PR01, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PR01, Oceana - Caribbean
What is PR01 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,891 sqft
- Floor
- -1th of 14
- Parking
- B1-1B2-9,1B2-10
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 43,700 /yr
- Last sold
- AED 2.2M · December 2021
- Building
- Oceana - Caribbean
About PR01, Oceana - Caribbean
PR01 is a one-bedroom apartment of 1,891 sqft on the -1th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 15 December 2021 for AED 2,200,000, or AED 1,163 per sqft, 12% below the AED 1,326 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 250,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 43,700 a year.
Sales and rents for PR01 over time
PR01 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 PR01 sits
All 34 1-beds →PR01 last sold in December 2021 at AED 1,163 per sqft, 12% 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. PR01's AED 250,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,338 sqft | 5,250,000 | 3,923 | ||
| 9 Mar 20269 March 2026 | 1,338 sqft | 4,050,000 | 3,026 | ||
| 12 Aug 202512 August 2025 | 1,375 sqft | 3,800,000 | 2,763 | ||
| 4 Aug 20254 August 2025 | 1,338 sqft | 4,400,000 | 3,288 |
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 -1th floor
All 92 units in Oceana - CaribbeanPR01, Oceana - Caribbean in numbers
- Sold 3 times: first on 23 October 2012 for AED 1,985,550, last on 15 December 2021 for AED 2,200,000 (AED 1,163 per sqft).
- Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 250,000 by April 2024.
- At AED 250,000 a year the gross yield on the 2021 price is 11.4%, before a service charge of about AED 43,700 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 1 April 2024.
Questions about PR01, Oceana - Caribbean
What did unit PR01 last sell for?
AED 2,200,000 on 15 December 2021: AED 1,163 per sqft for 1,891 sqft. The unit has 3 registered sales; the first was AED 1,985,550 in October 2012.
What is the rent for unit PR01?
AED 250,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 250,000; the unit has been rented since April 2017.
How big is unit PR01?
1,891 sqft (175.7 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.
What is unit PR01 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 PR01, Oceana - Caribbean
Starts from the last sale price (AED 2.2M, 15 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →