2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 13th floor · completed 2010

1201, Oceana - Baltic

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

Unit 1201 · DLD and Ejari recordsUpdated 16 January 2023
Last soldAED 3.92M16 January 2023
Current rentAED 205K /yr25 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Oceana - Baltic

What is 1201 worth today?

Last sold for AED 3,915,000 in 2023

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16 Jan 2023SoldReady
AED 3,915,000AED 2,290 per sqft
25 Aug 2022RentedRenewal
AED 205,000/yr6 months · AED 120 per sqft
25 Aug 2021RentedNew contract
AED 185,000/yr12 months · AED 108 per sqft
22 Aug 2020RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
1 Aug 2019RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
30 Oct 2017RentedRenewal
AED 185,000/yr12 months · AED 108 per sqft
30 Oct 2016RentedRenewal
AED 210,000/yr12 months · AED 123 per sqft
30 Oct 2015RentedNew contract
AED 210,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
13th of 14
Parking
B2-2295
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.92M · January 2023

About 1201, Oceana - Baltic

1201 is a two-bedroom apartment of 1,709 sqft on the 13th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 16 January 2023 for AED 3,915,000, or AED 2,290 per sqft, 12% above the AED 2,047 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 25 August 2022, is AED 205,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, March 2011: AED 2,200,000 (AED 1,287 per sqft)Sold, January 2023: AED 3,915,000 (AED 2,290 per sqft)

1201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, October 2015: AED 210,000 a yearRenewal, October 2016: AED 210,000 a yearRenewal, October 2017: AED 185,000 a yearNew contract, August 2019: AED 135,000 a yearNew contract, August 2020: AED 125,000 a yearNew contract, August 2021: AED 185,000 a yearRenewal, August 2022: AED 205,000 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 1201 sits

All 30 2-beds →

1201 last sold in January 2023 at AED 2,290 per sqft, 12% above what two-beds in Oceana - Baltic were fetching at the time (AED 2,047). 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. 1201's AED 205,000 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 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 13th floor

All 92 units in Oceana - Baltic
Value
12023-bedAED 7.75M · Oct 2025
12031-bedAED 3.77M · Dec 2023
12041-bedAED 2.95M · Jun 2023
12053-bedAED 3M · Feb 2011
12062-bedAED 3.8M · Jun 2022

1201, Oceana - Baltic in numbers

  • Sold twice: first on 27 March 2011 for AED 2,200,000, last on 16 January 2023 for AED 3,915,000 (AED 2,290 per sqft).
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 210,000 to AED 125,000 in 2020 and recovered to AED 205,000 by August 2022.
  • At AED 205,000 a year the gross yield on the 2023 price is 5.2%, 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 16 January 2023.

Questions about 1201, Oceana - Baltic

What did unit 1201 last sell for?

AED 3,915,000 on 16 January 2023: AED 2,290 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in March 2011.

What is the rent for unit 1201?

AED 205,000 a year on the contract renewed on 25 August 2022. The previous contract, from August 2021, was AED 185,000; the unit has been rented since October 2015.

How big is unit 1201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1201 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 1201, Oceana - Baltic

Starts from the last sale price (AED 3.92M, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,915,000
Deposit, UAE resident (20%)
AED 783,000
Deposit, non-resident (40%)
AED 1,566,000
Monthly over 25 years at 3.7%
AED 16,017

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