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2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 11th floor · completed 2010

1006, Oceana - Pacific

Sold prices and rental history: sold 3 times, last in June 2021, and rented once, from August 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 4.1M1 June 2021
Current rentAED 230K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1006, Oceana - Pacific

What is 1006 worth today?

Last sold for AED 4,100,000 in 2021

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1 Jun 2021SoldReady
AED 4,100,000AED 2,398 per sqft
1 Aug 2016RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft
5 Nov 2014SoldReady
AED 4,500,000AED 2,632 per sqft
8 Aug 2011Sold by developerReady
AED 2,627,834AED 1,537 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
11th of 14
Parking
B2-2237
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.1M · June 2021
Building
Oceana - Pacific

About 1006, Oceana - Pacific

1006 is a two-bedroom apartment of 1,709 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 1 June 2021 for AED 4,100,000, or AED 2,398 per sqft, 44% above the AED 1,671 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2016. The current contract, signed on 1 August 2016, is AED 230,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Oceana - Pacific
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 2,487,000; 2011 AED 2,454,950; 2012 AED 2,825,000; 2014 AED 4,637,875; 2016 AED 4,000,000; 2021 AED 3,500,000; 2023 AED 5,250,000; 2024 AED 5,800,000; 2025 AED 6,600,000Sold by developer, August 2011: AED 2,627,834 (AED 1,537 per sqft)Sold, November 2014: AED 4,500,000 (AED 2,632 per sqft)Sold, June 2021: AED 4,100,000 (AED 2,398 per sqft)

1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Oceana - Pacific
200K300K2012201620202024Typical rent by year: 2012 AED 202,500; 2013 AED 197,500; 2014 AED 230,000; 2015 AED 220,000; 2016 AED 213,500; 2017 AED 210,000; 2018 AED 195,000; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 165,000; 2022 AED 195,000; 2023 AED 182,908; 2024 AED 285,000; 2025 AED 285,000; 2026 AED 280,000New contract, August 2016: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceana - Pacific, and where 1006 sits

All 30 2-beds →

1006 last sold in June 2021 at AED 2,398 per sqft, 44% above what two-beds in Oceana - Pacific were fetching at the time (AED 1,671). Over the last 12 months two-beds sold for AED 5,750,000 to 6,600,000, around AED 3,613 per sqft, and rent for AED 200,000 to 300,000 a year. 1006's AED 230,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20265,750,000
30 Dec 20256,600,000
3 Nov 20256,850,000
9 Jun 20256,000,000
2 2-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
10053-bedAED 7.2M · Jan 2023

1006, Oceana - Pacific in numbers

  • Sold 3 times: first on 8 August 2011 for AED 2,627,834, last on 1 June 2021 for AED 4,100,000 (AED 2,398 per sqft).
  • Rented since August 2016 on one Ejari contract, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
  • Two-beds in Oceana - Pacific sold for AED 5,750,000–6,600,000 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 1 June 2021.

Questions about 1006, Oceana - Pacific

What did unit 1006 last sell for?

AED 4,100,000 on 1 June 2021: AED 2,398 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,627,834 in August 2011.

What is the rent for unit 1006?

AED 230,000 a year on the contract signed on 1 August 2016.

How big is unit 1006?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Pacific sold for AED 5,750,000 to 6,600,000 in the last 12 months, around AED 3,613 per sqft.

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Mortgage on 1006, Oceana - Pacific

Starts from the last sale price (AED 4.1M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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