506, Oceana - Atlantic
Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Oceana - Atlantic
What is 506 worth today?
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Source: Dubai Land Department. Updated 8 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 6th of 14
- Parking
- B1-1108
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.7M · July 2013
- Building
- Oceana - Atlantic
About 506, Oceana - Atlantic
506 is a two-bedroom apartment of 1,709 sqft on the 6th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 10 July 2013 for AED 3,700,000, or AED 2,164 per sqft, 17% above the AED 1,842 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 8 October 2025, is AED 300,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 39,500 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 30 2-beds →506 last sold in July 2013 at AED 2,164 per sqft, 17% above what two-beds in Oceana - Atlantic were fetching at the time (AED 1,842). 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. 506's AED 300,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 1,709 sqft | 5,475,000 | 3,203 | ||
| 7 Nov 20257 November 2025 | 2,444 sqft | 8,000,000 | 3,273 | ||
| 4 Nov 20254 November 2025 | 1,709 sqft | 6,550,000 | 3,832 | ||
| 23 Aug 202423 August 2024 | 2,444 sqft | 4,850,000 | 1,984 |
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 6th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 2.13MAED 2,134,739 · Aug 2010August 2010 | 235,180 /yr | |
| 502 | 3-bed | 2,440 sqft | AED 2.75MAED 2,753,238 · Jan 2011January 2011 | 300,000 /yr | |
| 503 | 1-bed | 1,338 sqft | AED 1.6MAED 1,600,000 · Jan 2021January 2021 | 125,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 3.6MAED 3,600,000 · Jan 2025January 2025 | 240,000 /yr | |
| 505 | 3-bed | 2,280 sqft | AED 2.75MAED 2,753,238 · Jan 2011January 2011 | 280,000 /yr |
506, Oceana - Atlantic in numbers
- Sold twice: first on 13 December 2010 for AED 2,134,739, last on 10 July 2013 for AED 3,700,000 (AED 2,164 per sqft).
- Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 235,000 to AED 155,000 in 2021 and recovered to AED 300,000 by October 2025.
- At AED 300,000 a year the gross yield on the 2013 price is 8.1%, 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 8 October 2025.
Questions about 506, Oceana - Atlantic
What did unit 506 last sell for?
AED 3,700,000 on 10 July 2013: AED 2,164 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,134,739 in December 2010.
What is the rent for unit 506?
AED 300,000 a year on the contract renewed on 8 October 2025. The previous contract, from October 2024, was AED 270,000; the unit has been rented since August 2013.
How big is unit 506?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 506 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 506, Oceana - Atlantic
Starts from the last sale price (AED 3.7M, 10 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →