406, Oceana - Baltic
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Oceana - Baltic
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 5th of 14
- Parking
- B1-1279
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.5M · February 2024
- Building
- Oceana - Baltic
About 406, Oceana - Baltic
406 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. It last sold on 22 February 2024 for AED 4,500,000, or AED 2,632 per sqft, 7% above the AED 2,457 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 December 2020, is AED 123,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 39,500 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 30 2-beds →406 last sold in February 2024 at AED 2,632 per sqft, 7% above what two-beds in Oceana - Baltic were fetching at the time (AED 2,457). 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. 406's AED 123,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,709 sqft | 6,900,000 | 4,036 | ||
| 4 Feb 20264 February 2026 | 1,709 sqft | 6,000,000 | 3,510 | ||
| 25 Nov 202425 November 2024 | 1,709 sqft | 4,500,000 | 2,632 | ||
| 30 Oct 202430 October 2024 | 1,709 sqft | 5,380,000 | 3,147 |
Oceana - Baltic
Building92 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%
Other units on the 5th floor
All 92 units in Oceana - Baltic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 2.37MAED 2,374,271 · Mar 2011March 2011 | ||
| 402 | 3-bed | 2,280 sqft | AED 5.3MAED 5,300,000 · Oct 2023October 2023 | 210,000 /yr | |
| 403 | 1-bed | 1,338 sqft | AED 2.85MAED 2,850,000 · Dec 2014December 2014 | 155,000 /yr | |
| 404 | 1-bed | 1,338 sqft | AED 1.69MAED 1,685,010 · Dec 2010December 2010 | 174,000 /yr | |
| 405 | 3-bed | 2,280 sqft | AED 5.3MAED 5,300,000 · Jun 2024June 2024 | 290,000 /yr |
406, Oceana - Baltic in numbers
- Sold 3 times: first on 10 January 2011 for AED 1,187,136, last on 22 February 2024 for AED 4,500,000 (AED 2,632 per sqft).
- Rented since September 2012 on 9 Ejari contracts, from AED 143,325 to AED 123,000 a year.
- At AED 123,000 a year the gross yield on the 2024 price is 2.7%, 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 22 February 2024.
Questions about 406, Oceana - Baltic
What did unit 406 last sell for?
AED 4,500,000 on 22 February 2024: AED 2,632 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 1,187,136 in January 2011.
What is the rent for unit 406?
AED 123,000 a year on the contract renewed on 10 December 2020. The previous contract, from December 2019, was AED 127,500; the unit has been rented since September 2012.
How big is unit 406?
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 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Oceana - Baltic
Starts from the last sale price (AED 4.5M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →