3-bed · 2,440 sqftOceana - Atlantic, Palm Jumeirah · 4th floor · completed 2010

302, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 5.75M23 September 2024
Current rentAED 260K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Oceana - Atlantic

What is 302 worth today?

Last sold for AED 5,750,000 in 2024

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23 Sep 2024SoldReady
AED 5,750,000AED 2,356 per sqft
12 Aug 2024RentedNew contract
AED 259,574/yr11 months · AED 106 per sqft
5 Jul 2024SoldReady
AED 4,478,597AED 1,835 per sqft
12 Aug 2023RentedRenewal
AED 260,000/yr12 months · AED 106 per sqft
12 Aug 2022RentedNew contract
AED 205,000/yr12 months · AED 84 per sqft
1 Aug 2021RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
9 May 2011Sold by developerReady
AED 2,500,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
4th of 14
Parking
B1-1109,1110
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 5.75M · September 2024

About 302, Oceana - Atlantic

302 is a three-bedroom apartment of 2,440 sqft on the 4th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 23 September 2024 for AED 5,750,000, or AED 2,356 per sqft, 15% above the AED 2,049 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 August 2024, is AED 259,574 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 56,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Oceana - Atlantic
2M4M6M2010201420182022Typical 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, May 2011: AED 2,500,000 (AED 1,024 per sqft)Sold, July 2024: AED 4,478,597 (AED 1,835 per sqft)Sold, September 2024: AED 5,750,000 (AED 2,356 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Oceana - Atlantic
200K300K2013201720212025Typical 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, August 2021: AED 185,000 a yearNew contract, August 2022: AED 205,000 a yearRenewal, August 2023: AED 260,000 a yearNew contract, August 2024: AED 259,574 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 302 sits

All 26 3-beds →

302 last sold in September 2024 at AED 2,356 per sqft, 15% above what three-beds in Oceana - Atlantic were fetching at the time (AED 2,049). 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. 302's AED 259,574 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
6 Jun 20242,500,000
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 4th floor

All 92 units in Oceana - Atlantic
Value
3012-bedAED 3.7M · Dec 2015
3031-bedAED 3.55M · Jun 2025
3041-bedAED 1.37M · Aug 2010
3053-bedAED 4.66M · Jun 2022
3062-bedAED 2.03M · Jan 2011

302, Oceana - Atlantic in numbers

  • Sold 3 times: first on 9 May 2011 for AED 2,500,000, last on 23 September 2024 for AED 5,750,000 (AED 2,356 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 185,000 to AED 259,574 a year.
  • At AED 259,574 a year the gross yield on the 2024 price is 4.5%, 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 23 September 2024.

Questions about 302, Oceana - Atlantic

What did unit 302 last sell for?

AED 5,750,000 on 23 September 2024: AED 2,356 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 2,500,000 in May 2011.

What is the rent for unit 302?

AED 259,574 a year on the contract signed on 12 August 2024. The previous contract, from August 2023, was AED 260,000; the unit has been rented since August 2021.

How big is unit 302?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 302 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 302, Oceana - Atlantic

Starts from the last sale price (AED 5.75M, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

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