3-bed · 2,440 sqftOceana - Adriatic, Palm Jumeirah · 3rd floor · completed 2010

205, Oceana - Adriatic

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

Unit 205 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 3.1M15 December 2010
Current rentAED 550K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Oceana - Adriatic

What is 205 worth today?

Last sold for AED 3,102,240 in 2010

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5 Jun 2024RentedNew contract
AED 550,000/yr12 months · AED 225 per sqft
25 Feb 2023RentedRenewal
AED 550,000/yr12 months · AED 225 per sqft
25 Feb 2022RentedNew contract
AED 550,000/yr12 months · AED 225 per sqft
1 Apr 2016RentedNew contract
AED 350,000/yr12 months · AED 143 per sqft
15 Dec 2010Sold by developerReady
AED 3,102,240AED 1,271 per sqft
29 Sep 2010RentedNew contract
AED 290,000/yr12 months · AED 119 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
3rd of 14
Parking
B2-2421,2422
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 3.1M · December 2010

About 205, Oceana - Adriatic

205 is a three-bedroom apartment of 2,440 sqft on the 3rd floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 15 December 2010 for AED 3,102,240, or AED 1,271 per sqft, 12% below the AED 1,449 three-beds in the building were fetching at the time.

It has been rented continuously since 2010 on 5 Ejari contracts. The current contract, signed on 5 June 2024, is AED 550,000 a year: a gross yield of 17.7% on the 2010 price, before the service charge of about AED 56,400 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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 3,102,240 (AED 1,271 per sqft)

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

Rents
Unit 205, each contractTypical three-bed in Oceana - Adriatic
200K400K600K2010201420182022Typical 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, September 2010: AED 290,000 a yearNew contract, April 2016: AED 350,000 a yearNew contract, February 2022: AED 550,000 a yearRenewal, February 2023: AED 550,000 a yearNew contract, June 2024: AED 550,000 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 205 sits

All 25 3-beds →

205 last sold in December 2010 at AED 1,271 per sqft, 12% below what three-beds in Oceana - Adriatic were fetching at the time (AED 1,449).

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 3rd floor

All 92 units in Oceana - Adriatic
Value
2012-bedAED 5M · Jan 2024
2023-bedAED 6.65M · Feb 2024
2031-bedAED 1.71M · Oct 2010
2041-bedAED 1.71M · May 2011
2062-bedAED 5.9M · Aug 2024

205, Oceana - Adriatic in numbers

  • Sold once: by Seven Tides on 15 December 2010 for AED 3,102,240, or AED 1,271 per sqft.
  • Rented since September 2010 on 5 Ejari contracts, from AED 290,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2010 price is 17.7%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2024.

Questions about 205, Oceana - Adriatic

What did unit 205 last sell for?

AED 3,102,240 on 15 December 2010, sold by the developer: AED 1,271 per sqft for 2,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 550,000 a year on the contract signed on 5 June 2024. The previous contract, from February 2023, was AED 550,000; the unit has been rented since September 2010.

How big is unit 205?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 205 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 205, Oceana - Adriatic

Starts from the last sale price (AED 3.1M, 15 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,102,240
Deposit, UAE resident (20%)
AED 620,448
Deposit, non-resident (40%)
AED 1,240,896
Monthly over 25 years at 3.7%
AED 12,692

Plus AED 135,304 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →