G02, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Oceana - Caribbean
What is G02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,375 sqft
- Floor
- Ground of 14
- Parking
- B1-1159
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 31,800 /yr
- Last sold
- AED 1.38M · May 2014
- Building
- Oceana - Caribbean
About G02, Oceana - Caribbean
G02 is a one-bedroom apartment of 1,375 sqft on the ground floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 7 May 2014 for AED 1,375,000, or AED 1,000 per sqft, 49% below the AED 1,942 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 23 December 2024, is AED 110,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 31,800 a year.
Sales and rents for G02 over time
G02 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 G02 sits
All 31 1-beds →G02 last sold in May 2014 at AED 1,000 per sqft, 49% below what one-beds in Oceana - Caribbean were fetching at the time (AED 1,942). G02's AED 110,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20251 May 2025 | 1,338 sqft | 4,500,000 | 3,362 | ||
| 12 Dec 202412 December 2024 | 1,491 sqft | 2,850,000 | 1,911 | ||
| 25 Nov 202425 November 2024 | 1,338 sqft | 3,700,000 | 2,764 | ||
| 29 Aug 202429 August 2024 | 1,891 sqft | 4,050,000 | 2,141 |
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 ground floor
All 92 units in Oceana - Caribbean| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,955 sqft | AED 4.5MAED 4,500,000 · Aug 2014August 2014 | 157,500 /yr | |
| G03 | 1-bed | 1,491 sqft | AED 1.6MAED 1,600,000 · Jun 2021June 2021 | 67,500 /yr | |
| G04 | 1-bed | 1,883 sqft | AED 1.8MAED 1,800,000 · Apr 2018April 2018 | 120,000 /yr | |
| G05 | 1-bed | 1,883 sqft | AED 2.2MAED 2,200,000 · Jan 2022January 2022 | 120,000 /yr | |
| G06 | 1-bed | 1,491 sqft | AED 2.85MAED 2,850,000 · Dec 2024December 2024 | 160,000 /yr | |
| G07 | 1,375 sqft | AED 3.8MAED 3,800,000 · Aug 2025August 2025 | 240,000 /yr | ||
| G08 | 2-bed | 1,955 sqft | AED 7.1MAED 7,100,000 · Sep 2024September 2024 | 165,000 /yr |
G02, Oceana - Caribbean in numbers
- Sold 3 times: first on 30 July 2012 for AED 1,700,000, last on 7 May 2014 for AED 1,375,000 (AED 1,000 per sqft).
- Rented since July 2013 on 10 Ejari contracts, from AED 135,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 31,800 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.
Questions about G02, Oceana - Caribbean
What did unit G02 last sell for?
AED 1,375,000 on 7 May 2014: AED 1,000 per sqft for 1,375 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in July 2012.
What is the rent for unit G02?
AED 110,000 a year on the contract renewed on 23 December 2024. The previous contract, from December 2023, was AED 110,000; the unit has been rented since July 2013.
How big is unit G02?
1,375 sqft (127.7 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.
What is unit G02 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 G02, Oceana - Caribbean
Starts from the last sale price (AED 1.38M, 7 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus AED 62,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →