2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 1st floor · completed 2010

D01, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in February 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D01 · DLD and Ejari recordsUpdated 19 February 2019
Last soldAED 2.75M19 February 2019
Current rentAED 200K /yr9 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D01, Oceana - Atlantic

What is D01 worth today?

Last sold for AED 2,750,000 in 2019

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19 Feb 2019SoldReady
AED 2,750,000AED 1,608 per sqft
9 Mar 2017RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
17 Jan 2016RentedNew contract
AED 224,000/yr12 months · AED 131 per sqft
16 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
27 Aug 2012SoldReady
AED 3,050,000AED 1,784 per sqft
14 Feb 2012Sold by developerReady
AED 2,450,000AED 1,433 per sqft

Source: Dubai Land Department. Updated 19 February 2019.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
1st of 14
Parking
B2-2132
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.75M · February 2019

About D01, Oceana - Atlantic

D01 is a two-bedroom apartment of 1,709 sqft on the 1st floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 19 February 2019 for AED 2,750,000, or AED 1,608 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 9 March 2017, is AED 200,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 39,500 a year.

Sales and rents for D01 over time

Sales
Unit D01, each saleTypical two-bed in Oceana - Atlantic
2M4M2010201420182022Typical sale price by year: 2010 AED 2,134,739; 2011 AED 2,224,940; 2012 AED 2,600,000; 2013 AED 3,500,000; 2014 AED 3,790,000; 2022 AED 3,650,000; 2023 AED 4,625,000; 2024 AED 4,990,000Sold by developer, February 2012: AED 2,450,000 (AED 1,433 per sqft)Sold, August 2012: AED 3,050,000 (AED 1,784 per sqft)Sold, February 2019: AED 2,750,000 (AED 1,608 per sqft)

D01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit D01, each contractTypical two-bed in Oceana - Atlantic
200K2013201720212025Typical rent by year: 2013 AED 208,750; 2014 AED 220,250; 2015 AED 225,000; 2016 AED 205,000; 2017 AED 200,000; 2018 AED 185,000; 2019 AED 170,000; 2020 AED 140,000; 2021 AED 143,750; 2022 AED 167,500; 2023 AED 225,500; 2024 AED 255,000; 2025 AED 270,000; 2026 AED 246,000New contract, March 2015: AED 150,000 a yearNew contract, January 2016: AED 224,000 a yearNew contract, March 2017: AED 200,000 a year

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 D01 sits

All 30 2-beds →

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. D01's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20265,475,000
7 Nov 20258,000,000
4 Nov 20256,550,000
23 Aug 20244,850,000
1 2-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 1st floor

All 92 units in Oceana - Atlantic
Value
D023-bedAED 1.19M · Aug 2020
D031-bedAED 2.35M · Aug 2013
D041-bedAED 1.73M · Mar 2012
D053-bedAED 3.2M · Mar 2012
D062-bedAED 2.2M · Apr 2013

D01, Oceana - Atlantic in numbers

  • Sold 3 times: first on 14 February 2012 for AED 2,450,000, last on 19 February 2019 for AED 2,750,000 (AED 1,608 per sqft).
  • Rented since March 2015 on 3 Ejari contracts, from AED 150,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2019 price is 7.3%, 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 19 February 2019.

Questions about D01, Oceana - Atlantic

What did unit D01 last sell for?

AED 2,750,000 on 19 February 2019: AED 1,608 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,450,000 in February 2012.

What is the rent for unit D01?

AED 200,000 a year on the contract signed on 9 March 2017. The previous contract, from January 2016, was AED 224,000; the unit has been rented since March 2015.

How big is unit D01?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D01 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 D01, Oceana - Atlantic

Starts from the last sale price (AED 2.75M, 19 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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