2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 12th floor · completed 2010

1101, Oceana - Caribbean

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 3.1M29 March 2012
Current rentAED 295K /yr26 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Oceana - Caribbean

What is 1101 worth today?

Last sold for AED 3,100,000 in 2012

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26 Jul 2024RentedNew contract
AED 295,000/yr12 months · AED 172 per sqft
1 Jul 2023RentedRenewal
AED 220,800/yr12 months · AED 130 per sqft
1 Jul 2022RentedRenewal
AED 184,000/yr12 months · AED 108 per sqft
16 Jun 2021RentedRenewal
AED 160,000/yr12 months · AED 93 per sqft
16 Jun 2020RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
16 Jun 2019RentedRenewal
AED 165,000/yr12 months · AED 96 per sqft
15 Feb 2017RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft
7 Jun 2015RentedNew contract
AED 231,525/yr12 months · AED 135 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B1-1170
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 3.1M · March 2012

About 1101, Oceana - Caribbean

1101 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 29 March 2012 for AED 3,100,000, or AED 1,813 per sqft, 28% above the AED 1,419 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 26 July 2024, is AED 295,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, October 2010: AED 2,488,775 (AED 1,456 per sqft)Sold, March 2012: AED 3,100,000 (AED 1,813 per sqft)

1101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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, June 2015: AED 231,525 a yearNew contract, February 2017: AED 225,000 a yearRenewal, June 2019: AED 165,000 a yearRenewal, June 2020: AED 130,000 a yearRenewal, June 2021: AED 160,000 a yearRenewal, July 2022: AED 184,000 a yearRenewal, July 2023: AED 220,800 a yearNew contract, July 2024: AED 295,000 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 1101 sits

All 29 2-beds →

1101 last sold in March 2012 at AED 1,813 per sqft, 28% above what two-beds in Oceana - Caribbean were fetching at the time (AED 1,419).

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 12th floor

All 92 units in Oceana - Caribbean
Value
11023-bedAED 7.2M · Apr 2024
1103AED 2.53M · Mar 2013
11041-bedAED 968K · Nov 2011
11053-bedAED 6M · Jun 2022
11062-bedAED 6.53M · Mar 2025

1101, Oceana - Caribbean in numbers

  • Sold twice: first on 11 October 2010 for AED 2,488,775, last on 29 March 2012 for AED 3,100,000 (AED 1,813 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 231,525 to AED 130,000 in 2020 and recovered to AED 295,000 by July 2024.
  • At AED 295,000 a year the gross yield on the 2012 price is 9.5%, 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 26 July 2024.

Questions about 1101, Oceana - Caribbean

What did unit 1101 last sell for?

AED 3,100,000 on 29 March 2012: AED 1,813 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,488,775 in October 2010.

What is the rent for unit 1101?

AED 295,000 a year on the contract signed on 26 July 2024. The previous contract, from July 2023, was AED 220,800; the unit has been rented since June 2015.

How big is unit 1101?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1101 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 1101, Oceana - Caribbean

Starts from the last sale price (AED 3.1M, 29 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →