2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 1st floor · completed 2010

D01, Oceana - Caribbean

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D01 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 5.1M1 June 2022
Current rentAED 205K /yr1 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D01, Oceana - Caribbean

What is D01 worth today?

Last sold for AED 5,100,000 in 2022

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1 Jun 2022SoldReady
AED 5,100,000AED 2,983 per sqft
26 Oct 2016SoldReady
AED 4,000,000AED 2,340 per sqft
25 Oct 2016SoldReady
AED 1,709,200AED 999 per sqft
1 Jan 2016RentedRenewal
AED 205,000/yr12 months · AED 120 per sqft
1 Jan 2015RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
1 Jan 2014RentedRenewal
AED 195,000/yr12 months · AED 114 per sqft
1 Jan 2013RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
4 Jan 2011Sold by developerReady
AED 2,350,000AED 1,374 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
1st of 14
Parking
B1-1197 , B1-1B2-3
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.1M · June 2022

About D01, Oceana - Caribbean

D01 is a two-bedroom apartment of 1,709 sqft on the 1st floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 June 2022 for AED 5,100,000, or AED 2,983 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 January 2016, is AED 205,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for D01 over time

Sales
Unit D01, each saleTypical two-bed in Oceana - Caribbean
2M4M2010201420182022Typical sale price by year: 2010 AED 2,311,006; 2011 AED 2,391,810; 2012 AED 2,775,000; 2014 AED 4,550,000; 2016 AED 4,000,000; 2023 AED 4,825,000Sold by developer, January 2011: AED 2,350,000 (AED 1,374 per sqft)Sold, October 2016: AED 4,000,000 (AED 2,340 per sqft)Sold, October 2016: AED 1,709,200 (AED 999 per sqft)Sold, June 2022: AED 5,100,000 (AED 2,983 per sqft)

D01 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit D01, each contractTypical two-bed in Oceana - Caribbean
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 202,500; 2014 AED 210,000; 2015 AED 220,250; 2016 AED 210,000; 2017 AED 208,877; 2018 AED 190,000; 2019 AED 165,000; 2020 AED 160,000; 2021 AED 156,500; 2022 AED 190,000; 2023 AED 262,500; 2024 AED 270,000; 2025 AED 280,000; 2026 AED 291,000New contract, January 2013: AED 190,000 a yearRenewal, January 2014: AED 195,000 a yearRenewal, January 2015: AED 200,000 a yearRenewal, January 2016: AED 205,000 a year

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 D01 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. D01's AED 205,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20266,600,000
29 Mar 20256,525,000
27 Sep 20247,100,000
4 Jul 20245,555,000
1 2-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 1st floor

All 92 units in Oceana - Caribbean
Value
D023-bedAED 5.15M · Dec 2018
D031-bedAED 3.05M · Apr 2024
D041-bedAED 2.55M · Jun 2022
D053-bedAED 2.58M · Jan 2011
D062-bedAED 2.44M · Jan 2011

D01, Oceana - Caribbean in numbers

  • Sold 4 times: first on 4 January 2011 for AED 2,350,000, last on 1 June 2022 for AED 5,100,000 (AED 2,983 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 190,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2022 price is 4.0%, 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 June 2022.

Questions about D01, Oceana - Caribbean

What did unit D01 last sell for?

AED 5,100,000 on 1 June 2022: AED 2,983 per sqft for 1,709 sqft. The unit has 4 registered sales; the first was AED 2,350,000 in January 2011.

What is the rent for unit D01?

AED 205,000 a year on the contract renewed on 1 January 2016. The previous contract, from January 2015, was AED 200,000; the unit has been rented since January 2013.

How big is unit D01?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D01 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 D01, Oceana - Caribbean

Starts from the last sale price (AED 5.1M, 1 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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