2-bed · 1,709 sqftOceana - Baltic, Palm Jumeirah · 9th floor · completed 2010

806, Oceana - Baltic

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 5M30 September 2024
Current rentAED 280K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Oceana - Baltic

What is 806 worth today?

Last sold for AED 5,000,000 in 2024

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30 Sep 2024SoldReady
AED 5,000,000AED 2,925 per sqft
1 May 2024RentedNew contract
AED 280,000/yr12 months · AED 164 per sqft
10 May 2023SoldReady
AED 4,200,000AED 2,457 per sqft
21 Mar 2023RentedRenewal
AED 200,000/yr12 months · AED 118 per sqft
21 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
6 Jun 2021RentedNew contract
AED 160,000/yr12 months · AED 94 per sqft
31 Mar 2021SoldReady
AED 2,450,000AED 1,433 per sqft
10 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
9th of 14
Parking
B1-1284
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5M · September 2024

About 806, Oceana - Baltic

806 is a two-bedroom apartment of 1,709 sqft on the 9th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 30 September 2024 for AED 5,000,000, or AED 2,925 per sqft, 18% above the AED 2,472 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 May 2024, is AED 280,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, March 2011: AED 2,558,680 (AED 1,496 per sqft)Sold, March 2020: AED 2,000,000 (AED 1,170 per sqft)Sold, March 2021: AED 2,450,000 (AED 1,433 per sqft)Sold, May 2023: AED 4,200,000 (AED 2,457 per sqft)Sold, September 2024: AED 5,000,000 (AED 2,925 per sqft)

806 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in Oceana - Baltic
100K200K300K2012201620202024Typical 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, April 2015: AED 195,000 a yearNew contract, December 2020: AED 120,000 a yearNew contract, June 2021: AED 160,000 a yearNew contract, March 2022: AED 190,000 a yearRenewal, March 2023: AED 200,000 a yearNew contract, May 2024: AED 280,000 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 806 sits

All 30 2-beds →

806 last sold in September 2024 at AED 2,925 per sqft, 18% above what two-beds in Oceana - Baltic were fetching at the time (AED 2,472). 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. 806's AED 280,000 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 9th floor

All 92 units in Oceana - Baltic
Value
8012-bedAED 2.53M · Oct 2010
8023-bedAED 5.48M · Jan 2024
8031-bedAED 3.05M · Dec 2022
8041-bedAED 4.5M · Mar 2025
8053-bedAED 2.48M · Mar 2023

806, Oceana - Baltic in numbers

  • Sold 5 times: first on 27 March 2011 for AED 2,558,680, last on 30 September 2024 for AED 5,000,000 (AED 2,925 per sqft).
  • Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 195,000 to AED 120,000 in 2020 and recovered to AED 280,000 by May 2024.
  • At AED 280,000 a year the gross yield on the 2024 price is 5.6%, 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 30 September 2024.

Questions about 806, Oceana - Baltic

What did unit 806 last sell for?

AED 5,000,000 on 30 September 2024: AED 2,925 per sqft for 1,709 sqft. The unit has 5 registered sales; the first was AED 2,558,680 in March 2011.

What is the rent for unit 806?

AED 280,000 a year on the contract signed on 1 May 2024. The previous contract, from March 2023, was AED 200,000; the unit has been rented since April 2015.

How big is unit 806?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2010.

What is unit 806 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 806, Oceana - Baltic

Starts from the last sale price (AED 5M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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