3-bed · 2,280 sqftOceana - Caribbean, Palm Jumeirah · 11th floor · completed 2010

1002, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in April 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 28 April 2016
Last soldAED 7M28 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Oceana - Caribbean

What is 1002 worth today?

Last sold for AED 7,000,000 in 2016

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28 Apr 2016SoldReady
AED 7,000,000AED 3,070 per sqft
26 Jan 2016SoldReady
AED 5,700,000AED 2,500 per sqft
2 Jan 2011Sold by developerReady
AED 3,302,525AED 1,448 per sqft

Source: Dubai Land Department. Updated 28 April 2016.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
11th of 14
Parking
B1-1183,1184
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 7M · April 2016

About 1002, Oceana - Caribbean

1002 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 April 2016 for AED 7,000,000, or AED 3,070 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Oceana - Caribbean
4M6M2010201420182022Typical sale price by year: 2010 AED 3,084,790; 2011 AED 3,100,000; 2012 AED 3,950,000; 2016 AED 5,700,000; 2021 AED 4,000,000; 2022 AED 5,900,000Sold by developer, January 2011: AED 3,302,525 (AED 1,448 per sqft)Sold, January 2016: AED 5,700,000 (AED 2,500 per sqft)Sold, April 2016: AED 7,000,000 (AED 3,070 per sqft)

1002 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Oceana - Caribbean
200K300K400K2013201720212025Typical rent by year: 2013 AED 265,000; 2014 AED 290,000; 2015 AED 283,500; 2016 AED 277,500; 2017 AED 273,750; 2018 AED 260,000; 2019 AED 235,000; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 245,000; 2023 AED 304,500; 2024 AED 335,853; 2025 AED 357,475; 2026 AED 405,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oceana - Caribbean, and where 1002 sits

All 26 3-beds →

Over the last 12 months three-beds sold for AED 11,500,000, around AED 5,044 per sqft, and rent for AED 280,000 to 525,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 202511,500,000
22 Jul 202510,400,000
24 Apr 20246,900,000
22 Apr 20247,200,000
1 3-bed sale in the last 12 months

Oceana - Caribbean

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 3,892
Typical sale
AED 5.93M
Typical rent
AED 234K /yr
Typical yield
3.5%
Oceana - Caribbean, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Caribbean
Value
10012-bedAED 2.46M · Dec 2010
10031-bedAED 3M · Oct 2015
10041-bedAED 1.74M · Jun 2011
10053-bedAED 3.17M · May 2011
10062-bedAED 5.1M · May 2023

1002, Oceana - Caribbean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 3,302,525, last on 28 April 2016 for AED 7,000,000 (AED 3,070 per sqft).
  • Three-beds in Oceana - Caribbean sold for AED 11,500,000–11,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,892 per sqft.

Source: Dubai Land Department. Updated 28 April 2016.

Questions about 1002, Oceana - Caribbean

What did unit 1002 last sell for?

AED 7,000,000 on 28 April 2016: AED 3,070 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,302,525 in January 2011.

How big is unit 1002?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Caribbean sold for AED 11,500,000 to 11,500,000 in the last 12 months, around AED 5,044 per sqft.

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Mortgage on 1002, Oceana - Caribbean

Starts from the last sale price (AED 7M, 28 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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