1206, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Oceana - Caribbean
What is 1206 worth today?
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Source: Dubai Land Department. Updated 21 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 13th of 14
- Parking
- B1-1176
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 5.1M · August 2023
- Building
- Oceana - Caribbean
About 1206, Oceana - Caribbean
1206 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. It last sold on 21 August 2023 for AED 5,100,000, or AED 2,983 per sqft, 25% above the AED 2,389 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 November 2020, is AED 140,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1206 over time
1206 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1206 sits
All 30 2-beds →1206 last sold in August 2023 at AED 2,983 per sqft, 25% above what two-beds in Oceana - Caribbean were fetching at the time (AED 2,389). 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. 1206's AED 140,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202617 March 2026 | 1,709 sqft | 6,600,000 | 3,861 | ||
| 29 Mar 202529 March 2025 | 1,709 sqft | 6,525,000 | 3,817 | ||
| 27 Sep 202427 September 2024 | 1,955 sqft | 7,100,000 | 3,632 | ||
| 4 Jul 20244 July 2024 | 1,709 sqft | 5,555,000 | 3,250 |
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 | |
| 1203 | 1-bed | 1,338 sqft | AED 2.48MAED 2,475,000 · Dec 2012December 2012 | 235,000 /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, Oceana - Caribbean in numbers
- Sold 3 times: first on 2 January 2011 for AED 2,521,097, last on 21 August 2023 for AED 5,100,000 (AED 2,983 per sqft).
- Rented since October 2014 on 8 Ejari contracts, from AED 273,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2023 price is 2.8%, 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 21 August 2023.
Questions about 1206, Oceana - Caribbean
What did unit 1206 last sell for?
AED 5,100,000 on 21 August 2023: AED 2,983 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,521,097 in January 2011.
What is the rent for unit 1206?
AED 140,000 a year on the contract signed on 20 November 2020. The previous contract, from October 2019, was AED 160,000; the unit has been rented since October 2014.
How big is unit 1206?
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 1206 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 1206, Oceana - Caribbean
Starts from the last sale price (AED 5.1M, 21 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →