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

PR04, Oceana - Baltic

Sold prices and rental history: sold 4 times, last in August 2022, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR04 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 2.25M15 August 2022
Current rentAED 140K /yr22 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PR04, Oceana - Baltic

What is PR04 worth today?

Last sold for AED 2,250,000 in 2022

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15 Aug 2022SoldReady
AED 2,250,000AED 1,189 per sqft
13 Dec 2021SoldReady
AED 1,645,928AED 870 per sqft
22 Jan 2014RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
8 Jan 2013SoldReady
AED 2,850,000AED 1,507 per sqft
20 Dec 2012Sold by developerReady
AED 1,805,740AED 955 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
1,891 sqft
Floor
-1th of 14
Parking
B1-1B3-9,1B3-10
Developer
Seven Tides
Completed
2010
Service charge
AED 43,700 /yr
Last sold
AED 2.25M · August 2022

About PR04, Oceana - Baltic

PR04 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 15 August 2022 for AED 2,250,000, or AED 1,189 per sqft, 17% below the AED 1,434 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 January 2014. The current contract, signed on 22 January 2014, is AED 140,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 43,700 a year.

Sales and rents for PR04 over time

Sales
Unit PR04, 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, December 2012: AED 1,805,740 (AED 955 per sqft)Sold, January 2013: AED 2,850,000 (AED 1,507 per sqft)Sold, December 2021: AED 1,645,928 (AED 870 per sqft)Sold, August 2022: AED 2,250,000 (AED 1,189 per sqft)

PR04 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit PR04, 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, January 2014: AED 140,000 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 PR04 sits

All 34 1-beds →

PR04 last sold in August 2022 at AED 1,189 per sqft, 17% below what one-beds in Oceana - Baltic were fetching at the time (AED 1,434). 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. PR04's AED 140,000 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 -1th floor

All 92 units in Oceana - Baltic
Value
PR011-bedAED 2.4M · Jan 2016
PR022-bedAED 1.6M · Aug 2020
PR032-bedAED 1.2M · Dec 2018

PR04, Oceana - Baltic in numbers

  • Sold 4 times: first on 20 December 2012 for AED 1,805,740, last on 15 August 2022 for AED 2,250,000 (AED 1,189 per sqft).
  • Rented since January 2014 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 6.2%, 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 15 August 2022.

Questions about PR04, Oceana - Baltic

What did unit PR04 last sell for?

AED 2,250,000 on 15 August 2022: AED 1,189 per sqft for 1,891 sqft. The unit has 4 registered sales; the first was AED 1,805,740 in December 2012.

What is the rent for unit PR04?

AED 140,000 a year on the contract signed on 22 January 2014.

How big is unit PR04?

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 PR04 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 PR04, Oceana - Baltic

Starts from the last sale price (AED 2.25M, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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