1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 8th floor · completed 2010

703, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 2.5M8 December 2021
Current rentAED 175K /yr13 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Oceana - Caribbean

What is 703 worth today?

Last sold for AED 2,500,000 in 2021

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13 Aug 2026RentedRenewal
AED 175,000/yr12 months · AED 131 per sqft
13 Aug 2025RentedRenewal
AED 175,000/yr12 months · AED 131 per sqft
13 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
13 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
8 Dec 2021SoldReady
AED 2,500,000AED 1,868 per sqft
21 Jan 2021SoldReady
AED 1,775,000AED 1,326 per sqft
24 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
10 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
8th of 14
Parking
B1-1241
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.5M · December 2021

About 703, Oceana - Caribbean

703 is a one-bedroom apartment of 1,338 sqft on the 8th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 8 December 2021 for AED 2,500,000, or AED 1,868 per sqft, 41% above the AED 1,326 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 13 August 2026, is AED 175,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, January 2011: AED 1,674,519 (AED 1,251 per sqft)Sold, January 2021: AED 1,775,000 (AED 1,326 per sqft)Sold, December 2021: AED 2,500,000 (AED 1,868 per sqft)

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

Rents
Unit 703, 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, December 2014: AED 130,000 a yearRenewal, December 2015: AED 130,000 a yearRenewal, December 2016: AED 130,000 a yearRenewal, December 2017: AED 130,000 a yearRenewal, December 2018: AED 130,000 a yearRenewal, December 2019: AED 110,000 a yearNew contract, July 2020: AED 120,000 a yearNew contract, August 2023: AED 170,000 a yearRenewal, August 2024: AED 170,000 a yearRenewal, August 2025: AED 175,000 a yearRenewal, August 2026: AED 175,000 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 703 sits

All 34 1-beds →

703 last sold in December 2021 at AED 1,868 per sqft, 41% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,326). 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. 703's AED 175,000 is in the lower half 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 8th floor

All 92 units in Oceana - Caribbean
Value
7012-bedAED 2.36M · Jan 2011
7023-bedAED 11.5M · Dec 2025
7041-bedAED 4.5M · May 2025
7053-bedAED 3M · Mar 2023
7062-bedAED 4.1M · Jul 2015

703, Oceana - Caribbean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 1,674,519, last on 8 December 2021 for AED 2,500,000 (AED 1,868 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2019 and recovered to AED 175,000 by August 2026.
  • At AED 175,000 a year the gross yield on the 2021 price is 7.0%, 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 13 August 2026.

Questions about 703, Oceana - Caribbean

What did unit 703 last sell for?

AED 2,500,000 on 8 December 2021: AED 1,868 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,674,519 in January 2011.

What is the rent for unit 703?

AED 175,000 a year on the contract renewed on 13 August 2026. The previous contract, from August 2025, was AED 175,000; the unit has been rented since December 2014.

How big is unit 703?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 703 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 703, Oceana - Caribbean

Starts from the last sale price (AED 2.5M, 8 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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