505, Oceana - Caribbean
Sold prices and rental history: sold twice, last in October 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Oceana - Caribbean
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,280 sqft
- Floor
- 6th of 14
- Parking
- B2-2193,2194
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 52,700 /yr
- Last sold
- AED 2.9M · October 2020
- Building
- Oceana - Caribbean
About 505, Oceana - Caribbean
505 is a three-bedroom apartment of 2,280 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 20 October 2020 for AED 2,900,000, or AED 1,271 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 1 April 2019, is AED 280,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 52,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oceana - Caribbean, and where 505 sits
All 26 3-beds →Over the last 12 months three-beds sold for AED 11,500,000, around AED 5,044 per sqft, and rent for AED 380,000 to 500,000 a year. 505's AED 280,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20258 December 2025 | 2,280 sqft | 11,500,000 | 5,044 | ||
| 22 Jul 202522 July 2025 | 2,280 sqft | 10,400,000 | 4,561 | ||
| 24 Apr 202424 April 2024 | 2,280 sqft | 6,900,000 | 3,026 | ||
| 22 Apr 202422 April 2024 | 2,280 sqft | 7,200,000 | 3,158 |
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 | |
| 503 | 1-bed | 1,338 sqft | AED 2.65MAED 2,650,000 · May 2013May 2013 | 300,000 /yr | |
| 504 | 1-bed | 1,338 sqft | AED 3.7MAED 3,700,000 · Nov 2024November 2024 | 120,000 /yr | |
| 506 | 2-bed | 1,709 sqft | AED 4.83MAED 4,825,000 · Oct 2023October 2023 | 250,000 /yr |
505, Oceana - Caribbean in numbers
- Sold twice: first on 14 September 2010 for AED 2,959,731, last on 20 October 2020 for AED 2,900,000 (AED 1,271 per sqft).
- Rented since March 2014 on 2 Ejari contracts, from AED 155,760 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 52,700 a year (AED 23.10 per sqft).
- Three-beds in Oceana - Caribbean sold for AED 11,500,000–11,500,000 in the 12 months to November 2026; the building's median across all types is AED 5,044 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2020.
Questions about 505, Oceana - Caribbean
What did unit 505 last sell for?
AED 2,900,000 on 20 October 2020: AED 1,271 per sqft for 2,280 sqft. The unit has 2 registered sales; the first was AED 2,959,731 in September 2010.
What is the rent for unit 505?
AED 280,000 a year on the contract renewed on 1 April 2019. The previous contract, from March 2014, was AED 155,760.
How big is unit 505?
2,280 sqft (211.8 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oceana - Caribbean sold for AED 11,500,000 to 11,500,000 in the last 12 months, around AED 5,044 per sqft.
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Mortgage on 505, Oceana - Caribbean
Starts from the last sale price (AED 2.9M, 20 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →