PH01, Oceana - Atlantic
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PH01, Oceana - Atlantic
What is PH01 worth today?
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Source: Dubai Land Department. Updated 25 January 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 5,304 sqft
- Floor
- 14th of 14
- Parking
- B2-2A2-14,15,16&17
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 122,500 /yr
- Last sold
- AED 14M · January 2023
- Building
- Oceana - Atlantic
About PH01, Oceana - Atlantic
PH01 is a four-bedroom apartment of 5,304 sqft on the 14th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 25 January 2023 for AED 14,000,000, or AED 2,639 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 18 October 2022, is AED 280,000 a year: a gross yield of 2.0% on the 2023 price, before the service charge of about AED 122,500 a year.
4-beds in Oceana - Atlantic, and where PH01 sits
All 2 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20246 November 2024 | 5,355 sqft | 19,500,000 | 3,641 | ||
| 30 Mar 201430 March 2014 | 5,355 sqft | 4,150,000 | 775 |
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 14th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| PH02 | 4-bed | 5,355 sqft | AED 19.5MAED 19,500,000 · Nov 2024November 2024 |
PH01, Oceana - Atlantic in numbers
- Sold 4 times: first on 1 March 2012 for AED 5,150,000, last on 25 January 2023 for AED 14,000,000 (AED 2,639 per sqft).
- Rented since June 2014 on 6 Ejari contracts. The rent fell from AED 255,000 to AED 200,000 in 2020 and recovered to AED 280,000 by October 2022.
- At AED 280,000 a year the gross yield on the 2023 price is 2.0%, before a service charge of about AED 122,500 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 25 January 2023.
Questions about PH01, Oceana - Atlantic
What did unit PH01 last sell for?
AED 14,000,000 on 25 January 2023: AED 2,639 per sqft for 5,304 sqft. The unit has 4 registered sales; the first was AED 5,150,000 in March 2012.
What is the rent for unit PH01?
AED 280,000 a year on the contract signed on 18 October 2022. The previous contract, from July 2020, was AED 200,000; the unit has been rented since June 2014.
How big is unit PH01?
5,304 sqft (492.8 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2010.
What is unit PH01 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 PH01, Oceana - Atlantic
Starts from the last sale price (AED 14M, 25 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 14,000,000
- Deposit, UAE resident (20%)
- AED 2,800,000
- Deposit, non-resident (40%)
- AED 5,600,000
- Monthly over 25 years at 3.7%
- AED 57,278
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →