3-bed · 2,440 sqftOceana - Southern, Palm Jumeirah · 8th floor · completed 2010

702, Oceana - Southern

Sold prices and rental history: sold once, by the developer in January 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 2 January 2011
Last soldAED 3.4M2 January 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Oceana - Southern

What is 702 worth today?

Last sold for AED 3,396,953 in 2011

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2 Jan 2011Sold by developerReady
AED 3,396,953AED 1,392 per sqft

Source: Dubai Land Department. Updated 2 January 2011.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
8th of 14
Parking
B1-1371,1372
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 3.4M · January 2011

About 702, Oceana - Southern

702 is a three-bedroom apartment of 2,440 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 2 January 2011 for AED 3,396,953, or AED 1,392 per sqft, in line with the AED 1,383 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Oceana - Southern
4M6M2010201420182022Typical sale price by year: 2010 AED 3,500,000; 2011 AED 3,303,886; 2012 AED 6,725,000; 2016 AED 5,775,000; 2021 AED 4,575,000; 2023 AED 5,500,000; 2024 AED 6,580,000Sold by developer, January 2011: AED 3,396,953 (AED 1,392 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Oceana - Southern
200K300K400K2013201720212025Typical rent by year: 2013 AED 280,000; 2014 AED 300,000; 2015 AED 297,500; 2016 AED 265,000; 2017 AED 242,500; 2018 AED 240,000; 2019 AED 200,000; 2020 AED 201,081; 2021 AED 200,002; 2022 AED 235,000; 2023 AED 295,996; 2024 AED 360,000; 2025 AED 372,500; 2026 AED 375,000

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 702 sits

All 26 3-beds →

702 last sold in January 2011 at AED 1,392 per sqft, in line with what three-beds in Oceana - Southern were fetching at the time (AED 1,383).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Oct 20249,300,000
10 Jun 20244,366,668
30 Apr 20246,020,000
2 Apr 20246,580,000
0 3-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 8th floor

All 92 units in Oceana - Southern
Value
7012-bedAED 2.63M · Apr 2011
7031-bedAED 3.85M · May 2024
7041-bedAED 1.91M · Mar 2011
7053-bedAED 5M · May 2016
7062-bedAED 3.25M · Aug 2018

702, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 2 January 2011 for AED 3,396,953, or AED 1,392 per sqft.

Source: Dubai Land Department. Updated 2 January 2011.

Questions about 702, Oceana - Southern

What did unit 702 last sell for?

AED 3,396,953 on 2 January 2011, sold by the developer: AED 1,392 per sqft for 2,440 sqft. It is the only registered sale of the unit.

How big is unit 702?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 702 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 702, Oceana - Southern

Starts from the last sale price (AED 3.4M, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,396,953
Deposit, UAE resident (20%)
AED 679,391
Deposit, non-resident (40%)
AED 1,358,781
Monthly over 25 years at 3.7%
AED 13,898

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