3-bed · 2,440 sqftOceana - Atlantic, Palm Jumeirah · 12th floor · completed 2010

1102, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 2.99M2 January 2011
Current rentAED 220K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Oceana - Atlantic

What is 1102 worth today?

Last sold for AED 2,985,906 in 2011

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29 Aug 2024RentedNew contract
AED 220,000/yr60 months · AED 90 per sqft
20 Nov 2017RentedRenewal
AED 180,000/yr12 months · AED 74 per sqft
20 Nov 2015RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
7 Nov 2012RentedNew contract
AED 220,000/yr12 months · AED 90 per sqft
2 Jan 2011Sold by developerReady
AED 2,985,906AED 1,223 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
12th of 14
Parking
B2-2075,2076
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 2.99M · January 2011

About 1102, Oceana - Atlantic

1102 is a three-bedroom apartment of 2,440 sqft on the 12th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 2 January 2011 for AED 2,985,906, or AED 1,223 per sqft, in line with the AED 1,224 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 29 August 2024, is AED 220,000 a year: a gross yield of 7.4% on the 2011 price, before the service charge of about AED 56,400 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical three-bed in Oceana - Atlantic
3M4M5M2010201220142016Typical 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, January 2011: AED 2,985,906 (AED 1,223 per sqft)

1102 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, each contractTypical three-bed in Oceana - Atlantic
200K300K2012201620202024Typical 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, November 2012: AED 220,000 a yearNew contract, November 2015: AED 180,000 a yearRenewal, November 2017: AED 180,000 a yearNew contract, August 2024: AED 220,000 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 1102 sits

All 23 3-beds →

1102 last sold in January 2011 at AED 1,223 per sqft, in line with what three-beds in Oceana - Atlantic were fetching at the time (AED 1,224).

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 12th floor

All 92 units in Oceana - Atlantic
Value
11012-bedAED 3.55M · Jun 2013
11031-bedAED 1.97M · Jul 2012
11041-bedAED 1.88M · Mar 2021
11053-bedAED 5.85M · Aug 2023
11062-bedAED 3.15M · Nov 2012

1102, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 2 January 2011 for AED 2,985,906, or AED 1,223 per sqft.
  • Rented since November 2012 on 4 Ejari contracts. The rent fell from AED 220,000 to AED 180,000 in 2017 and recovered to AED 220,000 by August 2024.
  • At AED 220,000 a year the gross yield on the 2011 price is 7.4%, before a service charge of about AED 56,400 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.

Questions about 1102, Oceana - Atlantic

What did unit 1102 last sell for?

AED 2,985,906 on 2 January 2011, sold by the developer: AED 1,223 per sqft for 2,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 220,000 a year on the contract signed on 29 August 2024. The previous contract, from November 2017, was AED 180,000; the unit has been rented since November 2012.

How big is unit 1102?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1102 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 1102, Oceana - Atlantic

Starts from the last sale price (AED 2.99M, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,985,906
Deposit, UAE resident (20%)
AED 597,181
Deposit, non-resident (40%)
AED 1,194,362
Monthly over 25 years at 3.7%
AED 12,216

Plus AED 130,418 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →