3-bed · 2,280 sqftOceana - Caribbean, Palm Jumeirah · 1st floor · completed 2010

D05, 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.

Unit D05 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.58M4 January 2011
Current rentAED 334K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D05, Oceana - Caribbean

What is D05 worth today?

Last sold for AED 2,583,333 in 2011

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1 Sep 2024RentedRenewal
AED 334,208/yr3 months · AED 147 per sqft
1 Sep 2023RentedNew contract
AED 335,000/yr12 months · AED 147 per sqft
1 Jul 2022RentedRenewal
AED 245,000/yr12 months · AED 107 per sqft
1 Aug 2021RentedRenewal
AED 245,455/yr11 months · AED 108 per sqft
4 Sep 2020RentedRenewal
AED 198,107/yr11 months · AED 87 per sqft
4 Sep 2019RentedNew contract
AED 235,000/yr12 months · AED 103 per sqft
4 Sep 2018RentedNew contract
AED 235,000/yr12 months · AED 103 per sqft
1 Sep 2017RentedRenewal
AED 260,000/yr12 months · AED 114 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
2,280 sqft
Floor
1st of 14
Parking
B1-1246,1247
Developer
Seven Tides
Completed
2010
Service charge
AED 52,700 /yr
Last sold
AED 2.58M · January 2011

About D05, Oceana - Caribbean

D05 is a three-bedroom apartment of 2,280 sqft on the 1st floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 4 January 2011 for AED 2,583,333, or AED 1,133 per sqft, 15% below the AED 1,334 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 334,208 a year: a gross yield of 12.9% on the 2011 price, before the service charge of about AED 52,700 a year.

Sales and rents for D05 over time

Sales
Unit D05, each saleTypical three-bed in Oceana - Caribbean
2M4M6M2010201420182022Typical 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 2,583,333 (AED 1,133 per sqft)

D05 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit D05, 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 380,000Renewal, December 2015: AED 290,000 a yearNew contract, September 2016: AED 260,000 a yearRenewal, September 2017: AED 260,000 a yearNew contract, September 2018: AED 235,000 a yearNew contract, September 2019: AED 235,000 a yearRenewal, September 2020: AED 198,107 a yearRenewal, August 2021: AED 245,455 a yearRenewal, July 2022: AED 245,000 a yearNew contract, September 2023: AED 335,000 a yearRenewal, September 2024: AED 334,208 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 D05 sits

All 26 3-beds →

D05 last sold in January 2011 at AED 1,133 per sqft, 15% below what three-beds in Oceana - Caribbean were fetching at the time (AED 1,334). 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. D05's AED 334,208 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 1st floor

All 92 units in Oceana - Caribbean
Value
D012-bedAED 5.1M · Jun 2022
D023-bedAED 5.15M · Dec 2018
D031-bedAED 3.05M · Apr 2024
D041-bedAED 2.55M · Jun 2022
D062-bedAED 2.44M · Jan 2011

D05, Oceana - Caribbean in numbers

  • Sold once: by Seven Tides on 4 January 2011 for AED 2,583,333, or AED 1,133 per sqft.
  • Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 290,000 to AED 198,107 in 2020 and recovered to AED 334,208 by September 2024.
  • At AED 334,208 a year the gross yield on the 2011 price is 12.9%, before a service charge of about AED 52,700 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 1 September 2024.

Questions about D05, Oceana - Caribbean

What did unit D05 last sell for?

AED 2,583,333 on 4 January 2011, sold by the developer: AED 1,133 per sqft for 2,280 sqft. It is the only registered sale of the unit.

What is the rent for unit D05?

AED 334,208 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 335,000; the unit has been rented since December 2015.

How big is unit D05?

2,280 sqft (211.8 sqm): a three-bedroom apartment on the 1st floor of a 14-storey tower completed in 2010.

What is unit D05 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 D05, Oceana - Caribbean

Starts from the last sale price (AED 2.58M, 4 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,583,333
Deposit, UAE resident (20%)
AED 516,667
Deposit, non-resident (40%)
AED 1,033,333
Monthly over 25 years at 3.7%
AED 10,569

Plus AED 113,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →