505, Oceana - Baltic
Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Oceana - Baltic
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 6th of 14
- Parking
- B2-2200,2201
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 2.8M · August 2011
- Building
- Oceana - Baltic
About 505, Oceana - Baltic
505 is a three-bedroom apartment of 2,280 sqft on the 6th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 17 August 2011 for AED 2,800,000, or AED 1,228 per sqft, 8% below the AED 1,333 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 320,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 52,700 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceana - Baltic, and where 505 sits
All 26 3-beds →505 last sold in August 2011 at AED 1,228 per sqft, 8% below what three-beds in Oceana - Baltic were fetching at the time (AED 1,333). 505's AED 320,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202517 October 2025 | 2,280 sqft | 7,750,000 | 3,399 | ||
| 14 Apr 202514 April 2025 | 2,280 sqft | 7,100,000 | 3,114 | ||
| 17 Feb 202517 February 2025 | 2,280 sqft | 6,000,000 | 2,631 | ||
| 17 Feb 202517 February 2025 | 2,280 sqft | 6,200,000 | 2,719 |
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 | |
| 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 | |
| 506 | 2-bed | 1,709 sqft | AED 2.1MAED 2,100,000 · Apr 2011April 2011 | 252,000 /yr |
505, Oceana - Baltic in numbers
- Sold once: by Seven Tides on 17 August 2011 for AED 2,800,000, or AED 1,228 per sqft.
- Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 260,000 to AED 160,000 in 2020 and recovered to AED 320,000 by January 2025.
- At AED 320,000 a year the gross yield on the 2011 price is 11.4%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 15 January 2025.
Questions about 505, Oceana - Baltic
What did unit 505 last sell for?
AED 2,800,000 on 17 August 2011, sold by the developer: AED 1,228 per sqft for 2,280 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 320,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 320,000; the unit has been rented since July 2014.
How big is unit 505?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 505, Oceana - Baltic
Starts from the last sale price (AED 2.8M, 17 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →