601, Oceana - Caribbean
Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Oceana - Caribbean
What is 601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 7th of 14
- Parking
- B1-1236
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.7M · June 2011
- Building
- Oceana - Caribbean
About 601, Oceana - Caribbean
601 is a two-bedroom apartment of 1,709 sqft on the 7th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 20 June 2011 for AED 2,700,000, or AED 1,579 per sqft, 15% above the AED 1,368 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 245,000 a year: a gross yield of 9.1% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 601 over time
601 has sold twice; 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 601 sits
All 29 2-beds →601 last sold in June 2011 at AED 1,579 per sqft, 15% above what two-beds in Oceana - Caribbean were fetching at the time (AED 1,368).
| 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 7th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 3-bed | 2,280 sqft | AED 3.8MAED 3,800,000 · Mar 2012March 2012 | ||
| 603 | 1-bed | 1,338 sqft | AED 2.63MAED 2,625,000 · Jun 2022June 2022 | 120,000 /yr | |
| 604 | 1-bed | 1,338 sqft | AED 2.43MAED 2,425,000 · Oct 2017October 2017 | 150,000 /yr | |
| 605 | 3-bed | 2,280 sqft | AED 5.53MAED 5,525,000 · Jul 2013July 2013 | ||
| 606 | 2-bed | 1,709 sqft | AED 3.4MAED 3,400,000 · Nov 2012November 2012 | 270,000 /yr |
601, Oceana - Caribbean in numbers
- Sold twice: first on 11 May 2011 for AED 2,327,166, last on 20 June 2011 for AED 2,700,000 (AED 1,579 per sqft).
- Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 155,000 in 2021 and recovered to AED 245,000 by April 2024.
- At AED 245,000 a year the gross yield on the 2011 price is 9.1%, 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 18 April 2024.
Questions about 601, Oceana - Caribbean
What did unit 601 last sell for?
AED 2,700,000 on 20 June 2011: AED 1,579 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,327,166 in May 2011.
What is the rent for unit 601?
AED 245,000 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 230,000; the unit has been rented since July 2012.
How big is unit 601?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2010.
What is unit 601 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 601, Oceana - Caribbean
Starts from the last sale price (AED 2.7M, 20 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →