3-bed · 1,173 sqftOceana - Caribbean, Palm Jumeirah · 8th floor · completed 2010

705, Oceana - Caribbean

Sold prices and rental history: sold twice, last in March 2023, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 3M29 March 2023
Current rentAED 315K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Oceana - Caribbean

What is 705 worth today?

Last sold for AED 3,000,000 in 2023

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20 Jun 2024RentedNew contract
AED 315,000/yr12 months · AED 138 per sqft
29 Mar 2023SoldReady
AED 3,000,000AED 2,558 per sqft
18 Jan 2011Sold by developerReady
AED 3,582,400AED 1,571 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
1,173 sqft
Floor
8th of 14
Parking
B2-2167,2168
Developer
Seven Tides
Completed
2010
Service charge
AED 27,100 /yr
Last sold
AED 3M · March 2023

About 705, Oceana - Caribbean

705 is a three-bedroom apartment of 1,173 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 29 March 2023 for AED 3,000,000, or AED 2,558 per sqft, in line with the AED 2,573 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 June 2024. The current contract, signed on 20 June 2024, is AED 315,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 27,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Oceana - Caribbean
4M6M2010201420182022Typical sale price by year: 2010 AED 3,084,790; 2011 AED 3,100,000; 2012 AED 3,950,000; 2016 AED 5,700,000; 2021 AED 4,000,000; 2022 AED 5,900,000Sold by developer, January 2011: AED 3,582,400 (AED 1,571 per sqft)Sold, March 2023: AED 3,000,000 (AED 2,558 per sqft)

705 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 705, each contractTypical three-bed in Oceana - Caribbean
200K300K400K2013201720212025Typical rent by year: 2013 AED 260,000; 2014 AED 297,377; 2015 AED 287,500; 2016 AED 280,000; 2017 AED 270,000; 2018 AED 260,000; 2019 AED 235,000; 2020 AED 207,500; 2021 AED 202,500; 2022 AED 245,000; 2023 AED 292,250; 2024 AED 335,853; 2025 AED 380,000New contract, June 2024: AED 315,000 a year

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 705 sits

All 26 3-beds →

705 last sold in March 2023 at AED 2,558 per sqft, in line with what three-beds in Oceana - Caribbean were fetching at the time (AED 2,573). 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. 705's AED 315,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 202511,500,000
22 Jul 202510,400,000
24 Apr 20246,900,000
22 Apr 20247,200,000
1 3-bed sale 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
7031-bedAED 2.5M · Dec 2021
7041-bedAED 4.5M · May 2025
7062-bedAED 4.1M · Jul 2015

705, Oceana - Caribbean in numbers

  • Sold twice: first on 18 January 2011 for AED 3,582,400, last on 29 March 2023 for AED 3,000,000 (AED 2,558 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 315,000 a year.
  • At AED 315,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 27,100 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 June 2024.

Questions about 705, Oceana - Caribbean

What did unit 705 last sell for?

AED 3,000,000 on 29 March 2023: AED 2,558 per sqft for 1,173 sqft. The unit has 2 registered sales; the first was AED 3,582,400 in January 2011.

What is the rent for unit 705?

AED 315,000 a year on the contract signed on 20 June 2024.

How big is unit 705?

1,173 sqft (109.0 sqm): a three-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 705 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 705, Oceana - Caribbean

Starts from the last sale price (AED 3M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →