3-bed · 2,280 sqftOceana - Adriatic, Palm Jumeirah · 6th floor · completed 2010

502, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in October 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 22 October 2013
Last soldAED 5.25M22 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Oceana - Adriatic

What is 502 worth today?

Last sold for AED 5,250,000 in 2013

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22 Oct 2013SoldReady
AED 5,250,000AED 2,302 per sqft
30 May 2012SoldReady
AED 4,100,000AED 1,798 per sqft
18 Aug 2010Sold by developerReady
AED 3,303,886AED 1,449 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2013.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
6th of 14
Parking
B2-2397,2398
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5.25M · October 2013

About 502, Oceana - Adriatic

502 is a three-bedroom apartment of 2,280 sqft on the 6th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 22 October 2013 for AED 5,250,000, or AED 2,302 per sqft, 7% below the AED 2,476 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, August 2010: AED 3,303,886 (AED 1,449 per sqft)Sold, May 2012: AED 4,100,000 (AED 1,798 per sqft)Sold, October 2013: AED 5,250,000 (AED 2,302 per sqft)

502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 502, 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 360,000

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 502 sits

All 25 3-beds →

502 last sold in October 2013 at AED 2,302 per sqft, 7% below what three-beds in Oceana - Adriatic were fetching at the time (AED 2,476).

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 6th floor

All 92 units in Oceana - Adriatic
Value
5012-bedAED 2.56M · Apr 2011
5031-bedAED 3.9M · Nov 2022
5041-bedAED 3M · Feb 2013
5053-bedAED 6.4M · Oct 2012
5062-bedAED 3.8M · Mar 2022

502, Oceana - Adriatic in numbers

  • Sold 3 times: first on 18 August 2010 for AED 3,303,886, last on 22 October 2013 for AED 5,250,000 (AED 2,302 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2013.

Questions about 502, Oceana - Adriatic

What did unit 502 last sell for?

AED 5,250,000 on 22 October 2013: AED 2,302 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 3,303,886 in August 2010.

How big is unit 502?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 502 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 502, Oceana - Adriatic

Starts from the last sale price (AED 5.25M, 22 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,250,000
Deposit, UAE resident (20%)
AED 1,050,000
Deposit, non-resident (40%)
AED 2,100,000
Monthly over 25 years at 3.7%
AED 21,479

Plus AED 225,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →