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

D03, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D03 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 3.05M30 April 2024
Current rentAED 140K /yr12 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D03, Oceana - Caribbean

What is D03 worth today?

Last sold for AED 3,050,000 in 2024

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30 Apr 2024SoldReady
AED 3,050,000AED 2,279 per sqft
12 Jul 2023RentedRenewal
AED 140,160/yr5 months · AED 105 per sqft
12 Jul 2022RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
12 Jul 2021RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
10 Jun 2021SoldReady
AED 1,925,000AED 1,438 per sqft
12 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
12 Jul 2018RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
3 Jan 2017RentedNew contract
AED 155,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
1st of 14
Parking
B1-1164
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.05M · April 2024

About D03, Oceana - Caribbean

D03 is a one-bedroom apartment of 1,338 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 30 April 2024 for AED 3,050,000, or AED 2,279 per sqft, 5% below the AED 2,391 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 12 July 2023, is AED 140,160 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for D03 over time

Sales
Unit D03, 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, October 2010: AED 839,800 (AED 627 per sqft)Sold, June 2021: AED 1,925,000 (AED 1,438 per sqft)Sold, April 2024: AED 3,050,000 (AED 2,279 per sqft)

D03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit D03, 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, January 2017: AED 155,000 a yearNew contract, July 2018: AED 140,000 a yearRenewal, July 2019: AED 140,000 a yearNew contract, July 2021: AED 140,000 a yearRenewal, July 2022: AED 140,000 a yearRenewal, July 2023: AED 140,160 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 D03 sits

All 34 1-beds →

D03 last sold in April 2024 at AED 2,279 per sqft, 5% below what one-beds in Oceana - Caribbean were fetching at the time (AED 2,391). 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. D03's AED 140,160 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 1st floor

All 92 units in Oceana - Caribbean
Value
D012-bedAED 5.1M · Jun 2022
D023-bedAED 5.15M · Dec 2018
D041-bedAED 2.55M · Jun 2022
D053-bedAED 2.58M · Jan 2011
D062-bedAED 2.44M · Jan 2011

D03, Oceana - Caribbean in numbers

  • Sold 3 times: first on 11 October 2010 for AED 839,800, last on 30 April 2024 for AED 3,050,000 (AED 2,279 per sqft).
  • Rented since January 2017 on 6 Ejari contracts, from AED 155,000 to AED 140,160 a year.
  • At AED 140,160 a year the gross yield on the 2024 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 30 April 2024.

Questions about D03, Oceana - Caribbean

What did unit D03 last sell for?

AED 3,050,000 on 30 April 2024: AED 2,279 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 839,800 in October 2010.

What is the rent for unit D03?

AED 140,160 a year on the contract renewed on 12 July 2023. The previous contract, from July 2022, was AED 140,000; the unit has been rented since January 2017.

How big is unit D03?

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

What is unit D03 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 D03, Oceana - Caribbean

Starts from the last sale price (AED 3.05M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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