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

D03, Oceana - Atlantic

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D03 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 2.35M14 August 2013
Current rentAED 80K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D03, Oceana - Atlantic

What is D03 worth today?

Last sold for AED 2,350,000 in 2013

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20 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
16 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
15 Nov 2019RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
15 Nov 2018RentedRenewal
AED 118,000/yr12 months · AED 88 per sqft
15 Nov 2017RentedNew contract
AED 139,000/yr12 months · AED 104 per sqft
8 Sep 2016RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
4 Nov 2015RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
14 Aug 2013SoldReady
AED 2,350,000AED 1,756 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
1st of 14
Parking
B2-2133
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.35M · August 2013

About D03, Oceana - Atlantic

D03 is a one-bedroom apartment of 1,338 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 14 August 2013 for AED 2,350,000, or AED 1,756 per sqft, 54% above the AED 1,142 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 August 2024, is AED 80,000 a year: a gross yield of 3.4% on the 2013 price, before the service charge of about AED 30,900 a year.

Sales and rents for D03 over time

Sales
Unit D03, 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 by developer, May 2012: AED 1,739,400 (AED 1,299 per sqft)Sold, August 2013: AED 2,350,000 (AED 1,756 per sqft)

D03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit D03, 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, November 2015: AED 170,000 a yearNew contract, September 2016: AED 145,000 a yearNew contract, November 2017: AED 139,000 a yearRenewal, November 2018: AED 118,000 a yearRenewal, November 2019: AED 115,000 a yearNew contract, November 2020: AED 120,000 a yearNew contract, August 2024: AED 80,000 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 D03 sits

All 34 1-beds →

D03 last sold in August 2013 at AED 1,756 per sqft, 54% above what one-beds in Oceana - Atlantic were fetching at the time (AED 1,142). D03's AED 80,000 is at the bottom 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 1st floor

All 92 units in Oceana - Atlantic
Value
D012-bedAED 2.75M · Feb 2019
D023-bedAED 1.19M · Aug 2020
D041-bedAED 1.73M · Mar 2012
D053-bedAED 3.2M · Mar 2012
D062-bedAED 2.2M · Apr 2013

D03, Oceana - Atlantic in numbers

  • Sold twice: first on 1 May 2012 for AED 1,739,400, last on 14 August 2013 for AED 2,350,000 (AED 1,756 per sqft).
  • Rented since November 2015 on 7 Ejari contracts, from AED 170,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 3.4%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 20 August 2024.

Questions about D03, Oceana - Atlantic

What did unit D03 last sell for?

AED 2,350,000 on 14 August 2013: AED 1,756 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,739,400 in May 2012.

What is the rent for unit D03?

AED 80,000 a year on the contract signed on 20 August 2024. The previous contract, from November 2020, was AED 120,000; the unit has been rented since November 2015.

How big is unit D03?

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

What is unit D03 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 D03, Oceana - Atlantic

Starts from the last sale price (AED 2.35M, 14 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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