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2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 12th floor · completed 2010

1101, Oceana - Atlantic

Sold prices and rental history: sold twice, last in June 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 23 June 2013
Last soldAED 3.55M23 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Oceana - Atlantic

What is 1101 worth today?

Last sold for AED 3,550,000 in 2013

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23 Jun 2013SoldReady
AED 3,550,000AED 2,076 per sqft
7 Feb 2011Sold by developerReady
AED 2,315,140AED 1,354 per sqft

Source: Dubai Land Department. Updated 23 June 2013.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B2-2079
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.55M · June 2013
Building
Oceana - Atlantic

About 1101, Oceana - Atlantic

1101 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 23 June 2013 for AED 3,550,000, or AED 2,076 per sqft, 15% above the AED 1,813 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, February 2011: AED 2,315,140 (AED 1,354 per sqft)Sold, June 2013: AED 3,550,000 (AED 2,076 per sqft)

1101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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 246,000

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 1101 sits

All 30 2-beds →

1101 last sold in June 2013 at AED 2,076 per sqft, 15% above what two-beds in Oceana - Atlantic were fetching at the time (AED 1,813). 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.

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 12th floor

All 92 units in Oceana - Atlantic
Value
11023-bedAED 2.99M · Jan 2011
11031-bedAED 1.97M · Jul 2012
11041-bedAED 1.88M · Mar 2021
11053-bedAED 5.85M · Aug 2023
11062-bedAED 3.15M · Nov 2012

1101, Oceana - Atlantic in numbers

  • Sold twice: first on 7 February 2011 for AED 2,315,140, last on 23 June 2013 for AED 3,550,000 (AED 2,076 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 23 June 2013.

Questions about 1101, Oceana - Atlantic

What did unit 1101 last sell for?

AED 3,550,000 on 23 June 2013: AED 2,076 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,315,140 in February 2011.

How big is unit 1101?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1101 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 1101, Oceana - Atlantic

Starts from the last sale price (AED 3.55M, 23 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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