2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 5th floor · completed 2010

401, Oceana - Pacific

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 5.8M24 October 2023
Current rentAED 176K /yr24 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Oceana - Pacific

What is 401 worth today?

Last sold for AED 5,800,000 in 2023

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24 Oct 2023SoldReady
AED 5,800,000AED 3,393 per sqft
24 Oct 2023RentedNew contract
AED 175,815/yr6 months · AED 103 per sqft
1 May 2023RentedRenewal
AED 175,000/yr12 months · AED 102 per sqft
1 May 2022RentedRenewal
AED 175,000/yr12 months · AED 102 per sqft
1 May 2021RentedRenewal
AED 175,000/yr12 months · AED 102 per sqft
1 May 2020RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
1 May 2019RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft
1 Feb 2019RentedRenewal
AED 195,000/yr3 months · AED 114 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
5th of 14
Parking
B1-1230
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.8M · October 2023

About 401, Oceana - Pacific

401 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 October 2023 for AED 5,800,000, or AED 3,393 per sqft, 26% above the AED 2,685 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 24 October 2023, is AED 175,815 a year: a gross yield of 3.0% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2010: AED 2,374,271 (AED 1,389 per sqft)Sold, October 2023: AED 5,800,000 (AED 3,393 per sqft)

401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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, June 2012: AED 170,000 a yearNew contract, April 2013: AED 210,000 a yearNew contract, April 2014: AED 210,000 a yearRenewal, April 2015: AED 210,000 a yearRenewal, April 2016: AED 210,000 a yearRenewal, April 2017: AED 210,000 a yearNew contract, April 2018: AED 208,936 a yearRenewal, February 2019: AED 195,000 a yearRenewal, May 2019: AED 190,000 a yearNew contract, May 2020: AED 180,000 a yearRenewal, May 2021: AED 175,000 a yearRenewal, May 2022: AED 175,000 a yearRenewal, May 2023: AED 175,000 a yearNew contract, October 2023: AED 175,815 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 401 sits

All 30 2-beds →

401 last sold in October 2023 at AED 3,393 per sqft, 26% above what two-beds in Oceana - Pacific were fetching at the time (AED 2,685). 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. 401's AED 175,815 is at the bottom 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 5th floor

All 92 units in Oceana - Pacific
Value
4023-bedAED 7.15M · Sep 2023
4031-bedAED 1.69M · Oct 2010
4041-bedAED 850K · Jan 2011
4053-bedAED 9.2M · Dec 2025
4062-bedAED 2.4M · Nov 2010

401, Oceana - Pacific in numbers

  • Sold twice: first on 8 December 2010 for AED 2,374,271, last on 24 October 2023 for AED 5,800,000 (AED 3,393 per sqft).
  • Rented since June 2012 on 14 Ejari contracts, from AED 170,000 to AED 175,815 a year.
  • At AED 175,815 a year the gross yield on the 2023 price is 3.0%, 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 24 October 2023.

Questions about 401, Oceana - Pacific

What did unit 401 last sell for?

AED 5,800,000 on 24 October 2023: AED 3,393 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,374,271 in December 2010.

What is the rent for unit 401?

AED 175,815 a year on the contract signed on 24 October 2023. The previous contract, from May 2023, was AED 175,000; the unit has been rented since June 2012.

How big is unit 401?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 401 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 401, Oceana - Pacific

Starts from the last sale price (AED 5.8M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

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