1-bed · 1,375 sqftOceana - Southern, Palm Jumeirah · Ground floor · completed 2010

G07, Oceana - Southern

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 3.66M14 November 2024
Current rentAED 200K /yr3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Oceana - Southern

What is G07 worth today?

Last sold for AED 3,655,000 in 2024

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14 Nov 2024SoldReady
AED 3,655,000AED 2,658 per sqft
3 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 145 per sqft
22 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
8 Jan 2018RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
15 May 2016RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
2 Jul 2015SoldReady
AED 2,050,000AED 1,491 per sqft
3 Apr 2014RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
2 Jan 2011Sold by developerReady
AED 1,675,000AED 1,218 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
1,375 sqft
Floor
Ground of 14
Parking
B2-2367
Developer
Seven Tides
Completed
2010
Service charge
AED 31,800 /yr
Last sold
AED 3.66M · November 2024

About G07, Oceana - Southern

G07 is a one-bedroom apartment of 1,375 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 14 November 2024 for AED 3,655,000, or AED 2,658 per sqft, 18% above the AED 2,254 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 3 October 2022, is AED 200,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 31,800 a year.

Sales and rents for G07 over time

Sales
Unit G07, 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 1,675,000 (AED 1,218 per sqft)Sold, July 2015: AED 2,050,000 (AED 1,491 per sqft)Sold, November 2024: AED 3,655,000 (AED 2,658 per sqft)

G07 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, 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, April 2014: AED 135,000 a yearNew contract, May 2016: AED 150,000 a yearNew contract, January 2018: AED 125,000 a yearNew contract, September 2018: AED 120,000 a yearNew contract, October 2022: AED 200,000 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 G07 sits

All 34 1-beds →

G07 last sold in November 2024 at AED 2,658 per sqft, 18% above what one-beds in Oceana - Southern were fetching at the time (AED 2,254). 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. G07's AED 200,000 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
G031-bedAED 2.1M · Sep 2015
G041-bedAED 3.5M · May 2026
G051-bedAED 2.75M · Dec 2023
G061-bedAED 2.14M · Apr 2023
G082-bedAED 3.93M · Dec 2022

G07, Oceana - Southern in numbers

  • Sold 3 times: first on 2 January 2011 for AED 1,675,000, last on 14 November 2024 for AED 3,655,000 (AED 2,658 per sqft).
  • Rented since April 2014 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2018 and recovered to AED 200,000 by October 2022.
  • At AED 200,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 31,800 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 14 November 2024.

Questions about G07, Oceana - Southern

What did unit G07 last sell for?

AED 3,655,000 on 14 November 2024: AED 2,658 per sqft for 1,375 sqft. The unit has 3 registered sales; the first was AED 1,675,000 in January 2011.

What is the rent for unit G07?

AED 200,000 a year on the contract signed on 3 October 2022. The previous contract, from September 2018, was AED 120,000; the unit has been rented since April 2014.

How big is unit G07?

1,375 sqft (127.7 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G07 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 G07, Oceana - Southern

Starts from the last sale price (AED 3.66M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,655,000
Deposit, UAE resident (20%)
AED 731,000
Deposit, non-resident (40%)
AED 1,462,000
Monthly over 25 years at 3.7%
AED 14,954

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