3-bed · 2,280 sqftOceana - Atlantic, Palm Jumeirah · 11th floor · completed 2010

1005, Oceana - Atlantic

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 5M11 July 2013
Current rentAED 370K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Oceana - Atlantic

What is 1005 worth today?

Last sold for AED 5,000,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Oct 2024RentedNew contract
AED 370,000/yr12 months · AED 162 per sqft
24 Jun 2023RentedRenewal
AED 290,000/yr12 months · AED 127 per sqft
24 Jun 2022RentedRenewal
AED 275,000/yr12 months · AED 121 per sqft
24 Jun 2021RentedNew contract
AED 275,000/yr12 months · AED 121 per sqft
19 May 2020RentedRenewal
AED 205,000/yr12 months · AED 90 per sqft
19 May 2019RentedNew contract
AED 250,000/yr12 months · AED 110 per sqft
17 Apr 2018RentedRenewal
AED 280,000/yr12 months · AED 123 per sqft
17 Apr 2017RentedRenewal
AED 280,000/yr12 months · AED 123 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
11th of 14
Parking
B2-2072,2073
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 5M · July 2013

About 1005, Oceana - Atlantic

1005 is a three-bedroom apartment of 2,280 sqft on the 11th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 11 July 2013 for AED 5,000,000, or AED 2,193 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 14 October 2024, is AED 370,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 52,700 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Oceana - Atlantic
4M2010201220142016Typical sale price by year: 2010 AED 2,947,128; 2011 AED 2,669,219; 2013 AED 4,200,000; 2016 AED 4,700,000Sold by developer, December 2010: AED 2,947,128 (AED 1,292 per sqft)Sold, June 2013: AED 4,150,000 (AED 1,820 per sqft)Sold, July 2013: AED 5,000,000 (AED 2,193 per sqft)

1005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Oceana - Atlantic
200K300K2013201720212025Typical rent by year: 2013 AED 252,500; 2014 AED 280,000; 2015 AED 260,000; 2016 AED 255,000; 2017 AED 257,000; 2018 AED 252,500; 2019 AED 240,000; 2020 AED 215,000; 2021 AED 210,000; 2022 AED 230,000; 2023 AED 290,000; 2024 AED 300,000; 2025 AED 330,000New contract, September 2014: AED 350,000 a yearNew contract, April 2016: AED 280,000 a yearRenewal, April 2017: AED 280,000 a yearRenewal, April 2018: AED 280,000 a yearNew contract, May 2019: AED 250,000 a yearRenewal, May 2020: AED 205,000 a yearNew contract, June 2021: AED 275,000 a yearRenewal, June 2022: AED 275,000 a yearRenewal, June 2023: AED 290,000 a yearNew contract, October 2024: AED 370,000 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 - Atlantic, and where 1005 sits

All 23 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
6 Mar 20256,950,000
23 Sep 20245,750,000
5 Jul 20244,478,597
30 Aug 20235,850,000
0 3-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
10041-bedAED 1.62M · Jan 2011
10062-bedAED 2.29M · Mar 2011

1005, Oceana - Atlantic in numbers

  • Sold 3 times: first on 13 December 2010 for AED 2,947,128, last on 11 July 2013 for AED 5,000,000 (AED 2,193 per sqft).
  • Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 350,000 to AED 205,000 in 2020 and recovered to AED 370,000 by October 2024.
  • At AED 370,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2024.

Questions about 1005, Oceana - Atlantic

What did unit 1005 last sell for?

AED 5,000,000 on 11 July 2013: AED 2,193 per sqft for 2,280 sqft. The unit has 3 registered sales; the first was AED 2,947,128 in December 2010.

What is the rent for unit 1005?

AED 370,000 a year on the contract signed on 14 October 2024. The previous contract, from June 2023, was AED 290,000; the unit has been rented since September 2014.

How big is unit 1005?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1005, Oceana - Atlantic

Starts from the last sale price (AED 5M, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →