1203, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Oceana - Caribbean
What is 1203 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 13th of 14
- Parking
- B2-2177
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.48M · December 2012
- Building
- Oceana - Caribbean
About 1203, Oceana - Caribbean
1203 is a one-bedroom apartment of 1,338 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 9 December 2012 for AED 2,475,000, or AED 1,849 per sqft, 55% above the AED 1,195 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 September 2024, is AED 235,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1203 over time
1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1203 sits
All 34 1-beds →1203 last sold in December 2012 at AED 1,849 per sqft, 55% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,195). 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. 1203's AED 235,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,338 sqft | 5,250,000 | 3,923 | ||
| 9 Mar 20269 March 2026 | 1,338 sqft | 4,050,000 | 3,026 | ||
| 12 Aug 202512 August 2025 | 1,375 sqft | 3,800,000 | 2,763 | ||
| 4 Aug 20254 August 2025 | 1,338 sqft | 4,400,000 | 3,288 |
Oceana - Caribbean
Building92 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%
Other units on the 13th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,709 sqft | AED 2.52MAED 2,521,097 · Apr 2011April 2011 | 357,075 /yr | |
| 1202 | 3-bed | 2,280 sqft | AED 6MAED 6,000,000 · Jun 2022June 2022 | 500,000 /yr | |
| 1204 | 1-bed | 1,338 sqft | AED 2.95MAED 2,950,000 · Mar 2023March 2023 | 110,000 /yr | |
| 1205 | 3-bed | 2,280 sqft | AED 5.4MAED 5,400,000 · Dec 2012December 2012 | 258,000 /yr | |
| 1206 | 2-bed | 1,709 sqft | AED 5.1MAED 5,100,000 · Aug 2023August 2023 | 140,000 /yr |
1203, Oceana - Caribbean in numbers
- Sold 3 times: first on 9 December 2010 for AED 1,789,212, last on 9 December 2012 for AED 2,475,000 (AED 1,849 per sqft).
- Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 135,000 in 2019 and recovered to AED 235,000 by September 2024.
- At AED 235,000 a year the gross yield on the 2012 price is 9.5%, 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 15 September 2024.
Questions about 1203, Oceana - Caribbean
What did unit 1203 last sell for?
AED 2,475,000 on 9 December 2012: AED 1,849 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,789,212 in December 2010.
What is the rent for unit 1203?
AED 235,000 a year on the contract signed on 15 September 2024. The previous contract, from May 2023, was AED 220,000; the unit has been rented since January 2013.
How big is unit 1203?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1203 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 1203, Oceana - Caribbean
Starts from the last sale price (AED 2.48M, 9 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,475,000
- Deposit, UAE resident (20%)
- AED 495,000
- Deposit, non-resident (40%)
- AED 990,000
- Monthly over 25 years at 3.7%
- AED 10,126
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →