1-bed · 1,338 sqftOceana - Baltic, Palm Jumeirah · 13th floor · completed 2010

1203, Oceana - Baltic

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 3.77M8 December 2023
Current rentAED 175K /yr8 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Oceana - Baltic

What is 1203 worth today?

Last sold for AED 3,774,300 in 2023

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8 Dec 2023SoldReady
AED 3,774,300AED 2,820 per sqft
8 Aug 2023RentedRenewal
AED 175,000/yr12 months · AED 131 per sqft
8 Aug 2022RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
1 Aug 2021RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
7 Jun 2020SoldReady
AED 1,650,000AED 1,233 per sqft
30 Jun 2014SoldReady
AED 3,200,000AED 2,391 per sqft
1 Jun 2013RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
9 Jan 2011Sold by developerReady
AED 1,950,000AED 1,457 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
13th of 14
Parking
B2-2284
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.77M · December 2023

About 1203, Oceana - Baltic

1203 is a one-bedroom apartment of 1,338 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 8 December 2023 for AED 3,774,300, or AED 2,820 per sqft, 30% above the AED 2,167 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 8 August 2023, is AED 175,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, January 2011: AED 1,950,000 (AED 1,457 per sqft)Sold, June 2014: AED 3,200,000 (AED 2,391 per sqft)Sold, June 2020: AED 1,650,000 (AED 1,233 per sqft)Sold, December 2023: AED 3,774,300 (AED 2,820 per sqft)

1203 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, 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, June 2013: AED 100,000 a yearNew contract, August 2021: AED 135,000 a yearNew contract, August 2022: AED 145,000 a yearRenewal, August 2023: AED 175,000 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 1203 sits

All 34 1-beds →

1203 last sold in December 2023 at AED 2,820 per sqft, 30% above what one-beds in Oceana - Baltic were fetching at the time (AED 2,167). 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. 1203's AED 175,000 is in the lower half 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 13th floor

All 92 units in Oceana - Baltic
Value
12012-bedAED 3.92M · Jan 2023
12023-bedAED 7.75M · Oct 2025
12041-bedAED 2.95M · Jun 2023
12053-bedAED 3M · Feb 2011
12062-bedAED 3.8M · Jun 2022

1203, Oceana - Baltic in numbers

  • Sold 4 times: first on 9 January 2011 for AED 1,950,000, last on 8 December 2023 for AED 3,774,300 (AED 2,820 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 100,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.6%, 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 8 December 2023.

Questions about 1203, Oceana - Baltic

What did unit 1203 last sell for?

AED 3,774,300 on 8 December 2023: AED 2,820 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,950,000 in January 2011.

What is the rent for unit 1203?

AED 175,000 a year on the contract renewed on 8 August 2023. The previous contract, from August 2022, was AED 145,000; the unit has been rented since June 2013.

How big is unit 1203?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1203 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 1203, Oceana - Baltic

Starts from the last sale price (AED 3.77M, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,774,300
Deposit, UAE resident (20%)
AED 754,860
Deposit, non-resident (40%)
AED 1,509,720
Monthly over 25 years at 3.7%
AED 15,442

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