701, Oceana - Southern
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Oceana - Southern
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B1-1365
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.63M · April 2011
- Building
- Oceana - Southern
About 701, Oceana - Southern
701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 26 April 2011 for AED 2,633,847, or AED 1,540 per sqft, in line with the AED 1,509 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 October 2026, is AED 265,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 30 2-beds →701 last sold in April 2011 at AED 1,540 per sqft, in line with what two-beds in Oceana - Southern were fetching at the time (AED 1,509). 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. 701's AED 265,000 is in the lower 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 8th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,440 sqft | AED 3.4MAED 3,396,953 · Jan 2011January 2011 | ||
| 703 | 1-bed | 1,338 sqft | AED 3.85MAED 3,850,000 · May 2024May 2024 | 265,000 /yr | |
| 704 | 1-bed | 1,338 sqft | AED 1.91MAED 1,905,700 · Mar 2011March 2011 | 198,347 /yr | |
| 705 | 3-bed | 2,280 sqft | AED 5MAED 5,000,000 · May 2016May 2016 | 285,000 /yr | |
| 706 | 2-bed | 1,709 sqft | AED 3.25MAED 3,250,000 · Aug 2018August 2018 | 171,000 /yr |
701, Oceana - Southern in numbers
- Sold once: by Seven Tides on 26 April 2011 for AED 2,633,847, or AED 1,540 per sqft.
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 183,600 to AED 145,000 in 2021 and recovered to AED 265,000 by October 2026.
- At AED 265,000 a year the gross yield on the 2011 price is 10.1%, 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 October 2026.
Questions about 701, Oceana - Southern
What did unit 701 last sell for?
AED 2,633,847 on 26 April 2011, sold by the developer: AED 1,540 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 265,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2023, was AED 250,000; the unit has been rented since July 2013.
How big is unit 701?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.
What is unit 701 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 701, Oceana - Southern
Starts from the last sale price (AED 2.63M, 26 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,633,847
- Deposit, UAE resident (20%)
- AED 526,769
- Deposit, non-resident (40%)
- AED 1,053,539
- Monthly over 25 years at 3.7%
- AED 10,776
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →