1-bed · 1,491 sqftOceana - Caribbean, Palm Jumeirah · Ground floor · completed 2010

G03, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 3 August 2021
Last soldAED 1.6M28 June 2021
Current rentAED 68K /yr3 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Oceana - Caribbean

What is G03 worth today?

Last sold for AED 1,600,000 in 2021

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3 Aug 2021RentedRenewal
AED 67,500/yr12 months · AED 45 per sqft
28 Jun 2021SoldReady
AED 1,600,000AED 1,073 per sqft
3 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
3 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 64 per sqft
1 Jul 2018RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft
3 Oct 2013RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
13 Aug 2012SoldReady
AED 1,150,000AED 771 per sqft
7 Aug 2012Sold by developerReady
AED 1,431,360AED 960 per sqft

Source: Dubai Land Department. Updated 3 August 2021.

Key facts

Type
1-bed apartment
Size
1,491 sqft
Floor
Ground of 14
Parking
B1-1158
Developer
Seven Tides
Completed
2010
Service charge
AED 34,400 /yr
Last sold
AED 1.6M · June 2021

About G03, Oceana - Caribbean

G03 is a one-bedroom apartment of 1,491 sqft on the ground floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 June 2021 for AED 1,600,000, or AED 1,073 per sqft, 19% below the AED 1,326 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 3 August 2021, is AED 67,500 a year: a gross yield of 4.2% on the 2021 price, before the service charge of about AED 34,400 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, August 2012: AED 1,150,000 (AED 771 per sqft)Sold by developer, August 2012: AED 1,431,360 (AED 960 per sqft)Sold, June 2021: AED 1,600,000 (AED 1,073 per sqft)

G03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, each contractTypical one-bed in Oceana - Caribbean
100K200K2013201720212025Typical 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, October 2013: AED 130,000 a yearNew contract, July 2018: AED 105,000 a yearNew contract, August 2019: AED 95,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 67,500 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 G03 sits

All 34 1-beds →

G03 last sold in June 2021 at AED 1,073 per sqft, 19% below 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. G03's AED 67,500 is at the bottom 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 ground floor

All 92 units in Oceana - Caribbean
Value
G012-bedAED 4.5M · Aug 2014
G021-bedAED 1.38M · May 2014
G041-bedAED 1.8M · Apr 2018
G051-bedAED 2.2M · Jan 2022
G061-bedAED 2.85M · Dec 2024
G071-bedAED 3.8M · Aug 2025
G082-bedAED 7.1M · Sep 2024

G03, Oceana - Caribbean in numbers

  • Sold 3 times: first on 7 August 2012 for AED 1,431,360, last on 28 June 2021 for AED 1,600,000 (AED 1,073 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 130,000 to AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2021 price is 4.2%, before a service charge of about AED 34,400 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 3 August 2021.

Questions about G03, Oceana - Caribbean

What did unit G03 last sell for?

AED 1,600,000 on 28 June 2021: AED 1,073 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,431,360 in August 2012.

What is the rent for unit G03?

AED 67,500 a year on the contract renewed on 3 August 2021. The previous contract, from August 2020, was AED 90,000; the unit has been rented since October 2013.

How big is unit G03?

1,491 sqft (138.5 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G03 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 G03, Oceana - Caribbean

Starts from the last sale price (AED 1.6M, 28 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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