2-bed · 1,709 sqftOceana - Southern, Palm Jumeirah · 6th floor · completed 2010

501, Oceana - Southern

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.56M2 January 2011
Current rentAED 210K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Oceana - Southern

What is 501 worth today?

Last sold for AED 2,561,687 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2026RentedNew contract
AED 210,000/yr12 months · AED 123 per sqft
1 Oct 2025RentedNew contract
AED 310,000/yr12 months · AED 181 per sqft
1 Nov 2024RentedRenewal
AED 170,775/yr12 months · AED 100 per sqft
1 Nov 2023RentedRenewal
AED 148,500/yr12 months · AED 87 per sqft
1 Nov 2022RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft
1 Nov 2021RentedRenewal
AED 135,000/yr12 months · AED 79 per sqft
1 Nov 2020RentedRenewal
AED 125,000/yr12 months · AED 73 per sqft
1 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
6th of 14
Parking
B1-1339
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.56M · January 2011

About 501, Oceana - Southern

501 is a two-bedroom apartment of 1,709 sqft on the 6th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 2 January 2011 for AED 2,561,687, or AED 1,498 per sqft, in line with the AED 1,519 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 15 October 2026, is AED 210,000 a year: a gross yield of 8.2% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, January 2011: AED 2,561,687 (AED 1,498 per sqft)

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

Rents
Unit 501, 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, May 2013: AED 190,000 a yearNew contract, May 2014: AED 200,000 a yearNew contract, May 2015: AED 220,000 a yearNew contract, September 2016: AED 190,000 a yearNew contract, September 2017: AED 187,000 a yearRenewal, September 2018: AED 187,000 a yearNew contract, November 2019: AED 130,000 a yearRenewal, November 2020: AED 125,000 a yearRenewal, November 2021: AED 135,000 a yearRenewal, November 2022: AED 135,000 a yearRenewal, November 2023: AED 148,500 a yearRenewal, November 2024: AED 170,775 a yearNew contract, October 2025: AED 310,000 a yearNew contract, October 2026: AED 210,000 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 501 sits

All 30 2-beds →

501 last sold in January 2011 at AED 1,498 per sqft, in line with what two-beds in Oceana - Southern were fetching at the time (AED 1,519). 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. 501's AED 210,000 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 6th floor

All 92 units in Oceana - Southern
Value
5023-bedAED 6.5M · Jul 2012
5031-bedAED 1.82M · Sep 2010
5041-bedAED 2.8M · Nov 2013
5053-bedAED 3.65M · Jul 2021
5062-bedAED 3.75M · Jun 2016

501, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 2 January 2011 for AED 2,561,687, or AED 1,498 per sqft.
  • Rented since May 2013 on 14 Ejari contracts. The rent fell from AED 190,000 to AED 125,000 in 2020 and recovered to AED 210,000 by October 2026.
  • At AED 210,000 a year the gross yield on the 2011 price is 8.2%, 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 15 October 2026.

Questions about 501, Oceana - Southern

What did unit 501 last sell for?

AED 2,561,687 on 2 January 2011, sold by the developer: AED 1,498 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 210,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 310,000; the unit has been rented since May 2013.

How big is unit 501?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Oceana - Southern

Starts from the last sale price (AED 2.56M, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,561,687
Deposit, UAE resident (20%)
AED 512,337
Deposit, non-resident (40%)
AED 1,024,675
Monthly over 25 years at 3.7%
AED 10,481

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