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3-bed · 2,440 sqftOceana - Southern, Palm Jumeirah · 2nd floor · completed 2010

102, Oceana - Southern

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 6.8M19 July 2022
Current rentAED 230K /yr7 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 102, Oceana - Southern

What is 102 worth today?

Last sold for AED 6,800,000 in 2022

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19 Jul 2022SoldReady
AED 6,800,000AED 2,787 per sqft
7 Dec 2019RentedRenewal
AED 230,000/yr12 months · AED 94 per sqft
7 Dec 2018RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
26 Jul 2018RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
6 Nov 2014RentedNew contract
AED 350,000/yr12 months · AED 143 per sqft
6 May 2012SoldReady
AED 6,100,000AED 2,500 per sqft
2 Jan 2011Sold by developerReady
AED 3,102,240AED 1,271 per sqft

Source: Dubai Land Department. Updated 19 July 2022.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
2nd of 14
Parking
B2-2418,2419
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 6.8M · July 2022
Building
Oceana - Southern

About 102, Oceana - Southern

102 is a three-bedroom apartment of 2,440 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 19 July 2022 for AED 6,800,000, or AED 2,787 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 7 December 2019, is AED 230,000 a year: a gross yield of 3.4% on the 2022 price, before the service charge of about AED 56,400 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in Oceana - Southern
4M6M2010201420182022Typical sale price by year: 2010 AED 3,500,000; 2011 AED 3,303,886; 2012 AED 6,725,000; 2016 AED 5,775,000; 2021 AED 4,575,000; 2023 AED 5,500,000; 2024 AED 6,580,000Sold by developer, January 2011: AED 3,102,240 (AED 1,271 per sqft)Sold, May 2012: AED 6,100,000 (AED 2,500 per sqft)Sold, July 2022: AED 6,800,000 (AED 2,787 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in Oceana - Southern
200K300K400K2013201720212025Typical rent by year: 2013 AED 280,000; 2014 AED 300,000; 2015 AED 297,500; 2016 AED 265,000; 2017 AED 242,500; 2018 AED 240,000; 2019 AED 200,000; 2020 AED 201,081; 2021 AED 200,002; 2022 AED 235,000; 2023 AED 295,996; 2024 AED 360,000; 2025 AED 372,500; 2026 AED 375,000New contract, November 2014: AED 350,000 a yearNew contract, July 2018: AED 230,000 a yearNew contract, December 2018: AED 230,000 a yearRenewal, December 2019: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oceana - Southern, and where 102 sits

All 26 3-beds →

102's AED 230,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Oct 20249,300,000
10 Jun 20244,366,668
30 Apr 20246,020,000
2 Apr 20246,580,000
0 3-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
1012-bedAED 4.1M · Jun 2013
1031-bedAED 1.95M · Mar 2012
1041-bedAED 2.92M · May 2025
1053-bedAED 3.75M · Nov 2017
1062-bedAED 4.95M · Aug 2026

102, Oceana - Southern in numbers

  • Sold 3 times: first on 2 January 2011 for AED 3,102,240, last on 19 July 2022 for AED 6,800,000 (AED 2,787 per sqft).
  • Rented since November 2014 on 4 Ejari contracts, from AED 350,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 3.4%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 19 July 2022.

Questions about 102, Oceana - Southern

What did unit 102 last sell for?

AED 6,800,000 on 19 July 2022: AED 2,787 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,102,240 in January 2011.

What is the rent for unit 102?

AED 230,000 a year on the contract renewed on 7 December 2019. The previous contract, from December 2018, was AED 230,000; the unit has been rented since November 2014.

How big is unit 102?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 102, Oceana - Southern

Starts from the last sale price (AED 6.8M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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