1-bed · 1,338 sqftOceana - Caribbean, Palm Jumeirah · 8th floor · completed 2010

703, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 13 August 2025
Last soldAED 2.5M8 December 2021
Current rentAED 175K /yr13 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Oceana - Caribbean

What is 703 worth today?

Last sold for AED 2,500,000 in 2021

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13 Aug 2025RentedRenewal
AED 175,000/yr12 months · AED 131 per sqft
13 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
13 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
8 Dec 2021SoldReady
AED 2,500,000AED 1,868 per sqft
21 Jan 2021SoldReady
AED 1,775,000AED 1,326 per sqft
24 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
10 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
10 Dec 2018RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
8th of 14
Parking
B1-1241
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.5M · December 2021

About 703, Oceana - Caribbean

703 is a one-bedroom apartment of 1,338 sqft on the 8th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 8 December 2021 for AED 2,500,000, or AED 1,868 per sqft, 41% above the AED 1,326 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 13 August 2025, is AED 175,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Oceana - Caribbean
2M3M2010201420182022Typical sale price by year: 2010 AED 1,628,642; 2011 AED 1,688,529; 2012 AED 1,800,000; 2013 AED 2,600,000; 2014 AED 2,180,000; 2017 AED 2,425,000; 2021 AED 1,850,000; 2022 AED 2,550,000; 2024 AED 3,250,000Sold by developer, January 2011: AED 1,674,519 (AED 1,251 per sqft)Sold, January 2021: AED 1,775,000 (AED 1,326 per sqft)Sold, December 2021: AED 2,500,000 (AED 1,868 per sqft)

703 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Oceana - Caribbean
100K150K2013201720212025Typical rent by year: 2013 AED 147,500; 2014 AED 155,000; 2015 AED 165,834; 2016 AED 165,000; 2017 AED 155,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 130,000; 2023 AED 170,000; 2024 AED 181,500; 2025 AED 179,246New contract, December 2014: AED 130,000 a yearRenewal, December 2015: AED 130,000 a yearRenewal, December 2018: AED 130,000 a yearRenewal, December 2019: AED 110,000 a yearNew contract, July 2020: AED 120,000 a yearNew contract, August 2023: AED 170,000 a yearRenewal, August 2024: AED 170,000 a yearRenewal, August 2025: AED 175,000 a year

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 703 sits

All 31 1-beds →

703 last sold in December 2021 at AED 1,868 per sqft, 41% above what one-beds in Oceana - Caribbean were fetching at the time (AED 1,326). 703's AED 175,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 20254,500,000
12 Dec 20242,850,000
25 Nov 20243,700,000
29 Aug 20244,050,000
0 1-bed sales in the last 12 months

Oceana - Caribbean

Building

92 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%
Oceana - Caribbean, Palm Jumeirah: prices, sales and rents →

Other units on the 8th floor

All 92 units in Oceana - Caribbean
Value
7012-bedAED 2.36M · Jan 2011
7023-bedAED 11.5M · Dec 2025
7041-bedAED 4.5M · May 2025
7053-bedAED 3M · Mar 2023
7062-bedAED 4.1M · Jul 2015

703, Oceana - Caribbean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 1,674,519, last on 8 December 2021 for AED 2,500,000 (AED 1,868 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2019 and recovered to AED 175,000 by August 2025.
  • At AED 175,000 a year the gross yield on the 2021 price is 7.0%, 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 13 August 2025.

Questions about 703, Oceana - Caribbean

What did unit 703 last sell for?

AED 2,500,000 on 8 December 2021: AED 1,868 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,674,519 in January 2011.

What is the rent for unit 703?

AED 175,000 a year on the contract renewed on 13 August 2025. The previous contract, from August 2024, was AED 170,000; the unit has been rented since December 2014.

How big is unit 703?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 703 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 703, Oceana - Caribbean

Starts from the last sale price (AED 2.5M, 8 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →