1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 3rd floor · completed 2010

204, Oceana - Atlantic

Sold prices and rental history: sold twice, last in December 2014, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 December 2014
Last soldAED 3.15M15 December 2014
Current rentAED 130K /yr1 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Oceana - Atlantic

What is 204 worth today?

Last sold for AED 3,150,000 in 2014

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15 Dec 2014SoldReady
AED 3,150,000AED 2,353 per sqft
1 Jan 2014RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
9 Aug 2010Sold by developerReady
AED 1,337,197AED 999 per sqft

Source: Dubai Land Department. Updated 15 December 2014.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
3rd of 14
Parking
B2-2126
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.15M · December 2014

About 204, Oceana - Atlantic

204 is a one-bedroom apartment of 1,338 sqft on the 3rd floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 15 December 2014 for AED 3,150,000, or AED 2,353 per sqft, 12% above the AED 2,092 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2014. The current contract, signed on 1 January 2014, is AED 130,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 30,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Oceana - Atlantic
2M4M20102014201820222026Typical 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 1,337,197 (AED 999 per sqft)Sold, December 2014: AED 3,150,000 (AED 2,353 per sqft)

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

Rents
Unit 204, 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, January 2014: AED 130,000 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 204 sits

All 34 1-beds →

204 last sold in December 2014 at AED 2,353 per sqft, 12% above what one-beds in Oceana - Atlantic were fetching at the time (AED 2,092). 204's AED 130,000 is in the lower half 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 3rd floor

All 92 units in Oceana - Atlantic
Value
2012-bedAED 3.8M · Jun 2022
2023-bedAED 3.1M · Mar 2019
2031-bedAED 1.8M · Sep 2011
2053-bedAED 3.11M · Oct 2011
2062-bedAED 3.35M · Jul 2021

204, Oceana - Atlantic in numbers

  • Sold twice: first on 9 August 2010 for AED 1,337,197, last on 15 December 2014 for AED 3,150,000 (AED 2,353 per sqft).
  • Rented since January 2014 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 15 December 2014.

Questions about 204, Oceana - Atlantic

What did unit 204 last sell for?

AED 3,150,000 on 15 December 2014: AED 2,353 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,337,197 in August 2010.

What is the rent for unit 204?

AED 130,000 a year on the contract signed on 1 January 2014.

How big is unit 204?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 204 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 204, Oceana - Atlantic

Starts from the last sale price (AED 3.15M, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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