706, Oceana - Caribbean
Sold prices and rental history: sold twice, last in July 2015, 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 706, Oceana - Caribbean
What is 706 worth today?
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Source: Dubai Land Department. Updated 10 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B1-1245
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.1M · July 2015
- Building
- Oceana - Caribbean
About 706, Oceana - Caribbean
706 is a two-bedroom apartment of 1,709 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 July 2015 for AED 4,100,000, or AED 2,398 per sqft.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 155,000 a year: a gross yield of 3.8% on the 2015 price, before the service charge of about AED 39,500 a year.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 30 2-beds →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. 706's AED 155,000 is at the bottom 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 8th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,709 sqft | AED 2.36MAED 2,359,488 · Jan 2011January 2011 | 270,000 /yr | |
| 702 | 3-bed | 2,280 sqft | AED 11.5MAED 11,500,000 · Dec 2025December 2025 | 106,667 /yr | |
| 703 | 1-bed | 1,338 sqft | AED 2.5MAED 2,500,000 · Dec 2021December 2021 | 175,000 /yr | |
| 704 | 1-bed | 1,338 sqft | AED 4.5MAED 4,500,000 · May 2025May 2025 | 210,000 /yr | |
| 705 | 3-bed | 1,173 sqft | AED 3MAED 3,000,000 · Mar 2023March 2023 | 315,000 /yr |
706, Oceana - Caribbean in numbers
- Sold twice: first on 28 September 2010 for AED 2,359,488, last on 8 July 2015 for AED 4,100,000 (AED 2,398 per sqft).
- Rented since May 2015 on 7 Ejari contracts, from AED 220,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2015 price is 3.8%, 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 10 December 2022.
Questions about 706, Oceana - Caribbean
What did unit 706 last sell for?
AED 4,100,000 on 8 July 2015: AED 2,398 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,359,488 in September 2010.
What is the rent for unit 706?
AED 155,000 a year on the contract renewed on 10 December 2022. The previous contract, from December 2021, was AED 155,000; the unit has been rented since May 2015.
How big is unit 706?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.
What is unit 706 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 706, Oceana - Caribbean
Starts from the last sale price (AED 4.1M, 8 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →