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2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 3rd floor · completed 2010

206, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in July 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 13 July 2021
Last soldAED 3.35M13 July 2021
Current rentAED 183K /yr18 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Oceana - Atlantic

What is 206 worth today?

Last sold for AED 3,345,000 in 2021

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13 Jul 2021SoldReady
AED 3,345,000AED 1,957 per sqft
18 Jun 2021RentedNew contract
AED 183,000/yr12 months · AED 107 per sqft
20 Jun 2019RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft
20 Jun 2018RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
25 Apr 2013SoldReady
AED 3,189,600AED 1,866 per sqft
3 Jan 2011Sold by developerReady
AED 2,004,450AED 1,172 per sqft

Source: Dubai Land Department. Updated 13 July 2021.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2125, B2-2B2-16 , B2--2B2-17
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.35M · July 2021
Building
Oceana - Atlantic

About 206, Oceana - Atlantic

206 is a two-bedroom apartment of 1,709 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 July 2021 for AED 3,345,000, or AED 1,957 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 18 June 2021, is AED 183,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 39,500 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, January 2011: AED 2,004,450 (AED 1,172 per sqft)Sold, April 2013: AED 3,189,600 (AED 1,866 per sqft)Sold, July 2021: AED 3,345,000 (AED 1,957 per sqft)

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

Rents
Unit 206, 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 246,000New contract, June 2018: AED 190,000 a yearRenewal, June 2019: AED 190,000 a yearNew contract, June 2021: AED 183,000 a year

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 206 sits

All 30 2-beds →

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. 206's AED 183,000 is in the lower half of that range.

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 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
2053-bedAED 3.11M · Oct 2011

206, Oceana - Atlantic in numbers

  • Sold 3 times: first on 3 January 2011 for AED 2,004,450, last on 13 July 2021 for AED 3,345,000 (AED 1,957 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 190,000 to AED 183,000 a year.
  • At AED 183,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 39,500 a year (AED 23.10 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 13 July 2021.

Questions about 206, Oceana - Atlantic

What did unit 206 last sell for?

AED 3,345,000 on 13 July 2021: AED 1,957 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,004,450 in January 2011.

What is the rent for unit 206?

AED 183,000 a year on the contract signed on 18 June 2021. The previous contract, from June 2019, was AED 190,000; the unit has been rented since June 2018.

How big is unit 206?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 206 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 206, Oceana - Atlantic

Starts from the last sale price (AED 3.35M, 13 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,345,000
Deposit, UAE resident (20%)
AED 669,000
Deposit, non-resident (40%)
AED 1,338,000
Monthly over 25 years at 3.7%
AED 13,685

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