1006, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Oceana - Caribbean
What is 1006 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 11th of 14
- Parking
- B1-1194
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 5.1M · May 2023
- Building
- Oceana - Caribbean
About 1006, Oceana - Caribbean
1006 is a two-bedroom apartment of 1,709 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 19 May 2023 for AED 5,100,000, or AED 2,983 per sqft, 25% above the AED 2,389 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 325,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1006 over time
1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Oceana - Caribbean, and where 1006 sits
All 29 2-beds →1006 last sold in May 2023 at AED 2,983 per sqft, 25% above what two-beds in Oceana - Caribbean were fetching at the time (AED 2,389).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Mar 202529 March 2025 | 1,709 sqft | 6,525,000 | 3,817 | ||
| 27 Sep 202427 September 2024 | 1,955 sqft | 7,100,000 | 3,632 | ||
| 4 Jul 20244 July 2024 | 1,709 sqft | 5,555,000 | 3,250 | ||
| 6 Oct 20236 October 2023 | 1,709 sqft | 4,825,000 | 2,822 |
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 | |
| 1004 | 1-bed | 1,338 sqft | AED 1.74MAED 1,743,335 · Jun 2011June 2011 | 198,000 /yr | |
| 1005 | 3-bed | 2,280 sqft | AED 3.17MAED 3,168,163 · May 2011May 2011 | 380,000 /yr |
1006, Oceana - Caribbean in numbers
- Sold 3 times: first on 2 January 2011 for AED 2,456,453, last on 19 May 2023 for AED 5,100,000 (AED 2,983 per sqft).
- Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2021 and recovered to AED 325,000 by October 2024.
- At AED 325,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Questions about 1006, Oceana - Caribbean
What did unit 1006 last sell for?
AED 5,100,000 on 19 May 2023: AED 2,983 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,456,453 in January 2011.
What is the rent for unit 1006?
AED 325,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 348,128; the unit has been rented since October 2012.
How big is unit 1006?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1006 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 1006, Oceana - Caribbean
Starts from the last sale price (AED 5.1M, 19 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus AED 219,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →