3-bed · 2,280 sqftOceana - Baltic, Palm Jumeirah · 7th floor · completed 2010

602, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 5.3M10 March 2014
Current rentAED 250K /yr16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Oceana - Baltic

What is 602 worth today?

Last sold for AED 5,300,000 in 2014

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16 Nov 2024RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
31 May 2024RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
15 Apr 2022RentedNew contract
AED 120,000/yr12 months · AED 53 per sqft
2 Nov 2021RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
10 Mar 2014SoldReady
AED 5,300,000AED 2,324 per sqft
14 Nov 2011SoldReady
AED 3,000,000AED 1,315 per sqft
13 Oct 2011Sold by developerReady
AED 2,750,000AED 1,206 per sqft

Source: Dubai Land Department. Updated 16 November 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
7th of 14
Parking
B2-2219.B2-2220.B2-2B3-11.B2-2B3-12
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5.3M · March 2014

About 602, Oceana - Baltic

602 is a three-bedroom apartment of 2,280 sqft on the 7th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 10 March 2014 for AED 5,300,000, or AED 2,324 per sqft, 15% above the AED 2,017 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 16 November 2024, is AED 250,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 52,700 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Oceana - Baltic
4M6M2011201520192023Typical sale price by year: 2011 AED 3,000,000; 2012 AED 3,000,000; 2013 AED 3,950,000; 2015 AED 4,416,000; 2022 AED 3,567,500; 2023 AED 4,630,000; 2024 AED 5,480,000; 2025 AED 6,650,000Sold by developer, October 2011: AED 2,750,000 (AED 1,206 per sqft)Sold, November 2011: AED 3,000,000 (AED 1,315 per sqft)Sold, March 2014: AED 5,300,000 (AED 2,324 per sqft)

602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 602, each contractTypical three-bed in Oceana - Baltic
200K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 230,375; 2014 AED 227,500; 2015 AED 250,000; 2016 AED 250,000; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 189,000; 2020 AED 170,000; 2021 AED 185,000; 2022 AED 200,000; 2023 AED 214,308; 2024 AED 310,000; 2025 AED 350,000; 2026 AED 350,000New contract, November 2021: AED 250,000 a yearNew contract, April 2022: AED 120,000 a yearNew contract, May 2024: AED 250,000 a yearNew contract, November 2024: AED 250,000 a year

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 602 sits

All 26 3-beds →

602 last sold in March 2014 at AED 2,324 per sqft, 15% above what three-beds in Oceana - Baltic were fetching at the time (AED 2,017). 602's AED 250,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Oct 20257,750,000
14 Apr 20257,100,000
17 Feb 20256,000,000
17 Feb 20256,200,000
0 3-bed sales in the last 12 months

Oceana - Baltic

Building

92 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%
Oceana - Baltic, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 92 units in Oceana - Baltic
Value
6012-bedAED 3.05M · Apr 2017
6031-bedAED 4.9M · Dec 2025
6041-bedAED 1.75M · Jan 2011
6053-bedAED 3.5M · Jun 2023
6062-bedAED 2.65M · Mar 2012

602, Oceana - Baltic in numbers

  • Sold 3 times: first on 13 October 2011 for AED 2,750,000, last on 10 March 2014 for AED 5,300,000 (AED 2,324 per sqft).
  • Rented since November 2021 on 4 Ejari contracts. The rent fell from AED 250,000 to AED 120,000 in 2022 and recovered to AED 250,000 by November 2024.
  • At AED 250,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 16 November 2024.

Questions about 602, Oceana - Baltic

What did unit 602 last sell for?

AED 5,300,000 on 10 March 2014: AED 2,324 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,750,000 in October 2011.

What is the rent for unit 602?

AED 250,000 a year on the contract signed on 16 November 2024. The previous contract, from May 2024, was AED 250,000; the unit has been rented since November 2021.

How big is unit 602?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 602 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 602, Oceana - Baltic

Starts from the last sale price (AED 5.3M, 10 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →