806, 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 806, Oceana - Atlantic
What is 806 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 9th of 14
- Parking
- B2-2115
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.22M · January 2011
- Building
- Oceana - Atlantic
About 806, Oceana - Atlantic
806 is a two-bedroom apartment of 1,709 sqft on the 9th floor of Oceana - Atlantic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 4 January 2011 for AED 2,224,940, or AED 1,301 per sqft, 4% above the AED 1,248 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 275,000 a year: a gross yield of 12.4% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 806 over time
806 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 806 sits
All 26 2-beds →806 last sold in January 2011 at AED 1,301 per sqft, 4% above what two-beds in Oceana - Atlantic were fetching at the time (AED 1,248).
| 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 9th floor
All 92 units in Oceana - Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,709 sqft | AED 2.22MAED 2,224,940 · Aug 2010August 2010 | 285,000 /yr | |
| 802 | 3-bed | 2,440 sqft | AED 4.9MAED 4,900,000 · Nov 2013November 2013 | ||
| 803 | 1-bed | 1,338 sqft | AED 2.5MAED 2,500,000 · Jan 2017January 2017 | 170,000 /yr | |
| 804 | 1-bed | 669 sqft | AED 2MAED 2,000,000 · Jul 2021July 2021 | 225,000 /yr | |
| 805 | 3-bed | 2,280 sqft | AED 3.4MAED 3,395,000 · May 2011May 2011 | 340,750 /yr |
806, Oceana - Atlantic in numbers
- Sold once: by Seven Tides on 4 January 2011 for AED 2,224,940, or AED 1,301 per sqft.
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 225,000 to AED 152,000 in 2020 and recovered to AED 275,000 by July 2024.
- At AED 275,000 a year the gross yield on the 2011 price is 12.4%, 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 20 July 2024.
Questions about 806, Oceana - Atlantic
What did unit 806 last sell for?
AED 2,224,940 on 4 January 2011, sold by the developer: AED 1,301 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 806?
AED 275,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 275,000; the unit has been rented since March 2014.
How big is unit 806?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2010.
What is unit 806 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 806, Oceana - Atlantic
Starts from the last sale price (AED 2.22M, 4 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,224,940
- Deposit, UAE resident (20%)
- AED 444,988
- Deposit, non-resident (40%)
- AED 889,976
- Monthly over 25 years at 3.7%
- AED 9,103
Plus AED 98,458 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →