2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 3rd floor · completed 2010

201, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 28 February 2019
Last soldAED 2.33M28 February 2019
Current rentAED 180K /yr24 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Oceana - Baltic

What is 201 worth today?

Last sold for AED 2,330,000 in 2019

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28 Feb 2019SoldReady
AED 2,330,000AED 1,363 per sqft
24 Sep 2017RentedRenewal
AED 180,000/yr12 months · AED 105 per sqft
24 Sep 2016RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
1 Mar 2016RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
26 Feb 2015RentedNew contract
AED 198,020/yr12 months · AED 116 per sqft
27 Oct 2013RentedNew contract
AED 210,000/yr12 months · AED 123 per sqft
12 Sep 2013SoldReady
AED 3,600,000AED 2,106 per sqft
17 Jun 2013Sold by developerReady
AED 2,975,000AED 1,740 per sqft

Source: Dubai Land Department. Updated 28 February 2019.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2202
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.33M · February 2019

About 201, Oceana - Baltic

201 is a two-bedroom apartment of 1,709 sqft on the 3rd floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 February 2019 for AED 2,330,000, or AED 1,363 per sqft, in line with the AED 1,363 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 24 September 2017, is AED 180,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 39,500 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, June 2013: AED 2,975,000 (AED 1,740 per sqft)Sold, September 2013: AED 3,600,000 (AED 2,106 per sqft)Sold, February 2019: AED 2,330,000 (AED 1,363 per sqft)

201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, 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 2013: AED 210,000 a yearNew contract, February 2015: AED 198,020 a yearRenewal, March 2016: AED 200,000 a yearNew contract, September 2016: AED 180,000 a yearRenewal, September 2017: AED 180,000 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 201 sits

All 30 2-beds →

201 last sold in February 2019 at AED 1,363 per sqft, in line with what two-beds in Oceana - Baltic were fetching at the time (AED 1,363). 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. 201's AED 180,000 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 3rd floor

All 92 units in Oceana - Baltic
Value
2023-bedAED 6M · Feb 2025
2031-bedAED 1.64M · Oct 2010
2041-bedAED 1.64M · Jan 2011
2053-bedAED 3M · May 2012
2062-bedAED 5.25M · Sep 2024

201, Oceana - Baltic in numbers

  • Sold 3 times: first on 17 June 2013 for AED 2,975,000, last on 28 February 2019 for AED 2,330,000 (AED 1,363 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 210,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 7.7%, 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 28 February 2019.

Questions about 201, Oceana - Baltic

What did unit 201 last sell for?

AED 2,330,000 on 28 February 2019: AED 1,363 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,975,000 in June 2013.

What is the rent for unit 201?

AED 180,000 a year on the contract renewed on 24 September 2017. The previous contract, from September 2016, was AED 180,000; the unit has been rented since October 2013.

How big is unit 201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 201 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 201, Oceana - Baltic

Starts from the last sale price (AED 2.33M, 28 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,330,000
Deposit, UAE resident (20%)
AED 466,000
Deposit, non-resident (40%)
AED 932,000
Monthly over 25 years at 3.7%
AED 9,533

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