2-bed · 1,709 sqftOceana - Southern, Palm Jumeirah · 11th floor · completed 2010

1001, Oceana - Southern

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 2.74M26 January 2011
Current rentAED 285K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Oceana - Southern

What is 1001 worth today?

Last sold for AED 2,742,088 in 2011

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19 Jan 2026RentedNew contract
AED 285,000/yr12 months · AED 167 per sqft
1 Jun 2025RentedRenewal
AED 240,000/yr6 months · AED 140 per sqft
1 Jun 2024RentedNew contract
AED 240,000/yr12 months · AED 140 per sqft
21 Mar 2023RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
21 Feb 2019RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft
30 Sep 2013RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft
26 Jan 2011Sold by developerReady
AED 2,742,088AED 1,604 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
11th of 14
Parking
B1-1403
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.74M · January 2011

About 1001, Oceana - Southern

1001 is a two-bedroom apartment of 1,709 sqft on the 11th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 26 January 2011 for AED 2,742,088, or AED 1,604 per sqft, 6% above the AED 1,509 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 19 January 2026, is AED 285,000 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Oceana - Southern
3M4M2010201420182022Typical sale price by year: 2010 AED 2,633,847; 2011 AED 2,513,750; 2012 AED 2,845,000; 2013 AED 3,800,000; 2015 AED 3,950,000; 2017 AED 3,210,610; 2018 AED 3,250,000; 2022 AED 3,552,304; 2023 AED 4,125,000; 2024 AED 4,296,648Sold by developer, January 2011: AED 2,742,088 (AED 1,604 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Oceana - Southern
200K300K2013201720212025Typical rent by year: 2013 AED 192,000; 2014 AED 215,000; 2015 AED 220,000; 2016 AED 190,000; 2017 AED 186,000; 2018 AED 175,000; 2019 AED 150,000; 2020 AED 142,500; 2021 AED 145,000; 2022 AED 162,500; 2023 AED 210,000; 2024 AED 240,000; 2025 AED 272,500; 2026 AED 285,000New contract, September 2013: AED 230,000 a yearNew contract, February 2019: AED 165,000 a yearRenewal, March 2023: AED 200,000 a yearNew contract, June 2024: AED 240,000 a yearRenewal, June 2025: AED 240,000 a yearNew contract, January 2026: AED 285,000 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 - Southern, and where 1001 sits

All 30 2-beds →

1001 last sold in January 2011 at AED 1,604 per sqft, 6% above what two-beds in Oceana - Southern were fetching at the time (AED 1,509). Over the last 12 months two-beds sold for AED 4,950,000 to 7,400,000, around AED 3,613 per sqft, and rent for AED 205,000 to 450,000 a year. 1001's AED 285,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20264,950,000
8 May 20267,400,000
29 Aug 20244,700,000
20 Jun 20244,000,000
2 2-bed sales in the last 12 months

Oceana - Southern

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 5 sold in the last 12 months.

Typical price per sqft
AED 2,896
Typical sale
AED 4.1M
Typical rent
AED 220K /yr
Typical yield
5.3%
Oceana - Southern, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Southern
Value
10023-bedAED 9.3M · Oct 2024
10031-bedAED 1.95M · Sep 2010
10041-bedAED 1.95M · Sep 2010
10053-bedAED 3.71M · Mar 2011
10062-bedAED 4.35M · Dec 2022

1001, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 26 January 2011 for AED 2,742,088, or AED 1,604 per sqft.
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 230,000 to AED 165,000 in 2019 and recovered to AED 285,000 by January 2026.
  • At AED 285,000 a year the gross yield on the 2011 price is 10.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
  • Two-beds in Oceana - Southern sold for AED 4,950,000–7,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,896 per sqft.

Source: Dubai Land Department. Updated 19 January 2026.

Questions about 1001, Oceana - Southern

What did unit 1001 last sell for?

AED 2,742,088 on 26 January 2011, sold by the developer: AED 1,604 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 285,000 a year on the contract signed on 19 January 2026. The previous contract, from June 2025, was AED 240,000; the unit has been rented since September 2013.

How big is unit 1001?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Southern sold for AED 4,950,000 to 7,400,000 in the last 12 months, around AED 3,613 per sqft.

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Mortgage on 1001, Oceana - Southern

Starts from the last sale price (AED 2.74M, 26 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,742,088
Deposit, UAE resident (20%)
AED 548,418
Deposit, non-resident (40%)
AED 1,096,835
Monthly over 25 years at 3.7%
AED 11,219

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