2-bed · 1,709 sqftOceana - Southern, Palm Jumeirah · 5th floor · completed 2010

401, Oceana - Southern

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 3.15M1 February 2012
Current rentAED 285K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Oceana - Southern

What is 401 worth today?

Last sold for AED 3,150,000 in 2012

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20 Aug 2025RentedNew contract
AED 285,000/yr12 months · AED 167 per sqft
5 Jun 2024RentedNew contract
AED 325,000/yr12 months · AED 190 per sqft
26 May 2023RentedRenewal
AED 180,611/yr9 months · AED 106 per sqft
25 May 2022RentedRenewal
AED 159,571/yr12 months · AED 93 per sqft
25 May 2021RentedRenewal
AED 140,000/yr12 months · AED 82 per sqft
25 May 2020RentedNew contract
AED 130,000/yr12 months · AED 76 per sqft
19 May 2019RentedRenewal
AED 145,000/yr12 months · AED 85 per sqft
19 May 2018RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
5th of 14
Parking
B1-1331
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.15M · February 2012

About 401, Oceana - Southern

401 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 February 2012 for AED 3,150,000, or AED 1,842 per sqft, 25% above the AED 1,470 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 August 2025, is AED 285,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 39,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Oceana - Southern
3M4M2010201420182022Typical 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, May 2011: AED 2,477,500 (AED 1,449 per sqft)Sold, February 2012: AED 3,150,000 (AED 1,842 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Oceana - Southern
100K200K300K2013201720212025Typical 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 285,000New contract, November 2013: AED 250,000 a yearNew contract, May 2016: AED 190,000 a yearNew contract, May 2018: AED 180,000 a yearRenewal, May 2019: AED 145,000 a yearNew contract, May 2020: AED 130,000 a yearRenewal, May 2021: AED 140,000 a yearRenewal, May 2022: AED 159,571 a yearRenewal, May 2023: AED 180,611 a yearNew contract, June 2024: AED 325,000 a yearNew contract, August 2025: AED 285,000 a year

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 401 sits

All 30 2-beds →

401 last sold in February 2012 at AED 1,842 per sqft, 25% above what two-beds in Oceana - Southern were fetching at the time (AED 1,470). 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. 401's AED 285,000 is in the lower half of that range.

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 5th floor

All 92 units in Oceana - Southern
Value
4023-bedAED 6.8M · Oct 2021
4031-bedAED 2.7M · Jul 2017
4041-bedAED 2.3M · Oct 2012
4053-bedAED 6.02M · Apr 2024
4062-bedAED 3.7M · Sep 2022

401, Oceana - Southern in numbers

  • Sold twice: first on 11 May 2011 for AED 2,477,500, last on 1 February 2012 for AED 3,150,000 (AED 1,842 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 250,000 to AED 130,000 in 2020 and recovered to AED 285,000 by August 2025.
  • At AED 285,000 a year the gross yield on the 2012 price is 9.0%, 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 20 August 2025.

Questions about 401, Oceana - Southern

What did unit 401 last sell for?

AED 3,150,000 on 1 February 2012: AED 1,842 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,477,500 in May 2011.

What is the rent for unit 401?

AED 285,000 a year on the contract signed on 20 August 2025. The previous contract, from June 2024, was AED 325,000; the unit has been rented since November 2013.

How big is unit 401?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 401 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 401, Oceana - Southern

Starts from the last sale price (AED 3.15M, 1 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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