1-bed · 1,338 sqftOceana - Pacific, Palm Jumeirah · 6th floor · completed 2010

503, Oceana - Pacific

Sold prices and rental history: sold twice, last in June 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 6 June 2022
Last soldAED 3M6 June 2022
Current rentAED 113K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Oceana - Pacific

What is 503 worth today?

Last sold for AED 3,000,000 in 2022

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6 Jun 2022SoldReady
AED 3,000,000AED 2,241 per sqft
1 Jan 2021RentedRenewal
AED 113,000/yr12 months · AED 85 per sqft
1 Jan 2020RentedNew contract
AED 123,000/yr12 months · AED 92 per sqft
13 Oct 2010Sold by developerReady
AED 1,742,268AED 1,301 per sqft

Source: Dubai Land Department. Updated 6 June 2022.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
6th of 14
Parking
B1-1303
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3M · June 2022

About 503, Oceana - Pacific

503 is a one-bedroom apartment of 1,338 sqft on the 6th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 6 June 2022 for AED 3,000,000, or AED 2,241 per sqft, 34% above the AED 1,677 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 113,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 30,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Oceana - Pacific
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,828,155; 2011 AED 1,635,933; 2012 AED 1,798,225; 2013 AED 2,350,000; 2014 AED 2,600,000; 2017 AED 2,150,000; 2022 AED 2,925,000; 2023 AED 3,100,000; 2024 AED 2,662,500; 2025 AED 4,350,000Sold by developer, October 2010: AED 1,742,268 (AED 1,301 per sqft)Sold, June 2022: AED 3,000,000 (AED 2,241 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Oceana - Pacific
100K150K200K2012201620202024Typical rent by year: 2012 AED 126,000; 2013 AED 150,796; 2014 AED 157,279; 2015 AED 160,000; 2016 AED 167,500; 2017 AED 160,000; 2018 AED 142,500; 2019 AED 131,000; 2020 AED 118,750; 2021 AED 117,500; 2022 AED 150,000; 2023 AED 156,000; 2024 AED 185,000; 2025 AED 198,918; 2026 AED 190,000New contract, January 2020: AED 123,000 a yearRenewal, January 2021: AED 113,000 a year

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

1-beds in Oceana - Pacific, and where 503 sits

All 34 1-beds →

503 last sold in June 2022 at AED 2,241 per sqft, 34% above what one-beds in Oceana - Pacific were fetching at the time (AED 1,677). Over the last 12 months one-beds sold for AED 4,400,000 to 5,200,000, around AED 2,975 per sqft, and rent for AED 140,000 to 205,000 a year. 503's AED 113,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jan 20264,400,000
17 Dec 20255,200,000
4 Jul 20254,425,000
19 May 20253,200,000
2 1-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 6th floor

All 92 units in Oceana - Pacific
Value
5012-bedAED 3.03M · Apr 2021
5023-bedAED 4.71M · May 2026
5041-bedAED 2.2M · Mar 2018
5053-bedAED 5.45M · Feb 2022
5062-bedAED 6.6M · Dec 2025

503, Oceana - Pacific in numbers

  • Sold twice: first on 13 October 2010 for AED 1,742,268, last on 6 June 2022 for AED 3,000,000 (AED 2,241 per sqft).
  • Rented since January 2020 on 2 Ejari contracts, from AED 123,000 to AED 113,000 a year.
  • At AED 113,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Pacific sold for AED 4,400,000–5,200,000 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 6 June 2022.

Questions about 503, Oceana - Pacific

What did unit 503 last sell for?

AED 3,000,000 on 6 June 2022: AED 2,241 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,742,268 in October 2010.

What is the rent for unit 503?

AED 113,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2020, was AED 123,000.

How big is unit 503?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Pacific sold for AED 4,400,000 to 5,200,000 in the last 12 months, around AED 2,975 per sqft.

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Mortgage on 503, Oceana - Pacific

Starts from the last sale price (AED 3M, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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