1206, Oceana - Southern
Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Oceana - Southern
What is 1206 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 13th of 14
- Parking
- B1-1370
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.7M · April 2023
- Building
- Oceana - Southern
About 1206, Oceana - Southern
1206 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 6 April 2023 for AED 4,700,000, or AED 2,749 per sqft, 38% above the AED 1,999 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 19 January 2022, is AED 150,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1206 over time
1206 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 1206 sits
All 30 2-beds →1206 last sold in April 2023 at AED 2,749 per sqft, 38% above what two-beds in Oceana - Southern were fetching at the time (AED 1,999). 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. 1206's AED 150,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 1205 | 3-bed | 2,280 sqft | AED 6.58MAED 6,580,000 · Apr 2024April 2024 | 250,331 /yr |
1206, Oceana - Southern in numbers
- Sold 3 times: first on 13 April 2011 for AED 2,814,248, last on 6 April 2023 for AED 4,700,000 (AED 2,749 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 168,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 3.2%, 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 6 April 2023.
Questions about 1206, Oceana - Southern
What did unit 1206 last sell for?
AED 4,700,000 on 6 April 2023: AED 2,749 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,814,248 in April 2011.
What is the rent for unit 1206?
AED 150,000 a year on the contract signed on 19 January 2022. The previous contract, from January 2020, was AED 150,000; the unit has been rented since October 2013.
How big is unit 1206?
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 1206 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.
Selling 1206? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1206, Oceana - Southern
Starts from the last sale price (AED 4.7M, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,700,000
- Deposit, UAE resident (20%)
- AED 940,000
- Deposit, non-resident (40%)
- AED 1,880,000
- Monthly over 25 years at 3.7%
- AED 19,229
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →