1-bed · 1,338 sqftOceana - Baltic, Palm Jumeirah · 9th floor · completed 2010

803, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 3.05M6 December 2022
Current rentAED 170K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Oceana - Baltic

What is 803 worth today?

Last sold for AED 3,050,000 in 2022

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1 May 2024RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
6 Dec 2022SoldReady
AED 3,050,000AED 2,279 per sqft
23 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
23 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
15 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
15 Oct 2015RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
8 Jul 2014SoldReady
AED 3,100,000AED 2,316 per sqft
1 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
9th of 14
Parking
B1-1286
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3.05M · December 2022

About 803, Oceana - Baltic

803 is a one-bedroom apartment of 1,338 sqft on the 9th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 6 December 2022 for AED 3,050,000, or AED 2,279 per sqft, 59% above the AED 1,434 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 170,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 30,900 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Oceana - Baltic
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,685,010; 2011 AED 1,746,134; 2012 AED 1,772,570; 2013 AED 2,150,000; 2014 AED 2,975,000; 2022 AED 2,362,500; 2023 AED 2,950,000; 2025 AED 4,625,000Sold by developer, June 2011: AED 1,815,885 (AED 1,356 per sqft)Sold, July 2014: AED 3,100,000 (AED 2,316 per sqft)Sold, December 2022: AED 3,050,000 (AED 2,279 per sqft)

803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, each contractTypical one-bed in Oceana - Baltic
100K150K2012201620202024Typical rent by year: 2012 AED 132,300; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 152,500; 2017 AED 145,000; 2018 AED 139,500; 2019 AED 121,389; 2020 AED 105,000; 2021 AED 107,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 165,000; 2025 AED 152,500New contract, July 2014: AED 150,000 a yearNew contract, October 2015: AED 160,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, May 2024: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oceana - Baltic, and where 803 sits

All 34 1-beds →

803 last sold in December 2022 at AED 2,279 per sqft, 59% above what one-beds in Oceana - Baltic were fetching at the time (AED 1,434). Over the last 12 months one-beds sold for AED 4,000,000 to 4,900,000, around AED 3,325 per sqft, and rent for AED 127,988 to 127,988 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20264,000,000
16 Dec 20254,900,000
16 May 20254,750,000
27 Mar 20254,500,000
2 1-bed sales in the last 12 months

Oceana - Baltic

Building

92 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%
Oceana - Baltic, Palm Jumeirah: prices, sales and rents →

Other units on the 9th floor

All 92 units in Oceana - Baltic
Value
8012-bedAED 2.53M · Oct 2010
8023-bedAED 5.48M · Jan 2024
8041-bedAED 4.5M · Mar 2025
8053-bedAED 2.48M · Mar 2023
8062-bedAED 5M · Sep 2024

803, Oceana - Baltic in numbers

  • Sold 3 times: first on 28 June 2011 for AED 1,815,885, last on 6 December 2022 for AED 3,050,000 (AED 2,279 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 170,000 by May 2024.
  • At AED 170,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
  • One-beds in Oceana - Baltic sold for AED 4,000,000–4,900,000 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 1 May 2024.

Questions about 803, Oceana - Baltic

What did unit 803 last sell for?

AED 3,050,000 on 6 December 2022: AED 2,279 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,815,885 in June 2011.

What is the rent for unit 803?

AED 170,000 a year on the contract renewed on 1 May 2024. The previous contract, from September 2021, was AED 120,000; the unit has been rented since July 2014.

How big is unit 803?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 9th floor of a 14-storey tower completed in 2010.

What is unit 803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oceana - Baltic sold for AED 4,000,000 to 4,900,000 in the last 12 months, around AED 3,325 per sqft.

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Mortgage on 803, Oceana - Baltic

Starts from the last sale price (AED 3.05M, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →