3-bed · 2,280 sqftOceana - Atlantic, Palm Jumeirah · 3rd floor · completed 2010

205, Oceana - Atlantic

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 8 September 2023
Last soldAED 3.11M13 October 2011
Current rentAED 241K /yr8 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Oceana - Atlantic

What is 205 worth today?

Last sold for AED 3,110,000 in 2011

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8 Sep 2023RentedRenewal
AED 240,719/yr4 months · AED 105 per sqft
8 Sep 2022RentedRenewal
AED 240,000/yr12 months · AED 105 per sqft
8 Sep 2021RentedNew contract
AED 240,000/yr12 months · AED 105 per sqft
3 Sep 2020RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
15 Sep 2018RentedRenewal
AED 310,000/yr12 months · AED 136 per sqft
15 Sep 2017RentedRenewal
AED 310,000/yr12 months · AED 136 per sqft
15 Sep 2016RentedNew contract
AED 310,000/yr12 months · AED 136 per sqft
3 Feb 2016RentedNew contract
AED 240,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 8 September 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
3rd of 14
Parking
B1-1123,1124
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3.11M · October 2011

About 205, Oceana - Atlantic

205 is a three-bedroom apartment of 2,280 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 13 October 2011 for AED 3,110,000, or AED 1,364 per sqft, 19% above the AED 1,150 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 September 2023, is AED 240,719 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, June 2011: AED 2,585,200 (AED 1,133 per sqft)Sold, October 2011: AED 3,110,000 (AED 1,364 per sqft)

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

Rents
Unit 205, 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, July 2013: AED 260,000 a yearNew contract, July 2014: AED 260,000 a yearNew contract, February 2016: AED 240,000 a yearNew contract, September 2016: AED 310,000 a yearRenewal, September 2017: AED 310,000 a yearRenewal, September 2018: AED 310,000 a yearNew contract, September 2020: AED 250,000 a yearNew contract, September 2021: AED 240,000 a yearRenewal, September 2022: AED 240,000 a yearRenewal, September 2023: AED 240,719 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 205 sits

All 26 3-beds →

205 last sold in October 2011 at AED 1,364 per sqft, 19% above what three-beds in Oceana - Atlantic were fetching at the time (AED 1,150). 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. 205's AED 240,719 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 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
2041-bedAED 3.15M · Dec 2014
2062-bedAED 3.35M · Jul 2021

205, Oceana - Atlantic in numbers

  • Sold twice: first on 16 June 2011 for AED 2,585,200, last on 13 October 2011 for AED 3,110,000 (AED 1,364 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 260,000 to AED 240,719 a year.
  • At AED 240,719 a year the gross yield on the 2011 price is 7.7%, before a service charge of about AED 52,700 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 8 September 2023.

Questions about 205, Oceana - Atlantic

What did unit 205 last sell for?

AED 3,110,000 on 13 October 2011: AED 1,364 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,585,200 in June 2011.

What is the rent for unit 205?

AED 240,719 a year on the contract renewed on 8 September 2023. The previous contract, from September 2022, was AED 240,000; the unit has been rented since July 2013.

How big is unit 205?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 205 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 205, Oceana - Atlantic

Starts from the last sale price (AED 3.11M, 13 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,110,000
Deposit, UAE resident (20%)
AED 622,000
Deposit, non-resident (40%)
AED 1,244,000
Monthly over 25 years at 3.7%
AED 12,724

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