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

D01, Oceana - Baltic

Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D01 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 3.2M28 July 2022
Current rentAED 310K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D01, Oceana - Baltic

What is D01 worth today?

Last sold for AED 3,200,000 in 2022

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16 Dec 2024RentedRenewal
AED 310,000/yr10 months · AED 181 per sqft
16 Dec 2023RentedRenewal
AED 310,000/yr12 months · AED 181 per sqft
16 Dec 2022RentedNew contract
AED 310,000/yr12 months · AED 181 per sqft
28 Jul 2022SoldReady
AED 3,200,000AED 1,872 per sqft
19 Jan 2022RentedRenewal
AED 126,371/yr7 months · AED 74 per sqft
19 Jan 2021RentedRenewal
AED 120,000/yr12 months · AED 70 per sqft
19 Jan 2020RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
22 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
1st of 14
Parking
B2-2224
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.2M · July 2022

About D01, Oceana - Baltic

D01 is a two-bedroom apartment of 1,709 sqft on the 1st floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 July 2022 for AED 3,200,000, or AED 1,872 per sqft, 4% below the AED 1,960 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 310,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for D01 over time

Sales
Unit D01, 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, May 2011: AED 2,400,000 (AED 1,404 per sqft)Sold, June 2012: AED 2,400,000 (AED 1,404 per sqft)Sold, August 2012: AED 2,450,000 (AED 1,433 per sqft)Sold, December 2012: AED 2,940,000 (AED 1,720 per sqft)Sold, July 2022: AED 3,200,000 (AED 1,872 per sqft)

D01 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit D01, 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, October 2018: AED 145,000 a yearNew contract, January 2020: AED 120,000 a yearRenewal, January 2021: AED 120,000 a yearRenewal, January 2022: AED 126,371 a yearNew contract, December 2022: AED 310,000 a yearRenewal, December 2023: AED 310,000 a yearRenewal, December 2024: AED 310,000 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 D01 sits

All 30 2-beds →

D01 last sold in July 2022 at AED 1,872 per sqft, 4% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,960). 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. D01's AED 310,000 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 1st floor

All 92 units in Oceana - Baltic
Value
D023-bedAED 4.63M · Aug 2023
D031-bedAED 2.1M · Feb 2014
D041-bedAED 1.68M · Feb 2011
D053-bedAED 3.1M · Dec 2012
D062-bedAED 2.8M · Nov 2012

D01, Oceana - Baltic in numbers

  • Sold 5 times: first on 19 May 2011 for AED 2,400,000, last on 28 July 2022 for AED 3,200,000 (AED 1,872 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 12,500 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2022 price is 9.7%, 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 16 December 2024.

Questions about D01, Oceana - Baltic

What did unit D01 last sell for?

AED 3,200,000 on 28 July 2022: AED 1,872 per sqft for 1,709 sqft. The unit has 5 registered sales; the first was AED 2,400,000 in May 2011.

What is the rent for unit D01?

AED 310,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2023, was AED 310,000; the unit has been rented since September 2014.

How big is unit D01?

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

What is unit D01 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 D01, Oceana - Baltic

Starts from the last sale price (AED 3.2M, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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