3-bed · 760 sqftOceana - Adriatic, Palm Jumeirah · 9th floor · completed 2010

802, Oceana - Adriatic

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.55M4 June 2024
Current rentAED 240K /yr28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Oceana - Adriatic

What is 802 worth today?

Last sold for AED 1,550,000 in 2024

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4 Jun 2024SoldReady
AED 1,550,000AED 2,039 per sqft
28 Feb 2023RentedRenewal
AED 240,000/yr12 months · AED 105 per sqft
28 Feb 2021RentedRenewal
AED 205,000/yr12 months · AED 90 per sqft
28 Feb 2020RentedNew contract
AED 215,000/yr12 months · AED 94 per sqft
1 Dec 2018RentedNew contract
AED 245,000/yr13 months · AED 107 per sqft
12 Jul 2016RentedRenewal
AED 295,000/yr12 months · AED 129 per sqft
30 Mar 2016SoldReady
AED 1,650,000AED 2,170 per sqft
12 Jul 2015RentedNew contract
AED 310,000/yr12 months · AED 136 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2024.

Key facts

Type
3-bed apartment
Size
760 sqft
Floor
9th of 14
Parking
B2-2510,2511
Developer
Seven Tides
Completed
2010
Service charge
AED 17,600 /yr
Last sold
AED 1.55M · June 2024

About 802, Oceana - Adriatic

802 is a three-bedroom apartment of 760 sqft on the 9th floor of Oceana - Adriatic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 4 June 2024 for AED 1,550,000, or AED 2,039 per sqft, 30% below the AED 2,916 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 28 February 2023, is AED 240,000 a year: a gross yield of 15.5% on the 2024 price, before the service charge of about AED 17,600 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical three-bed in Oceana - Adriatic
5M2010201420182022Typical 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, January 2011: AED 3,443,486 (AED 1,510 per sqft)Sold, March 2016: AED 1,650,000 (AED 2,170 per sqft)Sold, June 2024: AED 1,550,000 (AED 2,039 per sqft)

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

Rents
Unit 802, 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, January 2013: AED 270,000 a yearNew contract, January 2014: AED 270,000 a yearNew contract, July 2015: AED 310,000 a yearNew contract, July 2015: AED 310,000 a yearRenewal, July 2016: AED 295,000 a yearNew contract, December 2018: AED 245,000 a yearNew contract, February 2020: AED 215,000 a yearRenewal, February 2021: AED 205,000 a yearRenewal, February 2023: AED 240,000 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 802 sits

All 25 3-beds →

802 last sold in June 2024 at AED 2,039 per sqft, 30% below what three-beds in Oceana - Adriatic were fetching at the time (AED 2,916).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Oct 20248,500,000
27 Jun 20246,250,000
29 May 20248,500,000
12 Feb 20246,650,000
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 9th floor

All 92 units in Oceana - Adriatic
Value
8012-bedAED 3.5M · May 2018
8031-bedAED 2.3M · Dec 2017
8041-bedAED 4.2M · Jun 2023
8053-bedAED 8.5M · May 2024
8062-bedAED 3.8M · Feb 2013

802, Oceana - Adriatic in numbers

  • Sold 3 times: first on 27 January 2011 for AED 3,443,486, last on 4 June 2024 for AED 1,550,000 (AED 2,039 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 270,000 to AED 205,000 in 2021 and recovered to AED 240,000 by February 2023.
  • At AED 240,000 a year the gross yield on the 2024 price is 15.5%, before a service charge of about AED 17,600 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2024.

Questions about 802, Oceana - Adriatic

What did unit 802 last sell for?

AED 1,550,000 on 4 June 2024: AED 2,039 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 3,443,486 in January 2011.

What is the rent for unit 802?

AED 240,000 a year on the contract renewed on 28 February 2023. The previous contract, from February 2021, was AED 205,000; the unit has been rented since January 2013.

How big is unit 802?

760 sqft (70.6 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2010.

What is unit 802 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 802, Oceana - Adriatic

Starts from the last sale price (AED 1.55M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →