3-bed · 2,280 sqftOceana - Atlantic, Palm Jumeirah · 4th floor · completed 2010

305, Oceana - Atlantic

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 4.66M6 June 2022
Current rentAED 360K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Oceana - Atlantic

What is 305 worth today?

Last sold for AED 4,660,000 in 2022

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10 Mar 2024RentedRenewal
AED 360,000/yr12 months · AED 158 per sqft
10 Mar 2023RentedNew contract
AED 360,000/yr12 months · AED 158 per sqft
6 Jun 2022SoldReady
AED 4,660,000AED 2,043 per sqft
1 Apr 2022RentedRenewal
AED 190,000/yr12 months · AED 83 per sqft
1 Apr 2021RentedNew contract
AED 190,000/yr12 months · AED 83 per sqft
1 Oct 2020RentedRenewal
AED 215,000/yr6 months · AED 94 per sqft
1 Oct 2019RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
1 Oct 2018RentedRenewal
AED 255,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
4th of 14
Parking
B1-1112,1113
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 4.66M · June 2022

About 305, Oceana - Atlantic

305 is a three-bedroom apartment of 2,280 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 6 June 2022 for AED 4,660,000, or AED 2,043 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 360,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 52,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, October 2010: AED 2,623,978 (AED 1,150 per sqft)Sold, June 2022: AED 4,660,000 (AED 2,043 per sqft)

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

Rents
Unit 305, 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, October 2015: AED 275,000 a yearRenewal, October 2016: AED 255,000 a yearRenewal, October 2017: AED 255,000 a yearRenewal, October 2018: AED 255,000 a yearNew contract, October 2019: AED 250,000 a yearRenewal, October 2020: AED 215,000 a yearNew contract, April 2021: AED 190,000 a yearRenewal, April 2022: AED 190,000 a yearNew contract, March 2023: AED 360,000 a yearRenewal, March 2024: AED 360,000 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 305 sits

All 26 3-beds →

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. 305's AED 360,000 is in the lower half 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 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
3041-bedAED 1.37M · Aug 2010
3062-bedAED 2.03M · Jan 2011

305, Oceana - Atlantic in numbers

  • Sold twice: first on 31 October 2010 for AED 2,623,978, last on 6 June 2022 for AED 4,660,000 (AED 2,043 per sqft).
  • Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 275,000 to AED 190,000 in 2022 and recovered to AED 360,000 by March 2024.
  • At AED 360,000 a year the gross yield on the 2022 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 10 March 2024.

Questions about 305, Oceana - Atlantic

What did unit 305 last sell for?

AED 4,660,000 on 6 June 2022: AED 2,043 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,623,978 in October 2010.

What is the rent for unit 305?

AED 360,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 360,000; the unit has been rented since October 2015.

How big is unit 305?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 305 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 305, Oceana - Atlantic

Starts from the last sale price (AED 4.66M, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,660,000
Deposit, UAE resident (20%)
AED 932,000
Deposit, non-resident (40%)
AED 1,864,000
Monthly over 25 years at 3.7%
AED 19,066

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