3-bed · 2,440 sqftOceana - Southern, Palm Jumeirah · 5th floor · completed 2010

402, Oceana - Southern

Sold prices and rental history: sold 3 times, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 14 October 2021
Last soldAED 6.8M14 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Oceana - Southern

What is 402 worth today?

Last sold for AED 6,800,000 in 2021

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14 Oct 2021SoldReady
AED 6,800,000AED 2,787 per sqft
16 Jun 2021SoldReady
AED 5,500,000AED 2,254 per sqft
2 Jan 2011Sold by developerReady
AED 3,195,307AED 1,309 per sqft

Source: Dubai Land Department. Updated 14 October 2021.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
5th of 14
Parking
B1-1377,1378
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 6.8M · October 2021

About 402, Oceana - Southern

402 is a three-bedroom apartment of 2,440 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 14 October 2021 for AED 6,800,000, or AED 2,787 per sqft, 55% above the AED 1,794 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Oceana - Southern
4M6M2010201420182022Typical sale price by year: 2010 AED 3,500,000; 2011 AED 3,303,886; 2012 AED 6,725,000; 2016 AED 5,775,000; 2021 AED 4,575,000; 2023 AED 5,500,000; 2024 AED 6,580,000Sold by developer, January 2011: AED 3,195,307 (AED 1,309 per sqft)Sold, June 2021: AED 5,500,000 (AED 2,254 per sqft)Sold, October 2021: AED 6,800,000 (AED 2,787 per sqft)

402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, each contractTypical three-bed in Oceana - Southern
200K300K400K2013201720212025Typical rent by year: 2013 AED 280,000; 2014 AED 300,000; 2015 AED 297,500; 2016 AED 265,000; 2017 AED 242,500; 2018 AED 240,000; 2019 AED 200,000; 2020 AED 201,081; 2021 AED 200,002; 2022 AED 235,000; 2023 AED 295,996; 2024 AED 360,000; 2025 AED 372,500; 2026 AED 375,000

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 402 sits

All 26 3-beds →

402 last sold in October 2021 at AED 2,787 per sqft, 55% above what three-beds in Oceana - Southern were fetching at the time (AED 1,794).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Oct 20249,300,000
10 Jun 20244,366,668
30 Apr 20246,020,000
2 Apr 20246,580,000
0 3-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
4012-bedAED 3.15M · Feb 2012
4031-bedAED 2.7M · Jul 2017
4041-bedAED 2.3M · Oct 2012
4053-bedAED 6.02M · Apr 2024
4062-bedAED 3.7M · Sep 2022

402, Oceana - Southern in numbers

  • Sold 3 times: first on 2 January 2011 for AED 3,195,307, last on 14 October 2021 for AED 6,800,000 (AED 2,787 per sqft).

Source: Dubai Land Department. Updated 14 October 2021.

Questions about 402, Oceana - Southern

What did unit 402 last sell for?

AED 6,800,000 on 14 October 2021: AED 2,787 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,195,307 in January 2011.

How big is unit 402?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 402 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 402, Oceana - Southern

Starts from the last sale price (AED 6.8M, 14 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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