202, Oceana - Southern
Sold prices and rental history: sold twice, last in May 2011, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Oceana - Southern
What is 202 worth today?
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Source: Dubai Land Department. Updated 12 October 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,440 sqft
- Floor
- 3rd of 14
- Parking
- B1-1363,1364
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,400 /yr
- Last sold
- AED 5.75M · May 2011
- Building
- Oceana - Southern
About 202, Oceana - Southern
202 is a three-bedroom apartment of 2,440 sqft on the 3rd floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 May 2011 for AED 5,750,000, or AED 2,356 per sqft, 67% above the AED 1,411 three-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 12 October 2020, is AED 200,000 a year: a gross yield of 3.5% on the 2011 price, before the service charge of about AED 56,400 a year.
Sales and rents for 202 over time
202 has sold twice; 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 202 sits
All 26 3-beds →202 last sold in May 2011 at AED 2,356 per sqft, 67% above what three-beds in Oceana - Southern were fetching at the time (AED 1,411). 202's AED 200,000 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 | ||
| 2 Apr 20242 April 2024 | 2,280 sqft | 6,580,000 | 2,886 |
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 3rd floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,709 sqft | AED 2.41MAED 2,405,340 · Mar 2011March 2011 | 270,000 /yr | |
| 203 | 1-bed | 1,338 sqft | AED 1.71MAED 1,707,060 · Sep 2010September 2010 | 155,000 /yr | |
| 204 | 1-bed | 1,338 sqft | AED 1.71MAED 1,707,060 · Jan 2011January 2011 | 157,500 /yr | |
| 205 | 3-bed | 2,280 sqft | AED 2.58MAED 2,583,333 · Apr 2011April 2011 | 390,000 /yr | |
| 206 | 2-bed | 1,709 sqft | AED 3.18MAED 3,175,000 · Aug 2022August 2022 | 140,000 /yr |
202, Oceana - Southern in numbers
- Sold twice: first on 10 January 2011 for AED 3,102,240, last on 9 May 2011 for AED 5,750,000 (AED 2,356 per sqft).
- Rented since June 2018 on 2 Ejari contracts, from AED 160,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2011 price is 3.5%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 12 October 2020.
Questions about 202, Oceana - Southern
What did unit 202 last sell for?
AED 5,750,000 on 9 May 2011: AED 2,356 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 3,102,240 in January 2011.
What is the rent for unit 202?
AED 200,000 a year on the contract signed on 12 October 2020. The previous contract, from June 2018, was AED 160,000.
How big is unit 202?
2,440 sqft (226.7 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.
What is unit 202 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 202, Oceana - Southern
Starts from the last sale price (AED 5.75M, 9 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 5,750,000
- Deposit, UAE resident (20%)
- AED 1,150,000
- Deposit, non-resident (40%)
- AED 2,300,000
- Monthly over 25 years at 3.7%
- AED 23,525
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →