1201, Oceana - Southern
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Oceana - Southern
What is 1201 worth today?
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Source: Dubai Land Department. Updated 16 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 13th of 14
- Parking
- B2-2434
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 5.25M · April 2024
- Building
- Oceana - Southern
About 1201, Oceana - Southern
1201 is a two-bedroom apartment of 1,709 sqft on the 13th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 26 April 2024 for AED 5,250,000, or AED 3,071 per sqft, 22% above the AED 2,515 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 16 January 2025, is AED 220,008 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1201 over time
1201 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 1201 sits
All 30 2-beds →1201 last sold in April 2024 at AED 3,071 per sqft, 22% above what two-beds in Oceana - Southern were fetching at the time (AED 2,515). 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. 1201's AED 220,008 is in the lower half 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 13th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 2,440 sqft | AED 11.4MAED 11,400,000 · Mar 2023March 2023 | ||
| 1203 | 1-bed | 1,338 sqft | AED 3MAED 3,000,000 · Apr 2014April 2014 | 200,000 /yr | |
| 1204 | 1-bed | 892 sqft | AED 1.65MAED 1,650,000 · Jun 2024June 2024 | 170,000 /yr | |
| 1205 | 3-bed | 2,280 sqft | AED 6.58MAED 6,580,000 · Apr 2024April 2024 | 250,331 /yr | |
| 1206 | 2-bed | 1,709 sqft | AED 4.7MAED 4,700,000 · Apr 2023April 2023 | 150,000 /yr |
1201, Oceana - Southern in numbers
- Sold 3 times: first on 19 January 2011 for AED 1,407,124, last on 26 April 2024 for AED 5,250,000 (AED 3,071 per sqft).
- Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 170,000 in 2021 and recovered to AED 220,008 by January 2025.
- At AED 220,008 a year the gross yield on the 2024 price is 4.2%, 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 16 January 2025.
Questions about 1201, Oceana - Southern
What did unit 1201 last sell for?
AED 5,250,000 on 26 April 2024: AED 3,071 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 1,407,124 in January 2011.
What is the rent for unit 1201?
AED 220,008 a year on the contract signed on 16 January 2025. The previous contract, from January 2025, was AED 220,008; the unit has been rented since March 2016.
How big is unit 1201?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1201 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 1201, Oceana - Southern
Starts from the last sale price (AED 5.25M, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,250,000
- Deposit, UAE resident (20%)
- AED 1,050,000
- Deposit, non-resident (40%)
- AED 2,100,000
- Monthly over 25 years at 3.7%
- AED 21,479
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →