3-bed · 2,440 sqftOceana - Atlantic, Palm Jumeirah · 6th floor · completed 2010

502, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 2.75M3 January 2011
Current rentAED 300K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Oceana - Atlantic

What is 502 worth today?

Last sold for AED 2,753,238 in 2011

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20 Aug 2026RentedNew contract
AED 300,000/yr12 months · AED 123 per sqft
27 Feb 2021RentedNew contract
AED 155,000/yr12 months · AED 63 per sqft
5 Jan 2019RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
8 Dec 2017RentedRenewal
AED 220,000/yr12 months · AED 90 per sqft
8 Dec 2016RentedNew contract
AED 220,000/yr12 months · AED 90 per sqft
1 Oct 2014RentedNew contract
AED 280,000/yr12 months · AED 115 per sqft
21 Jul 2013RentedNew contract
AED 255,000/yr12 months · AED 104 per sqft
3 Jan 2011Sold by developerReady
AED 2,753,238AED 1,128 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
6th of 14
Parking
B1-1121,1122
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 2.75M · January 2011

About 502, Oceana - Atlantic

502 is a three-bedroom apartment of 2,440 sqft on the 6th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 3 January 2011 for AED 2,753,238, or AED 1,128 per sqft, 8% below the AED 1,223 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 August 2026, is AED 300,000 a year: a gross yield of 10.9% on the 2011 price, before the service charge of about AED 56,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, January 2011: AED 2,753,238 (AED 1,128 per sqft)

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

Rents
Unit 502, 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, July 2013: AED 255,000 a yearNew contract, October 2014: AED 280,000 a yearNew contract, December 2016: AED 220,000 a yearRenewal, December 2017: AED 220,000 a yearNew contract, January 2019: AED 180,000 a yearNew contract, February 2021: AED 155,000 a yearNew contract, August 2026: AED 300,000 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 502 sits

All 26 3-beds →

502 last sold in January 2011 at AED 1,128 per sqft, 8% below what three-beds in Oceana - Atlantic were fetching at the time (AED 1,223). 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. 502's AED 300,000 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 6th floor

All 92 units in Oceana - Atlantic
Value
5012-bedAED 2.13M · Aug 2010
5031-bedAED 1.6M · Jan 2021
5041-bedAED 3.6M · Jan 2025
5053-bedAED 2.75M · Jan 2011
5062-bedAED 3.7M · Jul 2013

502, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 3 January 2011 for AED 2,753,238, or AED 1,128 per sqft.
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 255,000 to AED 155,000 in 2021 and recovered to AED 300,000 by August 2026.
  • At AED 300,000 a year the gross yield on the 2011 price is 10.9%, 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 20 August 2026.

Questions about 502, Oceana - Atlantic

What did unit 502 last sell for?

AED 2,753,238 on 3 January 2011, sold by the developer: AED 1,128 per sqft for 2,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 300,000 a year on the contract signed on 20 August 2026. The previous contract, from February 2021, was AED 155,000; the unit has been rented since July 2013.

How big is unit 502?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 502 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 502, Oceana - Atlantic

Starts from the last sale price (AED 2.75M, 3 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,753,238
Deposit, UAE resident (20%)
AED 550,648
Deposit, non-resident (40%)
AED 1,101,295
Monthly over 25 years at 3.7%
AED 11,264

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