1004, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Oceana - Caribbean
What is 1004 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 11th of 14
- Parking
- B1-1167
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.74M · June 2011
- Building
- Oceana - Caribbean
About 1004, Oceana - Caribbean
1004 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. The developer sold it on 6 June 2011 for AED 1,743,335, or AED 1,302 per sqft, 6% above the AED 1,234 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 198,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the one-bed median of each year in the building.
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 1004 sits
All 31 1-beds →1004 last sold in June 2011 at AED 1,302 per sqft, 6% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,234). 1004's AED 198,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20251 May 2025 | 1,338 sqft | 4,500,000 | 3,362 | ||
| 12 Dec 202412 December 2024 | 1,491 sqft | 2,850,000 | 1,911 | ||
| 25 Nov 202425 November 2024 | 1,338 sqft | 3,700,000 | 2,764 | ||
| 29 Aug 202429 August 2024 | 1,891 sqft | 4,050,000 | 2,141 |
Oceana - Caribbean
Building92 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%
Other units on the 11th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.46MAED 2,456,453 · Dec 2010December 2010 | 165,000 /yr | |
| 1002 | 3-bed | 2,280 sqft | AED 7MAED 7,000,000 · Apr 2016April 2016 | ||
| 1003 | 1-bed | 1,338 sqft | AED 3MAED 3,000,000 · Oct 2015October 2015 | 126,000 /yr | |
| 1005 | 3-bed | 2,280 sqft | AED 3.17MAED 3,168,163 · May 2011May 2011 | 380,000 /yr | |
| 1006 | 2-bed | 1,709 sqft | AED 5.1MAED 5,100,000 · May 2023May 2023 | 325,000 /yr |
1004, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 6 June 2011 for AED 1,743,335, or AED 1,302 per sqft.
- Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 125,000 in 2021 and recovered to AED 198,000 by August 2024.
- At AED 198,000 a year the gross yield on the 2011 price is 11.4%, 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 25 August 2024.
Questions about 1004, Oceana - Caribbean
What did unit 1004 last sell for?
AED 1,743,335 on 6 June 2011, sold by the developer: AED 1,302 per sqft for 1,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 198,000 a year on the contract renewed on 25 August 2024. The previous contract, from August 2023, was AED 180,000; the unit has been rented since October 2016.
How big is unit 1004?
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 1004 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 1004, Oceana - Caribbean
Starts from the last sale price (AED 1.74M, 6 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,743,335
- Deposit, UAE resident (20%)
- AED 348,667
- Deposit, non-resident (40%)
- AED 697,334
- Monthly over 25 years at 3.7%
- AED 7,133
Plus AED 78,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →