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

503, Oceana - Aegean

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 23 September 2025
Last soldAED 1.52M12 May 2011
Current rentAED 195K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Oceana - Aegean

What is 503 worth today?

Last sold for AED 1,515,016 in 2011

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23 Sep 2025RentedNew contract
AED 195,000/yr12 months · AED 146 per sqft
20 Sep 2024RentedRenewal
AED 180,000/yr12 months · AED 135 per sqft
20 Sep 2023RentedRenewal
AED 180,000/yr12 months · AED 135 per sqft
20 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
20 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
25 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
8 Mar 2017RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft
23 Feb 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
6th of 14
Parking
B2-2089
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.52M · May 2011

About 503, Oceana - Aegean

503 is a one-bedroom apartment of 1,338 sqft on the 6th floor of Oceana - Aegean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 12 May 2011 for AED 1,515,016, or AED 1,132 per sqft, in line with the AED 1,140 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 23 September 2025, is AED 195,000 a year: a gross yield of 12.9% on the 2011 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 - Aegean
2M2010201420182022Typical sale price by year: 2010 AED 1,386,986; 2011 AED 1,650,000; 2012 AED 1,623,360; 2013 AED 2,400,000; 2014 AED 2,600,000; 2017 AED 2,150,000; 2021 AED 1,800,000; 2023 AED 2,500,000Sold by developer, May 2011: AED 1,515,016 (AED 1,132 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Oceana - Aegean
100K150K200K2013201720212025Typical rent by year: 2013 AED 131,000; 2014 AED 160,000; 2015 AED 154,813; 2016 AED 150,000; 2017 AED 142,500; 2018 AED 117,500; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 109,000; 2022 AED 115,000; 2023 AED 175,000; 2024 AED 170,000; 2025 AED 165,000New contract, February 2015: AED 160,000 a yearNew contract, March 2017: AED 165,000 a yearNew contract, August 2018: AED 115,000 a yearNew contract, September 2020: AED 100,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2023: AED 180,000 a yearRenewal, September 2024: AED 180,000 a yearNew contract, September 2025: AED 195,000 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 - Aegean, and where 503 sits

All 33 1-beds →

503 last sold in May 2011 at AED 1,132 per sqft, in line with what one-beds in Oceana - Aegean were fetching at the time (AED 1,140). 503's AED 195,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20253,100,000
11 Feb 20253,350,000
25 Jan 20243,000,000
4 Sep 20232,500,000
0 1-bed sales in the last 12 months

Oceana - Aegean

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 1 sold in the last 12 months.

Typical price per sqft
AED 3,179
Typical sale
AED 7.25M
Typical rent
AED 220K /yr
Typical yield
4.0%
Oceana - Aegean, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 92 units in Oceana - Aegean
Value
5012-bedAED 2.13M · Dec 2010
5023-bedAED 4.08M · Dec 2015
5041-bedAED 2.85M · May 2023
5053-bedAED 4.7M · Nov 2022
5062-bedAED 1.72M · Sep 2020

503, Oceana - Aegean in numbers

  • Sold once: by Seven Tides on 12 May 2011 for AED 1,515,016, or AED 1,132 per sqft.
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 195,000 by September 2025.
  • At AED 195,000 a year the gross yield on the 2011 price is 12.9%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2025.

Questions about 503, Oceana - Aegean

What did unit 503 last sell for?

AED 1,515,016 on 12 May 2011, sold by the developer: AED 1,132 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 195,000 a year on the contract signed on 23 September 2025. The previous contract, from September 2024, was AED 180,000; the unit has been rented since February 2015.

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.

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Mortgage on 503, Oceana - Aegean

Starts from the last sale price (AED 1.52M, 12 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,515,016
Deposit, UAE resident (20%)
AED 303,003
Deposit, non-resident (40%)
AED 606,006
Monthly over 25 years at 3.7%
AED 6,198

Plus AED 68,641 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →