2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 8th floor · completed 2010

701, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.1M23 March 2023
Current rentAED 240K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Oceana - Baltic

What is 701 worth today?

Last sold for AED 3,100,000 in 2023

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1 May 2025RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
10 Mar 2024RentedRenewal
AED 240,000/yr12 months · AED 141 per sqft
23 Mar 2023SoldReady
AED 3,100,000AED 1,813 per sqft
10 Mar 2023RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
5 Mar 2018RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
12 Oct 2016RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
20 Oct 2014RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft
15 Apr 2014SoldReady
AED 4,300,000AED 2,515 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
8th of 14
Parking
B1-1324
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.1M · March 2023

About 701, Oceana - Baltic

701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 23 March 2023 for AED 3,100,000, or AED 1,813 per sqft, 6% below the AED 1,930 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 May 2025, is AED 240,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Oceana - Baltic
2M4M2010201420182022Typical sale price by year: 2010 AED 2,524,104; 2011 AED 2,400,000; 2012 AED 2,450,000; 2013 AED 3,075,000; 2014 AED 4,100,000; 2020 AED 2,000,000; 2021 AED 2,100,000; 2022 AED 3,350,000; 2023 AED 3,932,500; 2024 AED 4,500,000Sold by developer, December 2010: AED 2,524,104 (AED 1,476 per sqft)Sold, April 2014: AED 4,300,000 (AED 2,515 per sqft)Sold, March 2023: AED 3,100,000 (AED 1,813 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Oceana - Baltic
100K200K2012201620202024Typical rent by year: 2012 AED 151,925; 2013 AED 200,000; 2014 AED 205,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,500; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 130,625; 2022 AED 150,000; 2023 AED 240,000; 2024 AED 248,500; 2025 AED 248,500; 2026 AED 245,000New contract, October 2014: AED 225,000 a yearNew contract, October 2016: AED 180,000 a yearNew contract, March 2018: AED 160,000 a yearNew contract, March 2023: AED 240,000 a yearRenewal, March 2024: AED 240,000 a yearNew contract, May 2025: AED 240,000 a year

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 701 sits

All 30 2-beds →

701 last sold in March 2023 at AED 1,813 per sqft, 6% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,930). 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. 701's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20266,900,000
4 Feb 20266,000,000
25 Nov 20244,500,000
30 Oct 20245,380,000
2 2-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 8th floor

All 92 units in Oceana - Baltic
Value
7023-bedAED 3.9M · Jul 2021
7031-bedAED 2.85M · Dec 2022
7041-bedAED 3.7M · Feb 2025
7053-bedAED 7.1M · Apr 2025
7062-bedAED 3.95M · Nov 2023

701, Oceana - Baltic in numbers

  • Sold 3 times: first on 14 December 2010 for AED 2,524,104, last on 23 March 2023 for AED 3,100,000 (AED 1,813 per sqft).
  • Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 225,000 to AED 160,000 in 2018 and recovered to AED 240,000 by May 2025.
  • At AED 240,000 a year the gross yield on the 2023 price is 7.7%, 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 1 May 2025.

Questions about 701, Oceana - Baltic

What did unit 701 last sell for?

AED 3,100,000 on 23 March 2023: AED 1,813 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,524,104 in December 2010.

What is the rent for unit 701?

AED 240,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2024, was AED 240,000; the unit has been rented since October 2014.

How big is unit 701?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 701 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 701, Oceana - Baltic

Starts from the last sale price (AED 3.1M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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