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

101, Oceana - Southern

Sold prices and rental history: sold 3 times, last in June 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 15 March 2019
Last soldAED 4.1M27 June 2013
Current rentAED 160K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Oceana - Southern

What is 101 worth today?

Last sold for AED 4,100,000 in 2013

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15 Mar 2019RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
15 Sep 2018RentedRenewal
AED 194,460/yr12 months · AED 114 per sqft
15 Sep 2017RentedNew contract
AED 195,000/yr12 months · AED 114 per sqft
27 Jun 2013SoldReady
AED 4,100,000AED 2,398 per sqft
28 May 2013SoldReady
AED 3,500,000AED 2,047 per sqft
16 Jun 2011Sold by developerReady
AED 2,405,340AED 1,407 per sqft

Source: Dubai Land Department. Updated 15 March 2019.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
2nd of 14
Parking
B2-2420
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.1M · June 2013

About 101, Oceana - Southern

101 is a two-bedroom apartment of 1,709 sqft on the 2nd floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 27 June 2013 for AED 4,100,000, or AED 2,398 per sqft, 38% above the AED 1,740 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 March 2019, is AED 160,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 39,500 a year.

Sales and rents for 101 over time

Sales
Unit 101, 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, June 2011: AED 2,405,340 (AED 1,407 per sqft)Sold, May 2013: AED 3,500,000 (AED 2,047 per sqft)Sold, June 2013: AED 4,100,000 (AED 2,398 per sqft)

101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 101, 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 2017: AED 195,000 a yearRenewal, September 2018: AED 194,460 a yearNew contract, March 2019: AED 160,000 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 101 sits

All 30 2-beds →

101 last sold in June 2013 at AED 2,398 per sqft, 38% above what two-beds in Oceana - Southern were fetching at the time (AED 1,740). 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. 101's AED 160,000 is at the bottom 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
5.2%
Oceana - Southern, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 92 units in Oceana - Southern
Value
1023-bedAED 6.8M · Jul 2022
1031-bedAED 1.95M · Mar 2012
1041-bedAED 2.92M · May 2025
1053-bedAED 3.75M · Nov 2017
1062-bedAED 4.95M · Aug 2026

101, Oceana - Southern in numbers

  • Sold 3 times: first on 16 June 2011 for AED 2,405,340, last on 27 June 2013 for AED 4,100,000 (AED 2,398 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 195,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 3.9%, 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 15 March 2019.

Questions about 101, Oceana - Southern

What did unit 101 last sell for?

AED 4,100,000 on 27 June 2013: AED 2,398 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,405,340 in June 2011.

What is the rent for unit 101?

AED 160,000 a year on the contract signed on 15 March 2019. The previous contract, from September 2018, was AED 194,460; the unit has been rented since September 2017.

How big is unit 101?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 101 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 101, Oceana - Southern

Starts from the last sale price (AED 4.1M, 27 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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