602, Oceana - Southern
Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Oceana - Southern
What is 602 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,440 sqft
- Floor
- 7th of 14
- Parking
- B1-1374,1375
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,400 /yr
- Last sold
- AED 6.55M · May 2016
- Building
- Oceana - Southern
About 602, Oceana - Southern
602 is a three-bedroom apartment of 2,440 sqft on the 7th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 May 2016 for AED 6,550,000, or AED 2,684 per sqft.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 July 2024, is AED 400,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 56,400 a year.
Sales and rents for 602 over time
602 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 602 sits
All 26 3-beds →602's AED 400,000 is at the top 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 7th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,709 sqft | AED 2.6MAED 2,597,767 · Sep 2010September 2010 | 320,000 /yr | |
| 603 | 1-bed | 1,338 sqft | AED 3MAED 3,000,000 · Sep 2022September 2022 | 115,000 /yr | |
| 604 | 1-bed | 1,338 sqft | AED 4.1MAED 4,100,000 · Mar 2026March 2026 | 300,000 /yr | |
| 605 | 3-bed | 2,280 sqft | AED 4.37MAED 4,366,668 · Jun 2024June 2024 | 50,000 /yr | |
| 606 | 2-bed | 1,709 sqft | AED 7.4MAED 7,400,000 · May 2026May 2026 | 215,000 /yr |
602, Oceana - Southern in numbers
- Sold twice: first on 28 September 2010 for AED 3,350,419, last on 1 May 2016 for AED 6,550,000 (AED 2,684 per sqft).
- Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 265,000 to AED 225,000 in 2020 and recovered to AED 400,000 by July 2024.
- At AED 400,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 602, Oceana - Southern
What did unit 602 last sell for?
AED 6,550,000 on 1 May 2016: AED 2,684 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 3,350,419 in September 2010.
What is the rent for unit 602?
AED 400,000 a year on the contract signed on 15 July 2024. The previous contract, from February 2024, was AED 307,200; the unit has been rented since August 2018.
How big is unit 602?
2,440 sqft (226.7 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.
What is unit 602 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 602, Oceana - Southern
Starts from the last sale price (AED 6.55M, 1 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 6,550,000
- Deposit, UAE resident (20%)
- AED 1,310,000
- Deposit, non-resident (40%)
- AED 2,620,000
- Monthly over 25 years at 3.7%
- AED 26,798
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →