1005, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in May 2011, 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 1005, Oceana - Caribbean
What is 1005 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 11th of 14
- Parking
- B1-1181,1182
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 3.17M · May 2011
- Building
- Oceana - Caribbean
About 1005, Oceana - Caribbean
1005 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. The developer sold it on 2 May 2011 for AED 3,168,163, or AED 1,389 per sqft, in line with the AED 1,356 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 380,000 a year: a gross yield of 12.0% on the 2011 price, before the service charge of about AED 52,700 a year.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the three-bed median of each year in the building.
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 1005 sits
All 26 3-beds →1005 last sold in May 2011 at AED 1,389 per sqft, in line with what three-beds in Oceana - Caribbean were fetching at the time (AED 1,356). 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. 1005's AED 380,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20258 December 2025 | 2,280 sqft | 11,500,000 | 5,044 | ||
| 22 Jul 202522 July 2025 | 2,280 sqft | 10,400,000 | 4,561 | ||
| 24 Apr 202424 April 2024 | 2,280 sqft | 6,900,000 | 3,026 | ||
| 22 Apr 202422 April 2024 | 2,280 sqft | 7,200,000 | 3,158 |
Oceana - Caribbean
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 3,892
- Typical sale
- AED 5.93M
- Typical rent
- AED 234K /yr
- Typical yield
- 3.5%
Other units on the 11th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.46MAED 2,456,453 · Dec 2010December 2010 | 165,000 /yr | |
| 1002 | 3-bed | 2,280 sqft | AED 7MAED 7,000,000 · Apr 2016April 2016 | ||
| 1003 | 1-bed | 1,338 sqft | AED 3MAED 3,000,000 · Oct 2015October 2015 | 135,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.74MAED 1,743,335 · Jun 2011June 2011 | 170,000 /yr | |
| 1006 | 2-bed | 1,709 sqft | AED 5.1MAED 5,100,000 · May 2023May 2023 | 310,000 /yr |
1005, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 2 May 2011 for AED 3,168,163, or AED 1,389 per sqft.
- Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 300,000 to AED 215,000 in 2020 and recovered to AED 380,000 by November 2025.
- At AED 380,000 a year the gross yield on the 2011 price is 12.0%, before a service charge of about AED 52,700 a year (AED 23.10 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 15 November 2025.
Questions about 1005, Oceana - Caribbean
What did unit 1005 last sell for?
AED 3,168,163 on 2 May 2011, sold by the developer: AED 1,389 per sqft for 2,280 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 380,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 380,000; the unit has been rented since June 2014.
How big is unit 1005?
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 1005 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 1005, Oceana - Caribbean
Starts from the last sale price (AED 3.17M, 2 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,168,163
- Deposit, UAE resident (20%)
- AED 633,633
- Deposit, non-resident (40%)
- AED 1,267,265
- Monthly over 25 years at 3.7%
- AED 12,962
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →