1002, Oceana - Adriatic
Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Oceana - Adriatic
What is 1002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 11th of 14
- Parking
- B2-2386,2387
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 5.2M · December 2021
- Building
- Oceana - Adriatic
About 1002, Oceana - Adriatic
1002 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 12 December 2021 for AED 5,200,000, or AED 2,280 per sqft, in line with the AED 2,254 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 24 October 2020, is AED 230,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 52,700 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceana - Adriatic, and where 1002 sits
All 25 3-beds →1002 last sold in December 2021 at AED 2,280 per sqft, in line with what three-beds in Oceana - Adriatic were fetching at the time (AED 2,254).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202410 October 2024 | 2,440 sqft | 8,500,000 | 3,483 | ||
| 27 Jun 202427 June 2024 | 2,280 sqft | 6,250,000 | 2,741 | ||
| 4 Jun 20244 June 2024 | 760 sqft | 1,550,000 | 2,039 | ||
| 29 May 202429 May 2024 | 2,440 sqft | 8,500,000 | 3,483 |
Oceana - Adriatic
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,862
- Typical sale
- AED 4.63M
- Typical rent
- AED 175K /yr
- Typical yield
- 4.1%
Other units on the 11th floor
All 92 units in Oceana - Adriatic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.74MAED 2,742,088 · Jan 2011January 2011 | 239,028 /yr | |
| 1003 | 1-bed | 1,338 sqft | AED 1.95MAED 1,946,048 · Jan 2011January 2011 | 180,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.95MAED 1,950,000 · Oct 2010October 2010 | 157,500 /yr | |
| 1005 | 3-bed | 2,440 sqft | AED 4.5MAED 4,500,000 · Feb 2023February 2023 | 270,000 /yr | |
| 1006 | 2-bed | 1,709 sqft | AED 4.4MAED 4,400,000 · Jul 2013July 2013 | 375,000 /yr |
1002, Oceana - Adriatic in numbers
- Sold twice: first on 14 September 2010 for AED 3,536,554, last on 12 December 2021 for AED 5,200,000 (AED 2,280 per sqft).
- Rented since June 2013 on 7 Ejari contracts, from AED 300,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2021 price is 4.4%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2021.
Questions about 1002, Oceana - Adriatic
What did unit 1002 last sell for?
AED 5,200,000 on 12 December 2021: AED 2,280 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 3,536,554 in September 2010.
What is the rent for unit 1002?
AED 230,000 a year on the contract renewed on 24 October 2020. The previous contract, from October 2019, was AED 290,000; the unit has been rented since June 2013.
How big is unit 1002?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1002 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 1002, Oceana - Adriatic
Starts from the last sale price (AED 5.2M, 12 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 5,200,000
- Deposit, UAE resident (20%)
- AED 1,040,000
- Deposit, non-resident (40%)
- AED 2,080,000
- Monthly over 25 years at 3.7%
- AED 21,275
Plus AED 223,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →