1-bed · 1,883 sqftOceana - Baltic, Palm Jumeirah · Ground floor · completed 2010

G04, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 2.03M24 June 2018
Current rentAED 165K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Oceana - Baltic

What is G04 worth today?

Last sold for AED 2,030,000 in 2018

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12 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft
12 Jul 2023RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
1 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
26 Jan 2021RentedNew contract
AED 105,286/yr13 months · AED 56 per sqft
27 Dec 2019RentedNew contract
AED 130,000/yr13 months · AED 69 per sqft
27 Nov 2018RentedNew contract
AED 135,000/yr13 months · AED 72 per sqft
24 Jun 2018SoldReady
AED 2,030,000AED 1,078 per sqft
17 Oct 2017RentedNew contract
AED 158,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
1-bed apartment
Size
1,883 sqft
Floor
Ground of 14
Parking
B2-2343
Developer
Seven Tides
Completed
2010
Service charge
AED 43,500 /yr
Last sold
AED 2.03M · June 2018

About G04, Oceana - Baltic

G04 is a one-bedroom apartment of 1,883 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 24 June 2018 for AED 2,030,000, or AED 1,078 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 July 2024, is AED 165,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 43,500 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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, January 2013: AED 1,770,020 (AED 940 per sqft)Sold, June 2013: AED 2,150,000 (AED 1,142 per sqft)Sold, June 2018: AED 2,030,000 (AED 1,078 per sqft)

G04 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G04, 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, August 2013: AED 135,000 a yearNew contract, August 2014: AED 135,000 a yearNew contract, August 2016: AED 150,000 a yearNew contract, October 2017: AED 158,000 a yearNew contract, November 2018: AED 135,000 a yearNew contract, December 2019: AED 130,000 a yearNew contract, January 2021: AED 105,286 a yearRenewal, March 2022: AED 120,000 a yearNew contract, July 2023: AED 165,000 a yearRenewal, July 2024: AED 165,000 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 G04 sits

All 34 1-beds →

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. G04's AED 165,000 is in the lower half 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
G021-bedAED 1.3M · Jan 2021
G031-bedAED 2.2M · Sep 2023
G051-bedAED 2.78M · Oct 2023
G061-bedAED 2.55M · Jul 2024
G071-bedAED 2.2M · Nov 2012
G082-bedAED 4.18M · Mar 2024

G04, Oceana - Baltic in numbers

  • Sold 3 times: first on 13 January 2013 for AED 1,770,020, last on 24 June 2018 for AED 2,030,000 (AED 1,078 per sqft).
  • Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 105,286 in 2021 and recovered to AED 165,000 by July 2024.
  • At AED 165,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 43,500 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 12 July 2024.

Questions about G04, Oceana - Baltic

What did unit G04 last sell for?

AED 2,030,000 on 24 June 2018: AED 1,078 per sqft for 1,883 sqft. The unit has 3 registered sales; the first was AED 1,770,020 in January 2013.

What is the rent for unit G04?

AED 165,000 a year on the contract renewed on 12 July 2024. The previous contract, from July 2023, was AED 165,000; the unit has been rented since August 2013.

How big is unit G04?

1,883 sqft (174.9 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G04 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 G04, Oceana - Baltic

Starts from the last sale price (AED 2.03M, 24 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,030,000
Deposit, UAE resident (20%)
AED 406,000
Deposit, non-resident (40%)
AED 812,000
Monthly over 25 years at 3.7%
AED 8,305

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