1-bed · 1,491 sqftOceana - Baltic, Palm Jumeirah · Ground floor · completed 2010

G03, Oceana - Baltic

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 2.2M18 September 2023
Current rentAED 100K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Oceana - Baltic

What is G03 worth today?

Last sold for AED 2,200,000 in 2023

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18 Sep 2023SoldReady
AED 2,200,000AED 1,475 per sqft
5 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
1 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
25 Oct 2018RentedRenewal
AED 140,000/yr12 months · AED 94 per sqft
25 Oct 2017RentedRenewal
AED 140,000/yr12 months · AED 94 per sqft
25 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
29 Sep 2015RentedNew contract
AED 128,021/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2023.

Key facts

Type
1-bed apartment
Size
1,491 sqft
Floor
Ground of 14
Parking
B2-2344
Developer
Seven Tides
Completed
2010
Service charge
AED 34,400 /yr
Last sold
AED 2.2M · September 2023

About G03, Oceana - Baltic

G03 is a one-bedroom apartment of 1,491 sqft on the ground floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 18 September 2023 for AED 2,200,000, or AED 1,475 per sqft, 33% below the AED 2,204 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 5 December 2021, is AED 100,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 34,400 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, August 2012: AED 1,431,360 (AED 960 per sqft)Sold, September 2012: AED 2,300,000 (AED 1,543 per sqft)Sold, September 2023: AED 2,200,000 (AED 1,475 per sqft)

G03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, 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, September 2015: AED 128,021 a yearNew contract, October 2016: AED 140,000 a yearRenewal, October 2017: AED 140,000 a yearRenewal, October 2018: AED 140,000 a yearNew contract, December 2019: AED 85,000 a yearNew contract, December 2020: AED 85,000 a yearNew contract, December 2021: AED 100,000 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 G03 sits

All 34 1-beds →

G03 last sold in September 2023 at AED 1,475 per sqft, 33% below what one-beds in Oceana - Baltic were fetching at the time (AED 2,204). 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 ground floor

All 92 units in Oceana - Baltic
Value
G012-bedAED 2.1M · Mar 2021
G021-bedAED 1.3M · Jan 2021
G041-bedAED 2.03M · Jun 2018
G051-bedAED 2.78M · Oct 2023
G061-bedAED 2.55M · Jul 2024
G071-bedAED 2.2M · Nov 2012
G082-bedAED 4.18M · Mar 2024

G03, Oceana - Baltic in numbers

  • Sold 3 times: first on 15 August 2012 for AED 1,431,360, last on 18 September 2023 for AED 2,200,000 (AED 1,475 per sqft).
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 128,021 to AED 85,000 in 2020 and recovered to AED 100,000 by December 2021.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 34,400 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 18 September 2023.

Questions about G03, Oceana - Baltic

What did unit G03 last sell for?

AED 2,200,000 on 18 September 2023: AED 1,475 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,431,360 in August 2012.

What is the rent for unit G03?

AED 100,000 a year on the contract signed on 5 December 2021. The previous contract, from December 2020, was AED 85,000; the unit has been rented since September 2015.

How big is unit G03?

1,491 sqft (138.5 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G03 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 G03, Oceana - Baltic

Starts from the last sale price (AED 2.2M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →