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

202, Oceana - Atlantic

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 6 March 2019
Last soldAED 3.1M6 March 2019
Current rentAED 200K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Oceana - Atlantic

What is 202 worth today?

Last sold for AED 3,100,000 in 2019

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6 Mar 2019SoldReady
AED 3,100,000AED 1,270 per sqft
1 Sep 2018RentedRenewal
AED 200,000/yr6 months · AED 82 per sqft
1 Sep 2017RentedNew contract
AED 215,000/yr12 months · AED 88 per sqft
20 Nov 2016RentedRenewal
AED 248,663/yr6 months · AED 102 per sqft
20 Nov 2015RentedNew contract
AED 250,000/yr12 months · AED 102 per sqft
15 Dec 2013RentedNew contract
AED 250,000/yr12 months · AED 102 per sqft
9 Aug 2010Sold by developerReady
AED 2,585,200AED 1,059 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2019.

Key facts

Type
3-bed apartment
Size
2,440 sqft
Floor
3rd of 14
Parking
B1-1125,1126
Developer
Seven Tides
Completed
2010
Service charge
AED 56,400 /yr
Last sold
AED 3.1M · March 2019

About 202, Oceana - Atlantic

202 is a three-bedroom apartment of 2,440 sqft on the 3rd floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 6 March 2019 for AED 3,100,000, or AED 1,270 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 September 2018, is AED 200,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 56,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Oceana - Atlantic
3M4M5M2010201320162019Typical 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, August 2010: AED 2,585,200 (AED 1,059 per sqft)Sold, March 2019: AED 3,100,000 (AED 1,270 per sqft)

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

Rents
Unit 202, 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, December 2013: AED 250,000 a yearNew contract, November 2015: AED 250,000 a yearRenewal, November 2016: AED 248,663 a yearNew contract, September 2017: AED 215,000 a yearRenewal, September 2018: AED 200,000 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 202 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 3rd floor

All 92 units in Oceana - Atlantic
Value
2012-bedAED 3.8M · Jun 2022
2031-bedAED 1.8M · Sep 2011
2041-bedAED 3.15M · Dec 2014
2053-bedAED 3.11M · Oct 2011
2062-bedAED 3.35M · Jul 2021

202, Oceana - Atlantic in numbers

  • Sold twice: first on 9 August 2010 for AED 2,585,200, last on 6 March 2019 for AED 3,100,000 (AED 1,270 per sqft).
  • Rented since December 2013 on 5 Ejari contracts, from AED 250,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2019 price is 6.5%, 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 6 March 2019.

Questions about 202, Oceana - Atlantic

What did unit 202 last sell for?

AED 3,100,000 on 6 March 2019: AED 1,270 per sqft for 2,440 sqft. The unit has 2 registered sales; the first was AED 2,585,200 in August 2010.

What is the rent for unit 202?

AED 200,000 a year on the contract renewed on 1 September 2018. The previous contract, from September 2017, was AED 215,000; the unit has been rented since December 2013.

How big is unit 202?

2,440 sqft (226.7 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 202 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 202, Oceana - Atlantic

Starts from the last sale price (AED 3.1M, 6 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →