1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 5th floor · completed 2010

404, Oceana - Atlantic

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 3.3M27 May 2024
Current rentAED 125K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Oceana - Atlantic

What is 404 worth today?

Last sold for AED 3,300,000 in 2024

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27 May 2024SoldReady
AED 3,300,000AED 2,466 per sqft
1 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 93 per sqft
1 Jul 2021RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
1 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
1 Jul 2019RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
16 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
4 Jan 2011Sold by developerReady
AED 1,386,986AED 1,036 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
5th of 14
Parking
B1-1135
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.3M · May 2024

About 404, Oceana - Atlantic

404 is a one-bedroom apartment of 1,338 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 27 May 2024 for AED 3,300,000, or AED 2,466 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 125,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Oceana - Atlantic
2M20102014201820222026Typical 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, January 2011: AED 1,386,986 (AED 1,036 per sqft)Sold, May 2024: AED 3,300,000 (AED 2,466 per sqft)

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

Rents
Unit 404, 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, June 2017: AED 140,000 a yearNew contract, July 2019: AED 120,000 a yearRenewal, July 2020: AED 110,000 a yearNew contract, July 2021: AED 125,000 a yearRenewal, July 2022: AED 125,000 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 404 sits

All 34 1-beds →

404's AED 125,000 is in the lower half 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 5th floor

All 92 units in Oceana - Atlantic
Value
4012-bedAED 5M · May 2023
4023-bedAED 3.9M · Sep 2013
4031-bedAED 2.65M · Jun 2013
4053-bedAED 1.5M · Feb 2013
4062-bedAED 4.6M · May 2023

404, Oceana - Atlantic in numbers

  • Sold twice: first on 4 January 2011 for AED 1,386,986, last on 27 May 2024 for AED 3,300,000 (AED 2,466 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2020 and recovered to AED 125,000 by July 2022.
  • At AED 125,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 404, Oceana - Atlantic

What did unit 404 last sell for?

AED 3,300,000 on 27 May 2024: AED 2,466 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,386,986 in January 2011.

What is the rent for unit 404?

AED 125,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 125,000; the unit has been rented since June 2017.

How big is unit 404?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 404 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 404, Oceana - Atlantic

Starts from the last sale price (AED 3.3M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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