402, Oceana - Atlantic
Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Oceana - Atlantic
What is 402 worth today?
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Source: Dubai Land Department. Updated 25 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,440 sqft
- Floor
- 5th of 14
- Parking
- B1-1115,1116
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,400 /yr
- Last sold
- AED 3.9M · September 2013
- Building
- Oceana - Atlantic
About 402, Oceana - Atlantic
402 is a three-bedroom apartment of 2,440 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 2 September 2013 for AED 3,900,000, or AED 1,598 per sqft, in line with the AED 1,598 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 275,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 56,400 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 26 3-beds →402 last sold in September 2013 at AED 1,598 per sqft, in line with what three-beds in Oceana - Atlantic were fetching at the time (AED 1,598). 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. 402's AED 275,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 2,280 sqft | 7,360,000 | 3,228 | ||
| 21 Aug 202521 August 2025 | 2,440 sqft | 5,800,000 | 2,377 | ||
| 6 Mar 20256 March 2025 | 2,280 sqft | 6,950,000 | 3,048 | ||
| 23 Sep 202423 September 2024 | 2,440 sqft | 5,750,000 | 2,356 |
Oceana - Atlantic
Building92 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%
Other units on the 5th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 5MAED 5,000,000 · May 2023May 2023 | 400,000 /yr | |
| 403 | 1-bed | 1,338 sqft | AED 2.65MAED 2,650,000 · Jun 2013June 2013 | 120,751 /yr | |
| 404 | 1-bed | 1,338 sqft | AED 3.3MAED 3,300,000 · May 2024May 2024 | 125,000 /yr | |
| 405 | 3-bed | 1,140 sqft | AED 1.5MAED 1,500,000 · Feb 2013February 2013 | 298,500 /yr | |
| 406 | 2-bed | 1,709 sqft | AED 4.6MAED 4,600,000 · May 2023May 2023 | 210,000 /yr |
402, Oceana - Atlantic in numbers
- Sold twice: first on 19 July 2011 for AED 2,500,000, last on 2 September 2013 for AED 3,900,000 (AED 1,598 per sqft).
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 280,000 to AED 200,000 in 2021 and recovered to AED 275,000 by August 2024.
- At AED 275,000 a year the gross yield on the 2013 price is 7.0%, 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 25 August 2024.
Questions about 402, Oceana - Atlantic
What did unit 402 last sell for?
AED 3,900,000 on 2 September 2013: AED 1,598 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in July 2011.
What is the rent for unit 402?
AED 275,000 a year on the contract renewed on 25 August 2024. The previous contract, from August 2023, was AED 250,000; the unit has been rented since October 2014.
How big is unit 402?
2,440 sqft (226.7 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.
What is unit 402 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 402, Oceana - Atlantic
Starts from the last sale price (AED 3.9M, 2 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →