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3-bed · 2,280 sqftOceana - Adriatic, Palm Jumeirah · 13th floor · completed 2010

1202, Oceana - Adriatic

Sold prices and rental history: sold once, by the developer in December 2010, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 3.63M9 December 2010
Current rentAED 180K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Oceana - Adriatic

What is 1202 worth today?

Last sold for AED 3,629,621 in 2010

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1 Jul 2021RentedNew contract
AED 180,000/yr36 months · AED 79 per sqft
1 Jul 2018RentedNew contract
AED 200,000/yr36 months · AED 88 per sqft
9 Dec 2010Sold by developerReady
AED 3,629,621AED 1,591 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2021.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
13th of 14
Parking
B1-1462.1463.B2-2A1-15.B2-2A1-14
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 3.63M · December 2010
Building
Oceana - Adriatic

About 1202, Oceana - Adriatic

1202 is a three-bedroom apartment of 2,280 sqft on the 13th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 9 December 2010 for AED 3,629,621, or AED 1,591 per sqft, 8% above the AED 1,468 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 July 2021, is AED 180,000 a year: a gross yield of 5.0% on the 2010 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Oceana - Adriatic
4M6M8M2010201420182022Typical sale price by year: 2010 AED 3,443,487; 2011 AED 3,443,486; 2012 AED 6,325,000; 2013 AED 5,450,000; 2021 AED 5,200,000; 2022 AED 7,500,000; 2024 AED 6,650,000Sold by developer, December 2010: AED 3,629,621 (AED 1,591 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Oceana - Adriatic
200K300K20132016201920222025Typical rent by year: 2013 AED 270,000; 2014 AED 295,000; 2015 AED 310,000; 2016 AED 322,500; 2018 AED 245,000; 2019 AED 247,500; 2020 AED 222,500; 2021 AED 205,000; 2022 AED 300,525; 2023 AED 240,000; 2024 AED 360,000New contract, July 2018: AED 200,000 a yearNew contract, July 2021: AED 180,000 a year

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 1202 sits

All 25 3-beds →

1202 last sold in December 2010 at AED 1,591 per sqft, 8% above what three-beds in Oceana - Adriatic were fetching at the time (AED 1,468).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Oct 20248,500,000
27 Jun 20246,250,000
4 Jun 20241,550,000
29 May 20248,500,000
0 3-bed sales in the last 12 months

Oceana - Adriatic

Building

92 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%
Oceana - Adriatic, Palm Jumeirah: prices, sales and rents →

Other units on the 13th floor

All 92 units in Oceana - Adriatic
Value
12012-bedAED 4.6M · Aug 2022
12031-bedAED 4.25M · Jan 2024
12041-bedAED 2M · Mar 2020
12053-bedAED 12M · Jan 2023
12062-bedAED 2.81M · Apr 2011

1202, Oceana - Adriatic in numbers

  • Sold once: by Seven Tides on 9 December 2010 for AED 3,629,621, or AED 1,591 per sqft.
  • Rented since July 2018 on 2 Ejari contracts, from AED 200,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2010 price is 5.0%, 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 1 July 2021.

Questions about 1202, Oceana - Adriatic

What did unit 1202 last sell for?

AED 3,629,621 on 9 December 2010, sold by the developer: AED 1,591 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 180,000 a year on the contract signed on 1 July 2021. The previous contract, from July 2018, was AED 200,000.

How big is unit 1202?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1202 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 1202, Oceana - Adriatic

Starts from the last sale price (AED 3.63M, 9 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,629,621
Deposit, UAE resident (20%)
AED 725,924
Deposit, non-resident (40%)
AED 1,451,848
Monthly over 25 years at 3.7%
AED 14,850

Plus AED 157,454 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →