1-bed · 1,338 sqftOceana - Baltic, Palm Jumeirah · 8th floor · completed 2010

704, Oceana - Baltic

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 3.7M24 February 2025
Current rentAED 195K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Oceana - Baltic

What is 704 worth today?

Last sold for AED 3,700,000 in 2025

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24 Feb 2025SoldReady
AED 3,700,000AED 2,764 per sqft
21 Mar 2024RentedNew contract
AED 195,000/yr12 months · AED 146 per sqft
29 Jan 2023RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
29 Jan 2022RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
29 Jan 2021RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
29 Jan 2020RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
16 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
24 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
8th of 14
Parking
B1-1322
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.7M · February 2025

About 704, Oceana - Baltic

704 is a one-bedroom apartment of 1,338 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 24 February 2025 for AED 3,700,000, or AED 2,764 per sqft, 37% above the AED 2,017 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 21 March 2024, is AED 195,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 30,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Oceana - Baltic
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,685,010; 2011 AED 1,746,134; 2012 AED 1,772,570; 2013 AED 2,150,000; 2014 AED 2,975,000; 2022 AED 2,362,500; 2023 AED 2,950,000; 2025 AED 4,625,000Sold by developer, August 2011: AED 1,905,700 (AED 1,424 per sqft)Sold, February 2025: AED 3,700,000 (AED 2,764 per sqft)

704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Oceana - Baltic
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,300; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 139,500; 2019 AED 120,695; 2020 AED 105,000; 2021 AED 105,143; 2022 AED 115,000; 2023 AED 135,000; 2024 AED 165,000; 2025 AED 167,500; 2026 AED 165,000New contract, August 2014: AED 165,000 a yearNew contract, August 2016: AED 156,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, September 2018: AED 125,000 a yearNew contract, January 2020: AED 125,000 a yearRenewal, January 2021: AED 125,000 a yearRenewal, January 2022: AED 125,000 a yearRenewal, January 2023: AED 125,000 a yearNew contract, March 2024: AED 195,000 a year

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 704 sits

All 34 1-beds →

704 last sold in February 2025 at AED 2,764 per sqft, 37% above what one-beds in Oceana - Baltic were fetching at the time (AED 2,017). 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. 704's AED 195,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20264,000,000
16 Dec 20254,900,000
16 May 20254,750,000
27 Mar 20254,500,000
2 1-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
7012-bedAED 3.1M · Mar 2023
7023-bedAED 3.9M · Jul 2021
7031-bedAED 2.85M · Dec 2022
7053-bedAED 7.1M · Apr 2025
7062-bedAED 3.95M · Nov 2023

704, Oceana - Baltic in numbers

  • Sold twice: first on 24 August 2011 for AED 1,905,700, last on 24 February 2025 for AED 3,700,000 (AED 2,764 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 125,000 in 2023 and recovered to AED 195,000 by March 2024.
  • At AED 195,000 a year the gross yield on the 2025 price is 5.3%, 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 24 February 2025.

Questions about 704, Oceana - Baltic

What did unit 704 last sell for?

AED 3,700,000 on 24 February 2025: AED 2,764 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,905,700 in August 2011.

What is the rent for unit 704?

AED 195,000 a year on the contract signed on 21 March 2024. The previous contract, from January 2023, was AED 125,000; the unit has been rented since August 2014.

How big is unit 704?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 704 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 704, Oceana - Baltic

Starts from the last sale price (AED 3.7M, 24 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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