1-bed · 1,338 sqftOceana - Adriatic, Palm Jumeirah · 6th floor · completed 2010

503, Oceana - Adriatic

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 3.9M3 November 2022
Current rentAED 205K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Oceana - Adriatic

What is 503 worth today?

Last sold for AED 3,900,000 in 2022

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25 Nov 2024RentedNew contract
AED 205,000/yr12 months · AED 154 per sqft
9 Jul 2023RentedNew contract
AED 230,000/yr12 months · AED 172 per sqft
3 Nov 2022SoldReady
AED 3,900,000AED 2,914 per sqft
28 May 2015SoldReady
AED 3,700,000AED 2,764 per sqft
8 May 2014RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
2 Jun 2013SoldReady
AED 2,670,000AED 1,995 per sqft
8 May 2013RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
10 Aug 2010Sold by developerReady
AED 1,818,019AED 1,358 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
6th of 14
Parking
B2-2414
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.9M · November 2022

About 503, Oceana - Adriatic

503 is a one-bedroom apartment of 1,338 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 3 November 2022 for AED 3,900,000, or AED 2,914 per sqft, 34% above the AED 2,167 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 November 2024, is AED 205,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 30,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Oceana - Adriatic
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,784,010; 2011 AED 1,843,625; 2012 AED 1,755,725; 2013 AED 2,400,000; 2014 AED 3,065,000; 2018 AED 2,650,000; 2022 AED 2,900,000; 2023 AED 3,850,000; 2025 AED 4,400,000Sold by developer, August 2010: AED 1,818,019 (AED 1,358 per sqft)Sold, June 2013: AED 2,670,000 (AED 1,995 per sqft)Sold, May 2015: AED 3,700,000 (AED 2,764 per sqft)Sold, November 2022: AED 3,900,000 (AED 2,914 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Oceana - Adriatic
150K200K2013201720212025Typical rent by year: 2013 AED 137,500; 2014 AED 158,077; 2015 AED 140,000; 2016 AED 150,000; 2018 AED 130,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 150,000; 2023 AED 167,750; 2024 AED 160,000; 2025 AED 167,400New contract, May 2013: AED 140,000 a yearNew contract, May 2014: AED 145,000 a yearNew contract, July 2023: AED 230,000 a yearNew contract, November 2024: AED 205,000 a year

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

1-beds in Oceana - Adriatic, and where 503 sits

All 35 1-beds →

503 last sold in November 2022 at AED 2,914 per sqft, 34% above what one-beds in Oceana - Adriatic were fetching at the time (AED 2,167). Over the last 12 months one-beds sold for AED 4,400,000 to 4,850,000, around AED 2,862 per sqft, and rent for AED 139,466 to 175,000 a year. 503's AED 205,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20264,850,000
17 Dec 20254,400,000
25 Mar 20254,300,000
22 Jan 20254,650,000
2 1-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
5023-bedAED 5.25M · Oct 2013
5041-bedAED 3M · Feb 2013
5053-bedAED 6.4M · Oct 2012
5062-bedAED 3.8M · Mar 2022

503, Oceana - Adriatic in numbers

  • Sold 4 times: first on 10 August 2010 for AED 1,818,019, last on 3 November 2022 for AED 3,900,000 (AED 2,914 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 140,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Adriatic sold for AED 4,400,000–4,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,862 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Questions about 503, Oceana - Adriatic

What did unit 503 last sell for?

AED 3,900,000 on 3 November 2022: AED 2,914 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,818,019 in August 2010.

What is the rent for unit 503?

AED 205,000 a year on the contract signed on 25 November 2024. The previous contract, from July 2023, was AED 230,000; the unit has been rented since May 2013.

How big is unit 503?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Adriatic sold for AED 4,400,000 to 4,850,000 in the last 12 months, around AED 2,862 per sqft.

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Mortgage on 503, Oceana - Adriatic

Starts from the last sale price (AED 3.9M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →