503, Oceana - Caribbean
Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Oceana - Caribbean
What is 503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 6th of 14
- Parking
- B1-1251
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.65M · May 2013
- Building
- Oceana - Caribbean
About 503, Oceana - Caribbean
503 is a one-bedroom apartment of 1,338 sqft on the 6th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 21 May 2013 for AED 2,650,000, or AED 1,980 per sqft, 55% above the AED 1,274 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 300,000 a year: a gross yield of 11.3% on the 2013 price, before the service charge of about AED 30,900 a year.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 31 1-beds →503 last sold in May 2013 at AED 1,980 per sqft, 55% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,274). 503's AED 300,000 is at the top 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 6th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,709 sqft | AED 5.56MAED 5,555,000 · Jul 2024July 2024 | 165,000 /yr | |
| 502 | 3-bed | 2,280 sqft | AED 4.6MAED 4,600,000 · Jul 2021July 2021 | 180,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 3.7MAED 3,700,000 · Nov 2024November 2024 | 120,000 /yr | |
| 505 | 3-bed | 2,280 sqft | AED 2.9MAED 2,900,000 · Oct 2020October 2020 | 280,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 4.83MAED 4,825,000 · Oct 2023October 2023 | 250,000 /yr |
503, Oceana - Caribbean in numbers
- Sold twice: first on 12 December 2010 for AED 1,628,642, last on 21 May 2013 for AED 2,650,000 (AED 1,980 per sqft).
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 105,000 in 2020 and recovered to AED 300,000 by September 2025.
- At AED 300,000 a year the gross yield on the 2013 price is 11.3%, 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 1 September 2025.
Questions about 503, Oceana - Caribbean
What did unit 503 last sell for?
AED 2,650,000 on 21 May 2013: AED 1,980 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 1,628,642 in December 2010.
What is the rent for unit 503?
AED 300,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 300,000; the unit has been rented since October 2013.
How big is unit 503?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 503 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 503, Oceana - Caribbean
Starts from the last sale price (AED 2.65M, 21 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →