701, Oceana - Caribbean
Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Oceana - Caribbean
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,709 sqft
- Floor
- 8th of 14
- Parking
- B1-1240
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.36M · January 2011
- Building
- Oceana - Caribbean
About 701, Oceana - Caribbean
701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 2 January 2011 for AED 2,359,488, or AED 1,380 per sqft, in line with the AED 1,380 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 12 May 2025, is AED 270,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 701 over time
701 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 701 sits
All 29 2-beds →701 last sold in January 2011 at AED 1,380 per sqft, in line with what two-beds in Oceana - Caribbean were fetching at the time (AED 1,380).
| 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 8th floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,280 sqft | AED 11.5MAED 11,500,000 · Dec 2025December 2025 | 106,667 /yr | |
| 703 | 1-bed | 1,338 sqft | AED 2.5MAED 2,500,000 · Dec 2021December 2021 | 175,000 /yr | |
| 704 | 1-bed | 1,338 sqft | AED 4.5MAED 4,500,000 · May 2025May 2025 | 130,000 /yr | |
| 705 | 3-bed | 1,173 sqft | AED 3MAED 3,000,000 · Mar 2023March 2023 | 315,000 /yr | |
| 706 | 2-bed | 1,709 sqft | AED 4.1MAED 4,100,000 · Jul 2015July 2015 | 155,000 /yr |
701, Oceana - Caribbean in numbers
- Sold once: by Seven Tides on 2 January 2011 for AED 2,359,488, or AED 1,380 per sqft.
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 158,000 in 2021 and recovered to AED 270,000 by May 2025.
- At AED 270,000 a year the gross yield on the 2011 price is 11.4%, 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 12 May 2025.
Questions about 701, Oceana - Caribbean
What did unit 701 last sell for?
AED 2,359,488 on 2 January 2011, sold by the developer: AED 1,380 per sqft for 1,709 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 270,000 a year on the contract renewed on 12 May 2025. The previous contract, from May 2024, was AED 270,000; the unit has been rented since March 2015.
How big is unit 701?
1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.
What is unit 701 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 701, Oceana - Caribbean
Starts from the last sale price (AED 2.36M, 2 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,359,488
- Deposit, UAE resident (20%)
- AED 471,898
- Deposit, non-resident (40%)
- AED 943,795
- Monthly over 25 years at 3.7%
- AED 9,653
Plus AED 104,109 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →