1-bed · 1,338 sqftOceana - Southern, Palm Jumeirah · 10th floor · completed 2010

904, Oceana - Southern

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 20 September 2022
Last soldAED 3.38M20 September 2022
Current rentAED 118K /yr7 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Oceana - Southern

What is 904 worth today?

Last sold for AED 3,375,000 in 2022

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20 Sep 2022SoldReady
AED 3,375,000AED 2,522 per sqft
4 Apr 2022SoldReady
AED 1,919,377AED 1,434 per sqft
7 Nov 2020RentedRenewal
AED 117,828/yr16 months · AED 88 per sqft
7 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
7 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
25 Oct 2014RentedRenewal
AED 132,300/yr12 months · AED 99 per sqft
25 Oct 2013RentedRenewal
AED 126,000/yr12 months · AED 94 per sqft
25 Oct 2012RentedNew contract
AED 128,500/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 20 September 2022.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
10th of 14
Parking
B1-1406
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.38M · September 2022

About 904, Oceana - Southern

904 is a one-bedroom apartment of 1,338 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 20 September 2022 for AED 3,375,000, or AED 2,522 per sqft, 76% above the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 7 November 2020, is AED 117,828 a year: a gross yield of 3.5% on the 2022 price, before the service charge of about AED 30,900 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical one-bed in Oceana - Southern
2M4M2010201520202025Typical 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, November 2011: AED 960,222 (AED 717 per sqft)Sold, April 2022: AED 1,919,377 (AED 1,434 per sqft)Sold, September 2022: AED 3,375,000 (AED 2,522 per sqft)

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

Rents
Unit 904, each contractTypical one-bed in Oceana - Southern
100K150K200K2012201620202024Typical 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 2012: AED 128,500 a yearRenewal, October 2013: AED 126,000 a yearRenewal, October 2014: AED 132,300 a yearNew contract, November 2018: AED 140,000 a yearRenewal, November 2019: AED 120,000 a yearRenewal, November 2020: AED 117,828 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 904 sits

All 34 1-beds →

904 last sold in September 2022 at AED 2,522 per sqft, 76% above what one-beds in Oceana - Southern were fetching at the time (AED 1,434). 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. 904's AED 117,828 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 10th floor

All 92 units in Oceana - Southern
Value
9012-bedAED 4.5M · Jun 2023
9023-bedAED 4.85M · Oct 2020
9031-bedAED 1.92M · Apr 2011
9053-bedAED 5.98M · Sep 2022
9062-bedAED 3.95M · Apr 2023

904, Oceana - Southern in numbers

  • Sold 3 times: first on 1 November 2011 for AED 960,222, last on 20 September 2022 for AED 3,375,000 (AED 2,522 per sqft).
  • Rented since October 2012 on 6 Ejari contracts, from AED 128,500 to AED 117,828 a year.
  • At AED 117,828 a year the gross yield on the 2022 price is 3.5%, 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 20 September 2022.

Questions about 904, Oceana - Southern

What did unit 904 last sell for?

AED 3,375,000 on 20 September 2022: AED 2,522 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 960,222 in November 2011.

What is the rent for unit 904?

AED 117,828 a year on the contract renewed on 7 November 2020. The previous contract, from November 2019, was AED 120,000; the unit has been rented since October 2012.

How big is unit 904?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower completed in 2010.

What is unit 904 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 904, Oceana - Southern

Starts from the last sale price (AED 3.38M, 20 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,375,000
Deposit, UAE resident (20%)
AED 675,000
Deposit, non-resident (40%)
AED 1,350,000
Monthly over 25 years at 3.7%
AED 13,808

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