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1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 4th floor · completed 2010

304, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 2 January 2020
Last soldAED 1.37M19 August 2010
Current rentAED 120K /yr2 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Oceana - Atlantic

What is 304 worth today?

Last sold for AED 1,365,648 in 2010

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2 Jan 2020RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
15 May 2019RentedRenewal
AED 129,999/yr4 months · AED 97 per sqft
15 May 2018RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
23 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
25 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
10 Oct 2012RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
19 Aug 2010Sold by developerReady
AED 1,365,648AED 1,020 per sqft

Source: Dubai Land Department. Updated 2 January 2020.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
4th of 14
Parking
B1-1139
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.37M · August 2010
Building
Oceana - Atlantic

About 304, Oceana - Atlantic

304 is a one-bedroom apartment of 1,338 sqft on the 4th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 19 August 2010 for AED 1,365,648, or AED 1,020 per sqft, in line with the AED 1,028 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 2 January 2020, is AED 120,000 a year: a gross yield of 8.8% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 1,365,648 (AED 1,020 per sqft)

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

Rents
Unit 304, 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 125,000 a yearNew contract, February 2014: AED 160,000 a yearNew contract, April 2017: AED 140,000 a yearNew contract, May 2018: AED 130,000 a yearRenewal, May 2019: AED 129,999 a yearNew contract, January 2020: AED 120,000 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 304 sits

All 34 1-beds →

304 last sold in August 2010 at AED 1,020 per sqft, in line with what one-beds in Oceana - Atlantic were fetching at the time (AED 1,028). 304's AED 120,000 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 4th floor

All 92 units in Oceana - Atlantic
Value
3012-bedAED 3.7M · Dec 2015
3023-bedAED 5.75M · Sep 2024
3031-bedAED 3.55M · Jun 2025
3053-bedAED 4.66M · Jun 2022
3062-bedAED 2.03M · Jan 2011

304, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 19 August 2010 for AED 1,365,648, or AED 1,020 per sqft.
  • Rented since October 2012 on 6 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 8.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 2 January 2020.

Questions about 304, Oceana - Atlantic

What did unit 304 last sell for?

AED 1,365,648 on 19 August 2010, sold by the developer: AED 1,020 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 120,000 a year on the contract signed on 2 January 2020. The previous contract, from May 2019, was AED 129,999; the unit has been rented since October 2012.

How big is unit 304?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 304 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 304, Oceana - Atlantic

Starts from the last sale price (AED 1.37M, 19 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,648
Deposit, UAE resident (20%)
AED 273,130
Deposit, non-resident (40%)
AED 546,259
Monthly over 25 years at 3.7%
AED 5,587

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