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2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 12th floor · completed 2010

1106, Oceana - Atlantic

Sold prices and rental history: sold twice, last in November 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 1 November 2012
Last soldAED 3.15M1 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Oceana - Atlantic

What is 1106 worth today?

Last sold for AED 3,150,000 in 2012

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1 Nov 2012SoldReady
AED 3,150,000AED 1,842 per sqft
19 Aug 2010Sold by developerReady
AED 2,315,140AED 1,354 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2012.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B2-2068
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.15M · November 2012
Building
Oceana - Atlantic

About 1106, Oceana - Atlantic

1106 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 1 November 2012 for AED 3,150,000, or AED 1,842 per sqft, 33% above the AED 1,382 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Oceana - Atlantic
2M4M2010201420182022Typical sale price by year: 2010 AED 2,149,773; 2011 AED 2,209,907; 2012 AED 2,644,200; 2013 AED 3,500,000; 2014 AED 3,790,000; 2022 AED 3,650,000; 2023 AED 4,650,000Sold by developer, August 2010: AED 2,315,140 (AED 1,354 per sqft)Sold, November 2012: AED 3,150,000 (AED 1,842 per sqft)

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Oceana - Atlantic
200K300K2013201720212025Typical rent by year: 2013 AED 210,000; 2014 AED 220,250; 2015 AED 225,000; 2016 AED 210,000; 2017 AED 205,000; 2018 AED 190,000; 2019 AED 170,000; 2020 AED 140,000; 2021 AED 143,750; 2022 AED 167,500; 2023 AED 231,000; 2024 AED 260,000; 2025 AED 277,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceana - Atlantic, and where 1106 sits

All 26 2-beds →

1106 last sold in November 2012 at AED 1,842 per sqft, 33% above what two-beds in Oceana - Atlantic were fetching at the time (AED 1,382).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20244,990,000
22 Jun 20234,650,000
21 Jun 20234,600,000
18 May 20235,000,000
0 2-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
11023-bedAED 2.99M · Jan 2011
11031-bedAED 1.97M · Jul 2012
11041-bedAED 1.88M · Mar 2021
11053-bedAED 5.85M · Aug 2023

1106, Oceana - Atlantic in numbers

  • Sold twice: first on 19 August 2010 for AED 2,315,140, last on 1 November 2012 for AED 3,150,000 (AED 1,842 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2012.

Questions about 1106, Oceana - Atlantic

What did unit 1106 last sell for?

AED 3,150,000 on 1 November 2012: AED 1,842 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,315,140 in August 2010.

How big is unit 1106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1106 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 1106, Oceana - Atlantic

Starts from the last sale price (AED 3.15M, 1 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →