PR02, Oceana - Baltic
Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PR02, Oceana - Baltic
What is PR02 worth today?
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Source: Dubai Land Department. Updated 9 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 2,444 sqft
- Floor
- -1th of 14
- Parking
- B1-1B3-4,1B3-5
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,500 /yr
- Last sold
- AED 1.6M · August 2020
- Building
- Oceana - Baltic
About PR02, Oceana - Baltic
PR02 is a two-bedroom apartment of 2,444 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 9 August 2020 for AED 1,600,000, or AED 654 per sqft, 44% below the AED 1,170 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 January 2020, is AED 123,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 56,500 a year.
Sales and rents for PR02 over time
PR02 has sold twice; the dashed line is the two-bed median of each year in the building.
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 PR02 sits
All 30 2-beds →PR02 last sold in August 2020 at AED 654 per sqft, 44% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,170). 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. PR02's AED 123,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,709 sqft | 6,900,000 | 4,036 | ||
| 4 Feb 20264 February 2026 | 1,709 sqft | 6,000,000 | 3,510 | ||
| 25 Nov 202425 November 2024 | 1,709 sqft | 4,500,000 | 2,632 | ||
| 30 Oct 202430 October 2024 | 1,709 sqft | 5,380,000 | 3,147 |
Oceana - Baltic
Building92 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%
Other units on the -1th floor
All 92 units in Oceana - BalticPR02, Oceana - Baltic in numbers
- Sold twice: first on 23 October 2012 for AED 2,450,000, last on 9 August 2020 for AED 1,600,000 (AED 654 per sqft).
- Rented since January 2014 on 7 Ejari contracts, from AED 205,000 to AED 123,000 a year.
- At AED 123,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 56,500 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 9 August 2020.
Questions about PR02, Oceana - Baltic
What did unit PR02 last sell for?
AED 1,600,000 on 9 August 2020: AED 654 per sqft for 2,444 sqft. The unit has 2 registered sales; the first was AED 2,450,000 in October 2012.
What is the rent for unit PR02?
AED 123,000 a year on the contract signed on 15 January 2020. The previous contract, from December 2019, was AED 125,000; the unit has been rented since January 2014.
How big is unit PR02?
2,444 sqft (227.1 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.
What is unit PR02 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 PR02, Oceana - Baltic
Starts from the last sale price (AED 1.6M, 9 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →