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2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 3rd floor · completed 2010

206, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 4 May 2014
Last soldAED 4.8M4 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Oceana - Caribbean

What is 206 worth today?

Last sold for AED 4,800,000 in 2014

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4 May 2014SoldReady
AED 4,800,000AED 2,808 per sqft
19 Jun 2013SoldReady
AED 3,550,000AED 2,076 per sqft
14 Sep 2010Sold by developerReady
AED 2,154,784AED 1,260 per sqft

Source: Dubai Land Department. Updated 4 May 2014.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2263-2264
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.8M · May 2014
Building
Oceana - Caribbean

About 206, Oceana - Caribbean

206 is a two-bedroom apartment of 1,709 sqft on the 3rd floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 4 May 2014 for AED 4,800,000, or AED 2,808 per sqft, 5% above the AED 2,662 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, 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, September 2010: AED 2,154,784 (AED 1,260 per sqft)Sold, June 2013: AED 3,550,000 (AED 2,076 per sqft)Sold, May 2014: AED 4,800,000 (AED 2,808 per sqft)

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

Rents
Unit 206, 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 291,000

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 206 sits

All 30 2-beds →

206 last sold in May 2014 at AED 2,808 per sqft, 5% above what two-beds in Oceana - Caribbean were fetching at the time (AED 2,662). 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.

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 3rd floor

All 92 units in Oceana - Caribbean
Value
2012-bedAED 2.15M · Jan 2011
2023-bedAED 2.78M · Sep 2010
2031-bedAED 2.23M · Jan 2014
2041-bedAED 2.65M · Dec 2013
2053-bedAED 2.78M · May 2011

206, Oceana - Caribbean in numbers

  • Sold 3 times: first on 14 September 2010 for AED 2,154,784, last on 4 May 2014 for AED 4,800,000 (AED 2,808 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 4 May 2014.

Questions about 206, Oceana - Caribbean

What did unit 206 last sell for?

AED 4,800,000 on 4 May 2014: AED 2,808 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,154,784 in September 2010.

How big is unit 206?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 206 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 206, Oceana - Caribbean

Starts from the last sale price (AED 4.8M, 4 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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