2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 12th floor · completed 2010

1101, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 5.38M30 October 2024
Current rentAED 240K /yr15 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Oceana - Baltic

What is 1101 worth today?

Last sold for AED 5,380,000 in 2024

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30 Oct 2024SoldReady
AED 5,380,000AED 3,147 per sqft
15 Sep 2018RentedRenewal
AED 240,000/yr12 months · AED 140 per sqft
15 Sep 2017RentedRenewal
AED 240,000/yr12 months · AED 140 per sqft
15 Sep 2016RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
15 Sep 2015RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
15 Sep 2014RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
10 Jun 2013RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft
12 May 2013SoldReady
AED 3,150,000AED 1,842 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B2-2346
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.38M · October 2024

About 1101, Oceana - Baltic

1101 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 30 October 2024 for AED 5,380,000, or AED 3,147 per sqft, 20% above the AED 2,632 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 September 2018, is AED 240,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, August 2010: AED 2,662,411 (AED 1,557 per sqft)Sold, May 2013: AED 3,150,000 (AED 1,842 per sqft)Sold, October 2024: AED 5,380,000 (AED 3,147 per sqft)

1101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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, June 2013: AED 225,000 a yearNew contract, September 2014: AED 240,000 a yearNew contract, September 2015: AED 240,000 a yearNew contract, September 2016: AED 240,000 a yearRenewal, September 2017: AED 240,000 a yearRenewal, September 2018: AED 240,000 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 1101 sits

All 30 2-beds →

1101 last sold in October 2024 at AED 3,147 per sqft, 20% above what two-beds in Oceana - Baltic were fetching at the time (AED 2,632). 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. 1101's AED 240,000 is in the lower half 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 Sep 20245,000,000
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 12th floor

All 92 units in Oceana - Baltic
Value
11023-bedAED 7.1M · Nov 2023
11031-bedAED 1.89M · Aug 2010
11041-bedAED 1.89M · Aug 2010
11053-bedAED 6.08M · Apr 2024
11062-bedAED 4.4M · Jun 2023

1101, Oceana - Baltic in numbers

  • Sold 3 times: first on 9 August 2010 for AED 2,662,411, last on 30 October 2024 for AED 5,380,000 (AED 3,147 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 225,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 4.5%, 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 30 October 2024.

Questions about 1101, Oceana - Baltic

What did unit 1101 last sell for?

AED 5,380,000 on 30 October 2024: AED 3,147 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,662,411 in August 2010.

What is the rent for unit 1101?

AED 240,000 a year on the contract renewed on 15 September 2018. The previous contract, from September 2017, was AED 240,000; the unit has been rented since June 2013.

How big is unit 1101?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1101 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 1101, Oceana - Baltic

Starts from the last sale price (AED 5.38M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,380,000
Deposit, UAE resident (20%)
AED 1,076,000
Deposit, non-resident (40%)
AED 2,152,000
Monthly over 25 years at 3.7%
AED 22,011

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