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

G08, Oceana - Baltic

Sold prices and rental history: sold 6 times, last in March 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 4.18M21 March 2024
Current rentAED 147K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Oceana - Baltic

What is G08 worth today?

Last sold for AED 4,175,000 in 2024

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21 Mar 2024SoldReady
AED 4,175,000AED 2,135 per sqft
15 Dec 2020RentedNew contract
AED 147,000/yr12 months · AED 75 per sqft
12 Dec 2015RentedNew contract
AED 200,000/yr12 months · AED 102 per sqft
31 May 2015SoldReady
AED 1,533,000AED 1,568 per sqft
9 Jan 2014SoldReady
AED 3,066,000AED 1,568 per sqft
29 Aug 2012SoldReady
AED 2,400,000AED 1,227 per sqft
12 Jun 2012SoldReady
AED 2,400,000AED 1,227 per sqft
26 Apr 2011Sold by developerReady
AED 2,400,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B2-2230
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 4.18M · March 2024

About G08, Oceana - Baltic

G08 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 21 March 2024 for AED 4,175,000, or AED 2,135 per sqft, 10% below the AED 2,384 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 December 2020, is AED 147,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 45,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, 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, June 2012: AED 2,400,000 (AED 1,227 per sqft)Sold, August 2012: AED 2,400,000 (AED 1,227 per sqft)Sold, January 2014: AED 3,066,000 (AED 1,568 per sqft)Sold, May 2015: AED 1,533,000 (AED 1,568 per sqft)Sold, March 2024: AED 4,175,000 (AED 2,135 per sqft)

G08 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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, December 2015: AED 200,000 a yearNew contract, December 2020: AED 147,000 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 G08 sits

All 30 2-beds →

G08 last sold in March 2024 at AED 2,135 per sqft, 10% below what two-beds in Oceana - Baltic were fetching at the time (AED 2,384). 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. G08's AED 147,000 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
G012-bedAED 2.1M · Mar 2021
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

G08, Oceana - Baltic in numbers

  • Sold 6 times: first on 26 April 2011 for AED 2,400,000, last on 21 March 2024 for AED 4,175,000 (AED 2,135 per sqft).
  • Rented since December 2015 on 2 Ejari contracts, from AED 200,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2024 price is 3.5%, 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 21 March 2024.

Questions about G08, Oceana - Baltic

What did unit G08 last sell for?

AED 4,175,000 on 21 March 2024: AED 2,135 per sqft for 1,955 sqft. The unit has 6 registered sales; the first was AED 2,400,000 in April 2011.

What is the rent for unit G08?

AED 147,000 a year on the contract signed on 15 December 2020. The previous contract, from December 2015, was AED 200,000.

How big is unit G08?

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 G08 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 G08, Oceana - Baltic

Starts from the last sale price (AED 4.18M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,175,000
Deposit, UAE resident (20%)
AED 835,000
Deposit, non-resident (40%)
AED 1,670,000
Monthly over 25 years at 3.7%
AED 17,081

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