3-bed · 2,440 sqftOceana - Southern, Palm Jumeirah · 10th floor · completed 2010

902, Oceana - Southern

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 February 2021
Last soldAED 4.85M28 October 2020
Current rentAED 50K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Oceana - Southern

What is 902 worth today?

Last sold for AED 4,850,000 in 2020

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15 Feb 2021RentedNew contract
AED 50,000/yr48 months · AED 20 per sqft
15 Feb 2021RentedNew contract · flagged as an outlier
AED 50,000/yr48 months · AED 20 per sqft
28 Oct 2020SoldReady
AED 4,850,000AED 1,987 per sqft
1 Jul 2018RentedRenewal
AED 305,000/yr12 months · AED 125 per sqft
1 Jul 2017RentedNew contract
AED 320,000/yr12 months · AED 131 per sqft
15 Jun 2016RentedRenewal
AED 325,000/yr12 months · AED 133 per sqft
15 Jun 2015RentedRenewal
AED 375,000/yr12 months · AED 153 per sqft
15 Jun 2014RentedNew contract
AED 375,000/yr12 months · AED 153 per sqft

Source: Dubai Land Department. Updated 15 February 2021.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
10th of 14
Parking
B2-2426,2427
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 4.85M · October 2020

About 902, Oceana - Southern

902 is a three-bedroom apartment of 2,440 sqft on the 10th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 28 October 2020 for AED 4,850,000, or AED 1,987 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 February 2021, is AED 50,000 a year: a gross yield of 1.0% on the 2020 price, before the service charge of about AED 56,400 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, March 2011: AED 3,490,020 (AED 1,430 per sqft)Sold, March 2012: AED 6,950,000 (AED 2,848 per sqft)Sold, October 2020: AED 4,850,000 (AED 1,987 per sqft)

902 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 902, each contractTypical three-bed in Oceana - Southern
0200K400K2013201720212025Typical 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 375,000New contract, June 2014: AED 375,000 a yearRenewal, June 2015: AED 375,000 a yearRenewal, June 2016: AED 325,000 a yearNew contract, July 2017: AED 320,000 a yearRenewal, July 2018: AED 305,000 a yearNew contract, February 2021: AED 50,000 a year

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 902 sits

All 26 3-beds →

902's AED 50,000 is at the bottom of that range.

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 10th floor

All 92 units in Oceana - Southern
Value
9012-bedAED 4.5M · Jun 2023
9031-bedAED 1.92M · Apr 2011
9041-bedAED 3.38M · Sep 2022
9053-bedAED 5.98M · Sep 2022
9062-bedAED 3.95M · Apr 2023

902, Oceana - Southern in numbers

  • Sold 3 times: first on 24 March 2011 for AED 3,490,020, last on 28 October 2020 for AED 4,850,000 (AED 1,987 per sqft).
  • Rented since June 2014 on 7 Ejari contracts, from AED 375,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2020 price is 1.0%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 15 February 2021.

Questions about 902, Oceana - Southern

What did unit 902 last sell for?

AED 4,850,000 on 28 October 2020: AED 1,987 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 3,490,020 in March 2011.

What is the rent for unit 902?

AED 50,000 a year on the contract signed on 15 February 2021. The previous contract, from February 2021, was AED 50,000; the unit has been rented since June 2014.

How big is unit 902?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2010.

What is unit 902 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 902, Oceana - Southern

Starts from the last sale price (AED 4.85M, 28 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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