1-bed · 1,338 sqftOceana - Pacific, Palm Jumeirah · 7th floor · completed 2010

604, Oceana - Pacific

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 9 June 2015
Last soldAED 3.3M9 June 2015
Current rentAED 164K /yr4 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Oceana - Pacific

What is 604 worth today?

Last sold for AED 3,300,000 in 2015

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9 Jun 2015SoldReady
AED 3,300,000AED 2,466 per sqft
4 Nov 2014RentedRenewal
AED 164,000/yr12 months · AED 123 per sqft
4 Nov 2013RentedRenewal
AED 136,500/yr12 months · AED 102 per sqft
4 Nov 2012RentedNew contract
AED 136,500/yr12 months · AED 102 per sqft
4 Nov 2011RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
26 Oct 2011Sold by developerReady
AED 883,404AED 660 per sqft

Source: Dubai Land Department. Updated 9 June 2015.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
7th of 14
Parking
B1-1308
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.3M · June 2015

About 604, Oceana - Pacific

604 is a one-bedroom apartment of 1,338 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 9 June 2015 for AED 3,300,000, or AED 2,466 per sqft.

It has been rented continuously since 2011 on 4 Ejari contracts. The current contract, renewed on 4 November 2014, is AED 164,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 30,900 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 2011: AED 883,404 (AED 660 per sqft)Sold, June 2015: AED 3,300,000 (AED 2,466 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Oceana - Pacific
150K200K20112015201920232027Typical 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, November 2011: AED 130,000 a yearNew contract, November 2012: AED 136,500 a yearRenewal, November 2013: AED 136,500 a yearRenewal, November 2014: AED 164,000 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 604 sits

All 34 1-beds →

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. 604's AED 164,000 is in the lower half 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 7th floor

All 92 units in Oceana - Pacific
Value
6012-bedAED 3.9M · Jun 2016
6023-bedAED 3.21M · Oct 2010
6031-bedAED 2.35M · Mar 2013
6053-bedAED 3.85M · Aug 2011
6062-bedAED 4.05M · Feb 2016

604, Oceana - Pacific in numbers

  • Sold twice: first on 26 October 2011 for AED 883,404, last on 9 June 2015 for AED 3,300,000 (AED 2,466 per sqft).
  • Rented since November 2011 on 4 Ejari contracts, from AED 130,000 to AED 164,000 a year.
  • At AED 164,000 a year the gross yield on the 2015 price is 5.0%, 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 9 June 2015.

Questions about 604, Oceana - Pacific

What did unit 604 last sell for?

AED 3,300,000 on 9 June 2015: AED 2,466 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 883,404 in October 2011.

What is the rent for unit 604?

AED 164,000 a year on the contract renewed on 4 November 2014. The previous contract, from November 2013, was AED 136,500; the unit has been rented since November 2011.

How big is unit 604?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.

What is unit 604 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 604, Oceana - Pacific

Starts from the last sale price (AED 3.3M, 9 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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