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

1206, Oceana - Baltic

Sold prices and rental history: sold 5 times, last in June 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 3.8M8 June 2022
Current rentAED 138K /yr19 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Oceana - Baltic

What is 1206 worth today?

Last sold for AED 3,800,000 in 2022

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8 Jun 2022SoldReady
AED 3,800,000AED 2,223 per sqft
2 Jun 2021SoldReady
AED 1,750,000AED 1,023 per sqft
19 Jun 2020RentedNew contract
AED 138,000/yr12 months · AED 81 per sqft
24 Feb 2020SoldReady
AED 2,150,000AED 1,257 per sqft
15 Apr 2019RentedNew contract
AED 155,000/yr12 months · AED 91 per sqft
7 Dec 2015SoldReady
AED 4,050,000AED 2,369 per sqft
1 Oct 2013Sold by developerReady
AED 2,650,000AED 1,550 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
13th of 14
Parking
B2-2287,B2 2A3-3,B2 2A3-4
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.8M · June 2022

About 1206, Oceana - Baltic

1206 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 8 June 2022 for AED 3,800,000, or AED 2,223 per sqft, 25% above the AED 1,784 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 19 June 2020, is AED 138,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, October 2013: AED 2,650,000 (AED 1,550 per sqft)Sold, December 2015: AED 4,050,000 (AED 2,369 per sqft)Sold, February 2020: AED 2,150,000 (AED 1,257 per sqft)Sold, June 2021: AED 1,750,000 (AED 1,023 per sqft)Sold, June 2022: AED 3,800,000 (AED 2,223 per sqft)

1206 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, April 2019: AED 155,000 a yearNew contract, June 2020: AED 138,000 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 1206 sits

All 30 2-beds →

1206 last sold in June 2022 at AED 2,223 per sqft, 25% above what two-beds in Oceana - Baltic were fetching at the time (AED 1,784). 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. 1206's AED 138,000 is at the bottom 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
12012-bedAED 3.92M · Jan 2023
12023-bedAED 7.75M · Oct 2025
12031-bedAED 3.77M · Dec 2023
12041-bedAED 2.95M · Jun 2023
12053-bedAED 3M · Feb 2011

1206, Oceana - Baltic in numbers

  • Sold 5 times: first on 1 October 2013 for AED 2,650,000, last on 8 June 2022 for AED 3,800,000 (AED 2,223 per sqft).
  • Rented since April 2019 on 2 Ejari contracts, from AED 155,000 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2022 price is 3.6%, 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 8 June 2022.

Questions about 1206, Oceana - Baltic

What did unit 1206 last sell for?

AED 3,800,000 on 8 June 2022: AED 2,223 per sqft for 1,709 sqft. The unit has 5 registered sales; the first was AED 2,650,000 in October 2013.

What is the rent for unit 1206?

AED 138,000 a year on the contract signed on 19 June 2020. The previous contract, from April 2019, was AED 155,000.

How big is unit 1206?

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 1206 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 1206, Oceana - Baltic

Starts from the last sale price (AED 3.8M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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