3-bed · 2,280 sqftOceana - Southern, Palm Jumeirah · 10th floor · completed 2010

905, Oceana - Southern

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 5.98M2 September 2022
Current rentAED 170K /yr24 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Oceana - Southern

What is 905 worth today?

Last sold for AED 5,975,000 in 2022

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2 Sep 2022SoldReady
AED 5,975,000AED 2,620 per sqft
24 Aug 2020RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
15 Oct 2019RentedRenewal
AED 200,000/yr6 months · AED 88 per sqft
15 Oct 2018RentedNew contract
AED 210,000/yr12 months · AED 92 per sqft
15 Oct 2017RentedRenewal
AED 240,000/yr12 months · AED 105 per sqft
15 Oct 2016RentedRenewal
AED 250,000/yr12 months · AED 110 per sqft
15 Oct 2015RentedRenewal
AED 300,000/yr12 months · AED 131 per sqft
15 Oct 2014RentedNew contract
AED 300,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
10th of 14
Parking
B2-2429,2430
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5.98M · September 2022

About 905, Oceana - Southern

905 is a three-bedroom apartment of 2,280 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 2 September 2022 for AED 5,975,000, or AED 2,620 per sqft, 6% below the AED 2,787 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 24 August 2020, is AED 170,000 a year: a gross yield of 2.9% on the 2022 price, before the service charge of about AED 52,700 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, December 2010: AED 3,500,000 (AED 1,535 per sqft)Sold, September 2022: AED 5,975,000 (AED 2,620 per sqft)

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

Rents
Unit 905, 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 375,000New contract, September 2013: AED 280,000 a yearNew contract, October 2014: AED 300,000 a yearRenewal, October 2015: AED 300,000 a yearRenewal, October 2016: AED 250,000 a yearRenewal, October 2017: AED 240,000 a yearNew contract, October 2018: AED 210,000 a yearRenewal, October 2019: AED 200,000 a yearNew contract, August 2020: AED 170,000 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 905 sits

All 26 3-beds →

905 last sold in September 2022 at AED 2,620 per sqft, 6% below what three-beds in Oceana - Southern were fetching at the time (AED 2,787). 905's AED 170,000 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
9023-bedAED 4.85M · Oct 2020
9031-bedAED 1.92M · Apr 2011
9041-bedAED 3.38M · Sep 2022
9062-bedAED 3.95M · Apr 2023

905, Oceana - Southern in numbers

  • Sold twice: first on 27 December 2010 for AED 3,500,000, last on 2 September 2022 for AED 5,975,000 (AED 2,620 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 280,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 2.9%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 2 September 2022.

Questions about 905, Oceana - Southern

What did unit 905 last sell for?

AED 5,975,000 on 2 September 2022: AED 2,620 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 3,500,000 in December 2010.

What is the rent for unit 905?

AED 170,000 a year on the contract signed on 24 August 2020. The previous contract, from October 2019, was AED 200,000; the unit has been rented since September 2013.

How big is unit 905?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2010.

What is unit 905 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 905, Oceana - Southern

Starts from the last sale price (AED 5.98M, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,975,000
Deposit, UAE resident (20%)
AED 1,195,000
Deposit, non-resident (40%)
AED 2,390,000
Monthly over 25 years at 3.7%
AED 24,446

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