2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 7th floor · completed 2010

601, Oceana - Pacific

Sold prices and rental history: sold twice, last in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 21 June 2016
Last soldAED 3.9M21 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Oceana - Pacific

What is 601 worth today?

Last sold for AED 3,900,000 in 2016

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21 Jun 2016SoldReady
AED 3,900,000AED 2,281 per sqft
28 Sep 2010Sold by developerReady
AED 2,489,527AED 1,456 per sqft

Source: Dubai Land Department. Updated 21 June 2016.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
7th of 14
Parking
B1-1306
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.9M · June 2016

About 601, Oceana - Pacific

601 is a two-bedroom apartment of 1,709 sqft on the 7th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 21 June 2016 for AED 3,900,000, or AED 2,281 per sqft, in line with the AED 2,325 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, 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, September 2010: AED 2,489,527 (AED 1,456 per sqft)Sold, June 2016: AED 3,900,000 (AED 2,281 per sqft)

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

Rents
Unit 601, 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 280,000

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 601 sits

All 30 2-beds →

601 last sold in June 2016 at AED 2,281 per sqft, in line with what two-beds in Oceana - Pacific were fetching at the time (AED 2,325). 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.

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 7th floor

All 92 units in Oceana - Pacific
Value
6023-bedAED 3.21M · Oct 2010
6031-bedAED 2.35M · Mar 2013
6041-bedAED 3.3M · Jun 2015
6053-bedAED 3.85M · Aug 2011
6062-bedAED 4.05M · Feb 2016

601, Oceana - Pacific in numbers

  • Sold twice: first on 28 September 2010 for AED 2,489,527, last on 21 June 2016 for AED 3,900,000 (AED 2,281 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 21 June 2016.

Questions about 601, Oceana - Pacific

What did unit 601 last sell for?

AED 3,900,000 on 21 June 2016: AED 2,281 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,489,527 in September 2010.

How big is unit 601?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 601 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 601, Oceana - Pacific

Starts from the last sale price (AED 3.9M, 21 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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