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2-bed · 1,709 sqftOceana - Caribbean, Palm Jumeirah · 10th floor · completed 2010

906, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 4.09M9 September 2022
Current rentAED 186K /yr5 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Oceana - Caribbean

What is 906 worth today?

Last sold for AED 4,085,000 in 2022

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9 Sep 2022SoldReady
AED 4,085,000AED 2,389 per sqft
5 Apr 2022RentedRenewal
AED 186,000/yr12 months · AED 109 per sqft
5 Apr 2018RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
11 Nov 2015SoldReady
AED 4,000,000AED 2,340 per sqft
5 Apr 2015RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
15 Dec 2012RentedNew contract
AED 210,000/yr12 months · AED 123 per sqft
2 Jan 2011Sold by developerReady
AED 2,424,132AED 1,418 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2022.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
10th of 14
Parking
B2-2189
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 4.09M · September 2022
Building
Oceana - Caribbean

About 906, Oceana - Caribbean

906 is a two-bedroom apartment of 1,709 sqft on the 10th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 September 2022 for AED 4,085,000, or AED 2,389 per sqft, in line with the AED 2,389 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 5 April 2022, is AED 186,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical two-bed in Oceana - Caribbean
2M4M2010201420182022Typical sale price by year: 2010 AED 2,327,166; 2011 AED 2,391,810; 2012 AED 2,775,000; 2014 AED 4,550,000; 2016 AED 4,000,000; 2023 AED 4,825,000Sold by developer, January 2011: AED 2,424,132 (AED 1,418 per sqft)Sold, November 2015: AED 4,000,000 (AED 2,340 per sqft)Sold, September 2022: AED 4,085,000 (AED 2,389 per sqft)

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

Rents
Unit 906, each contractTypical two-bed in Oceana - Caribbean
200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 202,500; 2014 AED 210,000; 2015 AED 220,000; 2016 AED 210,000; 2017 AED 208,877; 2018 AED 192,500; 2019 AED 162,500; 2020 AED 160,000; 2021 AED 159,000; 2022 AED 215,000; 2023 AED 270,000; 2024 AED 270,000; 2025 AED 275,000New contract, December 2012: AED 210,000 a yearNew contract, April 2015: AED 220,000 a yearNew contract, April 2018: AED 200,000 a yearRenewal, April 2022: AED 186,000 a year

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 906 sits

All 29 2-beds →

906 last sold in September 2022 at AED 2,389 per sqft, in line with what two-beds in Oceana - Caribbean were fetching at the time (AED 2,389).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Mar 20256,525,000
27 Sep 20247,100,000
4 Jul 20245,555,000
6 Oct 20234,825,000
0 2-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 10th floor

All 92 units in Oceana - Caribbean
Value
9012-bedAED 2.65M · Jan 2011
9023-bedAED 5M · Jun 2022
9031-bedAED 2.37M · Dec 2011
9041-bedAED 2.9M · Jun 2016
9053-bedAED 3.13M · Sep 2010

906, Oceana - Caribbean in numbers

  • Sold 3 times: first on 2 January 2011 for AED 2,424,132, last on 9 September 2022 for AED 4,085,000 (AED 2,389 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 210,000 to AED 186,000 a year.
  • At AED 186,000 a year the gross yield on the 2022 price is 4.5%, 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 9 September 2022.

Questions about 906, Oceana - Caribbean

What did unit 906 last sell for?

AED 4,085,000 on 9 September 2022: AED 2,389 per sqft for 1,709 sqft. The unit has 3 registered sales; the first was AED 2,424,132 in January 2011.

What is the rent for unit 906?

AED 186,000 a year on the contract renewed on 5 April 2022. The previous contract, from April 2018, was AED 200,000; the unit has been rented since December 2012.

How big is unit 906?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2010.

What is unit 906 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 906, Oceana - Caribbean

Starts from the last sale price (AED 4.09M, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,085,000
Deposit, UAE resident (20%)
AED 817,000
Deposit, non-resident (40%)
AED 1,634,000
Monthly over 25 years at 3.7%
AED 16,713

Plus AED 176,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →