1203, Oceana - Southern
Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Oceana - Southern
What is 1203 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 13th of 14
- Parking
- B2-2437
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 3M · April 2014
- Building
- Oceana - Southern
About 1203, Oceana - Southern
1203 is a one-bedroom apartment of 1,338 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 8 April 2014 for AED 3,000,000, or AED 2,241 per sqft, 22% above the AED 1,830 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 November 2023, is AED 200,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1203 sits
All 34 1-beds →1203 last sold in April 2014 at AED 2,241 per sqft, 22% above what one-beds in Oceana - Southern were fetching at the time (AED 1,830). 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. 1203's AED 200,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,338 sqft | 3,750,000 | 2,802 | ||
| 11 May 202611 May 2026 | 1,883 sqft | 3,500,000 | 1,859 | ||
| 31 Mar 202631 March 2026 | 1,338 sqft | 4,100,000 | 3,063 | ||
| 11 Sep 202511 September 2025 | 1,338 sqft | 3,500,000 | 2,615 |
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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,709 sqft | AED 5.25MAED 5,250,000 · Apr 2024April 2024 | 220,008 /yr | |
| 1202 | 3-bed | 2,440 sqft | AED 11.4MAED 11,400,000 · Mar 2023March 2023 | ||
| 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 |
1203, Oceana - Southern in numbers
- Sold twice: first on 28 June 2011 for AED 1,997,260, last on 8 April 2014 for AED 3,000,000 (AED 2,241 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 125,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2014 price is 6.7%, 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 November 2023.
Questions about 1203, Oceana - Southern
What did unit 1203 last sell for?
AED 3,000,000 on 8 April 2014: AED 2,241 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,997,260 in June 2011.
What is the rent for unit 1203?
AED 200,000 a year on the contract signed on 20 November 2023. The previous contract, from January 2023, was AED 163,560; the unit has been rented since February 2021.
How big is unit 1203?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1203 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 1203, Oceana - Southern
Starts from the last sale price (AED 3M, 8 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →