402, Oceana - Caribbean
Sold prices and rental history: sold twice, last in June 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 402, Oceana - Caribbean
What is 402 worth today?
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Source: Dubai Land Department. Updated 9 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 5th of 14
- Parking
- B1-1189,1190
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 6.5M · June 2023
- Building
- Oceana - Caribbean
About 402, Oceana - Caribbean
402 is a three-bedroom apartment of 2,280 sqft on the 5th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 June 2023 for AED 6,500,000, or AED 2,850 per sqft, 10% above the AED 2,587 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 280,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 52,700 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 26 3-beds →402 last sold in June 2023 at AED 2,850 per sqft, 10% above what three-beds in Oceana - Caribbean were fetching at the time (AED 2,587). 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. 402's AED 280,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20258 December 2025 | 2,280 sqft | 11,500,000 | 5,044 | ||
| 22 Jul 202522 July 2025 | 2,280 sqft | 10,400,000 | 4,561 | ||
| 24 Apr 202424 April 2024 | 2,280 sqft | 6,900,000 | 3,026 | ||
| 22 Apr 202422 April 2024 | 2,280 sqft | 7,200,000 | 3,158 |
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 5th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 2.22MAED 2,219,427 · Dec 2010December 2010 | 233,772 /yr | |
| 403 | 1-bed | 1,338 sqft | AED 1.49MAED 1,491,010 · Jan 2011January 2011 | 170,000 /yr | |
| 404 | 1-bed | 1,338 sqft | AED 3.3MAED 3,300,000 · Mar 2024March 2024 | 125,000 /yr | |
| 405 | 3-bed | 2,280 sqft | AED 10.4MAED 10,400,000 · Jul 2025July 2025 | 230,000 /yr | |
| 406 | 2-bed | 1,709 sqft | AED 2.22MAED 2,219,427 · Dec 2010December 2010 | 280,000 /yr |
402, Oceana - Caribbean in numbers
- Sold twice: first on 12 December 2010 for AED 2,862,463, last on 9 June 2023 for AED 6,500,000 (AED 2,850 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 270,000 to AED 200,000 in 2021 and recovered to AED 280,000 by May 2023.
- At AED 280,000 a year the gross yield on the 2023 price is 4.3%, 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 9 June 2023.
Questions about 402, Oceana - Caribbean
What did unit 402 last sell for?
AED 6,500,000 on 9 June 2023: AED 2,850 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,862,463 in December 2010.
What is the rent for unit 402?
AED 280,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 208,000; the unit has been rented since January 2014.
How big is unit 402?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.
What is unit 402 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 402, Oceana - Caribbean
Starts from the last sale price (AED 6.5M, 9 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,500,000
- Deposit, UAE resident (20%)
- AED 1,300,000
- Deposit, non-resident (40%)
- AED 2,600,000
- Monthly over 25 years at 3.7%
- AED 26,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →