1205, Oceana - Southern
Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Oceana - Southern
What is 1205 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 13th of 14
- Parking
- B2-2487,2488
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 6.58M · April 2024
- Building
- Oceana - Southern
About 1205, Oceana - Southern
1205 is a three-bedroom apartment of 2,280 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 2 April 2024 for AED 6,580,000, or AED 2,886 per sqft, in line with the AED 2,886 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 8 January 2023, is AED 250,331 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 52,700 a year.
Sales and rents for 1205 over time
1205 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 1205 sits
All 26 3-beds →1205 last sold in April 2024 at AED 2,886 per sqft, in line with what three-beds in Oceana - Southern were fetching at the time (AED 2,886). 1205's AED 250,331 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202410 October 2024 | 2,440 sqft | 9,300,000 | 3,811 | ||
| 10 Jun 202410 June 2024 | 2,280 sqft | 4,366,668 | 1,915 | ||
| 30 Apr 202430 April 2024 | 2,280 sqft | 6,020,000 | 2,640 | ||
| 18 Jan 202418 January 2024 | 2,440 sqft | 8,999,999 | 3,688 |
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 | ||
| 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 | |
| 1206 | 2-bed | 1,709 sqft | AED 4.7MAED 4,700,000 · Apr 2023April 2023 | 150,000 /yr |
1205, Oceana - Southern in numbers
- Sold 4 times: first on 16 December 2010 for AED 3,629,621, last on 2 April 2024 for AED 6,580,000 (AED 2,886 per sqft).
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 258,000 to AED 191,382 in 2021 and recovered to AED 250,331 by January 2023.
- At AED 250,331 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 2 April 2024.
Questions about 1205, Oceana - Southern
What did unit 1205 last sell for?
AED 6,580,000 on 2 April 2024: AED 2,886 per sqft for 2,280 sqft. The unit has 4 registered sales; the first was AED 3,629,621 in December 2010.
What is the rent for unit 1205?
AED 250,331 a year on the contract renewed on 8 January 2023. The previous contract, from January 2022, was AED 210,000; the unit has been rented since February 2017.
How big is unit 1205?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1205 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 1205, Oceana - Southern
Starts from the last sale price (AED 6.58M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,580,000
- Deposit, UAE resident (20%)
- AED 1,316,000
- Deposit, non-resident (40%)
- AED 2,632,000
- Monthly over 25 years at 3.7%
- AED 26,921
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →