3-bed · 2,280 sqftOceana - Baltic, Palm Jumeirah · 1st floor · completed 2010

D02, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D02 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 4.63M21 August 2023
Current rentAED 130K /yr26 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D02, Oceana - Baltic

What is D02 worth today?

Last sold for AED 4,630,000 in 2023

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21 Aug 2023SoldReady
AED 4,630,000AED 2,030 per sqft
26 Jul 2021RentedRenewal
AED 130,000/yr12 months · AED 57 per sqft
26 Jul 2020RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft
1 Oct 2019RentedRenewal
AED 150,000/yr9 months · AED 66 per sqft
1 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 75 per sqft
1 Oct 2017RentedNew contract
AED 190,000/yr12 months · AED 83 per sqft
4 Jul 2015RentedNew contract
AED 237,038/yr12 months · AED 104 per sqft
4 Jul 2014RentedNew contract
AED 237,038/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
1st of 14
Parking
B2-2335,2336
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 4.63M · August 2023

About D02, Oceana - Baltic

D02 is a three-bedroom apartment of 2,280 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 21 August 2023 for AED 4,630,000, or AED 2,030 per sqft, 32% above the AED 1,535 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 26 July 2021, is AED 130,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 52,700 a year.

Sales and rents for D02 over time

Sales
Unit D02, 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, May 2012: AED 3,000,000 (AED 1,315 per sqft)Sold, May 2013: AED 3,950,000 (AED 1,732 per sqft)Sold, August 2023: AED 4,630,000 (AED 2,030 per sqft)

D02 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit D02, each contractTypical three-bed in Oceana - Baltic
100K200K300K2012201620202024Typical 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, July 2013: AED 225,750 a yearNew contract, July 2014: AED 237,038 a yearNew contract, July 2015: AED 237,038 a yearNew contract, October 2017: AED 190,000 a yearRenewal, October 2018: AED 170,000 a yearRenewal, October 2019: AED 150,000 a yearNew contract, July 2020: AED 130,000 a yearRenewal, July 2021: AED 130,000 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 D02 sits

All 26 3-beds →

D02 last sold in August 2023 at AED 2,030 per sqft, 32% above what three-beds in Oceana - Baltic were fetching at the time (AED 1,535). D02's AED 130,000 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 1st floor

All 92 units in Oceana - Baltic
Value
D012-bedAED 3.2M · Jul 2022
D031-bedAED 2.1M · Feb 2014
D041-bedAED 1.68M · Feb 2011
D053-bedAED 3.1M · Dec 2012
D062-bedAED 2.8M · Nov 2012

D02, Oceana - Baltic in numbers

  • Sold 3 times: first on 14 May 2012 for AED 3,000,000, last on 21 August 2023 for AED 4,630,000 (AED 2,030 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 225,750 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 2.8%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 21 August 2023.

Questions about D02, Oceana - Baltic

What did unit D02 last sell for?

AED 4,630,000 on 21 August 2023: AED 2,030 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,000,000 in May 2012.

What is the rent for unit D02?

AED 130,000 a year on the contract renewed on 26 July 2021. The previous contract, from July 2020, was AED 130,000; the unit has been rented since July 2013.

How big is unit D02?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D02 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 D02, Oceana - Baltic

Starts from the last sale price (AED 4.63M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,630,000
Deposit, UAE resident (20%)
AED 926,000
Deposit, non-resident (40%)
AED 1,852,000
Monthly over 25 years at 3.7%
AED 18,943

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