1-bed · 1,338 sqftOceana - Southern, Palm Jumeirah · 12th floor · completed 2010

1104, Oceana - Southern

Sold prices and rental history: sold twice, last in December 2017, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 20 December 2017
Last soldAED 2.65M20 December 2017
Current rentAED 180K /yr28 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Oceana - Southern

What is 1104 worth today?

Last sold for AED 2,650,000 in 2017

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20 Dec 2017SoldReady
AED 2,650,000AED 1,980 per sqft
28 Sep 2014RentedNew contract
AED 180,000/yr12 months · AED 135 per sqft
28 Sep 2010Sold by developerReady
AED 1,971,654AED 1,473 per sqft

Source: Dubai Land Department. Updated 20 December 2017.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
12th of 14
Parking
B2-2428
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.65M · December 2017

About 1104, Oceana - Southern

1104 is a one-bedroom apartment of 1,338 sqft on the 12th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 20 December 2017 for AED 2,650,000, or AED 1,980 per sqft, in line with the AED 1,961 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2014. The current contract, signed on 28 September 2014, is AED 180,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in Oceana - Southern
2M3M4M2010201520202025Typical sale price by year: 2010 AED 1,946,048; 2011 AED 1,707,060; 2012 AED 1,807,680; 2013 AED 2,025,000; 2014 AED 2,500,000; 2015 AED 2,075,000; 2017 AED 2,625,000; 2022 AED 2,459,689; 2023 AED 2,743,500; 2024 AED 3,655,000; 2026 AED 3,750,000Sold by developer, September 2010: AED 1,971,654 (AED 1,473 per sqft)Sold, December 2017: AED 2,650,000 (AED 1,980 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Oceana - Southern
100K150K200K2012201620202024Typical rent by year: 2012 AED 131,750; 2013 AED 140,000; 2014 AED 152,500; 2015 AED 155,000; 2016 AED 157,500; 2017 AED 150,000; 2018 AED 132,500; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 140,000; 2023 AED 150,000; 2024 AED 164,149; 2025 AED 195,424; 2026 AED 175,000New contract, September 2014: AED 180,000 a year

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

1-beds in Oceana - Southern, and where 1104 sits

All 34 1-beds →

1104 last sold in December 2017 at AED 1,980 per sqft, in line with what one-beds in Oceana - Southern were fetching at the time (AED 1,961). Over the last 12 months one-beds sold for AED 3,500,000 to 4,100,000, around AED 2,802 per sqft, and rent for AED 55,000 to 425,000 a year. 1104's AED 180,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20263,750,000
11 May 20263,500,000
31 Mar 20264,100,000
11 Sep 20253,500,000
3 1-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 12th floor

All 92 units in Oceana - Southern
Value
11012-bedAED 3.28M · Apr 2018
11023-bedAED 3.58M · Jan 2011
11031-bedAED 1.97M · Dec 2010
11053-bedAED 5.5M · Apr 2023
11062-bedAED 2.78M · Nov 2012

1104, Oceana - Southern in numbers

  • Sold twice: first on 28 September 2010 for AED 1,971,654, last on 20 December 2017 for AED 2,650,000 (AED 1,980 per sqft).
  • Rented since September 2014 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Southern sold for AED 3,500,000–4,100,000 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 20 December 2017.

Questions about 1104, Oceana - Southern

What did unit 1104 last sell for?

AED 2,650,000 on 20 December 2017: AED 1,980 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,971,654 in September 2010.

What is the rent for unit 1104?

AED 180,000 a year on the contract signed on 28 September 2014.

How big is unit 1104?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Southern sold for AED 3,500,000 to 4,100,000 in the last 12 months, around AED 2,802 per sqft.

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Mortgage on 1104, Oceana - Southern

Starts from the last sale price (AED 2.65M, 20 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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