406, Oceana - Southern
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Oceana - Southern
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 5th of 14
- Parking
- B1-1398
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.7M · September 2022
- Building
- Oceana - Southern
About 406, Oceana - Southern
406 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 30 September 2022 for AED 3,700,000, or AED 2,164 per sqft, 9% above the AED 1,990 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 May 2026, is AED 350,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 39,500 a year.
Sales and rents for 406 over time
406 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 406 sits
All 30 2-beds →406 last sold in September 2022 at AED 2,164 per sqft, 9% above what two-beds in Oceana - Southern were fetching at the time (AED 1,990). 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. 406's AED 350,000 is in the upper half 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 5th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 3.15MAED 3,150,000 · Feb 2012February 2012 | 285,000 /yr | |
| 402 | 3-bed | 2,440 sqft | AED 6.8MAED 6,800,000 · Oct 2021October 2021 | ||
| 403 | 1-bed | 1,338 sqft | AED 2.7MAED 2,700,000 · Jul 2017July 2017 | 155,000 /yr | |
| 404 | 1-bed | 1,338 sqft | AED 2.3MAED 2,300,000 · Oct 2012October 2012 | 180,000 /yr | |
| 405 | 3-bed | 2,280 sqft | AED 6.02MAED 6,020,000 · Apr 2024April 2024 | 176,400 /yr |
406, Oceana - Southern in numbers
- Sold 3 times: first on 2 May 2011 for AED 2,400,000, last on 30 September 2022 for AED 3,700,000 (AED 2,164 per sqft).
- Rented since December 2022 on 4 Ejari contracts, from AED 395,000 to AED 350,000 a year.
- At AED 350,000 a year the gross yield on the 2022 price is 9.5%, 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 1 May 2026.
Questions about 406, Oceana - Southern
What did unit 406 last sell for?
AED 3,700,000 on 30 September 2022: AED 2,164 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in May 2011.
What is the rent for unit 406?
AED 350,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2025, was AED 385,000; the unit has been rented since December 2022.
How big is unit 406?
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 406 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 406, Oceana - Southern
Starts from the last sale price (AED 3.7M, 30 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →