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1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 9th floor · completed 2010

803, Oceana - Atlantic

Sold prices and rental history: sold 4 times, last in January 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 24 January 2017
Last soldAED 2.5M24 January 2017
Current rentAED 170K /yr25 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Oceana - Atlantic

What is 803 worth today?

Last sold for AED 2,500,000 in 2017

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24 Jan 2017SoldReady
AED 2,500,000AED 1,868 per sqft
25 May 2015RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
25 May 2014RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
30 Apr 2014SoldReady
AED 3,000,000AED 2,241 per sqft
28 Jun 2011SoldReady
AED 1,800,000AED 1,345 per sqft
16 Jun 2011Sold by developerReady
AED 1,700,000AED 1,270 per sqft

Source: Dubai Land Department. Updated 24 January 2017.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
9th of 14
Parking
B2-2084
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.5M · January 2017
Building
Oceana - Atlantic

About 803, Oceana - Atlantic

803 is a one-bedroom apartment of 1,338 sqft on the 9th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 January 2017 for AED 2,500,000, or AED 1,868 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 May 2015, is AED 170,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 30,900 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Oceana - Atlantic
2M3M20102014201820222026Typical 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, June 2011: AED 1,800,000 (AED 1,345 per sqft)Sold by developer, June 2011: AED 1,700,000 (AED 1,270 per sqft)Sold, April 2014: AED 3,000,000 (AED 2,241 per sqft)Sold, January 2017: AED 2,500,000 (AED 1,868 per sqft)

803 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, 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, May 2014: AED 170,000 a yearNew contract, May 2015: AED 170,000 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 803 sits

All 34 1-beds →

803's AED 170,000 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 9th floor

All 92 units in Oceana - Atlantic
Value
8012-bedAED 2.22M · Aug 2010
8023-bedAED 4.9M · Nov 2013
8041-bedAED 2M · Jul 2021
8053-bedAED 3.4M · May 2011
8062-bedAED 5.48M · Jul 2026

803, Oceana - Atlantic in numbers

  • Sold 4 times: first on 16 June 2011 for AED 1,700,000, last on 24 January 2017 for AED 2,500,000 (AED 1,868 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 24 January 2017.

Questions about 803, Oceana - Atlantic

What did unit 803 last sell for?

AED 2,500,000 on 24 January 2017: AED 1,868 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,700,000 in June 2011.

What is the rent for unit 803?

AED 170,000 a year on the contract signed on 25 May 2015. The previous contract, from May 2014, was AED 170,000.

How big is unit 803?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 9th floor of a 14-storey tower completed in 2010.

What is unit 803 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 803, Oceana - Atlantic

Starts from the last sale price (AED 2.5M, 24 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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