1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 12th floor · completed 2010

1104, Oceana - Caribbean

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

Unit 1104 · DLD and Ejari recordsUpdated 25 March 2022
Last soldAED 968K9 November 2011
Current rentAED 125K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Oceana - Caribbean

What is 1104 worth today?

Last sold for AED 967,500 in 2011

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25 Mar 2022RentedRenewal
AED 125,000/yr12 months · AED 93 per sqft
8 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
1 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
26 Jun 2017RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
26 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
18 Oct 2015RentedNew contract
AED 185,000/yr12 months · AED 139 per sqft
10 Oct 2014RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
10 Oct 2013RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 25 March 2022.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
12th of 14
Parking
B1-1191
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 968K · November 2011

About 1104, Oceana - Caribbean

1104 is a one-bedroom apartment of 1,338 sqft on the 12th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 November 2011 for AED 967,500, or AED 723 per sqft, 42% below the AED 1,251 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 March 2022, is AED 125,000 a year: a gross yield of 12.9% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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, September 2010: AED 1,766,274 (AED 1,319 per sqft)Sold, November 2011: AED 967,500 (AED 723 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Oceana - Caribbean
100K150K200K2013201720212025Typical 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, October 2013: AED 160,000 a yearNew contract, October 2014: AED 160,000 a yearNew contract, October 2015: AED 185,000 a yearNew contract, June 2016: AED 170,000 a yearRenewal, June 2017: AED 170,000 a yearNew contract, July 2018: AED 80,000 a yearNew contract, March 2019: AED 80,000 a yearRenewal, March 2022: AED 125,000 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 - Caribbean, and where 1104 sits

All 34 1-beds →

1104 last sold in November 2011 at AED 723 per sqft, 42% below what one-beds in Oceana - Caribbean were fetching at the time (AED 1,251). 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. 1104's AED 125,000 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 12th floor

All 92 units in Oceana - Caribbean
Value
11012-bedAED 3.1M · Mar 2012
11023-bedAED 7.2M · Apr 2024
11031-bedAED 2.53M · Mar 2013
11053-bedAED 6M · Jun 2022
11062-bedAED 6.53M · Mar 2025

1104, Oceana - Caribbean in numbers

  • Sold twice: first on 16 September 2010 for AED 1,766,274, last on 9 November 2011 for AED 967,500 (AED 723 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2019 and recovered to AED 125,000 by March 2022.
  • At AED 125,000 a year the gross yield on the 2011 price is 12.9%, 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 25 March 2022.

Questions about 1104, Oceana - Caribbean

What did unit 1104 last sell for?

AED 967,500 on 9 November 2011: AED 723 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,766,274 in September 2010.

What is the rent for unit 1104?

AED 125,000 a year on the contract renewed on 25 March 2022. The previous contract, from March 2019, was AED 80,000; the unit has been rented since October 2013.

How big is unit 1104?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1104 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 1104, Oceana - Caribbean

Starts from the last sale price (AED 968K, 9 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 967,500
Deposit, UAE resident (20%)
AED 193,500
Deposit, non-resident (40%)
AED 387,000
Monthly over 25 years at 3.7%
AED 3,958

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