603, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Oceana - Caribbean
What is 603 worth today?
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Source: Dubai Land Department. Updated 24 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 7th of 14
- Parking
- B1-1237
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.63M · June 2022
- Building
- Oceana - Caribbean
About 603, Oceana - Caribbean
603 is a one-bedroom apartment of 1,338 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 24 June 2022 for AED 2,625,000, or AED 1,961 per sqft, 17% above the AED 1,672 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 16 May 2020, is AED 120,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 30,900 a year.
Sales and rents for 603 over time
603 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 603 sits
All 34 1-beds →603 last sold in June 2022 at AED 1,961 per sqft, 17% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,672). 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. 603's AED 120,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,338 sqft | 5,250,000 | 3,923 | ||
| 9 Mar 20269 March 2026 | 1,338 sqft | 4,050,000 | 3,026 | ||
| 12 Aug 202512 August 2025 | 1,375 sqft | 3,800,000 | 2,763 | ||
| 4 Aug 20254 August 2025 | 1,338 sqft | 4,400,000 | 3,288 |
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 7th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,709 sqft | AED 2.7MAED 2,700,000 · Jun 2011June 2011 | 287,000 /yr | |
| 602 | 3-bed | 2,280 sqft | AED 3.8MAED 3,800,000 · Mar 2012March 2012 | ||
| 604 | 1-bed | 1,338 sqft | AED 2.43MAED 2,425,000 · Oct 2017October 2017 | 150,000 /yr | |
| 605 | 3-bed | 2,280 sqft | AED 5.53MAED 5,525,000 · Jul 2013July 2013 | ||
| 606 | 2-bed | 1,709 sqft | AED 6.6MAED 6,600,000 · Mar 2026March 2026 | 270,000 /yr |
603, Oceana - Caribbean in numbers
- Sold 3 times: first on 14 September 2010 for AED 1,651,581, last on 24 June 2022 for AED 2,625,000 (AED 1,961 per sqft).
- Rented since March 2016 on 3 Ejari contracts, from AED 175,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 4.6%, 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 24 June 2022.
Questions about 603, Oceana - Caribbean
What did unit 603 last sell for?
AED 2,625,000 on 24 June 2022: AED 1,961 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,651,581 in September 2010.
What is the rent for unit 603?
AED 120,000 a year on the contract signed on 16 May 2020. The previous contract, from May 2017, was AED 150,000; the unit has been rented since March 2016.
How big is unit 603?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.
What is unit 603 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 603, Oceana - Caribbean
Starts from the last sale price (AED 2.63M, 24 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,625,000
- Deposit, UAE resident (20%)
- AED 525,000
- Deposit, non-resident (40%)
- AED 1,050,000
- Monthly over 25 years at 3.7%
- AED 10,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →