1-bed · 1,891 sqftOceana - Baltic, Palm Jumeirah · -1th floor · completed 2010

PR01, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR01 · DLD and Ejari recordsUpdated 1 July 2019
Last soldAED 2.4M13 January 2016
Current rentAED 50K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PR01, Oceana - Baltic

What is PR01 worth today?

Last sold for AED 2,400,000 in 2016

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1 Jul 2019RentedNew contract
AED 49,866/yr12 months · AED 26 per sqft
13 Jan 2016SoldReady
AED 2,400,000AED 1,269 per sqft
1 Jul 2013RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
20 Jun 2012SoldReady
AED 1,412,500AED 747 per sqft
12 Jun 2012Sold by developerReady
AED 1,815,360AED 960 per sqft

Source: Dubai Land Department. Updated 1 July 2019.

Key facts

Type
1-bed apartment
Size
1,891 sqft
Floor
-1th of 14
Parking
B1-1B3-1,1B3-2
Developer
Seven Tides
Completed
2010
Service charge
AED 43,700 /yr
Last sold
AED 2.4M · January 2016

About PR01, Oceana - Baltic

PR01 is a one-bedroom apartment of 1,891 sqft on the -1th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 13 January 2016 for AED 2,400,000, or AED 1,269 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 July 2019, is AED 49,866 a year: a gross yield of 2.1% on the 2016 price, before the service charge of about AED 43,700 a year.

Sales and rents for PR01 over time

Sales
Unit PR01, 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, June 2012: AED 1,412,500 (AED 747 per sqft)Sold by developer, June 2012: AED 1,815,360 (AED 960 per sqft)Sold, January 2016: AED 2,400,000 (AED 1,269 per sqft)

PR01 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit PR01, each contractTypical one-bed in Oceana - Baltic
100K2012201620202024Typical 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, July 2013: AED 130,000 a yearNew contract, July 2019: AED 49,866 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 PR01 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. PR01's AED 49,866 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 -1th floor

All 92 units in Oceana - Baltic
Value
PR022-bedAED 1.6M · Aug 2020
PR032-bedAED 1.2M · Dec 2018
PR041-bedAED 2.25M · Aug 2022

PR01, Oceana - Baltic in numbers

  • Sold 3 times: first on 12 June 2012 for AED 1,815,360, last on 13 January 2016 for AED 2,400,000 (AED 1,269 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 130,000 to AED 49,866 a year.
  • At AED 49,866 a year the gross yield on the 2016 price is 2.1%, before a service charge of about AED 43,700 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 1 July 2019.

Questions about PR01, Oceana - Baltic

What did unit PR01 last sell for?

AED 2,400,000 on 13 January 2016: AED 1,269 per sqft for 1,891 sqft. The unit has 3 registered sales; the first was AED 1,815,360 in June 2012.

What is the rent for unit PR01?

AED 49,866 a year on the contract signed on 1 July 2019. The previous contract, from July 2013, was AED 130,000.

How big is unit PR01?

1,891 sqft (175.7 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.

What is unit PR01 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 PR01, Oceana - Baltic

Starts from the last sale price (AED 2.4M, 13 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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