406, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Oceana - Caribbean
What is 406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 5th of 14
- Parking
- B1-1253
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.22M · December 2010
- Building
- Oceana - Caribbean
About 406, Oceana - Caribbean
406 is a two-bedroom apartment of 1,709 sqft on the 5th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 13 December 2010 for AED 2,219,427, or AED 1,298 per sqft, 3% below the AED 1,342 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 265,000 a year: a gross yield of 11.9% on the 2010 price, before the service charge of about AED 39,500 a year.
Sales and rents for 406 over time
406 has sold once; 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 406 sits
All 29 2-beds →406 last sold in December 2010 at AED 1,298 per sqft, 3% below what two-beds in Oceana - Caribbean were fetching at the time (AED 1,342).
| 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 5th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 2.22MAED 2,219,427 · Dec 2010December 2010 | 295,000 /yr | |
| 402 | 3-bed | 2,280 sqft | AED 6.5MAED 6,500,000 · Jun 2023June 2023 | 280,000 /yr | |
| 403 | 1-bed | 1,338 sqft | AED 1.49MAED 1,491,010 · Jan 2011January 2011 | 210,000 /yr | |
| 404 | 1-bed | 1,338 sqft | AED 3.3MAED 3,300,000 · Mar 2024March 2024 | 125,000 /yr | |
| 405 | 3-bed | 2,280 sqft | AED 10.4MAED 10,400,000 · Jul 2025July 2025 | 230,000 /yr |
406, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 13 December 2010 for AED 2,219,427, or AED 1,298 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 160,000 in 2019 and recovered to AED 265,000 by September 2025.
- At AED 265,000 a year the gross yield on the 2010 price is 11.9%, 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 September 2025.
Questions about 406, Oceana - Caribbean
What did unit 406 last sell for?
AED 2,219,427 on 13 December 2010, sold by the developer: AED 1,298 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 265,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 280,000; the unit has been rented since August 2017.
How big is unit 406?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.
What is unit 406 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 406, Oceana - Caribbean
Starts from the last sale price (AED 2.22M, 13 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,219,427
- Deposit, UAE resident (20%)
- AED 443,885
- Deposit, non-resident (40%)
- AED 887,771
- Monthly over 25 years at 3.7%
- AED 9,080
Plus AED 98,226 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →