2-bed · 1,709 sqftOceana - Adriatic, Palm Jumeirah · 3rd floor · completed 2010

206, Oceana - Adriatic

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 5.9M29 August 2024
Current rentAED 300K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Oceana - Adriatic

What is 206 worth today?

Last sold for AED 5,900,000 in 2024

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29 Aug 2024SoldReady
AED 5,900,000AED 3,451 per sqft
29 Aug 2024RentedNew contract
AED 300,000/yr12 months · AED 176 per sqft
12 Apr 2021SoldReady
AED 3,000,000AED 1,755 per sqft
26 Jul 2020RentedRenewal
AED 165,000/yr12 months · AED 96 per sqft
26 Jul 2018RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
1 Feb 2016RentedNew contract
AED 280,000/yr12 months · AED 164 per sqft
27 Jul 2011SoldReady
AED 2,728,500AED 1,596 per sqft
12 May 2011Sold by developerReady
AED 2,405,340AED 1,407 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2375
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.9M · August 2024

About 206, Oceana - Adriatic

206 is a two-bedroom apartment of 1,709 sqft on the 3rd floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 29 August 2024 for AED 5,900,000, or AED 3,451 per sqft, 4% above the AED 3,334 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 29 August 2024, is AED 300,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Oceana - Adriatic
2M4M6M2010201420182022Typical sale price by year: 2010 AED 2,597,767; 2011 AED 2,633,847; 2012 AED 2,900,000; 2013 AED 4,425,000; 2022 AED 4,450,000; 2023 AED 4,900,000; 2024 AED 5,700,000Sold by developer, May 2011: AED 2,405,340 (AED 1,407 per sqft)Sold, July 2011: AED 2,728,500 (AED 1,596 per sqft)Sold, April 2021: AED 3,000,000 (AED 1,755 per sqft)Sold, August 2024: AED 5,900,000 (AED 3,451 per sqft)

206 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in Oceana - Adriatic
200K300K2012201620202024Typical rent by year: 2012 AED 207,500; 2013 AED 210,000; 2014 AED 227,500; 2015 AED 234,712; 2016 AED 225,000; 2018 AED 190,000; 2019 AED 180,000; 2020 AED 162,500; 2021 AED 165,000; 2022 AED 182,923; 2023 AED 225,000; 2024 AED 297,500; 2025 AED 239,028New contract, February 2016: AED 280,000 a yearNew contract, July 2018: AED 200,000 a yearRenewal, July 2020: AED 165,000 a yearNew contract, August 2024: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceana - Adriatic, and where 206 sits

All 29 2-beds →

206 last sold in August 2024 at AED 3,451 per sqft, 4% above what two-beds in Oceana - Adriatic were fetching at the time (AED 3,334).

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20256,500,000
28 May 20257,200,000
15 Jul 20245,700,000
26 Jan 20245,000,000
0 2-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
2053-bedAED 3.1M · Dec 2010

206, Oceana - Adriatic in numbers

  • Sold 4 times: first on 12 May 2011 for AED 2,405,340, last on 29 August 2024 for AED 5,900,000 (AED 3,451 per sqft).
  • Rented since February 2016 on 4 Ejari contracts. The rent fell from AED 280,000 to AED 165,000 in 2020 and recovered to AED 300,000 by August 2024.
  • At AED 300,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.

Questions about 206, Oceana - Adriatic

What did unit 206 last sell for?

AED 5,900,000 on 29 August 2024: AED 3,451 per sqft for 1,709 sqft. The unit has 4 registered sales; the first was AED 2,405,340 in May 2011.

What is the rent for unit 206?

AED 300,000 a year on the contract signed on 29 August 2024. The previous contract, from July 2020, was AED 165,000; the unit has been rented since February 2016.

How big is unit 206?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 206 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 206, Oceana - Adriatic

Starts from the last sale price (AED 5.9M, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

Plus AED 252,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →