1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 13th floor · completed 2010

1203, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 7 July 2021
Last soldAED 2.5M7 July 2021
Current rentAED 105K /yr9 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Oceana - Atlantic

What is 1203 worth today?

Last sold for AED 2,500,000 in 2021

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7 Jul 2021SoldReady
AED 2,500,000AED 1,868 per sqft
9 Feb 2021RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
9 Feb 2020RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
2 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
1 Feb 2018RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
22 Sep 2016RentedNew contract
AED 155,000/yr12 months · AED 116 per sqft
23 Sep 2014RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
22 Jan 2014SoldReady
AED 2,600,000AED 1,942 per sqft

Source: Dubai Land Department. Updated 7 July 2021.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
13th of 14
Parking
B2-2074
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.5M · July 2021

About 1203, Oceana - Atlantic

1203 is a one-bedroom apartment of 1,338 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 7 July 2021 for AED 2,500,000, or AED 1,868 per sqft, 33% above the AED 1,404 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 9 February 2021, is AED 105,000 a year: a gross yield of 4.2% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Oceana - Atlantic
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,515,016; 2011 AED 1,611,038; 2012 AED 1,800,000; 2013 AED 2,150,000; 2014 AED 2,800,000; 2018 AED 2,000,000; 2021 AED 2,000,000; 2025 AED 3,600,000Sold by developer, August 2010: AED 1,664,384 (AED 1,243 per sqft)Sold, January 2014: AED 2,600,000 (AED 1,942 per sqft)Sold, July 2021: AED 2,500,000 (AED 1,868 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Oceana - Atlantic
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 145,000; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 131,000; 2019 AED 122,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 132,500; 2023 AED 150,000; 2024 AED 177,500; 2025 AED 180,000; 2026 AED 167,000New contract, October 2012: AED 135,000 a yearNew contract, September 2013: AED 150,000 a yearNew contract, September 2014: AED 150,000 a yearNew contract, September 2016: AED 155,000 a yearNew contract, February 2018: AED 135,000 a yearNew contract, February 2019: AED 130,000 a yearNew contract, February 2020: AED 105,000 a yearNew contract, February 2021: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oceana - Atlantic, and where 1203 sits

All 34 1-beds →

1203 last sold in July 2021 at AED 1,868 per sqft, 33% above what one-beds in Oceana - Atlantic were fetching at the time (AED 1,404). 1203's AED 105,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20253,660,000
4 Jun 20253,550,000
27 Mar 20253,600,000
24 Mar 20253,500,000
0 1-bed sales 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
12023-bedAED 3.45M · May 2021
12041-bedAED 1.6M · Apr 2011
12053-bedAED 7.36M · Jun 2026
12062-bedAED 6.55M · Nov 2025

1203, Oceana - Atlantic in numbers

  • Sold 3 times: first on 9 August 2010 for AED 1,664,384, last on 7 July 2021 for AED 2,500,000 (AED 1,868 per sqft).
  • Rented since October 2012 on 8 Ejari contracts, from AED 135,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 4.2%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 7 July 2021.

Questions about 1203, Oceana - Atlantic

What did unit 1203 last sell for?

AED 2,500,000 on 7 July 2021: AED 1,868 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,664,384 in August 2010.

What is the rent for unit 1203?

AED 105,000 a year on the contract signed on 9 February 2021. The previous contract, from February 2020, was AED 105,000; the unit has been rented since October 2012.

How big is unit 1203?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1203, Oceana - Atlantic

Starts from the last sale price (AED 2.5M, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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