1006, Oceana - Southern
Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Oceana - Southern
What is 1006 worth today?
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Source: Dubai Land Department. Updated 8 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 11th of 14
- Parking
- B1-1404
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.35M · December 2022
- Building
- Oceana - Southern
About 1006, Oceana - Southern
1006 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. It last sold on 8 December 2022 for AED 4,350,000, or AED 2,545 per sqft, 28% above the AED 1,991 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 November 2021, is AED 133,250 a year: a gross yield of 3.1% on the 2022 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1006 over time
1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1006 sits
All 30 2-beds →1006 last sold in December 2022 at AED 2,545 per sqft, 28% above what two-beds in Oceana - Southern were fetching at the time (AED 1,991). 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. 1006's AED 133,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,709 sqft | 4,950,000 | 2,896 | ||
| 8 May 20268 May 2026 | 1,709 sqft | 7,400,000 | 4,329 | ||
| 29 Aug 202429 August 2024 | 1,709 sqft | 4,700,000 | 2,749 | ||
| 20 Jun 202420 June 2024 | 2,444 sqft | 4,000,000 | 1,636 |
Oceana - Southern
Building92 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
- 5.2%
Other units on the 11th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.74MAED 2,742,088 · Jan 2011January 2011 | 285,000 /yr | |
| 1002 | 3-bed | 2,440 sqft | AED 9.3MAED 9,300,000 · Oct 2024October 2024 | 500,000 /yr | |
| 1003 | 1-bed | 1,338 sqft | AED 1.95MAED 1,946,048 · Sep 2010September 2010 | 160,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.95MAED 1,946,048 · Sep 2010September 2010 | 180,000 /yr | |
| 1005 | 3-bed | 2,280 sqft | AED 3.71MAED 3,712,088 · Mar 2011March 2011 | 180,000 /yr |
1006, Oceana - Southern in numbers
- Sold 3 times: first on 11 May 2011 for AED 2,400,000, last on 8 December 2022 for AED 4,350,000 (AED 2,545 per sqft).
- Rented since May 2019 on 3 Ejari contracts, from AED 105,000 to AED 133,250 a year.
- At AED 133,250 a year the gross yield on the 2022 price is 3.1%, 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 8 December 2022.
Questions about 1006, Oceana - Southern
What did unit 1006 last sell for?
AED 4,350,000 on 8 December 2022: AED 2,545 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in May 2011.
What is the rent for unit 1006?
AED 133,250 a year on the contract renewed on 15 November 2021. The previous contract, from November 2020, was AED 130,000; the unit has been rented since May 2019.
How big is unit 1006?
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 1006 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 1006, Oceana - Southern
Starts from the last sale price (AED 4.35M, 8 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,350,000
- Deposit, UAE resident (20%)
- AED 870,000
- Deposit, non-resident (40%)
- AED 1,740,000
- Monthly over 25 years at 3.7%
- AED 17,797
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →