1-bed · 1,375 sqftOceana - Baltic, Palm Jumeirah · Ground floor · completed 2010

G02, Oceana - Baltic

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

Unit G02 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 1.3M11 January 2021
Current rentAED 96K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Oceana - Baltic

What is G02 worth today?

Last sold for AED 1,300,000 in 2021

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10 Mar 2023RentedRenewal
AED 95,989/yr6 months · AED 70 per sqft
10 Mar 2022RentedRenewal
AED 91,300/yr12 months · AED 66 per sqft
10 Mar 2021RentedNew contract
AED 83,000/yr12 months · AED 60 per sqft
11 Jan 2021SoldReady
AED 1,300,000AED 945 per sqft
10 Mar 2020RentedNew contract
AED 83,000/yr12 months · AED 60 per sqft
13 Dec 2015RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
13 Dec 2014RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
13 Dec 2013RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 10 March 2023.

Key facts

Type
1-bed apartment
Size
1,375 sqft
Floor
Ground of 14
Parking
B2-2275
Developer
Seven Tides
Completed
2010
Service charge
AED 31,800 /yr
Last sold
AED 1.3M · January 2021

About G02, Oceana - Baltic

G02 is a one-bedroom apartment of 1,375 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 11 January 2021 for AED 1,300,000, or AED 945 per sqft, 17% below the AED 1,133 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 March 2023, is AED 95,989 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 31,800 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, June 2012: AED 1,320,000 (AED 960 per sqft)Sold, July 2012: AED 1,026,378 (AED 746 per sqft)Sold, January 2021: AED 1,300,000 (AED 945 per sqft)

G02 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, each contractTypical one-bed in Oceana - Baltic
100K150K2012201620202024Typical 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, December 2013: AED 140,000 a yearRenewal, December 2014: AED 140,000 a yearRenewal, December 2015: AED 140,000 a yearNew contract, March 2020: AED 83,000 a yearNew contract, March 2021: AED 83,000 a yearRenewal, March 2022: AED 91,300 a yearRenewal, March 2023: AED 95,989 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 G02 sits

All 34 1-beds →

G02 last sold in January 2021 at AED 945 per sqft, 17% below what one-beds in Oceana - Baltic were fetching at the time (AED 1,133). 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. G02's AED 95,989 is at the bottom 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 ground floor

All 92 units in Oceana - Baltic
Value
G012-bedAED 2.1M · Mar 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

G02, Oceana - Baltic in numbers

  • Sold 3 times: first on 20 June 2012 for AED 1,320,000, last on 11 January 2021 for AED 1,300,000 (AED 945 per sqft).
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 83,000 in 2021 and recovered to AED 95,989 by March 2023.
  • At AED 95,989 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 31,800 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 10 March 2023.

Questions about G02, Oceana - Baltic

What did unit G02 last sell for?

AED 1,300,000 on 11 January 2021: AED 945 per sqft for 1,375 sqft. The unit has 3 registered sales; the first was AED 1,320,000 in June 2012.

What is the rent for unit G02?

AED 95,989 a year on the contract renewed on 10 March 2023. The previous contract, from March 2022, was AED 91,300; the unit has been rented since December 2013.

How big is unit G02?

1,375 sqft (127.7 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G02 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 G02, Oceana - Baltic

Starts from the last sale price (AED 1.3M, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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