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5,304 sqftOceana - Baltic, Palm Jumeirah · 14th floor · completed 2010

PH02, Oceana - Baltic

Sold prices and rental history: sold twice, last in June 2015, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH02 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 8M11 June 2015
Current rentAED 625K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH02, Oceana - Baltic

What is PH02 worth today?

Last sold for AED 8,000,000 in 2015

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1 Jun 2024RentedNew contract
AED 625,000/yr24 months · AED 118 per sqft
11 Jun 2015SoldReady
AED 8,000,000AED 1,508 per sqft
12 May 2014Sold by developerReady
AED 4,250,000AED 801 per sqft

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

Key facts

Type
Apartment
Size
5,304 sqft
Floor
14th of 14
Parking
B2-2B3-7,8,9&10
Developer
Seven Tides
Completed
2010
Service charge
AED 122,500 /yr
Last sold
AED 8M · June 2015
Building
Oceana - Baltic

About PH02, Oceana - Baltic

PH02 is an apartment of 5,304 sqft on the 14th floor of Oceana - Baltic, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 11 June 2015 for AED 8,000,000, or AED 1,508 per sqft.

One Ejari contract is registered, from 1 June 2024. The current contract, signed on 1 June 2024, is AED 625,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 122,500 a year.

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 14th floor

All 92 units in Oceana - Baltic
Value
PH014-bedAED 5.96M · Jun 2017

PH02, Oceana - Baltic in numbers

  • Sold twice: first on 12 May 2014 for AED 4,250,000, last on 11 June 2015 for AED 8,000,000 (AED 1,508 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 625,000 a year.
  • At AED 625,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 122,500 a year (AED 23.10 per sqft).

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

Questions about PH02, Oceana - Baltic

What did unit PH02 last sell for?

AED 8,000,000 on 11 June 2015: AED 1,508 per sqft for 5,304 sqft. The unit has 2 registered sales; the first was AED 4,250,000 in May 2014.

What is the rent for unit PH02?

AED 625,000 a year on the contract signed on 1 June 2024.

How big is unit PH02?

5,304 sqft (492.8 sqm): an apartment on the 14th floor of a 14-storey tower completed in 2010.

What is unit PH02 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 PH02, Oceana - Baltic

Starts from the last sale price (AED 8M, 11 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

Plus AED 341,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →