502, Oceana - Baltic
Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Oceana - Baltic
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 6th of 14
- Parking
- B2-2279,2280
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 3.4M · May 2012
- Building
- Oceana - Baltic
About 502, Oceana - Baltic
502 is a three-bedroom apartment of 2,280 sqft on the 6th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 17 May 2012 for AED 3,400,000, or AED 1,491 per sqft, 19% above the AED 1,250 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 264,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 52,700 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceana - Baltic, and where 502 sits
All 25 3-beds →502 last sold in May 2012 at AED 1,491 per sqft, 19% above what three-beds in Oceana - Baltic were fetching at the time (AED 1,250).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202514 April 2025 | 2,280 sqft | 7,100,000 | 3,114 | ||
| 17 Feb 202517 February 2025 | 2,280 sqft | 6,000,000 | 2,631 | ||
| 17 Feb 202517 February 2025 | 2,280 sqft | 6,200,000 | 2,719 | ||
| 26 Jun 202426 June 2024 | 2,280 sqft | 5,300,000 | 2,324 |
Oceana - Baltic
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 4 sold in the last 12 months.
- Typical price per sqft
- AED 3,586
- Typical sale
- AED 5.45M
- Typical rent
- AED 278K /yr
- Typical yield
- 4.4%
Other units on the 6th floor
All 92 units in Oceana - Baltic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 3.3MAED 3,300,000 · Jan 2023January 2023 | 150,000 /yr | |
| 503 | 1-bed | 1,338 sqft | AED 2.48MAED 2,475,000 · Jul 2022July 2022 | 125,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 1.7MAED 1,700,000 · Feb 2011February 2011 | 118,650 /yr | |
| 505 | 3-bed | 2,280 sqft | AED 2.8MAED 2,800,000 · Aug 2011August 2011 | 320,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 2.1MAED 2,100,000 · Apr 2011April 2011 | 252,000 /yr |
502, Oceana - Baltic in numbers
- Sold twice: first on 4 January 2012 for AED 2,750,000, last on 17 May 2012 for AED 3,400,000 (AED 1,491 per sqft).
- Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 250,000 to AED 160,000 in 2021 and recovered to AED 264,000 by March 2024.
- At AED 264,000 a year the gross yield on the 2012 price is 7.8%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Questions about 502, Oceana - Baltic
What did unit 502 last sell for?
AED 3,400,000 on 17 May 2012: AED 1,491 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in January 2012.
What is the rent for unit 502?
AED 264,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 220,000; the unit has been rented since September 2015.
How big is unit 502?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 502 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 502, Oceana - Baltic
Starts from the last sale price (AED 3.4M, 17 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →