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2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 2nd floor · completed 2010

106, Oceana - Baltic

Sold prices and rental history: sold 4 times, last in April 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 24 April 2017
Last soldAED 2.9M24 April 2017
Current rentAED 190K /yr3 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 106, Oceana - Baltic

What is 106 worth today?

Last sold for AED 2,900,000 in 2017

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24 Apr 2017SoldReady
AED 2,900,000AED 1,696 per sqft
3 Jul 2016RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
24 Dec 2014SoldReady
AED 2,500,000AED 1,462 per sqft
12 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
5 Jan 2012SoldReady
AED 2,305,118AED 1,348 per sqft
19 May 2011Sold by developerReady
AED 2,305,118AED 1,348 per sqft

Source: Dubai Land Department. Updated 24 April 2017.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
2nd of 14
Parking
B2-2301
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.9M · April 2017
Building
Oceana - Baltic

About 106, Oceana - Baltic

106 is a two-bedroom apartment of 1,709 sqft on the 2nd floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 April 2017 for AED 2,900,000, or AED 1,696 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 3 July 2016, is AED 190,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 39,500 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Oceana - Baltic
2M4M2010201420182022Typical sale price by year: 2010 AED 2,524,104; 2011 AED 2,400,000; 2012 AED 2,450,000; 2013 AED 3,075,000; 2014 AED 4,100,000; 2020 AED 2,000,000; 2021 AED 2,100,000; 2022 AED 3,350,000; 2023 AED 3,932,500; 2024 AED 4,500,000Sold by developer, May 2011: AED 2,305,118 (AED 1,348 per sqft)Sold, January 2012: AED 2,305,118 (AED 1,348 per sqft)Sold, December 2014: AED 2,500,000 (AED 1,462 per sqft)Sold, April 2017: AED 2,900,000 (AED 1,696 per sqft)

106 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in Oceana - Baltic
100K200K2012201620202024Typical rent by year: 2012 AED 151,925; 2013 AED 200,000; 2014 AED 205,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,500; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 130,625; 2022 AED 150,000; 2023 AED 240,000; 2024 AED 248,500; 2025 AED 248,500; 2026 AED 245,000New contract, August 2014: AED 220,000 a yearNew contract, July 2016: AED 190,000 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 - Baltic, and where 106 sits

All 30 2-beds →

Over the last 12 months two-beds sold for AED 6,000,000 to 6,900,000, around AED 3,773 per sqft, and rent for AED 202,890 to 435,000 a year. 106's AED 190,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20266,900,000
4 Feb 20266,000,000
25 Nov 20244,500,000
30 Oct 20245,380,000
2 2-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
1031-bedAED 1.64M · Aug 2010
1041-bedAED 1.64M · May 2011
1053-bedAED 6.2M · Feb 2025

106, Oceana - Baltic in numbers

  • Sold 4 times: first on 19 May 2011 for AED 2,305,118, last on 24 April 2017 for AED 2,900,000 (AED 1,696 per sqft).
  • Rented since August 2014 on 2 Ejari contracts, from AED 220,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
  • Two-beds in Oceana - Baltic sold for AED 6,000,000–6,900,000 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 24 April 2017.

Questions about 106, Oceana - Baltic

What did unit 106 last sell for?

AED 2,900,000 on 24 April 2017: AED 1,696 per sqft for 1,709 sqft. The unit has 4 registered sales; the first was AED 2,305,118 in May 2011.

What is the rent for unit 106?

AED 190,000 a year on the contract signed on 3 July 2016. The previous contract, from August 2014, was AED 220,000.

How big is unit 106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Baltic sold for AED 6,000,000 to 6,900,000 in the last 12 months, around AED 3,773 per sqft.

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Mortgage on 106, Oceana - Baltic

Starts from the last sale price (AED 2.9M, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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