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2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 2nd floor · completed 2010

106, Oceana - Caribbean

Sold prices and rental history: sold twice, last in October 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 2.55M24 October 2019
Current rentAED 350K /yr9 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Oceana - Caribbean

What is 106 worth today?

Last sold for AED 2,550,000 in 2019

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9 May 2022RentedNew contract
AED 350,000/yr12 months · AED 205 per sqft
24 Oct 2019SoldReady
AED 2,550,000AED 1,491 per sqft
22 Nov 2016RentedNew contract
AED 195,000/yr12 months · AED 114 per sqft
23 Mar 2011Sold by developerReady
AED 2,154,784AED 1,260 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
2nd of 14
Parking
B1-1234
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.55M · October 2019
Building
Oceana - Caribbean

About 106, Oceana - Caribbean

106 is a two-bedroom apartment of 1,709 sqft on the 2nd floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 October 2019 for AED 2,550,000, or AED 1,491 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 9 May 2022, is AED 350,000 a year: a gross yield of 13.7% on the 2019 price, before the service charge of about AED 39,500 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Oceana - Caribbean
2M4M2010201420182022Typical sale price by year: 2010 AED 2,327,166; 2011 AED 2,391,810; 2012 AED 2,775,000; 2014 AED 4,550,000; 2016 AED 4,000,000; 2023 AED 4,825,000Sold by developer, March 2011: AED 2,154,784 (AED 1,260 per sqft)Sold, October 2019: AED 2,550,000 (AED 1,491 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Oceana - Caribbean
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 202,500; 2014 AED 210,000; 2015 AED 220,000; 2016 AED 210,000; 2017 AED 208,877; 2018 AED 192,500; 2019 AED 162,500; 2020 AED 160,000; 2021 AED 159,000; 2022 AED 215,000; 2023 AED 270,000; 2024 AED 270,000; 2025 AED 275,000New contract, November 2016: AED 195,000 a yearNew contract, May 2022: AED 350,000 a year

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 106 sits

All 29 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
29 Mar 20256,525,000
27 Sep 20247,100,000
4 Jul 20245,555,000
6 Oct 20234,825,000
0 2-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 2nd floor

All 92 units in Oceana - Caribbean
Value
101AED 2.15M · Sep 2010
1023-bedAED 6M · Apr 2022
1031-bedAED 1.4M · Apr 2011
104AED 4.4M · Aug 2025
1053-bedAED 5.9M · Sep 2022

106, Oceana - Caribbean in numbers

  • Sold twice: first on 23 March 2011 for AED 2,154,784, last on 24 October 2019 for AED 2,550,000 (AED 1,491 per sqft).
  • Rented since November 2016 on 2 Ejari contracts, from AED 195,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2019 price is 13.7%, 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 9 May 2022.

Questions about 106, Oceana - Caribbean

What did unit 106 last sell for?

AED 2,550,000 on 24 October 2019: AED 1,491 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,154,784 in March 2011.

What is the rent for unit 106?

AED 350,000 a year on the contract signed on 9 May 2022. The previous contract, from November 2016, was AED 195,000.

How big is unit 106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2010.

What is unit 106 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 106, Oceana - Caribbean

Starts from the last sale price (AED 2.55M, 24 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →