3-bed · 2,280 sqftOceana - Caribbean, Palm Jumeirah · 1st floor · completed 2010

D02, Oceana - Caribbean

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D02 · DLD and Ejari recordsUpdated 5 December 2018
Last soldAED 5.15M5 December 2018
Current rentAED 300K /yr10 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D02, Oceana - Caribbean

What is D02 worth today?

Last sold for AED 5,150,000 in 2018

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5 Dec 2018SoldReady
AED 5,150,000AED 2,258 per sqft
10 Sep 2018RentedRenewal
AED 300,000/yr12 months · AED 131 per sqft
10 Sep 2017RentedNew contract
AED 300,000/yr12 months · AED 131 per sqft
5 Jul 2016RentedRenewal
AED 315,000/yr12 months · AED 138 per sqft
5 Jul 2015RentedNew contract
AED 315,000/yr12 months · AED 138 per sqft
21 Jul 2014RentedNew contract
AED 340,000/yr12 months · AED 149 per sqft
20 Jul 2013RentedNew contract
AED 305,000/yr12 months · AED 134 per sqft
4 Jan 2011Sold by developerReady
AED 2,583,333AED 1,133 per sqft

Source: Dubai Land Department. Updated 5 December 2018.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
1st of 14
Parking
B1-1243,1244
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5.15M · December 2018

About D02, Oceana - Caribbean

D02 is a three-bedroom apartment of 2,280 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 5 December 2018 for AED 5,150,000, or AED 2,258 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 September 2018, is AED 300,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 52,700 a year.

Sales and rents for D02 over time

Sales
Unit D02, each saleTypical three-bed in Oceana - Caribbean
2M4M6M2010201420182022Typical 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, January 2011: AED 2,583,333 (AED 1,133 per sqft)Sold, December 2018: AED 5,150,000 (AED 2,258 per sqft)

D02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit D02, 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 405,000New contract, July 2013: AED 305,000 a yearNew contract, July 2014: AED 340,000 a yearNew contract, July 2015: AED 315,000 a yearRenewal, July 2016: AED 315,000 a yearNew contract, September 2017: AED 300,000 a yearRenewal, September 2018: AED 300,000 a year

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 D02 sits

All 26 3-beds →

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. D02's AED 300,000 is in the lower half of that range.

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 1st floor

All 92 units in Oceana - Caribbean
Value
D012-bedAED 5.1M · Jun 2022
D031-bedAED 3.05M · Apr 2024
D041-bedAED 2.55M · Jun 2022
D053-bedAED 2.58M · Jan 2011
D062-bedAED 2.44M · Jan 2011

D02, Oceana - Caribbean in numbers

  • Sold twice: first on 4 January 2011 for AED 2,583,333, last on 5 December 2018 for AED 5,150,000 (AED 2,258 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 305,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2018 price is 5.8%, before a service charge of about AED 52,700 a year (AED 23.10 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 5 December 2018.

Questions about D02, Oceana - Caribbean

What did unit D02 last sell for?

AED 5,150,000 on 5 December 2018: AED 2,258 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,583,333 in January 2011.

What is the rent for unit D02?

AED 300,000 a year on the contract renewed on 10 September 2018. The previous contract, from September 2017, was AED 300,000; the unit has been rented since July 2013.

How big is unit D02?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D02 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 D02, Oceana - Caribbean

Starts from the last sale price (AED 5.15M, 5 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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