3-bed · 2,280 sqftOceana - Caribbean, Palm Jumeirah · 13th floor · completed 2010

1202, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 6M1 June 2022
Current rentAED 500K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Oceana - Caribbean

What is 1202 worth today?

Last sold for AED 6,000,000 in 2022

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10 Feb 2026RentedNew contract
AED 500,000/yr12 months · AED 219 per sqft
10 Nov 2022RentedNew contract
AED 290,000/yr12 months · AED 127 per sqft
1 Jun 2022SoldReady
AED 6,000,000AED 2,631 per sqft
10 Nov 2020RentedNew contract
AED 185,000/yr12 months · AED 81 per sqft
5 Jul 2018RentedRenewal
AED 235,000/yr24 months · AED 103 per sqft
5 Jul 2017RentedNew contract
AED 265,000/yr12 months · AED 116 per sqft
30 Sep 2016RentedRenewal
AED 250,000/yr12 months · AED 110 per sqft
30 Sep 2015RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
13th of 14
Parking
B1-1174,1175
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 6M · June 2022

About 1202, Oceana - Caribbean

1202 is a three-bedroom apartment of 2,280 sqft on the 13th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 June 2022 for AED 6,000,000, or AED 2,631 per sqft, 9% above the AED 2,412 three-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 10 February 2026, is AED 500,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Oceana - Caribbean
4M6M2010201420182022Typical sale price by year: 2010 AED 3,084,790; 2011 AED 3,100,000; 2012 AED 3,950,000; 2016 AED 5,700,000; 2021 AED 4,000,000; 2022 AED 5,900,000Sold by developer, December 2010: AED 3,251,535 (AED 1,426 per sqft)Sold, June 2014: AED 6,000,000 (AED 2,631 per sqft)Sold, June 2022: AED 6,000,000 (AED 2,631 per sqft)

1202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Oceana - Caribbean
200K400K2013201720212025Typical rent by year: 2013 AED 265,000; 2014 AED 290,000; 2015 AED 283,500; 2016 AED 277,500; 2017 AED 273,750; 2018 AED 260,000; 2019 AED 235,000; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 245,000; 2023 AED 304,500; 2024 AED 335,853; 2025 AED 357,475; 2026 AED 405,000New contract, September 2013: AED 220,000 a yearNew contract, December 2014: AED 220,000 a yearNew contract, September 2015: AED 250,000 a yearRenewal, September 2016: AED 250,000 a yearNew contract, July 2017: AED 265,000 a yearRenewal, July 2018: AED 235,000 a yearNew contract, November 2020: AED 185,000 a yearNew contract, November 2022: AED 290,000 a yearNew contract, February 2026: AED 500,000 a year

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

3-beds in Oceana - Caribbean, and where 1202 sits

All 26 3-beds →

1202 last sold in June 2022 at AED 2,631 per sqft, 9% above what three-beds in Oceana - Caribbean were fetching at the time (AED 2,412). Over the last 12 months three-beds sold for AED 11,500,000, around AED 5,044 per sqft, and rent for AED 280,000 to 525,000 a year. 1202's AED 500,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 202511,500,000
22 Jul 202510,400,000
24 Apr 20246,900,000
22 Apr 20247,200,000
1 3-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
12012-bedAED 2.52M · Apr 2011
12031-bedAED 2.48M · Dec 2012
12041-bedAED 2.95M · Mar 2023
12053-bedAED 5.4M · Dec 2012
12062-bedAED 5.1M · Aug 2023

1202, Oceana - Caribbean in numbers

  • Sold 3 times: first on 12 December 2010 for AED 3,251,535, last on 1 June 2022 for AED 6,000,000 (AED 2,631 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 220,000 to AED 185,000 in 2020 and recovered to AED 500,000 by February 2026.
  • At AED 500,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
  • Three-beds in Oceana - Caribbean sold for AED 11,500,000–11,500,000 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 10 February 2026.

Questions about 1202, Oceana - Caribbean

What did unit 1202 last sell for?

AED 6,000,000 on 1 June 2022: AED 2,631 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,251,535 in December 2010.

What is the rent for unit 1202?

AED 500,000 a year on the contract signed on 10 February 2026. The previous contract, from November 2022, was AED 290,000; the unit has been rented since September 2013.

How big is unit 1202?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Caribbean sold for AED 11,500,000 to 11,500,000 in the last 12 months, around AED 5,044 per sqft.

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Mortgage on 1202, Oceana - Caribbean

Starts from the last sale price (AED 6M, 1 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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