2-bed · 1,955 sqftOceana - Baltic, Palm Jumeirah · Ground floor · completed 2010

G01, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 16 March 2021
Last soldAED 2.1M16 March 2021
Current rentAED 130K /yr9 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Oceana - Baltic

What is G01 worth today?

Last sold for AED 2,100,000 in 2021

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16 Mar 2021SoldReady
AED 2,100,000AED 1,074 per sqft
9 Sep 2020RentedRenewal
AED 130,000/yr12 months · AED 66 per sqft
9 Sep 2019RentedRenewal
AED 130,000/yr12 months · AED 66 per sqft
9 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 66 per sqft
18 Jun 2017RentedRenewal
AED 260,000/yr12 months · AED 133 per sqft
18 Jun 2016RentedRenewal
AED 260,000/yr12 months · AED 133 per sqft
18 Jun 2015RentedNew contract
AED 265,000/yr12 months · AED 135 per sqft
18 Jun 2014RentedNew contract
AED 215,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 16 March 2021.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B2-2222
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 2.1M · March 2021

About G01, Oceana - Baltic

G01 is a two-bedroom apartment of 1,955 sqft on the ground floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 16 March 2021 for AED 2,100,000, or AED 1,074 per sqft, in line with the AED 1,074 two-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 9 September 2020, is AED 130,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 45,200 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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, April 2011: AED 2,400,000 (AED 1,227 per sqft)Sold, October 2012: AED 2,720,000 (AED 1,391 per sqft)Sold, March 2021: AED 2,100,000 (AED 1,074 per sqft)

G01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G01, 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, June 2013: AED 215,000 a yearNew contract, June 2014: AED 215,000 a yearNew contract, June 2015: AED 265,000 a yearRenewal, June 2016: AED 260,000 a yearRenewal, June 2017: AED 260,000 a yearNew contract, September 2018: AED 130,000 a yearRenewal, September 2019: AED 130,000 a yearRenewal, September 2020: AED 130,000 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 G01 sits

All 30 2-beds →

G01 last sold in March 2021 at AED 1,074 per sqft, in line with what two-beds in Oceana - Baltic were fetching at the time (AED 1,074). 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. G01's AED 130,000 is at the bottom 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 ground floor

All 92 units in Oceana - Baltic
Value
G021-bedAED 1.3M · Jan 2021
G031-bedAED 2.2M · Sep 2023
G041-bedAED 2.03M · Jun 2018
G051-bedAED 2.78M · Oct 2023
G061-bedAED 2.55M · Jul 2024
G071-bedAED 2.2M · Nov 2012
G082-bedAED 4.18M · Mar 2024

G01, Oceana - Baltic in numbers

  • Sold 3 times: first on 26 April 2011 for AED 2,400,000, last on 16 March 2021 for AED 2,100,000 (AED 1,074 per sqft).
  • Rented since June 2013 on 8 Ejari contracts, from AED 215,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 45,200 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 March 2021.

Questions about G01, Oceana - Baltic

What did unit G01 last sell for?

AED 2,100,000 on 16 March 2021: AED 1,074 per sqft for 1,955 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in April 2011.

What is the rent for unit G01?

AED 130,000 a year on the contract renewed on 9 September 2020. The previous contract, from September 2019, was AED 130,000; the unit has been rented since June 2013.

How big is unit G01?

1,955 sqft (181.6 sqm): a two-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G01 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 G01, Oceana - Baltic

Starts from the last sale price (AED 2.1M, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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