1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 5th floor · completed 2010

404, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 3.3M11 March 2024
Current rentAED 125K /yr5 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Oceana - Caribbean

What is 404 worth today?

Last sold for AED 3,300,000 in 2024

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11 Mar 2024SoldReady
AED 3,300,000AED 2,466 per sqft
5 May 2019RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
6 May 2018RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
16 Apr 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
24 Feb 2013SoldReady
AED 2,200,000AED 1,644 per sqft
22 Feb 2013RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
14 Sep 2010Sold by developerReady
AED 1,491,010AED 1,114 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
5th of 14
Parking
B1-1254
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.3M · March 2024

About 404, Oceana - Caribbean

404 is a one-bedroom apartment of 1,338 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 11 March 2024 for AED 3,300,000, or AED 2,466 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 May 2019, is AED 125,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Oceana - Caribbean
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,628,642; 2011 AED 1,679,600; 2012 AED 1,800,000; 2013 AED 2,550,000; 2014 AED 2,180,000; 2017 AED 2,537,500; 2021 AED 1,850,000; 2022 AED 2,425,000; 2024 AED 3,250,000; 2025 AED 4,400,000Sold by developer, September 2010: AED 1,491,010 (AED 1,114 per sqft)Sold, February 2013: AED 2,200,000 (AED 1,644 per sqft)Sold, March 2024: AED 3,300,000 (AED 2,466 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Oceana - Caribbean
100K150K2013201720212025Typical rent by year: 2013 AED 147,500; 2014 AED 155,000; 2015 AED 165,834; 2016 AED 162,500; 2017 AED 152,500; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 165,000; 2024 AED 176,500; 2025 AED 185,000; 2026 AED 170,000New contract, February 2013: AED 135,000 a yearNew contract, April 2015: AED 160,000 a yearNew contract, May 2018: AED 140,000 a yearNew contract, May 2019: AED 125,000 a year

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 404 sits

All 34 1-beds →

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. 404's AED 125,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Mar 20265,250,000
9 Mar 20264,050,000
12 Aug 20253,800,000
4 Aug 20254,400,000
2 1-bed sales 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 5th floor

All 92 units in Oceana - Caribbean
Value
4012-bedAED 2.22M · Dec 2010
4023-bedAED 6.5M · Jun 2023
4031-bedAED 1.49M · Jan 2011
4053-bedAED 10.4M · Jul 2025
4062-bedAED 2.22M · Dec 2010

404, Oceana - Caribbean in numbers

  • Sold 3 times: first on 14 September 2010 for AED 1,491,010, last on 11 March 2024 for AED 3,300,000 (AED 2,466 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 135,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 3.8%, 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 11 March 2024.

Questions about 404, Oceana - Caribbean

What did unit 404 last sell for?

AED 3,300,000 on 11 March 2024: AED 2,466 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,491,010 in September 2010.

What is the rent for unit 404?

AED 125,000 a year on the contract signed on 5 May 2019. The previous contract, from May 2018, was AED 140,000; the unit has been rented since February 2013.

How big is unit 404?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 404 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 404, Oceana - Caribbean

Starts from the last sale price (AED 3.3M, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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