1-bed · 1,338 sqftOceana - Baltic, Palm Jumeirah · 11th floor · completed 2010

1004, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 3M10 May 2023
Current rentAED 110K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Oceana - Baltic

What is 1004 worth today?

Last sold for AED 3,000,000 in 2023

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10 May 2023SoldReady
AED 3,000,000AED 2,241 per sqft
8 Feb 2022SoldReady
AED 2,500,000AED 1,868 per sqft
15 Jul 2021RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
15 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
1 Jun 2019RentedRenewal
AED 147,500/yr12 months · AED 111 per sqft
1 Jun 2018RentedRenewal
AED 155,000/yr12 months · AED 116 per sqft
1 Jun 2017RentedNew contract
AED 155,000/yr12 months · AED 116 per sqft
22 May 2016RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
11th of 14
Parking
B2-2209
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3M · May 2023

About 1004, Oceana - Baltic

1004 is a one-bedroom apartment of 1,338 sqft on the 11th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 10 May 2023 for AED 3,000,000, or AED 2,241 per sqft, 5% above the AED 2,129 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 110,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Oceana - Baltic
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,685,010; 2011 AED 1,746,134; 2012 AED 1,772,570; 2013 AED 2,150,000; 2014 AED 2,975,000; 2022 AED 2,362,500; 2023 AED 2,950,000; 2025 AED 4,625,000Sold by developer, January 2011: AED 1,864,963 (AED 1,393 per sqft)Sold, February 2022: AED 2,500,000 (AED 1,868 per sqft)Sold, May 2023: AED 3,000,000 (AED 2,241 per sqft)

1004 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Oceana - Baltic
100K150K2012201620202024Typical rent by year: 2012 AED 132,300; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 139,500; 2019 AED 120,695; 2020 AED 105,000; 2021 AED 105,143; 2022 AED 115,000; 2023 AED 135,000; 2024 AED 165,000; 2025 AED 167,500; 2026 AED 165,000New contract, January 2015: AED 170,000 a yearRenewal, January 2016: AED 170,000 a yearNew contract, May 2016: AED 165,000 a yearNew contract, June 2017: AED 155,000 a yearRenewal, June 2018: AED 155,000 a yearRenewal, June 2019: AED 147,500 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2021: AED 110,000 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 - Baltic, and where 1004 sits

All 34 1-beds →

1004 last sold in May 2023 at AED 2,241 per sqft, 5% above what one-beds in Oceana - Baltic were fetching at the time (AED 2,129). Over the last 12 months one-beds sold for AED 4,000,000 to 4,900,000, around AED 3,325 per sqft, and rent for AED 127,988 to 295,000 a year. 1004's AED 110,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20264,000,000
16 Dec 20254,900,000
16 May 20254,750,000
27 Mar 20254,500,000
2 1-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
10023-bedAED 3.39M · Jan 2011
10031-bedAED 1.86M · Aug 2010
10053-bedAED 3.57M · Feb 2022
10062-bedAED 2M · Jan 2021

1004, Oceana - Baltic in numbers

  • Sold 3 times: first on 18 January 2011 for AED 1,864,963, last on 10 May 2023 for AED 3,000,000 (AED 2,241 per sqft).
  • Rented since January 2015 on 8 Ejari contracts, from AED 170,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Baltic sold for AED 4,000,000–4,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,586 per sqft.

Source: Dubai Land Department. Updated 10 May 2023.

Questions about 1004, Oceana - Baltic

What did unit 1004 last sell for?

AED 3,000,000 on 10 May 2023: AED 2,241 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,864,963 in January 2011.

What is the rent for unit 1004?

AED 110,000 a year on the contract renewed on 15 July 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since January 2015.

How big is unit 1004?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Baltic sold for AED 4,000,000 to 4,900,000 in the last 12 months, around AED 3,325 per sqft.

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Mortgage on 1004, Oceana - Baltic

Starts from the last sale price (AED 3M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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