2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 13th floor · completed 2010

1201, Oceana - Caribbean

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 2.52M13 April 2011
Current rentAED 357K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Oceana - Caribbean

What is 1201 worth today?

Last sold for AED 2,521,097 in 2011

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20 Jan 2026RentedRenewal
AED 357,075/yr12 months · AED 209 per sqft
20 Jan 2025RentedRenewal
AED 310,500/yr12 months · AED 182 per sqft
20 Jan 2025RentedRenewal
AED 310,500/yr12 months · AED 182 per sqft
20 Jan 2024RentedNew contract
AED 270,000/yr12 months · AED 158 per sqft
10 Dec 2022RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft
10 Dec 2021RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
9 Oct 2020RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
9 Oct 2019RentedRenewal
AED 160,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
13th of 14
Parking
B1-1188
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.52M · April 2011

About 1201, Oceana - Caribbean

1201 is a two-bedroom apartment of 1,709 sqft on the 13th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 13 April 2011 for AED 2,521,097, or AED 1,475 per sqft, 8% above the AED 1,368 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 357,075 a year: a gross yield of 14.2% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, April 2011: AED 2,521,097 (AED 1,475 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, January 2017: AED 193,000 a yearRenewal, January 2018: AED 180,000 a yearNew contract, October 2018: AED 170,000 a yearRenewal, October 2019: AED 160,000 a yearRenewal, October 2020: AED 150,000 a yearNew contract, December 2021: AED 190,000 a yearRenewal, December 2022: AED 190,000 a yearNew contract, January 2024: AED 270,000 a yearRenewal, January 2025: AED 310,500 a yearRenewal, January 2025: AED 310,500 a yearRenewal, January 2026: AED 357,075 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 1201 sits

All 30 2-beds →

1201 last sold in April 2011 at AED 1,475 per sqft, 8% above what two-beds in Oceana - Caribbean were fetching at the time (AED 1,368). 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. 1201's AED 357,075 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 13th floor

All 92 units in Oceana - Caribbean
Value
12023-bedAED 6M · Jun 2022
12031-bedAED 2.48M · Dec 2012
12041-bedAED 2.95M · Mar 2023
12053-bedAED 5.4M · Dec 2012
12062-bedAED 5.1M · Aug 2023

1201, Oceana - Caribbean in numbers

  • Sold once: by Seven Tides on 13 April 2011 for AED 2,521,097, or AED 1,475 per sqft.
  • Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 193,000 to AED 150,000 in 2020 and recovered to AED 357,075 by January 2026.
  • At AED 357,075 a year the gross yield on the 2011 price is 14.2%, 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 20 January 2026.

Questions about 1201, Oceana - Caribbean

What did unit 1201 last sell for?

AED 2,521,097 on 13 April 2011, sold by the developer: AED 1,475 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 357,075 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 310,500; the unit has been rented since January 2017.

How big is unit 1201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1201 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 1201, Oceana - Caribbean

Starts from the last sale price (AED 2.52M, 13 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,521,097
Deposit, UAE resident (20%)
AED 504,219
Deposit, non-resident (40%)
AED 1,008,439
Monthly over 25 years at 3.7%
AED 10,315

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