503, Oceana - Baltic
Sold prices and rental history: sold 4 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Oceana - Baltic
What is 503 worth today?
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Source: Dubai Land Department. Updated 6 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 6th of 14
- Parking
- B1-1291
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.48M · July 2022
- Building
- Oceana - Baltic
About 503, Oceana - Baltic
503 is a one-bedroom apartment of 1,338 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 5 July 2022 for AED 2,475,000, or AED 1,849 per sqft, 29% above the AED 1,434 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 6 January 2023, is AED 125,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 30,900 a year.
Sales and rents for 503 over time
503 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Oceana - Baltic, and where 503 sits
All 34 1-beds →503 last sold in July 2022 at AED 1,849 per sqft, 29% above what one-beds in Oceana - Baltic were fetching at the time (AED 1,434). Over the last 12 months one-beds sold for AED 4,000,000 to 4,900,000, around AED 3,325 per sqft, and rent for AED 127,988 to 295,000 a year. 503's AED 125,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,338 sqft | 4,000,000 | 2,989 | ||
| 16 Dec 202516 December 2025 | 1,338 sqft | 4,900,000 | 3,661 | ||
| 16 May 202516 May 2025 | 1,338 sqft | 4,750,000 | 3,549 | ||
| 27 Mar 202527 March 2025 | 1,338 sqft | 4,500,000 | 3,362 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 3.3MAED 3,300,000 · Jan 2023January 2023 | 150,000 /yr | |
| 502 | 3-bed | 2,280 sqft | AED 3.4MAED 3,400,000 · May 2012May 2012 | 350,000 /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 |
503, Oceana - Baltic in numbers
- Sold 4 times: first on 15 December 2010 for AED 1,742,268, last on 5 July 2022 for AED 2,475,000 (AED 1,849 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 107,000 in 2020 and recovered to AED 125,000 by January 2023.
- At AED 125,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
- One-beds in Oceana - Baltic sold for AED 4,000,000–4,900,000 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 6 January 2023.
Questions about 503, Oceana - Baltic
What did unit 503 last sell for?
AED 2,475,000 on 5 July 2022: AED 1,849 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,742,268 in December 2010.
What is the rent for unit 503?
AED 125,000 a year on the contract renewed on 6 January 2023. The previous contract, from January 2022, was AED 125,000; the unit has been rented since October 2015.
How big is unit 503?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Baltic sold for AED 4,000,000 to 4,900,000 in the last 12 months, around AED 3,325 per sqft.
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Mortgage on 503, Oceana - Baltic
Starts from the last sale price (AED 2.48M, 5 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,475,000
- Deposit, UAE resident (20%)
- AED 495,000
- Deposit, non-resident (40%)
- AED 990,000
- Monthly over 25 years at 3.7%
- AED 10,126
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →