306, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Oceana - Caribbean
What is 306 worth today?
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Source: Dubai Land Department. Updated 7 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 4th of 14
- Parking
- B1-1257
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.19M · April 2011
- Building
- Oceana - Caribbean
About 306, Oceana - Caribbean
306 is a two-bedroom apartment of 1,709 sqft on the 4th 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 2,187,106, or AED 1,279 per sqft, 7% below the AED 1,368 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 7 January 2024, is AED 315,000 a year: a gross yield of 14.4% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 306 over time
306 has sold once; 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 306 sits
All 30 2-beds →306 last sold in April 2011 at AED 1,279 per sqft, 7% below 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. 306's AED 315,000 is in the upper half 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 4th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,709 sqft | AED 2.19MAED 2,187,106 · Mar 2011March 2011 | 207,200 /yr | |
| 302 | 3-bed | 2,280 sqft | AED 6.5MAED 6,500,000 · Oct 2022October 2022 | 170,000 /yr | |
| 303 | 1-bed | 1,338 sqft | AED 1.47MAED 1,468,072 · Sep 2010September 2010 | 170,000 /yr | |
| 304 | 1-bed | 1,338 sqft | AED 3.2MAED 3,200,000 · Mar 2024March 2024 | 183,491 /yr | |
| 305 | 3-bed | 2,280 sqft | AED 5.5MAED 5,500,000 · May 2022May 2022 | 230,001 /yr |
306, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 13 April 2011 for AED 2,187,106, or AED 1,279 per sqft.
- Rented since December 2015 on 10 Ejari contracts, from AED 240,000 to AED 315,000 a year.
- At AED 315,000 a year the gross yield on the 2011 price is 14.4%, 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 7 January 2024.
Questions about 306, Oceana - Caribbean
What did unit 306 last sell for?
AED 2,187,106 on 13 April 2011, sold by the developer: AED 1,279 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 315,000 a year on the contract renewed on 7 January 2024. The previous contract, from January 2024, was AED 315,000; the unit has been rented since December 2015.
How big is unit 306?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.
What is unit 306 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 306, Oceana - Caribbean
Starts from the last sale price (AED 2.19M, 13 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,187,106
- Deposit, UAE resident (20%)
- AED 437,421
- Deposit, non-resident (40%)
- AED 874,842
- Monthly over 25 years at 3.7%
- AED 8,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →