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3-bed · 2,440 sqftOceana - Atlantic, Palm Jumeirah · 13th floor · completed 2010

1202, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in May 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 6 May 2021
Last soldAED 3.45M6 May 2021
Current rentAED 235K /yr28 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Oceana - Atlantic

What is 1202 worth today?

Last sold for AED 3,450,000 in 2021

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6 May 2021SoldReady
AED 3,450,000AED 1,414 per sqft
28 Feb 2020RentedRenewal
AED 235,000/yr12 months · AED 96 per sqft
28 Feb 2019RentedNew contract
AED 235,000/yr12 months · AED 96 per sqft
23 Nov 2016SoldReady
AED 4,700,000AED 1,926 per sqft
10 Aug 2010Sold by developerReady
AED 3,024,684AED 1,239 per sqft

Source: Dubai Land Department. Updated 6 May 2021.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
13th of 14
Parking
B2-2047,2048
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 3.45M · May 2021
Building
Oceana - Atlantic

About 1202, Oceana - Atlantic

1202 is a three-bedroom apartment of 2,440 sqft on the 13th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 6 May 2021 for AED 3,450,000, or AED 1,414 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 28 February 2020, is AED 235,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 56,400 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Oceana - Atlantic
3M4M5M2010201420182022Typical sale price by year: 2010 AED 2,947,128; 2011 AED 2,585,200; 2013 AED 4,150,000; 2016 AED 4,700,000; 2017 AED 4,300,000; 2024 AED 4,478,597Sold by developer, August 2010: AED 3,024,684 (AED 1,239 per sqft)Sold, November 2016: AED 4,700,000 (AED 1,926 per sqft)Sold, May 2021: AED 3,450,000 (AED 1,414 per sqft)

1202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Oceana - Atlantic
200K250K300K2013201720212025Typical rent by year: 2013 AED 250,000; 2014 AED 280,000; 2015 AED 250,500; 2016 AED 255,000; 2017 AED 260,000; 2018 AED 252,500; 2019 AED 234,000; 2020 AED 217,500; 2021 AED 210,000; 2022 AED 237,500; 2023 AED 290,000; 2024 AED 299,250; 2025 AED 300,000; 2026 AED 300,000New contract, February 2019: AED 235,000 a yearRenewal, February 2020: AED 235,000 a year

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 1202 sits

All 26 3-beds →

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. 1202's AED 235,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Jun 20267,360,000
21 Aug 20255,800,000
6 Mar 20256,950,000
23 Sep 20245,750,000
1 3-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 13th floor

All 92 units in Oceana - Atlantic
Value
12012-bedAED 2.35M · Apr 2011
12031-bedAED 2.5M · Jul 2021
12041-bedAED 1.6M · Apr 2011
12053-bedAED 7.36M · Jun 2026
12062-bedAED 6.55M · Nov 2025

1202, Oceana - Atlantic in numbers

  • Sold 3 times: first on 10 August 2010 for AED 3,024,684, last on 6 May 2021 for AED 3,450,000 (AED 1,414 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 56,400 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 6 May 2021.

Questions about 1202, Oceana - Atlantic

What did unit 1202 last sell for?

AED 3,450,000 on 6 May 2021: AED 1,414 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,024,684 in August 2010.

What is the rent for unit 1202?

AED 235,000 a year on the contract renewed on 28 February 2020. The previous contract, from February 2019, was AED 235,000.

How big is unit 1202?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1202 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 1202, Oceana - Atlantic

Starts from the last sale price (AED 3.45M, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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