1-bed · 1,338 sqftOceana - Baltic, Palm Jumeirah · 2nd floor · completed 2010

103, Oceana - Baltic

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 14 February 2022
Last soldAED 1.64M19 August 2010
Current rentAED 120K /yr14 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Oceana - Baltic

What is 103 worth today?

Last sold for AED 1,635,933 in 2010

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14 Feb 2022RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
14 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
1 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
1 Mar 2018RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
14 Sep 2014RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
19 Aug 2010Sold by developerReady
AED 1,635,933AED 1,222 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
2nd of 14
Parking
B2-2221
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.64M · August 2010

About 103, Oceana - Baltic

103 is a one-bedroom apartment of 1,338 sqft on the 2nd floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 19 August 2010 for AED 1,635,933, or AED 1,222 per sqft, 12% below the AED 1,393 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 14 February 2022, is AED 120,000 a year: a gross yield of 7.3% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, August 2010: AED 1,635,933 (AED 1,222 per sqft)

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

Rents
Unit 103, 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, September 2014: AED 160,000 a yearNew contract, March 2018: AED 135,000 a yearRenewal, March 2019: AED 120,000 a yearNew contract, February 2021: AED 120,000 a yearRenewal, February 2022: AED 120,000 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 103 sits

All 34 1-beds →

103 last sold in August 2010 at AED 1,222 per sqft, 12% below what one-beds in Oceana - Baltic were fetching at the time (AED 1,393). 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. 103's AED 120,000 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 2nd floor

All 92 units in Oceana - Baltic
Value
1012-bedAED 4.5M · Nov 2024
1023-bedAED 3M · May 2022
1041-bedAED 1.64M · May 2011
1053-bedAED 6.2M · Feb 2025
1062-bedAED 2.9M · Apr 2017

103, Oceana - Baltic in numbers

  • Sold once: by Seven Tides on 19 August 2010 for AED 1,635,933, or AED 1,222 per sqft.
  • Rented since September 2014 on 5 Ejari contracts, from AED 160,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 7.3%, 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 14 February 2022.

Questions about 103, Oceana - Baltic

What did unit 103 last sell for?

AED 1,635,933 on 19 August 2010, sold by the developer: AED 1,222 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 120,000 a year on the contract renewed on 14 February 2022. The previous contract, from February 2021, was AED 120,000; the unit has been rented since September 2014.

How big is unit 103?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 103 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 103, Oceana - Baltic

Starts from the last sale price (AED 1.64M, 19 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,635,933
Deposit, UAE resident (20%)
AED 327,187
Deposit, non-resident (40%)
AED 654,373
Monthly over 25 years at 3.7%
AED 6,693

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