PR03, Oceana - Caribbean
Sold prices and rental history: sold twice, last in March 2023, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PR03, Oceana - Caribbean
What is PR03 worth today?
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Source: Dubai Land Department. Updated 27 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,444 sqft
- Floor
- -1th of 14
- Parking
- B1-1B2-4,1B2-5
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,500 /yr
- Last sold
- AED 4.25M · March 2023
- Building
- Oceana - Caribbean
About PR03, Oceana - Caribbean
PR03 is a two-bedroom apartment of 2,444 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 27 March 2023 for AED 4,250,000, or AED 1,739 per sqft, 16% below the AED 2,064 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2019. The current contract, signed on 8 August 2019, is AED 135,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 56,500 a year.
Sales and rents for PR03 over time
PR03 has sold twice; the dashed line is the two-bed median of each year in the building.
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 PR03 sits
All 30 2-beds →PR03 last sold in March 2023 at AED 1,739 per sqft, 16% below what two-beds in Oceana - Caribbean were fetching at the time (AED 2,064). 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. PR03's AED 135,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202617 March 2026 | 1,709 sqft | 6,600,000 | 3,861 | ||
| 29 Mar 202529 March 2025 | 1,709 sqft | 6,525,000 | 3,817 | ||
| 27 Sep 202427 September 2024 | 1,955 sqft | 7,100,000 | 3,632 | ||
| 4 Jul 20244 July 2024 | 1,709 sqft | 5,555,000 | 3,250 |
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 - CaribbeanPR03, Oceana - Caribbean in numbers
- Sold twice: first on 4 June 2012 for AED 2,500,000, last on 27 March 2023 for AED 4,250,000 (AED 1,739 per sqft).
- Rented since August 2019 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 3.2%, before a service charge of about AED 56,500 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 27 March 2023.
Questions about PR03, Oceana - Caribbean
What did unit PR03 last sell for?
AED 4,250,000 on 27 March 2023: AED 1,739 per sqft for 2,444 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in June 2012.
What is the rent for unit PR03?
AED 135,000 a year on the contract signed on 8 August 2019.
How big is unit PR03?
2,444 sqft (227.1 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.
What is unit PR03 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 PR03, Oceana - Caribbean
Starts from the last sale price (AED 4.25M, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →