1-bed · 1,338 sqftOceana - Southern, Palm Jumeirah · 8th floor · completed 2010

704, Oceana - Southern

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 1.91M23 March 2011
Current rentAED 198K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Oceana - Southern

What is 704 worth today?

Last sold for AED 1,905,700 in 2011

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5 Nov 2025RentedRenewal
AED 198,347/yr12 months · AED 149 per sqft
1 Nov 2024RentedNew contract
AED 197,802/yr12 months · AED 148 per sqft
7 Nov 2023RentedNew contract
AED 238,717/yr6 months · AED 179 per sqft
29 Apr 2022RentedRenewal
AED 148,404/yr6 months · AED 111 per sqft
29 Apr 2021RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
26 Nov 2020RentedNew contract
AED 119,358/yr6 months · AED 89 per sqft
3 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
3 Oct 2018RentedRenewal
AED 148,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
8th of 14
Parking
B1-1376
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.91M · March 2011

About 704, Oceana - Southern

704 is a one-bedroom apartment of 1,338 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 23 March 2011 for AED 1,905,700, or AED 1,424 per sqft, 12% above the AED 1,275 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 198,347 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Oceana - Southern
2M3M4M2010201520202025Typical sale price by year: 2010 AED 1,946,048; 2011 AED 1,707,060; 2012 AED 1,807,680; 2013 AED 2,025,000; 2014 AED 2,500,000; 2015 AED 2,075,000; 2017 AED 2,625,000; 2022 AED 2,459,689; 2023 AED 2,743,500; 2024 AED 3,655,000; 2026 AED 3,750,000Sold by developer, March 2011: AED 1,905,700 (AED 1,424 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Oceana - Southern
100K200K2012201620202024Typical rent by year: 2012 AED 131,750; 2013 AED 140,000; 2014 AED 152,500; 2015 AED 155,000; 2016 AED 157,500; 2017 AED 150,000; 2018 AED 132,500; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 140,000; 2023 AED 150,000; 2024 AED 164,149; 2025 AED 195,424; 2026 AED 175,000New contract, October 2017: AED 148,000 a yearRenewal, October 2018: AED 148,000 a yearRenewal, October 2019: AED 110,000 a yearNew contract, November 2020: AED 119,358 a yearNew contract, April 2021: AED 125,000 a yearRenewal, April 2022: AED 148,404 a yearNew contract, November 2023: AED 238,717 a yearNew contract, November 2024: AED 197,802 a yearRenewal, November 2025: AED 198,347 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oceana - Southern, and where 704 sits

All 34 1-beds →

704 last sold in March 2011 at AED 1,424 per sqft, 12% above what one-beds in Oceana - Southern were fetching at the time (AED 1,275). Over the last 12 months one-beds sold for AED 3,500,000 to 4,100,000, around AED 2,802 per sqft, and rent for AED 55,000 to 425,000 a year. 704's AED 198,347 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20263,750,000
11 May 20263,500,000
31 Mar 20264,100,000
11 Sep 20253,500,000
3 1-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
7023-bedAED 3.4M · Jan 2011
7031-bedAED 3.85M · May 2024
7053-bedAED 5M · May 2016
7062-bedAED 3.25M · Aug 2018

704, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 23 March 2011 for AED 1,905,700, or AED 1,424 per sqft.
  • Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 148,000 to AED 110,000 in 2019 and recovered to AED 198,347 by November 2025.
  • At AED 198,347 a year the gross yield on the 2011 price is 10.4%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Southern sold for AED 3,500,000–4,100,000 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 5 November 2025.

Questions about 704, Oceana - Southern

What did unit 704 last sell for?

AED 1,905,700 on 23 March 2011, sold by the developer: AED 1,424 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 198,347 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 197,802; the unit has been rented since October 2017.

How big is unit 704?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Southern sold for AED 3,500,000 to 4,100,000 in the last 12 months, around AED 2,802 per sqft.

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Mortgage on 704, Oceana - Southern

Starts from the last sale price (AED 1.91M, 23 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,905,700
Deposit, UAE resident (20%)
AED 381,140
Deposit, non-resident (40%)
AED 762,280
Monthly over 25 years at 3.7%
AED 7,797

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