4-bed · 5,355 sqftOceana - Southern, Palm Jumeirah · 14th floor · completed 2010

PH02, Oceana - Southern

Sold prices and rental history: sold twice, last in February 2021, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH02 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 12M14 February 2021
Current rentAED 700K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH02, Oceana - Southern

What is PH02 worth today?

Last sold for AED 12,000,000 in 2021

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15 Jun 2021RentedNew contract
AED 700,000/yr12 months · AED 131 per sqft
14 Feb 2021SoldReady
AED 12,000,000AED 2,241 per sqft
16 Dec 2010Sold by developerReady
AED 10,500,000AED 1,960 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
4-bed apartment
Size
5,355 sqft
Floor
14th of 14
Parking
B2-2A4-1,2,3 & 4
Developer
Seven Tides
Completed
2010
Service charge
AED 123,700 /yr
Last sold
AED 12M · February 2021

About PH02, Oceana - Southern

PH02 is a four-bedroom apartment of 5,355 sqft on the 14th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 14 February 2021 for AED 12,000,000, or AED 2,241 per sqft.

One Ejari contract is registered, from 15 June 2021. The current contract, signed on 15 June 2021, is AED 700,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 123,700 a year.

4-beds in Oceana - Southern, and where PH02 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
18 Mar 20228,800,000
23 Mar 20114,500,000
0 4-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 14th floor

All 92 units in Oceana - Southern
Value
PH014-bedAED 8.8M · Mar 2022

PH02, Oceana - Southern in numbers

  • Sold twice: first on 16 December 2010 for AED 10,500,000, last on 14 February 2021 for AED 12,000,000 (AED 2,241 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 700,000 a year.
  • At AED 700,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 123,700 a year (AED 23.10 per sqft).

Source: Dubai Land Department. Updated 15 June 2021.

Questions about PH02, Oceana - Southern

What did unit PH02 last sell for?

AED 12,000,000 on 14 February 2021: AED 2,241 per sqft for 5,355 sqft. The unit has 2 registered sales; the first was AED 10,500,000 in December 2010.

What is the rent for unit PH02?

AED 700,000 a year on the contract signed on 15 June 2021.

How big is unit PH02?

5,355 sqft (497.5 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2010.

What is unit PH02 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 PH02, Oceana - Southern

Starts from the last sale price (AED 12M, 14 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 12,000,000
Deposit, UAE resident (20%)
AED 2,400,000
Deposit, non-resident (40%)
AED 4,800,000
Monthly over 25 years at 3.7%
AED 49,096

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