1-bed · 1,338 sqftOceana - Atlantic, Palm Jumeirah · 13th floor · completed 2010

1204, Oceana - Atlantic

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 22 February 2022
Last soldAED 1.6M27 April 2011
Current rentAED 125K /yr22 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Oceana - Atlantic

What is 1204 worth today?

Last sold for AED 1,600,000 in 2011

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22 Feb 2022RentedRenewal
AED 125,000/yr8 months · AED 93 per sqft
22 Feb 2021RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
1 Mar 2019RentedRenewal
AED 148,000/yr12 months · AED 111 per sqft
2 Jul 2014RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
2 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
27 Apr 2011Sold by developerReady
AED 1,600,000AED 1,195 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2022.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
13th of 14
Parking
B2-2049
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.6M · April 2011

About 1204, Oceana - Atlantic

1204 is a one-bedroom apartment of 1,338 sqft on the 13th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 27 April 2011 for AED 1,600,000, or AED 1,195 per sqft, 4% above the AED 1,148 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 22 February 2022, is AED 125,000 a year: a gross yield of 7.8% on the 2011 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, April 2011: AED 1,600,000 (AED 1,195 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, 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 2013: AED 145,000 a yearNew contract, July 2014: AED 145,000 a yearRenewal, March 2019: AED 148,000 a yearNew contract, February 2021: AED 125,000 a yearRenewal, February 2022: AED 125,000 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 1204 sits

All 33 1-beds →

1204 last sold in April 2011 at AED 1,195 per sqft, 4% above what one-beds in Oceana - Atlantic were fetching at the time (AED 1,148).

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 13th floor

All 92 units in Oceana - Atlantic
Value
12012-bedAED 2.35M · Apr 2011
12023-bedAED 3.45M · May 2021
12031-bedAED 2.5M · Jul 2021
12053-bedAED 3.02M · Dec 2010
1206AED 6.55M · Nov 2025

1204, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 27 April 2011 for AED 1,600,000, or AED 1,195 per sqft.
  • Rented since July 2013 on 5 Ejari contracts, from AED 145,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2011 price is 7.8%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2022.

Questions about 1204, Oceana - Atlantic

What did unit 1204 last sell for?

AED 1,600,000 on 27 April 2011, sold by the developer: AED 1,195 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 125,000 a year on the contract renewed on 22 February 2022. The previous contract, from February 2021, was AED 125,000; the unit has been rented since July 2013.

How big is unit 1204?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1204 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 1204, Oceana - Atlantic

Starts from the last sale price (AED 1.6M, 27 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →