2-bed · 1,709 sqftOceana - Southern, Palm Jumeirah · 4th floor · completed 2010

301, Oceana - Southern

Sold prices and rental history: sold twice, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 December 2013
Last soldAED 4.5M10 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Oceana - Southern

What is 301 worth today?

Last sold for AED 4,500,000 in 2013

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10 Dec 2013SoldReady
AED 4,500,000AED 2,632 per sqft
23 Mar 2011Sold by developerReady
AED 2,350,000AED 1,374 per sqft

Source: Dubai Land Department. Updated 10 December 2013.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
4th of 14
Parking
B1-1335
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.5M · December 2013

About 301, Oceana - Southern

301 is a two-bedroom apartment of 1,709 sqft on the 4th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 10 December 2013 for AED 4,500,000, or AED 2,632 per sqft, 25% above the AED 2,106 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Oceana - Southern
2M3M4M2010201420182022Typical sale price by year: 2010 AED 2,633,847; 2011 AED 2,513,750; 2012 AED 2,845,000; 2013 AED 3,800,000; 2015 AED 3,950,000; 2017 AED 3,210,610; 2018 AED 3,250,000; 2022 AED 3,552,304; 2023 AED 4,125,000; 2024 AED 4,296,648Sold by developer, March 2011: AED 2,350,000 (AED 1,374 per sqft)Sold, December 2013: AED 4,500,000 (AED 2,632 per sqft)

301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, each contractTypical two-bed in Oceana - Southern
200K300K2013201720212025Typical rent by year: 2013 AED 192,000; 2014 AED 215,000; 2015 AED 220,000; 2016 AED 190,000; 2017 AED 186,000; 2018 AED 175,000; 2019 AED 150,000; 2020 AED 142,500; 2021 AED 145,000; 2022 AED 162,500; 2023 AED 210,000; 2024 AED 240,000; 2025 AED 272,500; 2026 AED 285,000

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 301 sits

All 30 2-beds →

301 last sold in December 2013 at AED 2,632 per sqft, 25% above what two-beds in Oceana - Southern were fetching at the time (AED 2,106). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20264,950,000
8 May 20267,400,000
29 Aug 20244,700,000
20 Jun 20244,000,000
2 2-bed sales in the last 12 months

Oceana - Southern

Building

92 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%
Oceana - Southern, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 92 units in Oceana - Southern
Value
3023-bedAED 9M · Jan 2024
3031-bedAED 2M · Dec 2010
3041-bedAED 1.9M · Aug 2011
3053-bedAED 3.5M · Sep 2017
3062-bedAED 4.3M · Dec 2023

301, Oceana - Southern in numbers

  • Sold twice: first on 23 March 2011 for AED 2,350,000, last on 10 December 2013 for AED 4,500,000 (AED 2,632 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 10 December 2013.

Questions about 301, Oceana - Southern

What did unit 301 last sell for?

AED 4,500,000 on 10 December 2013: AED 2,632 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,350,000 in March 2011.

How big is unit 301?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.

What is unit 301 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 301, Oceana - Southern

Starts from the last sale price (AED 4.5M, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →