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3-bed · 2,280 sqftOceana - Baltic, Palm Jumeirah · 12th floor · completed 2010

1102, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 7.1M22 November 2023
Current rentAED 420K /yr21 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1102, Oceana - Baltic

What is 1102 worth today?

Last sold for AED 7,100,000 in 2023

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22 Nov 2023SoldReady
AED 7,100,000AED 3,114 per sqft
21 Oct 2022RentedNew contract
AED 420,000/yr12 months · AED 184 per sqft
24 Aug 2021RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
2 Jul 2015SoldReady
AED 4,650,000AED 2,039 per sqft
7 Feb 2011Sold by developerReady
AED 3,433,792AED 1,506 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
12th of 14
Parking
B2-2293,2294
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 7.1M · November 2023
Building
Oceana - Baltic

About 1102, Oceana - Baltic

1102 is a three-bedroom apartment of 2,280 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 22 November 2023 for AED 7,100,000, or AED 3,114 per sqft, 53% above the AED 2,030 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 21 October 2022, is AED 420,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, February 2011: AED 3,433,792 (AED 1,506 per sqft)Sold, July 2015: AED 4,650,000 (AED 2,039 per sqft)Sold, November 2023: AED 7,100,000 (AED 3,114 per sqft)

1102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, each contractTypical three-bed in Oceana - Baltic
200K400K2012201620202024Typical 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, August 2021: AED 250,000 a yearNew contract, October 2022: AED 420,000 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 1102 sits

All 26 3-beds →

1102 last sold in November 2023 at AED 3,114 per sqft, 53% above what three-beds in Oceana - Baltic were fetching at the time (AED 2,030). 1102's AED 420,000 is in the lower half 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 12th floor

All 92 units in Oceana - Baltic
Value
11012-bedAED 5.38M · Oct 2024
11031-bedAED 1.89M · Aug 2010
11041-bedAED 1.89M · Aug 2010
11053-bedAED 6.08M · Apr 2024
11062-bedAED 4.4M · Jun 2023

1102, Oceana - Baltic in numbers

  • Sold 3 times: first on 7 February 2011 for AED 3,433,792, last on 22 November 2023 for AED 7,100,000 (AED 3,114 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, from AED 250,000 to AED 420,000 a year.
  • At AED 420,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 22 November 2023.

Questions about 1102, Oceana - Baltic

What did unit 1102 last sell for?

AED 7,100,000 on 22 November 2023: AED 3,114 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,433,792 in February 2011.

What is the rent for unit 1102?

AED 420,000 a year on the contract signed on 21 October 2022. The previous contract, from August 2021, was AED 250,000.

How big is unit 1102?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1102 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 1102, Oceana - Baltic

Starts from the last sale price (AED 7.1M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

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