1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 2nd floor · completed 2010

103, Oceana - Caribbean

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 30 September 2023
Last soldAED 1.4M26 April 2011
Current rentAED 108K /yr30 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Oceana - Caribbean

What is 103 worth today?

Last sold for AED 1,399,256 in 2011

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30 Sep 2023RentedNew contract
AED 107,531/yr2 months · AED 80 per sqft
30 Sep 2022RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
30 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
30 Sep 2020RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
30 Sep 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
29 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
19 Mar 2018RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
25 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 30 September 2023.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
2nd of 14
Parking
B1-1232
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.4M · April 2011

About 103, Oceana - Caribbean

103 is a one-bedroom apartment of 1,338 sqft on the 2nd floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 26 April 2011 for AED 1,399,256, or AED 1,045 per sqft, 15% below the AED 1,234 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 30 September 2023, is AED 107,531 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Oceana - Caribbean
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,628,642; 2011 AED 1,679,600; 2012 AED 1,800,000; 2013 AED 2,550,000; 2014 AED 2,180,000; 2017 AED 2,537,500; 2021 AED 1,850,000; 2022 AED 2,425,000; 2024 AED 3,250,000; 2025 AED 4,400,000Sold by developer, April 2011: AED 1,399,256 (AED 1,045 per sqft)

103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, each contractTypical one-bed in Oceana - Caribbean
100K150K2013201720212025Typical rent by year: 2013 AED 147,500; 2014 AED 155,000; 2015 AED 165,834; 2016 AED 162,500; 2017 AED 152,500; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 165,000; 2024 AED 176,500; 2025 AED 185,000; 2026 AED 170,000New contract, December 2013: AED 150,000 a yearNew contract, December 2014: AED 150,000 a yearNew contract, March 2018: AED 160,000 a yearNew contract, September 2018: AED 120,000 a yearRenewal, September 2019: AED 110,000 a yearRenewal, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearRenewal, September 2022: AED 110,000 a yearNew contract, September 2023: AED 107,531 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 - Caribbean, and where 103 sits

All 34 1-beds →

103 last sold in April 2011 at AED 1,045 per sqft, 15% below what one-beds in Oceana - Caribbean were fetching at the time (AED 1,234). Over the last 12 months one-beds sold for AED 4,050,000 to 5,250,000, around AED 3,475 per sqft, and rent for AED 135,000 to 250,000 a year. 103's AED 107,531 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Mar 20265,250,000
9 Mar 20264,050,000
12 Aug 20253,800,000
4 Aug 20254,400,000
2 1-bed sales 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 2nd floor

All 92 units in Oceana - Caribbean
Value
1012-bedAED 2.15M · Sep 2010
1023-bedAED 6M · Apr 2022
1041-bedAED 4.4M · Aug 2025
1053-bedAED 5.9M · Sep 2022
1062-bedAED 2.55M · Oct 2019

103, Oceana - Caribbean in numbers

  • Sold once: by Seven Tides on 26 April 2011 for AED 1,399,256, or AED 1,045 per sqft.
  • Rented since December 2013 on 9 Ejari contracts, from AED 150,000 to AED 107,531 a year.
  • At AED 107,531 a year the gross yield on the 2011 price is 7.7%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Caribbean sold for AED 4,050,000–5,250,000 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 30 September 2023.

Questions about 103, Oceana - Caribbean

What did unit 103 last sell for?

AED 1,399,256 on 26 April 2011, sold by the developer: AED 1,045 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 107,531 a year on the contract signed on 30 September 2023. The previous contract, from September 2022, was AED 110,000; the unit has been rented since December 2013.

How big is unit 103?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Caribbean sold for AED 4,050,000 to 5,250,000 in the last 12 months, around AED 3,475 per sqft.

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Mortgage on 103, Oceana - Caribbean

Starts from the last sale price (AED 1.4M, 26 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,399,256
Deposit, UAE resident (20%)
AED 279,851
Deposit, non-resident (40%)
AED 559,702
Monthly over 25 years at 3.7%
AED 5,725

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