3-bed · 2,280 sqftOceana - Baltic, Palm Jumeirah · 13th floor · completed 2010

1205, Oceana - Baltic

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 6 August 2016
Last soldAED 3M24 February 2011
Current rentAED 231K /yr6 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Oceana - Baltic

What is 1205 worth today?

Last sold for AED 3,000,000 in 2011

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6 Aug 2016RentedRenewal
AED 231,000/yr12 months · AED 101 per sqft
6 Aug 2015RentedRenewal
AED 220,000/yr12 months · AED 96 per sqft
6 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 96 per sqft
6 Aug 2013RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
6 Aug 2012RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
24 Feb 2011Sold by developerReady
AED 3,000,000AED 1,315 per sqft

Source: Dubai Land Department. Updated 6 August 2016.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
13th of 14
Parking
B2-2288,2289
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3M · February 2011

About 1205, Oceana - Baltic

1205 is a three-bedroom apartment of 2,280 sqft on the 13th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 24 February 2011 for AED 3,000,000, or AED 1,315 per sqft, 10% below the AED 1,466 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 6 August 2016, is AED 231,000 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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 3,000,000 (AED 1,315 per sqft)

1205 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, each contractTypical three-bed in Oceana - Baltic
200K300K2012201620202024Typical 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 2012: AED 200,000 a yearNew contract, August 2013: AED 200,000 a yearNew contract, August 2014: AED 220,000 a yearRenewal, August 2015: AED 220,000 a yearRenewal, August 2016: AED 231,000 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 1205 sits

All 26 3-beds →

1205 last sold in February 2011 at AED 1,315 per sqft, 10% below what three-beds in Oceana - Baltic were fetching at the time (AED 1,466). 1205's AED 231,000 is at the bottom 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 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
12041-bedAED 2.95M · Jun 2023
12062-bedAED 3.8M · Jun 2022

1205, Oceana - Baltic in numbers

  • Sold once: by Seven Tides on 24 February 2011 for AED 3,000,000, or AED 1,315 per sqft.
  • Rented since August 2012 on 5 Ejari contracts, from AED 200,000 to AED 231,000 a year.
  • At AED 231,000 a year the gross yield on the 2011 price is 7.7%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 6 August 2016.

Questions about 1205, Oceana - Baltic

What did unit 1205 last sell for?

AED 3,000,000 on 24 February 2011, sold by the developer: AED 1,315 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 1205?

AED 231,000 a year on the contract renewed on 6 August 2016. The previous contract, from August 2015, was AED 220,000; the unit has been rented since August 2012.

How big is unit 1205?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1205 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 1205, Oceana - Baltic

Starts from the last sale price (AED 3M, 24 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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