2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 5th floor · completed 2010

401, Oceana - Atlantic

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 5M18 May 2023
Current rentAED 400K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Oceana - Atlantic

What is 401 worth today?

Last sold for AED 5,000,000 in 2023

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1 Aug 2025RentedNew contract
AED 400,000/yr12 months · AED 234 per sqft
6 Jun 2024RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
6 Jun 2023RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
18 May 2023SoldReady
AED 5,000,000AED 2,925 per sqft
9 Feb 2022RentedRenewal
AED 165,000/yr12 months · AED 96 per sqft
9 Feb 2021RentedNew contract
AED 155,000/yr12 months · AED 91 per sqft
8 Nov 2019RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
8 Nov 2016RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
5th of 14
Parking
B1-1137
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5M · May 2023

About 401, Oceana - Atlantic

401 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 18 May 2023 for AED 5,000,000, or AED 2,925 per sqft, 32% above the AED 2,223 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 August 2025, is AED 400,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2010: AED 2,064,584 (AED 1,207 per sqft)Sold, May 2023: AED 5,000,000 (AED 2,925 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Oceana - Atlantic
200K400K2012201620202024Typical 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, October 2012: AED 180,000 a yearNew contract, October 2014: AED 220,000 a yearRenewal, October 2015: AED 220,000 a yearNew contract, November 2016: AED 200,000 a yearNew contract, November 2019: AED 170,000 a yearNew contract, February 2021: AED 155,000 a yearRenewal, February 2022: AED 165,000 a yearNew contract, June 2023: AED 200,000 a yearRenewal, June 2024: AED 200,000 a yearNew contract, August 2025: AED 400,000 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 401 sits

All 30 2-beds →

401 last sold in May 2023 at AED 2,925 per sqft, 32% above what two-beds in Oceana - Atlantic were fetching at the time (AED 2,223). 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. 401's AED 400,000 is at the top 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 5th floor

All 92 units in Oceana - Atlantic
Value
4023-bedAED 3.9M · Sep 2013
4031-bedAED 2.65M · Jun 2013
4041-bedAED 3.3M · May 2024
4053-bedAED 1.5M · Feb 2013
4062-bedAED 4.6M · May 2023

401, Oceana - Atlantic in numbers

  • Sold twice: first on 13 December 2010 for AED 2,064,584, last on 18 May 2023 for AED 5,000,000 (AED 2,925 per sqft).
  • Rented since October 2012 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 155,000 in 2021 and recovered to AED 400,000 by August 2025.
  • At AED 400,000 a year the gross yield on the 2023 price is 8.0%, 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 1 August 2025.

Questions about 401, Oceana - Atlantic

What did unit 401 last sell for?

AED 5,000,000 on 18 May 2023: AED 2,925 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,064,584 in December 2010.

What is the rent for unit 401?

AED 400,000 a year on the contract signed on 1 August 2025. The previous contract, from June 2024, was AED 200,000; the unit has been rented since October 2012.

How big is unit 401?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 401 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 401, Oceana - Atlantic

Starts from the last sale price (AED 5M, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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