PR03, Oceana - Southern
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PR03, Oceana - Southern
What is PR03 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,444 sqft
- Floor
- -1th of 14
- Parking
- B1-1A4-6,1A4-7
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 56,500 /yr
- Last sold
- AED 3.5M · December 2013
- Building
- Oceana - Southern
About PR03, Oceana - Southern
PR03 is a two-bedroom apartment of 2,444 sqft on the -1th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 8 December 2013 for AED 3,500,000, or AED 1,432 per sqft, 30% below the AED 2,047 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 138,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 56,500 a year.
Sales and rents for PR03 over time
PR03 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Oceana - Southern, and where PR03 sits
All 30 2-beds →PR03 last sold in December 2013 at AED 1,432 per sqft, 30% below what two-beds in Oceana - Southern were fetching at the time (AED 2,047). Over the last 12 months two-beds sold for AED 4,950,000 to 7,400,000, around AED 3,613 per sqft, and rent for AED 205,000 to 450,000 a year. PR03's AED 138,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,709 sqft | 4,950,000 | 2,896 | ||
| 8 May 20268 May 2026 | 1,709 sqft | 7,400,000 | 4,329 | ||
| 29 Aug 202429 August 2024 | 1,709 sqft | 4,700,000 | 2,749 | ||
| 20 Jun 202420 June 2024 | 2,444 sqft | 4,000,000 | 1,636 |
Oceana - Southern
Building92 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%
Other units on the -1th floor
All 92 units in Oceana - SouthernPR03, Oceana - Southern in numbers
- Sold twice: first on 17 October 2012 for AED 2,444,000, last on 8 December 2013 for AED 3,500,000 (AED 1,432 per sqft).
- Rented since January 2016 on 4 Ejari contracts, from AED 180,000 to AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 56,500 a year (AED 23.10 per sqft).
- Two-beds in Oceana - Southern sold for AED 4,950,000–7,400,000 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 15 February 2023.
Questions about PR03, Oceana - Southern
What did unit PR03 last sell for?
AED 3,500,000 on 8 December 2013: AED 1,432 per sqft for 2,444 sqft. The unit has 2 registered sales; the first was AED 2,444,000 in October 2012.
What is the rent for unit PR03?
AED 138,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 138,000; the unit has been rented since January 2016.
How big is unit PR03?
2,444 sqft (227.1 sqm): a two-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.
What is unit PR03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Southern sold for AED 4,950,000 to 7,400,000 in the last 12 months, around AED 3,613 per sqft.
Selling PR03? 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.
Mortgage on PR03, Oceana - Southern
Starts from the last sale price (AED 3.5M, 8 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →