2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 11th floor · completed 2010

1006, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 5.1M19 May 2023
Current rentAED 310K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Oceana - Caribbean

What is 1006 worth today?

Last sold for AED 5,100,000 in 2023

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1 Mar 2026RentedNew contract
AED 310,000/yr12 months · AED 181 per sqft
1 Oct 2025RentedRenewal
AED 280,000/yr12 months · AED 164 per sqft
1 Oct 2024RentedNew contract
AED 325,000/yr12 months · AED 190 per sqft
1 Oct 2024RentedRenewal
AED 280,000/yr12 months · AED 164 per sqft
1 Oct 2023RentedNew contract
AED 348,128/yr12 months · AED 203 per sqft
19 May 2023SoldReady
AED 5,100,000AED 2,983 per sqft
25 Feb 2021RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
21 Dec 2020RentedRenewal
AED 140,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
11th of 14
Parking
B1-1194
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.1M · May 2023

About 1006, Oceana - Caribbean

1006 is a two-bedroom apartment of 1,709 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 19 May 2023 for AED 5,100,000, or AED 2,983 per sqft, 25% above the AED 2,389 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 1 March 2026, is AED 310,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Oceana - Caribbean
2M4M2010201420182022Typical sale price by year: 2010 AED 2,311,006; 2011 AED 2,391,810; 2012 AED 2,775,000; 2014 AED 4,550,000; 2016 AED 4,000,000; 2023 AED 4,825,000Sold by developer, January 2011: AED 2,456,453 (AED 1,437 per sqft)Sold, March 2014: AED 4,550,000 (AED 2,662 per sqft)Sold, May 2023: AED 5,100,000 (AED 2,983 per sqft)

1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Oceana - Caribbean
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 202,500; 2014 AED 210,000; 2015 AED 220,250; 2016 AED 210,000; 2017 AED 208,877; 2018 AED 190,000; 2019 AED 165,000; 2020 AED 160,000; 2021 AED 156,500; 2022 AED 190,000; 2023 AED 262,500; 2024 AED 270,000; 2025 AED 280,000; 2026 AED 291,000New contract, October 2012: AED 190,000 a yearNew contract, September 2014: AED 250,000 a yearRenewal, September 2015: AED 250,000 a yearNew contract, November 2017: AED 205,000 a yearNew contract, December 2018: AED 185,000 a yearRenewal, December 2019: AED 160,000 a yearRenewal, December 2020: AED 140,000 a yearNew contract, February 2021: AED 150,000 a yearNew contract, October 2023: AED 348,128 a yearNew contract, October 2024: AED 325,000 a yearRenewal, October 2024: AED 280,000 a yearRenewal, October 2025: AED 280,000 a yearNew contract, March 2026: AED 310,000 a year

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

2-beds in Oceana - Caribbean, and where 1006 sits

All 30 2-beds →

1006 last sold in May 2023 at AED 2,983 per sqft, 25% above what two-beds in Oceana - Caribbean were fetching at the time (AED 2,389). Over the last 12 months two-beds sold for AED 6,600,000, around AED 3,861 per sqft, and rent for AED 230,000 to 370,000 a year. 1006's AED 310,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20266,600,000
29 Mar 20256,525,000
27 Sep 20247,100,000
4 Jul 20245,555,000
1 2-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
10023-bedAED 7M · Apr 2016
10031-bedAED 3M · Oct 2015
10041-bedAED 1.74M · Jun 2011
10053-bedAED 3.17M · May 2011

1006, Oceana - Caribbean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 2,456,453, last on 19 May 2023 for AED 5,100,000 (AED 2,983 per sqft).
  • Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 190,000 to AED 140,000 in 2020 and recovered to AED 310,000 by March 2026.
  • At AED 310,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
  • Two-beds in Oceana - Caribbean sold for AED 6,600,000–6,600,000 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 1 March 2026.

Questions about 1006, Oceana - Caribbean

What did unit 1006 last sell for?

AED 5,100,000 on 19 May 2023: AED 2,983 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,456,453 in January 2011.

What is the rent for unit 1006?

AED 310,000 a year on the contract signed on 1 March 2026. The previous contract, from October 2025, was AED 280,000; the unit has been rented since October 2012.

How big is unit 1006?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Caribbean sold for AED 6,600,000 to 6,600,000 in the last 12 months, around AED 3,861 per sqft.

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Mortgage on 1006, Oceana - Caribbean

Starts from the last sale price (AED 5.1M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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