501, Oceana - Baltic
Sold prices and rental history: sold 3 times, last in January 2023, 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 501, Oceana - Baltic
What is 501 worth today?
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Source: Dubai Land Department. Updated 30 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 6th of 14
- Parking
- B1-1327
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.3M · January 2023
- Building
- Oceana - Baltic
About 501, Oceana - Baltic
501 is a two-bedroom apartment of 1,709 sqft on the 6th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 30 January 2023 for AED 3,300,000, or AED 1,930 per sqft, in line with the AED 1,989 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 1 July 2022, is AED 150,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 501 over time
501 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 501 sits
All 30 2-beds →501 last sold in January 2023 at AED 1,930 per sqft, in line with what two-beds in Oceana - Baltic were fetching at the time (AED 1,989). 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. 501's AED 150,000 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 6th floor
All 92 units in Oceana - Baltic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,280 sqft | AED 3.4MAED 3,400,000 · May 2012May 2012 | 350,000 /yr | |
| 503 | 1-bed | 1,338 sqft | AED 2.48MAED 2,475,000 · Jul 2022July 2022 | 125,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 1.7MAED 1,700,000 · Feb 2011February 2011 | 130,515 /yr | |
| 505 | 3-bed | 2,280 sqft | AED 2.8MAED 2,800,000 · Aug 2011August 2011 | 320,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 2.1MAED 2,100,000 · Apr 2011April 2011 | 252,000 /yr |
501, Oceana - Baltic in numbers
- Sold 3 times: first on 14 December 2010 for AED 2,454,950, last on 30 January 2023 for AED 3,300,000 (AED 1,930 per sqft).
- Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 143,850 to AED 115,000 in 2020 and recovered to AED 150,000 by July 2022.
- At AED 150,000 a year the gross yield on the 2023 price is 4.5%, 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 30 January 2023.
Questions about 501, Oceana - Baltic
What did unit 501 last sell for?
AED 3,300,000 on 30 January 2023: AED 1,930 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,454,950 in December 2010.
What is the rent for unit 501?
AED 150,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 140,000; the unit has been rented since September 2012.
How big is unit 501?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 501 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 501, Oceana - Baltic
Starts from the last sale price (AED 3.3M, 30 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →