2-bed · 1,709 sqftOceana - Atlantic, Palm Jumeirah · 8th floor · completed 2010

701, Oceana - Atlantic

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

Unit 701 · DLD and Ejari recordsUpdated 14 July 2025
Last soldAED 2.19M5 January 2011
Current rentAED 242K /yr14 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Oceana - Atlantic

What is 701 worth today?

Last sold for AED 2,194,873 in 2011

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14 Jul 2025RentedRenewal
AED 242,000/yr12 months · AED 141 per sqft
14 Jul 2024RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
14 Jul 2023RentedRenewal
AED 220,000/yr12 months · AED 129 per sqft
14 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
1 Oct 2021RentedRenewal
AED 138,000/yr9 months · AED 81 per sqft
1 May 2019RentedRenewal
AED 187,500/yr12 months · AED 110 per sqft
1 May 2018RentedRenewal
AED 194,750/yr12 months · AED 114 per sqft
18 Apr 2015RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
8th of 14
Parking
B1-1086
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.19M · January 2011

About 701, Oceana - Atlantic

701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 5 January 2011 for AED 2,194,873, or AED 1,284 per sqft, in line with the AED 1,266 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 14 July 2025, is AED 242,000 a year: a gross yield of 11.0% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, January 2011: AED 2,194,873 (AED 1,284 per sqft)

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

Rents
Unit 701, 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 277,500New contract, October 2013: AED 210,000 a yearNew contract, April 2015: AED 225,000 a yearRenewal, May 2018: AED 194,750 a yearRenewal, May 2019: AED 187,500 a yearRenewal, October 2021: AED 138,000 a yearNew contract, July 2022: AED 200,000 a yearRenewal, July 2023: AED 220,000 a yearNew contract, July 2024: AED 220,000 a yearRenewal, July 2025: AED 242,000 a year

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 701 sits

All 26 2-beds →

701 last sold in January 2011 at AED 1,284 per sqft, in line with what two-beds in Oceana - Atlantic were fetching at the time (AED 1,266).

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 8th floor

All 92 units in Oceana - Atlantic
Value
702AED 5.8M · Aug 2025
7031-bedAED 3.5M · Mar 2025
7041-bedAED 1.8M · Dec 2012
7053-bedAED 3.59M · Jan 2011
7062-bedAED 2.19M · Jan 2011

701, Oceana - Atlantic in numbers

  • Sold once: by Seven Tides on 5 January 2011 for AED 2,194,873, or AED 1,284 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 210,000 to AED 138,000 in 2021 and recovered to AED 242,000 by July 2025.
  • At AED 242,000 a year the gross yield on the 2011 price is 11.0%, 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 14 July 2025.

Questions about 701, Oceana - Atlantic

What did unit 701 last sell for?

AED 2,194,873 on 5 January 2011, sold by the developer: AED 1,284 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 242,000 a year on the contract renewed on 14 July 2025. The previous contract, from July 2024, was AED 220,000; the unit has been rented since October 2013.

How big is unit 701?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 701 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 701, Oceana - Atlantic

Starts from the last sale price (AED 2.19M, 5 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,194,873
Deposit, UAE resident (20%)
AED 438,975
Deposit, non-resident (40%)
AED 877,949
Monthly over 25 years at 3.7%
AED 8,980

Plus AED 97,195 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →