2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 5th floor · completed 2010

401, Oceana - Baltic

Sold prices and rental history: sold once, by the developer in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 27 March 2011
Last soldAED 2.37M27 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Oceana - Baltic

What is 401 worth today?

Last sold for AED 2,374,271 in 2011

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27 Mar 2011Sold by developerReady
AED 2,374,271AED 1,389 per sqft

Source: Dubai Land Department. Updated 27 March 2011.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
5th of 14
Parking
B1-1328
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.37M · March 2011

About 401, Oceana - Baltic

401 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 27 March 2011 for AED 2,374,271, or AED 1,389 per sqft, 6% below the AED 1,476 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, 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, March 2011: AED 2,374,271 (AED 1,389 per sqft)

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

Rents
Unit 401, 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 245,000

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 401 sits

All 30 2-beds →

401 last sold in March 2011 at AED 1,389 per sqft, 6% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,476). 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.

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 5th floor

All 92 units in Oceana - Baltic
Value
4023-bedAED 5.3M · Oct 2023
4031-bedAED 2.85M · Dec 2014
4041-bedAED 1.69M · Dec 2010
4053-bedAED 5.3M · Jun 2024
4062-bedAED 4.5M · Feb 2024

401, Oceana - Baltic in numbers

  • Sold once: by Seven Tides on 27 March 2011 for AED 2,374,271, or AED 1,389 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 27 March 2011.

Questions about 401, Oceana - Baltic

What did unit 401 last sell for?

AED 2,374,271 on 27 March 2011, sold by the developer: AED 1,389 per sqft for 1,709 sqft. It is the only registered sale of the unit.

How big is unit 401?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 401 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 401, Oceana - Baltic

Starts from the last sale price (AED 2.37M, 27 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,374,271
Deposit, UAE resident (20%)
AED 474,854
Deposit, non-resident (40%)
AED 949,708
Monthly over 25 years at 3.7%
AED 9,714

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