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2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 4th floor · completed 2010

301, Oceana - Pacific

Sold prices and rental history: sold 3 times, last in August 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 27 August 2015
Last soldAED 2.03M27 August 2015
Current rentAED 230K /yr15 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Oceana - Pacific

What is 301 worth today?

Last sold for AED 2,025,000 in 2015

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27 Aug 2015SoldReady
AED 2,025,000AED 1,184 per sqft
15 Jan 2014RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft
24 Dec 2012SoldReady
AED 3,150,000AED 1,842 per sqft
13 Feb 2012RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
13 Apr 2011Sold by developerReady
AED 2,339,694AED 1,368 per sqft

Source: Dubai Land Department. Updated 27 August 2015.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
4th of 14
Parking
B1-1301
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.03M · August 2015
Building
Oceana - Pacific

About 301, Oceana - Pacific

301 is a two-bedroom apartment of 1,709 sqft on the 4th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 27 August 2015 for AED 2,025,000, or AED 1,184 per sqft.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 January 2014, is AED 230,000 a year: a gross yield of 11.4% on the 2015 price, before the service charge of about AED 39,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Oceana - Pacific
2.5M5M20102014201820222026Typical 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, April 2011: AED 2,339,694 (AED 1,368 per sqft)Sold, December 2012: AED 3,150,000 (AED 1,842 per sqft)Sold, August 2015: AED 2,025,000 (AED 1,184 per sqft)

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

Rents
Unit 301, 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, February 2012: AED 220,000 a yearNew contract, January 2014: 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 301 sits

All 30 2-beds →

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. 301'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 4th floor

All 92 units in Oceana - Pacific
Value
3023-bedAED 9.65M · Mar 2025
3031-bedAED 1.66M · Sep 2010
3041-bedAED 2.93M · Nov 2022
3053-bedAED 2.95M · Feb 2011
3062-bedAED 1.18M · Jan 2011

301, Oceana - Pacific in numbers

  • Sold 3 times: first on 13 April 2011 for AED 2,339,694, last on 27 August 2015 for AED 2,025,000 (AED 1,184 per sqft).
  • Rented since February 2012 on 2 Ejari contracts, from AED 220,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2015 price is 11.4%, 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 27 August 2015.

Questions about 301, Oceana - Pacific

What did unit 301 last sell for?

AED 2,025,000 on 27 August 2015: AED 1,184 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,339,694 in April 2011.

What is the rent for unit 301?

AED 230,000 a year on the contract signed on 15 January 2014. The previous contract, from February 2012, was AED 220,000.

How big is unit 301?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 301 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 301, Oceana - Pacific

Starts from the last sale price (AED 2.03M, 27 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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