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1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 11th floor · completed 2010

1003, Oceana - Caribbean

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

Unit 1003 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 3M18 October 2015
Current rentAED 126K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Oceana - Caribbean

What is 1003 worth today?

Last sold for AED 3,000,000 in 2015

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1 Jan 2025RentedRenewal
AED 126,000/yr12 months · AED 94 per sqft
1 Jan 2024RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
1 Jan 2023RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
1 Jan 2022RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
1 Jan 2021RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
1 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
25 Mar 2019RentedNew contract
AED 145,000/yr12 months · AED 109 per sqft
12 Nov 2015RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
11th of 14
Parking
B2-2183
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 3M · October 2015
Building
Oceana - Caribbean

About 1003, Oceana - Caribbean

1003 is a one-bedroom apartment of 1,338 sqft on the 11th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 18 October 2015 for AED 3,000,000, or AED 2,241 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 126,000 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Oceana - Caribbean
2M3M2010201420182022Typical sale price by year: 2010 AED 1,628,642; 2011 AED 1,688,529; 2012 AED 1,800,000; 2013 AED 2,600,000; 2014 AED 2,180,000; 2017 AED 2,425,000; 2021 AED 1,850,000; 2022 AED 2,550,000; 2024 AED 3,250,000Sold by developer, September 2010: AED 1,743,335 (AED 1,302 per sqft)Sold, October 2015: AED 3,000,000 (AED 2,241 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Oceana - Caribbean
100K150K2013201720212025Typical rent by year: 2013 AED 147,500; 2014 AED 155,000; 2015 AED 165,834; 2016 AED 165,000; 2017 AED 155,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 130,000; 2023 AED 170,000; 2024 AED 181,500; 2025 AED 179,246New contract, November 2015: AED 165,000 a yearNew contract, March 2019: AED 145,000 a yearNew contract, November 2019: AED 140,000 a yearNew contract, January 2021: AED 120,000 a yearRenewal, January 2022: AED 120,000 a yearRenewal, January 2023: AED 120,000 a yearRenewal, January 2024: AED 120,000 a yearRenewal, January 2025: AED 126,000 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 - Caribbean, and where 1003 sits

All 31 1-beds →

1003's AED 126,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 20254,500,000
12 Dec 20242,850,000
25 Nov 20243,700,000
29 Aug 20244,050,000
0 1-bed sales in the last 12 months

Oceana - Caribbean

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 1 sold in the last 12 months.

Typical price per sqft
AED 5,044
Typical sale
AED 11.5M
Typical rent
AED 306K /yr
Typical yield
3.4%
Oceana - Caribbean, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Caribbean
Value
10012-bedAED 2.46M · Dec 2010
10023-bedAED 7M · Apr 2016
10041-bedAED 1.74M · Jun 2011
10053-bedAED 3.17M · May 2011
10062-bedAED 5.1M · May 2023

1003, Oceana - Caribbean in numbers

  • Sold twice: first on 15 September 2010 for AED 1,743,335, last on 18 October 2015 for AED 3,000,000 (AED 2,241 per sqft).
  • Rented since November 2015 on 8 Ejari contracts, from AED 165,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2015 price is 4.2%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.

Questions about 1003, Oceana - Caribbean

What did unit 1003 last sell for?

AED 3,000,000 on 18 October 2015: AED 2,241 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,743,335 in September 2010.

What is the rent for unit 1003?

AED 126,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 120,000; the unit has been rented since November 2015.

How big is unit 1003?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.

What is unit 1003 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 1003, Oceana - Caribbean

Starts from the last sale price (AED 3M, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →