit, UAE resident (20%)
AED 400,890
Deposit, non-resident (40%)
AED 801,780
Monthly over 25 years at 3.7%
AED 8,201

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