2-bed · 1,955 sqftOceana - Atlantic, Palm Jumeirah · Ground floor · completed 2010

G08, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 4.65M22 June 2023
Current rentAED 140K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Oceana - Atlantic

What is G08 worth today?

Last sold for AED 4,650,000 in 2023

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22 Jun 2023SoldReady
AED 4,650,000AED 2,378 per sqft
1 Oct 2021RentedRenewal
AED 140,000/yr12 months · AED 71 per sqft
1 Oct 2020RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft
1 Oct 2017RentedNew contract
AED 195,000/yr12 months · AED 100 per sqft
27 Jun 2014RentedNew contract
AED 215,000/yr12 months · AED 110 per sqft
3 Jul 2013SoldReady
AED 3,550,000AED 1,816 per sqft
15 May 2013RentedNew contract
AED 180,000/yr12 months · AED 92 per sqft
22 Apr 2012Sold by developerReady
AED 2,600,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B2-2170
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 4.65M · June 2023

About G08, Oceana - Atlantic

G08 is a two-bedroom apartment of 1,955 sqft on the ground floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 22 June 2023 for AED 4,650,000, or AED 2,378 per sqft, 12% below the AED 2,691 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 140,000 a year: a gross yield of 3.0% on the 2023 price, before the service charge of about AED 45,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, 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, April 2012: AED 2,600,000 (AED 1,330 per sqft)Sold, July 2013: AED 3,550,000 (AED 1,816 per sqft)Sold, June 2023: AED 4,650,000 (AED 2,378 per sqft)

G08 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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, May 2013: AED 180,000 a yearNew contract, June 2014: AED 215,000 a yearNew contract, October 2017: AED 195,000 a yearNew contract, October 2020: AED 140,000 a yearRenewal, October 2021: AED 140,000 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 G08 sits

All 30 2-beds →

G08 last sold in June 2023 at AED 2,378 per sqft, 12% below what two-beds in Oceana - Atlantic were fetching at the time (AED 2,691). 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. G08's AED 140,000 is at the bottom 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 ground floor

All 92 units in Oceana - Atlantic
Value
G012-bedAED 6.35M · Feb 2023
G021-bedAED 1.59M · Jan 2013
G031-bedAED 1.05M · Dec 2019
G041-bedAED 2.15M · Mar 2013
G051-bedAED 2.15M · Mar 2013
G061-bedAED 1.58M · Jun 2021
G071-bedAED 3.66M · Oct 2025

G08, Oceana - Atlantic in numbers

  • Sold 3 times: first on 22 April 2012 for AED 2,600,000, last on 22 June 2023 for AED 4,650,000 (AED 2,378 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 180,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 3.0%, before a service charge of about AED 45,200 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 22 June 2023.

Questions about G08, Oceana - Atlantic

What did unit G08 last sell for?

AED 4,650,000 on 22 June 2023: AED 2,378 per sqft for 1,955 sqft. The unit has 3 registered sales; the first was AED 2,600,000 in April 2012.

What is the rent for unit G08?

AED 140,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 140,000; the unit has been rented since May 2013.

How big is unit G08?

1,955 sqft (181.6 sqm): a two-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G08 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 G08, Oceana - Atlantic

Starts from the last sale price (AED 4.65M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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