306, Oceana - Atlantic
Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Oceana - Atlantic
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 4th of 14
- Parking
- B1-1138
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.03M · January 2011
- Building
- Oceana - Atlantic
About 306, Oceana - Atlantic
306 is a two-bedroom apartment of 1,709 sqft on the 4th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 3 January 2011 for AED 2,034,517, or AED 1,190 per sqft, 3% below the AED 1,228 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 November 2024, is AED 280,000 a year: a gross yield of 13.8% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 26 2-beds →306 last sold in January 2011 at AED 1,190 per sqft, 3% below what two-beds in Oceana - Atlantic were fetching at the time (AED 1,228).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20242 February 2024 | 1,709 sqft | 4,990,000 | 2,919 | ||
| 22 Jun 202322 June 2023 | 1,955 sqft | 4,650,000 | 2,378 | ||
| 21 Jun 202321 June 2023 | 1,709 sqft | 4,600,000 | 2,691 | ||
| 18 May 202318 May 2023 | 1,709 sqft | 5,000,000 | 2,925 |
Oceana - Atlantic
Building92 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
Other units on the 4th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,709 sqft | AED 3.7MAED 3,700,000 · Dec 2015December 2015 | 270,000 /yr | |
| 302 | 3-bed | 2,440 sqft | AED 5.75MAED 5,750,000 · Sep 2024September 2024 | 259,574 /yr | |
| 303 | 1-bed | 1,338 sqft | AED 3.55MAED 3,550,000 · Jun 2025June 2025 | 158,000 /yr | |
| 304 | 1-bed | 1,338 sqft | AED 1.37MAED 1,365,648 · Aug 2010August 2010 | 120,000 /yr | |
| 305 | 3-bed | 2,280 sqft | AED 4.66MAED 4,660,000 · Jun 2022June 2022 | 360,000 /yr |
306, Oceana - Atlantic in numbers
- Sold once: by Seven Tides on 3 January 2011 for AED 2,034,517, or AED 1,190 per sqft.
- Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 270,000 to AED 138,462 in 2021 and recovered to AED 280,000 by November 2024.
- At AED 280,000 a year the gross yield on the 2011 price is 13.8%, 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 1 November 2024.
Questions about 306, Oceana - Atlantic
What did unit 306 last sell for?
AED 2,034,517 on 3 January 2011, sold by the developer: AED 1,190 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 280,000 a year on the contract signed on 1 November 2024. The previous contract, from September 2023, was AED 280,000; the unit has been rented since November 2014.
How big is unit 306?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2010.
What is unit 306 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 306, Oceana - Atlantic
Starts from the last sale price (AED 2.03M, 3 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,034,517
- Deposit, UAE resident (20%)
- AED 406,903
- Deposit, non-resident (40%)
- AED 813,807
- Monthly over 25 years at 3.7%
- AED 8,324
Plus AED 90,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →