506, Oceana - Baltic
Sold prices and rental history: sold once, by the developer in April 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 506, Oceana - Baltic
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 6th of 14
- Parking
- B1-1217
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.1M · April 2011
- Building
- Oceana - Baltic
About 506, Oceana - Baltic
506 is a two-bedroom apartment of 1,709 sqft on the 6th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 26 April 2011 for AED 2,100,000, or AED 1,228 per sqft, 14% below the AED 1,436 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 252,000 a year: a gross yield of 12.0% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 506 over time
506 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 - Baltic, and where 506 sits
All 29 2-beds →506 last sold in April 2011 at AED 1,228 per sqft, 14% below what two-beds in Oceana - Baltic were fetching at the time (AED 1,436). Over the last 12 months two-beds sold for AED 6,000,000 to 6,900,000, around AED 3,773 per sqft, and rent for AED 252,000 to 277,830 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,709 sqft | 6,900,000 | 4,036 | ||
| 4 Feb 20264 February 2026 | 1,709 sqft | 6,000,000 | 3,510 | ||
| 25 Nov 202425 November 2024 | 1,709 sqft | 4,500,000 | 2,632 | ||
| 30 Oct 202430 October 2024 | 1,709 sqft | 5,380,000 | 3,147 |
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 | |
| 502 | 3-bed | 2,280 sqft | AED 3.4MAED 3,400,000 · May 2012May 2012 | 264,000 /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, Oceana - Baltic in numbers
- Sold once: by Seven Tides on 26 April 2011 for AED 2,100,000, or AED 1,228 per sqft.
- Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 125,000 in 2020 and recovered to AED 252,000 by December 2025.
- At AED 252,000 a year the gross yield on the 2011 price is 12.0%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
- Two-beds in Oceana - Baltic sold for AED 6,000,000–6,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,586 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2025.
Questions about 506, Oceana - Baltic
What did unit 506 last sell for?
AED 2,100,000 on 26 April 2011, sold by the developer: AED 1,228 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 252,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2024, was AED 240,000; the unit has been rented since March 2014.
How big is unit 506?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Baltic sold for AED 6,000,000 to 6,900,000 in the last 12 months, around AED 3,773 per sqft.
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Mortgage on 506, Oceana - Baltic
Starts from the last sale price (AED 2.1M, 26 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →