406, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in December 2010, 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 406, Oceana - Caribbean
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 5th of 14
- Parking
- B1-1253
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.22M · December 2010
- Building
- Oceana - Caribbean
About 406, Oceana - Caribbean
406 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 13 December 2010 for AED 2,219,427, or AED 1,298 per sqft, in line with the AED 1,320 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 1 September 2025, is AED 265,000 a year: a gross yield of 11.9% on the 2010 price, before the service charge of about AED 39,500 a year.
Sales and rents for 406 over time
406 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 406 sits
All 30 2-beds →406 last sold in December 2010 at AED 1,298 per sqft, in line with what two-beds in Oceana - Caribbean were fetching at the time (AED 1,320). 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. 406's AED 265,000 is in the lower 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 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 | |
| 402 | 3-bed | 2,280 sqft | AED 6.5MAED 6,500,000 · Jun 2023June 2023 | 280,000 /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, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 13 December 2010 for AED 2,219,427, or AED 1,298 per sqft.
- Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 240,000 to AED 160,000 in 2019 and recovered to AED 265,000 by September 2025.
- At AED 265,000 a year the gross yield on the 2010 price is 11.9%, 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 1 September 2025.
Questions about 406, Oceana - Caribbean
What did unit 406 last sell for?
AED 2,219,427 on 13 December 2010, sold by the developer: AED 1,298 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 265,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2025, was AED 280,000; the unit has been rented since August 2015.
How big is unit 406?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.
What is unit 406 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 406, Oceana - Caribbean
Starts from the last sale price (AED 2.22M, 13 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,219,427
- Deposit, UAE resident (20%)
- AED 443,885
- Deposit, non-resident (40%)
- AED 887,771
- Monthly over 25 years at 3.7%
- AED 9,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →