2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 8th floor · completed 2010

706, Oceana - Pacific

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 8 November 2021
Last soldAED 3.8M8 November 2021
Current rentAED 190K /yr28 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Oceana - Pacific

What is 706 worth today?

Last sold for AED 3,800,000 in 2021

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8 Nov 2021SoldReady
AED 3,800,000AED 2,223 per sqft
28 Jun 2017RentedRenewal
AED 190,000/yr36 months · AED 111 per sqft
28 Jun 2016RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft
22 Jun 2015RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft
22 May 2014RentedNew contract
AED 250,000/yr12 months · AED 146 per sqft
9 Dec 2010Sold by developerReady
AED 2,524,104AED 1,476 per sqft

Source: Dubai Land Department. Updated 8 November 2021.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
8th of 14
Parking
B1-1313
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.8M · November 2021

About 706, Oceana - Pacific

706 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 8 November 2021 for AED 3,800,000, or AED 2,223 per sqft, 13% above the AED 1,960 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 28 June 2017, is AED 190,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 39,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 2,524,104 (AED 1,476 per sqft)Sold, November 2021: AED 3,800,000 (AED 2,223 per sqft)

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

Rents
Unit 706, 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, May 2014: AED 250,000 a yearNew contract, June 2015: AED 225,000 a yearNew contract, June 2016: AED 230,000 a yearRenewal, June 2017: AED 190,000 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 706 sits

All 30 2-beds →

706 last sold in November 2021 at AED 2,223 per sqft, 13% above what two-beds in Oceana - Pacific were fetching at the time (AED 1,960). 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. 706's AED 190,000 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 8th floor

All 92 units in Oceana - Pacific
Value
7012-bedAED 5.8M · May 2024
7023-bedAED 4.43M · Aug 2021
7031-bedAED 2.45M · Feb 2013
7041-bedAED 4.43M · Jul 2025
7053-bedAED 6.38M · Aug 2022

706, Oceana - Pacific in numbers

  • Sold twice: first on 9 December 2010 for AED 2,524,104, last on 8 November 2021 for AED 3,800,000 (AED 2,223 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 250,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2021 price is 5.0%, 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 8 November 2021.

Questions about 706, Oceana - Pacific

What did unit 706 last sell for?

AED 3,800,000 on 8 November 2021: AED 2,223 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,524,104 in December 2010.

What is the rent for unit 706?

AED 190,000 a year on the contract renewed on 28 June 2017. The previous contract, from June 2016, was AED 230,000; the unit has been rented since May 2014.

How big is unit 706?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 706 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 706, Oceana - Pacific

Starts from the last sale price (AED 3.8M, 8 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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