706, 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.
Property timeline for 706, Oceana - Atlantic
What is 706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B1-1080
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.19M · January 2011
- Building
- Oceana - Atlantic
About 706, Oceana - Atlantic
706 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 30 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 7 Ejari contracts. The current contract, signed on 3 May 2024, is AED 340,000 a year: a gross yield of 15.5% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 706 over time
706 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 706 sits
All 26 2-beds →706 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 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 8th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,709 sqft | AED 2.19MAED 2,194,873 · Jan 2011January 2011 | 242,000 /yr | |
| 702 | 2,440 sqft | AED 5.8MAED 5,800,000 · Aug 2025August 2025 | 345,000 /yr | ||
| 703 | 1-bed | 1,338 sqft | AED 3.5MAED 3,500,000 · Mar 2025March 2025 | 126,795 /yr | |
| 704 | 1-bed | 1,338 sqft | AED 1.8MAED 1,800,000 · Dec 2012December 2012 | ||
| 705 | 3-bed | 2,280 sqft | AED 3.59MAED 3,585,000 · Jan 2011January 2011 | 330,000 /yr |
706, Oceana - Atlantic in numbers
- Sold once: by Seven Tides on 30 January 2011 for AED 2,194,873, or AED 1,284 per sqft.
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 198,450 to AED 160,000 in 2019 and recovered to AED 340,000 by May 2024.
- At AED 340,000 a year the gross yield on the 2011 price is 15.5%, 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 3 May 2024.
Questions about 706, Oceana - Atlantic
What did unit 706 last sell for?
AED 2,194,873 on 30 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 706?
AED 340,000 a year on the contract signed on 3 May 2024. The previous contract, from September 2019, was AED 160,000; the unit has been rented since October 2013.
How big is unit 706?
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 706 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 706, Oceana - Atlantic
Starts from the last sale price (AED 2.19M, 30 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 →