505, Oceana - Southern
Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Oceana - Southern
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 6th of 14
- Parking
- B1-1390,1391
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 3.65M · July 2021
- Building
- Oceana - Southern
About 505, Oceana - Southern
505 is a three-bedroom apartment of 2,280 sqft on the 6th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 4 July 2021 for AED 3,650,000, or AED 1,600 per sqft, in line with the AED 1,600 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 375,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 52,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the three-bed median of each year in the building.
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 505 sits
All 26 3-beds →505 last sold in July 2021 at AED 1,600 per sqft, in line with what three-beds in Oceana - Southern were fetching at the time (AED 1,600). 505's AED 375,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202410 October 2024 | 2,440 sqft | 9,300,000 | 3,811 | ||
| 10 Jun 202410 June 2024 | 2,280 sqft | 4,366,668 | 1,915 | ||
| 30 Apr 202430 April 2024 | 2,280 sqft | 6,020,000 | 2,640 | ||
| 2 Apr 20242 April 2024 | 2,280 sqft | 6,580,000 | 2,886 |
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 6th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 2.56MAED 2,561,687 · Jan 2011January 2011 | 210,000 /yr | |
| 502 | 3-bed | 2,440 sqft | AED 6.5MAED 6,500,000 · Jul 2012July 2012 | ||
| 503 | 1-bed | 1,338 sqft | AED 1.82MAED 1,818,019 · Sep 2010September 2010 | 168,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 2.8MAED 2,800,000 · Nov 2013November 2013 | 220,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 3.75MAED 3,750,000 · Jun 2016June 2016 | 200,000 /yr |
505, Oceana - Southern in numbers
- Sold twice: first on 13 April 2011 for AED 3,303,886, last on 4 July 2021 for AED 3,650,000 (AED 1,600 per sqft).
- Rented since February 2015 on 14 Ejari contracts. The rent fell from AED 360,000 to AED 200,002 in 2021 and recovered to AED 375,000 by September 2026.
- At AED 375,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 505, Oceana - Southern
What did unit 505 last sell for?
AED 3,650,000 on 4 July 2021: AED 1,600 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 3,303,886 in April 2011.
What is the rent for unit 505?
AED 375,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 360,000; the unit has been rented since February 2015.
How big is unit 505?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 505 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 505, Oceana - Southern
Starts from the last sale price (AED 3.65M, 4 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,650,000
- Deposit, UAE resident (20%)
- AED 730,000
- Deposit, non-resident (40%)
- AED 1,460,000
- Monthly over 25 years at 3.7%
- AED 14,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →