1,709 sqftOceana - Atlantic, Palm Jumeirah · 2nd floor · completed 2010

106, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 2M18 August 2010
Current rentAED 188K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Oceana - Atlantic

What is 106 worth today?

Last sold for AED 2,004,450 in 2010

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5 Nov 2024RentedRenewal
AED 188,370/yr12 months · AED 110 per sqft
5 Nov 2023RentedRenewal
AED 179,400/yr12 months · AED 105 per sqft
5 Nov 2021RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
5 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
5 Nov 2018RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
5 Nov 2017RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft
5 Nov 2016RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
29 Oct 2015RentedNew contract
AED 215,000/yr12 months · AED 126 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Key facts

Type
Apartment
Size
1,709 sqft
Floor
2nd of 14
Parking
B2-2128
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2M · August 2010

About 106, Oceana - Atlantic

106 is an apartment of 1,709 sqft on the 2nd floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 18 August 2010 for AED 2,004,450, or AED 1,172 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 188,370 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 39,500 a year.

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 2nd floor

All 92 units in Oceana - Atlantic
Value
1012-bedAED 3.4M · Feb 2017
1023-bedAED 2.59M · Jan 2011
1031-bedAED 1.99M · Jul 2012
1041-bedAED 1.39M · Aug 2010
1053-bedAED 4.98M · Mar 2022

106, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 18 August 2010 for AED 2,004,450, or AED 1,172 per sqft.
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 215,000 to AED 130,000 in 2021 and recovered to AED 188,370 by November 2024.
  • At AED 188,370 a year the gross yield on the 2010 price is 9.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Questions about 106, Oceana - Atlantic

What did unit 106 last sell for?

AED 2,004,450 on 18 August 2010, sold by the developer: AED 1,172 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 188,370 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 179,400; the unit has been rented since October 2015.

How big is unit 106?

1,709 sqft (158.8 sqm): an apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 106 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 106, Oceana - Atlantic

Starts from the last sale price (AED 2M, 18 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,004,450
Deposit, UAE resident (20%)
AED 400,890
Deposit, non-resident (40%)
AED 801,780
Monthly over 25 years at 3.7%
AED 8,201

Plus AED 89,197 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →