2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 13th floor · completed 2010

1201, Oceana - Caribbean

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 2.52M13 April 2011
Current rentAED 357K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Oceana - Caribbean

What is 1201 worth today?

Last sold for AED 2,521,097 in 2011

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20 Jan 2026RentedRenewal
AED 357,075/yr12 months · AED 209 per sqft
20 Jan 2025RentedRenewal
AED 310,500/yr12 months · AED 182 per sqft
10 Dec 2022RentedRenewal
AED 190,000/yr12 months · AED 111 per sqft
10 Dec 2021RentedNew contract
AED 190,000/yr12 months · AED 111 per sqft
9 Oct 2020RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
9 Oct 2019RentedRenewal
AED 160,000/yr12 months · AED 94 per sqft
9 Oct 2018RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
1 Jan 2018RentedRenewal
AED 180,000/yr12 months · AED 105 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
13th of 14
Parking
B1-1188
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.52M · April 2011

About 1201, Oceana - Caribbean

1201 is a two-bedroom apartment of 1,709 sqft on the 13th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 13 April 2011 for AED 2,521,097, or AED 1,475 per sqft, 7% above the AED 1,374 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 357,075 a year: a gross yield of 14.2% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, April 2011: AED 2,521,097 (AED 1,475 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, January 2017: AED 193,000 a yearRenewal, January 2018: AED 180,000 a yearNew contract, October 2018: AED 170,000 a yearRenewal, October 2019: AED 160,000 a yearRenewal, October 2020: AED 150,000 a yearNew contract, December 2021: AED 190,000 a yearRenewal, December 2022: AED 190,000 a yearRenewal, January 2025: AED 310,500 a yearRenewal, January 2026: AED 357,075 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 1201 sits

All 29 2-beds →

1201 last sold in April 2011 at AED 1,475 per sqft, 7% above what two-beds in Oceana - Caribbean were fetching at the time (AED 1,374).

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 13th floor

All 92 units in Oceana - Caribbean
Value
12023-bedAED 6M · Jun 2022
12031-bedAED 2.48M · Dec 2012
12041-bedAED 2.95M · Mar 2023
12053-bedAED 5.4M · Dec 2012
12062-bedAED 5.1M · Aug 2023

1201, Oceana - Caribbean in numbers

  • Sold once: by Seven Tides on 13 April 2011 for AED 2,521,097, or AED 1,475 per sqft.
  • Rented since January 2017 on 9 Ejari contracts. The rent fell from AED 193,000 to AED 150,000 in 2020 and recovered to AED 357,075 by January 2026.
  • At AED 357,075 a year the gross yield on the 2011 price is 14.2%, 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 20 January 2026.

Questions about 1201, Oceana - Caribbean

What did unit 1201 last sell for?

AED 2,521,097 on 13 April 2011, sold by the developer: AED 1,475 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 357,075 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 310,500; the unit has been rented since January 2017.

How big is unit 1201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.

What is unit 1201 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 1201, Oceana - Caribbean

Starts from the last sale price (AED 2.52M, 13 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,521,097
Deposit, UAE resident (20%)
AED 504,219
Deposit, non-resident (40%)
AED 1,008,439
Monthly over 25 years at 3.7%
AED 10,315

Plus AED 110,896 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →