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

1204, Oceana - Baltic

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

Unit 1204 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 2.95M13 June 2023
Current rentAED 121K /yr26 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Oceana - Baltic

What is 1204 worth today?

Last sold for AED 2,950,000 in 2023

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13 Jun 2023SoldReady
AED 2,950,000AED 2,204 per sqft
26 Feb 2023RentedRenewal
AED 120,750/yr12 months · AED 90 per sqft
1 Nov 2020RentedNew contract
AED 114,809/yr28 months · AED 86 per sqft
26 Feb 2020RentedRenewal
AED 123,500/yr12 months · AED 93 per sqft
26 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
15 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
7 Aug 2015RentedRenewal
AED 145,000/yr12 months · AED 109 per sqft
7 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 13 June 2023.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
13th of 14
Parking
B2-2292
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.95M · June 2023

About 1204, Oceana - Baltic

1204 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 13 June 2023 for AED 2,950,000, or AED 2,204 per sqft, in line with the AED 2,167 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 26 February 2023, is AED 120,750 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 1,850,000 (AED 1,382 per sqft)Sold, June 2023: AED 2,950,000 (AED 2,204 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, 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, August 2013: AED 140,000 a yearNew contract, August 2014: AED 140,000 a yearRenewal, August 2015: AED 145,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, February 2019: AED 130,000 a yearRenewal, February 2020: AED 123,500 a yearNew contract, November 2020: AED 114,809 a yearRenewal, February 2023: AED 120,750 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 1204 sits

All 34 1-beds →

1204 last sold in June 2023 at AED 2,204 per sqft, in line with 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. 1204's AED 120,750 is at the bottom 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
12031-bedAED 3.77M · Dec 2023
12053-bedAED 3M · Feb 2011
12062-bedAED 3.8M · Jun 2022

1204, Oceana - Baltic in numbers

  • Sold twice: first on 26 January 2011 for AED 1,850,000, last on 13 June 2023 for AED 2,950,000 (AED 2,204 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 140,000 to AED 120,750 a year.
  • At AED 120,750 a year the gross yield on the 2023 price is 4.1%, 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 13 June 2023.

Questions about 1204, Oceana - Baltic

What did unit 1204 last sell for?

AED 2,950,000 on 13 June 2023: AED 2,204 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in January 2011.

What is the rent for unit 1204?

AED 120,750 a year on the contract renewed on 26 February 2023. The previous contract, from November 2020, was AED 114,809; the unit has been rented since August 2013.

How big is unit 1204?

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 1204 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 1204, Oceana - Baltic

Starts from the last sale price (AED 2.95M, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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