3-bed · 2,280 sqftOceana - Pacific, Palm Jumeirah · 11th floor · completed 2010

1005, Oceana - Pacific

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 7.2M25 January 2023
Current rentAED 240K /yr18 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Oceana - Pacific

What is 1005 worth today?

Last sold for AED 7,200,000 in 2023

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25 Jan 2023SoldReady
AED 7,200,000AED 3,158 per sqft
20 Dec 2020SoldReady
AED 3,200,000AED 1,403 per sqft
18 May 2019RentedNew contract
AED 240,000/yr12 months · AED 105 per sqft
1 Aug 2018RentedRenewal
AED 282,013/yr5 months · AED 124 per sqft
1 Aug 2017RentedNew contract
AED 280,000/yr12 months · AED 123 per sqft
1 Dec 2015RentedNew contract
AED 310,000/yr12 months · AED 136 per sqft
2 Jan 2011Sold by developerReady
AED 3,389,197AED 1,486 per sqft

Source: Dubai Land Department. Updated 25 January 2023.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
11th of 14
Parking
B2-2321.2322.2B1-17.2B1-16
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 7.2M · January 2023

About 1005, Oceana - Pacific

1005 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 25 January 2023 for AED 7,200,000, or AED 3,158 per sqft, 13% above the AED 2,796 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 18 May 2019, is AED 240,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Oceana - Pacific
5M10M20102014201820222026Typical sale price by year: 2010 AED 3,210,818; 2011 AED 3,255,413; 2012 AED 4,272,500; 2014 AED 6,400,000; 2019 AED 3,350,000; 2021 AED 4,850,000; 2022 AED 5,912,500; 2023 AED 7,100,000; 2025 AED 9,200,000Sold by developer, January 2011: AED 3,389,197 (AED 1,486 per sqft)Sold, December 2020: AED 3,200,000 (AED 1,403 per sqft)Sold, January 2023: AED 7,200,000 (AED 3,158 per sqft)

1005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Oceana - Pacific
200K300K400K2013201720212025Typical rent by year: 2013 AED 260,000; 2014 AED 295,000; 2015 AED 290,000; 2016 AED 290,000; 2017 AED 280,000; 2018 AED 280,000; 2019 AED 240,000; 2020 AED 217,500; 2021 AED 235,000; 2022 AED 262,500; 2023 AED 288,000; 2024 AED 330,000; 2025 AED 390,000; 2026 AED 370,000New contract, December 2015: AED 310,000 a yearNew contract, August 2017: AED 280,000 a yearRenewal, August 2018: AED 282,013 a yearNew contract, May 2019: AED 240,000 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 - Pacific, and where 1005 sits

All 26 3-beds →

1005 last sold in January 2023 at AED 3,158 per sqft, 13% above what three-beds in Oceana - Pacific were fetching at the time (AED 2,796). Over the last 12 months three-beds sold for AED 4,713,005 to 9,200,000, around AED 4,035 per sqft, and rent for AED 300,000 to 440,000 a year. 1005's AED 240,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 May 20264,713,005
20 Feb 20269,200,000
25 Dec 20259,200,000
28 Apr 20257,800,000
3 3-bed sales in the last 12 months

Oceana - Pacific

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 7 sold in the last 12 months.

Typical price per sqft
AED 3,364
Typical sale
AED 5.75M
Typical rent
AED 205K /yr
Typical yield
4.4%
Oceana - Pacific, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Pacific
Value
10012-bedAED 5.45M · Aug 2022
10023-bedAED 5.15M · Aug 2016
10031-bedAED 1.86M · Sep 2010
10041-bedAED 1.86M · Apr 2011
10062-bedAED 4.1M · Jun 2021

1005, Oceana - Pacific in numbers

  • Sold 3 times: first on 2 January 2011 for AED 3,389,197, last on 25 January 2023 for AED 7,200,000 (AED 3,158 per sqft).
  • Rented since December 2015 on 4 Ejari contracts, from AED 310,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
  • Three-beds in Oceana - Pacific sold for AED 4,713,005–9,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,364 per sqft.

Source: Dubai Land Department. Updated 25 January 2023.

Questions about 1005, Oceana - Pacific

What did unit 1005 last sell for?

AED 7,200,000 on 25 January 2023: AED 3,158 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,389,197 in January 2011.

What is the rent for unit 1005?

AED 240,000 a year on the contract signed on 18 May 2019. The previous contract, from August 2018, was AED 282,013; the unit has been rented since December 2015.

How big is unit 1005?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Pacific sold for AED 4,713,005 to 9,200,000 in the last 12 months, around AED 4,035 per sqft.

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Mortgage on 1005, Oceana - Pacific

Starts from the last sale price (AED 7.2M, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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