3-bed · 2,280 sqftOceana - Baltic, Palm Jumeirah · 11th floor · completed 2010

1002, Oceana - Baltic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 3.39M4 January 2011
Current rentAED 230K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Oceana - Baltic

What is 1002 worth today?

Last sold for AED 3,389,197 in 2011

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15 Nov 2024RentedRenewal
AED 230,000/yr12 months · AED 101 per sqft
15 Nov 2023RentedRenewal
AED 200,000/yr12 months · AED 88 per sqft
15 Nov 2022RentedRenewal
AED 173,250/yr12 months · AED 76 per sqft
15 Nov 2021RentedRenewal
AED 165,000/yr12 months · AED 72 per sqft
15 Nov 2020RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
20 Nov 2019RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
20 Nov 2018RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
1 Feb 2018RentedRenewal
AED 220,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
11th of 14
Parking
B2-2347,2348
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3.39M · January 2011

About 1002, Oceana - Baltic

1002 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 4 January 2011 for AED 3,389,197, or AED 1,486 per sqft, in line with the AED 1,466 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 230,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Oceana - Baltic
4M6M2011201520192023Typical sale price by year: 2011 AED 3,000,000; 2012 AED 3,000,000; 2013 AED 3,950,000; 2015 AED 4,416,000; 2022 AED 3,567,500; 2023 AED 4,630,000; 2024 AED 5,480,000; 2025 AED 6,650,000Sold by developer, January 2011: AED 3,389,197 (AED 1,486 per sqft)

1002 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Oceana - Baltic
200K300K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 230,375; 2014 AED 227,500; 2015 AED 250,000; 2016 AED 250,000; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 189,000; 2020 AED 170,000; 2021 AED 185,000; 2022 AED 200,000; 2023 AED 214,308; 2024 AED 310,000; 2025 AED 350,000; 2026 AED 350,000New contract, January 2015: AED 250,000 a yearNew contract, January 2016: AED 250,000 a yearNew contract, February 2017: AED 220,000 a yearRenewal, February 2018: AED 220,000 a yearNew contract, November 2018: AED 200,000 a yearRenewal, November 2019: AED 180,000 a yearNew contract, November 2020: AED 150,000 a yearRenewal, November 2021: AED 165,000 a yearRenewal, November 2022: AED 173,250 a yearRenewal, November 2023: AED 200,000 a yearRenewal, November 2024: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oceana - Baltic, and where 1002 sits

All 26 3-beds →

1002 last sold in January 2011 at AED 1,486 per sqft, in line with what three-beds in Oceana - Baltic were fetching at the time (AED 1,466). 1002's AED 230,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Oct 20257,750,000
14 Apr 20257,100,000
17 Feb 20256,000,000
17 Feb 20256,200,000
0 3-bed sales in the last 12 months

Oceana - Baltic

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 4 sold in the last 12 months.

Typical price per sqft
AED 3,586
Typical sale
AED 5.45M
Typical rent
AED 251K /yr
Typical yield
4.2%
Oceana - Baltic, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Baltic
Value
10012-bedAED 2.63M · Jan 2011
10031-bedAED 1.86M · Aug 2010
10041-bedAED 3M · May 2023
10053-bedAED 3.57M · Feb 2022
10062-bedAED 2M · Jan 2021

1002, Oceana - Baltic in numbers

  • Sold once: by Seven Tides on 4 January 2011 for AED 3,389,197, or AED 1,486 per sqft.
  • Rented since January 2015 on 11 Ejari contracts. The rent fell from AED 250,000 to AED 150,000 in 2020 and recovered to AED 230,000 by November 2024.
  • At AED 230,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 1002, Oceana - Baltic

What did unit 1002 last sell for?

AED 3,389,197 on 4 January 2011, sold by the developer: AED 1,486 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 230,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 200,000; the unit has been rented since January 2015.

How big is unit 1002?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1002 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 1002, Oceana - Baltic

Starts from the last sale price (AED 3.39M, 4 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,389,197
Deposit, UAE resident (20%)
AED 677,839
Deposit, non-resident (40%)
AED 1,355,679
Monthly over 25 years at 3.7%
AED 13,866

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