506, Oceana - Baltic
Sold prices and rental history: sold once, by the developer in April 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 506, Oceana - Baltic
What is 506 worth today?
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Source: Dubai Land Department. Updated 13 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 6th of 14
- Parking
- B1-1217
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.1M · April 2011
- Building
- Oceana - Baltic
About 506, Oceana - Baltic
506 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. The developer sold it on 26 April 2011 for AED 2,100,000, or AED 1,228 per sqft, 13% below the AED 1,413 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 252,000 a year: a gross yield of 12.0% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 30 2-beds →506 last sold in April 2011 at AED 1,228 per sqft, 13% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,413). 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. 506's AED 252,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 505 | 3-bed | 2,280 sqft | AED 2.8MAED 2,800,000 · Aug 2011August 2011 | 320,000 /yr |
506, Oceana - Baltic in numbers
- Sold once: by Seven Tides on 26 April 2011 for AED 2,100,000, or AED 1,228 per sqft.
- Rented since March 2014 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 125,000 in 2020 and recovered to AED 252,000 by December 2025.
- At AED 252,000 a year the gross yield on the 2011 price is 12.0%, 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 13 December 2025.
Questions about 506, Oceana - Baltic
What did unit 506 last sell for?
AED 2,100,000 on 26 April 2011, sold by the developer: AED 1,228 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 252,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2024, was AED 240,000; the unit has been rented since March 2014.
How big is unit 506?
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 506 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 506, Oceana - Baltic
Starts from the last sale price (AED 2.1M, 26 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →