1-bed · 669 sqftOceana - Atlantic, Palm Jumeirah · 11th floor · completed 2010

1004, Oceana - Atlantic

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

Unit 1004 · DLD and Ejari recordsUpdated 12 November 2021
Last soldAED 1.62M31 January 2011
Current rentAED 100K /yr12 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Oceana - Atlantic

What is 1004 worth today?

Last sold for AED 1,621,707 in 2011

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12 Nov 2021RentedRenewal
AED 100,000/yr1 months · AED 75 per sqft
12 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
30 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
30 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
29 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
29 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
15 Jul 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
31 Jan 2011Sold by developerReady
AED 1,621,707AED 1,211 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2021.

Key facts

Type
1-bed apartment
Size
669 sqft
Floor
11th of 14
Parking
B2-2081
Developer
Seven Tides
Completed
2010
Service charge
AED 15,500 /yr
Last sold
AED 1.62M · January 2011

About 1004, Oceana - Atlantic

1004 is a one-bedroom apartment of 669 sqft on the 11th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 31 January 2011 for AED 1,621,707, or AED 1,211 per sqft, 7% above the AED 1,132 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 12 November 2021, is AED 100,000 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Oceana - Atlantic
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,515,016; 2011 AED 1,611,038; 2012 AED 1,800,000; 2013 AED 2,150,000; 2014 AED 3,000,000; 2018 AED 2,000,000; 2021 AED 2,000,000; 2025 AED 3,600,000Sold by developer, January 2011: AED 1,621,707 (AED 1,211 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Oceana - Atlantic
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 142,500; 2015 AED 160,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 150,000; 2024 AED 177,500; 2025 AED 180,000New contract, July 2015: AED 160,000 a yearNew contract, September 2016: AED 140,000 a yearNew contract, November 2017: AED 130,000 a yearNew contract, September 2018: AED 125,000 a yearRenewal, September 2019: AED 120,000 a yearNew contract, November 2020: AED 100,000 a yearRenewal, November 2021: AED 100,000 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 - Atlantic, and where 1004 sits

All 33 1-beds →

1004 last sold in January 2011 at AED 1,211 per sqft, 7% above what one-beds in Oceana - Atlantic were fetching at the time (AED 1,132).

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 20253,550,000
27 Mar 20253,600,000
24 Mar 20253,500,000
24 Feb 20253,900,000
0 1-bed sales in the last 12 months

Oceana - Atlantic

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 190K /yr
Typical yield
Oceana - Atlantic, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Atlantic
Value
10012-bedAED 4.99M · Feb 2024
10023-bedAED 3.55M · Apr 2016
10031-bedAED 2.35M · Sep 2021
10053-bedAED 5M · Jul 2013
10062-bedAED 2.29M · Mar 2011

1004, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 31 January 2011 for AED 1,621,707, or AED 1,211 per sqft.
  • Rented since July 2015 on 7 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 6.2%, before a service charge of about AED 15,500 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2021.

Questions about 1004, Oceana - Atlantic

What did unit 1004 last sell for?

AED 1,621,707 on 31 January 2011, sold by the developer: AED 1,211 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 100,000 a year on the contract renewed on 12 November 2021. The previous contract, from November 2020, was AED 100,000; the unit has been rented since July 2015.

How big is unit 1004?

669 sqft (62.2 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1004 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 1004, Oceana - Atlantic

Starts from the last sale price (AED 1.62M, 31 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,621,707
Deposit, UAE resident (20%)
AED 324,341
Deposit, non-resident (40%)
AED 648,683
Monthly over 25 years at 3.7%
AED 6,635

Plus AED 73,121 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →