Home
Dubai prices
About
Research
1-bed · 1,424 sqftOceana - Southern, Palm Jumeirah · Ground floor · completed 2010

G03, Oceana - Southern

Sold prices and rental history: sold twice, last in September 2015, and rented once, from December 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 20 September 2015
Last soldAED 2.1M20 September 2015
Current rentAED 130K /yr5 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow G03

Property timeline for G03, Oceana - Southern

What is G03 worth today?

Last sold for AED 2,100,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2015SoldReady
AED 2,100,000AED 1,474 per sqft
5 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
26 Jan 2011Sold by developerReady
AED 1,625,000AED 1,140 per sqft

Source: Dubai Land Department. Updated 20 September 2015.

Key facts

Type
1-bed apartment
Size
1,424 sqft
Floor
Ground of 14
Parking
B1-1346
Developer
Seven Tides
Completed
2010
Service charge
AED 32,900 /yr
Last sold
AED 2.1M · September 2015
Building
Oceana - Southern

About G03, Oceana - Southern

G03 is a one-bedroom apartment of 1,424 sqft on the ground floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 20 September 2015 for AED 2,100,000, or AED 1,474 per sqft, in line with the AED 1,476 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2013. The current contract, signed on 5 December 2013, is AED 130,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 32,900 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, January 2011: AED 1,625,000 (AED 1,140 per sqft)Sold, September 2015: AED 2,100,000 (AED 1,474 per sqft)

G03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, 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, December 2013: AED 130,000 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 G03 sits

All 34 1-beds →

G03 last sold in September 2015 at AED 1,474 per sqft, in line with what one-beds in Oceana - Southern were fetching at the time (AED 1,476). 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. G03's AED 130,000 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 ground floor

All 92 units in Oceana - Southern
Value
G012-bedAED 2.2M · Mar 2011
G021-bedAED 2.5M · Nov 2014
G041-bedAED 3.5M · May 2026
G051-bedAED 2.75M · Dec 2023
G061-bedAED 2.14M · Apr 2023
G071-bedAED 3.66M · Nov 2024
G082-bedAED 3.93M · Dec 2022

G03, Oceana - Southern in numbers

  • Sold twice: first on 26 January 2011 for AED 1,625,000, last on 20 September 2015 for AED 2,100,000 (AED 1,474 per sqft).
  • Rented since December 2013 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 32,900 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 2015.

Questions about G03, Oceana - Southern

What did unit G03 last sell for?

AED 2,100,000 on 20 September 2015: AED 1,474 per sqft for 1,424 sqft. The unit has 2 registered sales; the first was AED 1,625,000 in January 2011.

What is the rent for unit G03?

AED 130,000 a year on the contract signed on 5 December 2013.

How big is unit G03?

1,424 sqft (132.3 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G03 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.

Selling G03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G03, Oceana - Southern

Starts from the last sale price (AED 2.1M, 20 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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