1204, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in March 2023, 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 1204, Oceana - Caribbean
What is 1204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 13th of 14
- Parking
- B1-1185
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.95M · March 2023
- Building
- Oceana - Caribbean
About 1204, Oceana - Caribbean
1204 is a one-bedroom apartment of 1,338 sqft on the 13th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 30 March 2023 for AED 2,950,000, or AED 2,204 per sqft, 12% above the AED 1,961 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 5 May 2022, is AED 110,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1204 over time
1204 has sold 3 times; 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 1204 sits
All 31 1-beds →1204 last sold in March 2023 at AED 2,204 per sqft, 12% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,961). 1204's AED 110,000 is at the bottom 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 13th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,709 sqft | AED 2.52MAED 2,521,097 · Apr 2011April 2011 | 357,075 /yr | |
| 1202 | 3-bed | 2,280 sqft | AED 6MAED 6,000,000 · Jun 2022June 2022 | 500,000 /yr | |
| 1203 | 1-bed | 1,338 sqft | AED 2.48MAED 2,475,000 · Dec 2012December 2012 | 235,000 /yr | |
| 1205 | 3-bed | 2,280 sqft | AED 5.4MAED 5,400,000 · Dec 2012December 2012 | 258,000 /yr | |
| 1206 | 2-bed | 1,709 sqft | AED 5.1MAED 5,100,000 · Aug 2023August 2023 | 140,000 /yr |
1204, Oceana - Caribbean in numbers
- Sold 3 times: first on 23 March 2011 for AED 1,789,212, last on 30 March 2023 for AED 2,950,000 (AED 2,204 per sqft).
- Rented since July 2016 on 6 Ejari contracts, from AED 180,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 3.7%, 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 30 March 2023.
Questions about 1204, Oceana - Caribbean
What did unit 1204 last sell for?
AED 2,950,000 on 30 March 2023: AED 2,204 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,789,212 in March 2011.
What is the rent for unit 1204?
AED 110,000 a year on the contract renewed on 5 May 2022. The previous contract, from May 2021, was AED 110,000; the unit has been rented since July 2016.
How big is unit 1204?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2010.
What is unit 1204 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 1204, Oceana - Caribbean
Starts from the last sale price (AED 2.95M, 30 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →