3-bed · 2,280 sqftOceana - Caribbean, Palm Jumeirah · 7th floor · completed 2010

602, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in March 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 March 2012
Last soldAED 3.8M11 March 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Oceana - Caribbean

What is 602 worth today?

Last sold for AED 3,800,000 in 2012

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11 Mar 2012SoldReady
AED 3,800,000AED 1,666 per sqft
10 May 2011SoldReady
AED 3,050,000AED 1,337 per sqft
14 Sep 2010Sold by developerReady
AED 3,001,417AED 1,316 per sqft

Source: Dubai Land Department. Updated 11 March 2012.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
7th of 14
Parking
B2-2190,2191
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3.8M · March 2012

About 602, Oceana - Caribbean

602 is a three-bedroom apartment of 2,280 sqft on the 7th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 11 March 2012 for AED 3,800,000, or AED 1,666 per sqft, 18% above the AED 1,411 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Oceana - Caribbean
4M6M2010201420182022Typical sale price by year: 2010 AED 3,084,790; 2011 AED 3,100,000; 2012 AED 3,950,000; 2016 AED 5,700,000; 2021 AED 4,000,000; 2022 AED 5,900,000Sold by developer, September 2010: AED 3,001,417 (AED 1,316 per sqft)Sold, May 2011: AED 3,050,000 (AED 1,337 per sqft)Sold, March 2012: AED 3,800,000 (AED 1,666 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Oceana - Caribbean
200K300K400K2013201720212025Typical rent by year: 2013 AED 265,000; 2014 AED 290,000; 2015 AED 283,500; 2016 AED 277,500; 2017 AED 273,750; 2018 AED 260,000; 2019 AED 235,000; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 245,000; 2023 AED 304,500; 2024 AED 335,853; 2025 AED 357,475; 2026 AED 405,000

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 602 sits

All 26 3-beds →

602 last sold in March 2012 at AED 1,666 per sqft, 18% above what three-beds in Oceana - Caribbean were fetching at the time (AED 1,411). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 202511,500,000
22 Jul 202510,400,000
24 Apr 20246,900,000
22 Apr 20247,200,000
1 3-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 7th floor

All 92 units in Oceana - Caribbean
Value
6012-bedAED 2.7M · Jun 2011
6031-bedAED 2.63M · Jun 2022
6041-bedAED 2.43M · Oct 2017
6053-bedAED 5.53M · Jul 2013
6062-bedAED 6.6M · Mar 2026

602, Oceana - Caribbean in numbers

  • Sold 3 times: first on 14 September 2010 for AED 3,001,417, last on 11 March 2012 for AED 3,800,000 (AED 1,666 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 11 March 2012.

Questions about 602, Oceana - Caribbean

What did unit 602 last sell for?

AED 3,800,000 on 11 March 2012: AED 1,666 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,001,417 in September 2010.

How big is unit 602?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 602 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 602, Oceana - Caribbean

Starts from the last sale price (AED 3.8M, 11 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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