2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 12th floor · completed 2010

1106, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 29 March 2025
Last soldAED 6.53M29 March 2025
Current rentAED 150K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Oceana - Caribbean

What is 1106 worth today?

Last sold for AED 6,525,000 in 2025

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29 Mar 2025SoldReady
AED 6,525,000AED 3,817 per sqft
20 Oct 2021RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
20 Oct 2020RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
20 Jun 2020RentedRenewal
AED 160,000/yr12 months · AED 93 per sqft
20 Jun 2019RentedRenewal
AED 185,000/yr12 months · AED 108 per sqft
20 Jun 2018RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
6 Jan 2013SoldReady
AED 3,200,000AED 1,872 per sqft
28 Aug 2011RentedNew contract
AED 185,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 29 March 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B1-1173.B2-2B2-12.B2-2B2-11
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 6.53M · March 2025

About 1106, Oceana - Caribbean

1106 is a two-bedroom apartment of 1,709 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 29 March 2025 for AED 6,525,000, or AED 3,817 per sqft, 5% above the AED 3,632 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 6 Ejari contracts. The current contract, renewed on 20 October 2021, is AED 150,000 a year: a gross yield of 2.3% on the 2025 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Oceana - Caribbean
2M4M6M2010201420182022Typical 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, February 2011: AED 2,488,775 (AED 1,456 per sqft)Sold, January 2013: AED 3,200,000 (AED 1,872 per sqft)Sold, March 2025: AED 6,525,000 (AED 3,817 per sqft)

1106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Oceana - Caribbean
200K300K20112015201920232027Typical 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, August 2011: AED 185,000 a yearNew contract, June 2018: AED 190,000 a yearRenewal, June 2019: AED 185,000 a yearRenewal, June 2020: AED 160,000 a yearNew contract, October 2020: AED 150,000 a yearRenewal, October 2021: AED 150,000 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 1106 sits

All 30 2-beds →

1106 last sold in March 2025 at AED 3,817 per sqft, 5% above what two-beds in Oceana - Caribbean were fetching at the time (AED 3,632). 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. 1106's AED 150,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20266,600,000
27 Sep 20247,100,000
4 Jul 20245,555,000
6 Oct 20234,825,000
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 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
11041-bedAED 968K · Nov 2011
11053-bedAED 6M · Jun 2022

1106, Oceana - Caribbean in numbers

  • Sold 3 times: first on 7 February 2011 for AED 2,488,775, last on 29 March 2025 for AED 6,525,000 (AED 3,817 per sqft).
  • Rented since August 2011 on 6 Ejari contracts, from AED 185,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 2.3%, 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 29 March 2025.

Questions about 1106, Oceana - Caribbean

What did unit 1106 last sell for?

AED 6,525,000 on 29 March 2025: AED 3,817 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,488,775 in February 2011.

What is the rent for unit 1106?

AED 150,000 a year on the contract renewed on 20 October 2021. The previous contract, from October 2020, was AED 150,000; the unit has been rented since August 2011.

How big is unit 1106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1106 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 1106, Oceana - Caribbean

Starts from the last sale price (AED 6.53M, 29 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,525,000
Deposit, UAE resident (20%)
AED 1,305,000
Deposit, non-resident (40%)
AED 2,610,000
Monthly over 25 years at 3.7%
AED 26,696

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