3-bed · 2,280 sqftOceana - Atlantic, Palm Jumeirah · 6th floor · completed 2010

505, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 2.75M3 January 2011
Current rentAED 280K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Oceana - Atlantic

What is 505 worth today?

Last sold for AED 2,753,238 in 2011

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20 May 2026RentedNew contract
AED 280,000/yr12 months · AED 123 per sqft
2 Nov 2025RentedRenewal
AED 286,650/yr12 months · AED 126 per sqft
2 Nov 2024RentedRenewal
AED 273,000/yr12 months · AED 120 per sqft
2 Nov 2023RentedRenewal
AED 260,000/yr12 months · AED 114 per sqft
2 Nov 2022RentedRenewal
AED 220,000/yr12 months · AED 96 per sqft
2 Nov 2021RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
1 Oct 2020RentedNew contract
AED 170,000/yr13 months · AED 74 per sqft
7 Sep 2019RentedRenewal
AED 230,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
6th of 14
Parking
B1-1084,1085
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 2.75M · January 2011

About 505, Oceana - Atlantic

505 is a three-bedroom apartment of 2,280 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 1,207 per sqft, in line with the AED 1,223 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 20 May 2026, is AED 280,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,207 per sqft)

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

Rents
Unit 505, 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, September 2014: AED 264,000 a yearNew contract, September 2015: AED 285,000 a yearRenewal, September 2016: AED 275,000 a yearNew contract, September 2017: AED 260,000 a yearRenewal, September 2018: AED 240,000 a yearRenewal, September 2019: AED 230,000 a yearNew contract, October 2020: AED 170,000 a yearRenewal, November 2021: AED 180,000 a yearRenewal, November 2022: AED 220,000 a yearRenewal, November 2023: AED 260,000 a yearRenewal, November 2024: AED 273,000 a yearRenewal, November 2025: AED 286,650 a yearNew contract, May 2026: AED 280,000 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 505 sits

All 26 3-beds →

505 last sold in January 2011 at AED 1,207 per sqft, in line with 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. 505's AED 280,000 is at the bottom 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
5023-bedAED 2.75M · Jan 2011
5031-bedAED 1.6M · Jan 2021
5041-bedAED 3.6M · Jan 2025
5062-bedAED 3.7M · Jul 2013

505, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 3 January 2011 for AED 2,753,238, or AED 1,207 per sqft.
  • Rented since September 2014 on 13 Ejari contracts. The rent fell from AED 264,000 to AED 170,000 in 2020 and recovered to AED 280,000 by May 2026.
  • At AED 280,000 a year the gross yield on the 2011 price is 10.2%, 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 20 May 2026.

Questions about 505, Oceana - Atlantic

What did unit 505 last sell for?

AED 2,753,238 on 3 January 2011, sold by the developer: AED 1,207 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 280,000 a year on the contract signed on 20 May 2026. The previous contract, from November 2025, was AED 286,650; the unit has been rented since September 2014.

How big is unit 505?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 505 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 505, 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 →