1-bed · 1,883 sqftOceana - Caribbean, Palm Jumeirah · Ground floor · completed 2010

G05, Oceana - Caribbean

Sold prices and rental history: sold 3 times, last in January 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 28 January 2022
Last soldAED 2.2M28 January 2022
Current rentAED 120K /yr15 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Oceana - Caribbean

What is G05 worth today?

Last sold for AED 2,200,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jan 2022SoldReady
AED 2,200,000AED 1,168 per sqft
15 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
15 Feb 2018RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
13 Apr 2017SoldReady
AED 1,100,000AED 584 per sqft
9 May 2011Sold by developerReady
AED 1,700,000AED 903 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2022.

Key facts

Type
1-bed apartment
Size
1,883 sqft
Floor
Ground of 14
Parking
B1-1203
Developer
Seven Tides
Completed
2010
Service charge
AED 43,500 /yr
Last sold
AED 2.2M · January 2022

About G05, Oceana - Caribbean

G05 is a one-bedroom apartment of 1,883 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 28 January 2022 for AED 2,200,000, or AED 1,168 per sqft, in line with the AED 1,168 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 February 2019, is AED 120,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 43,500 a year.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical one-bed in Oceana - Caribbean
1M2M3M2010201420182022Typical 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, May 2011: AED 1,700,000 (AED 903 per sqft)Sold, April 2017: AED 1,100,000 (AED 584 per sqft)Sold, January 2022: AED 2,200,000 (AED 1,168 per sqft)

G05 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G05, 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, February 2018: AED 125,000 a yearNew contract, February 2019: AED 120,000 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 G05 sits

All 31 1-beds →

G05 last sold in January 2022 at AED 1,168 per sqft, in line with what one-beds in Oceana - Caribbean were fetching at the time (AED 1,168). G05's AED 120,000 is at the bottom 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 ground floor

All 92 units in Oceana - Caribbean
Value
G012-bedAED 4.5M · Aug 2014
G021-bedAED 1.38M · May 2014
G031-bedAED 1.6M · Jun 2021
G041-bedAED 1.8M · Apr 2018
G061-bedAED 2.85M · Dec 2024
G07AED 3.8M · Aug 2025
G082-bedAED 7.1M · Sep 2024

G05, Oceana - Caribbean in numbers

  • Sold 3 times: first on 9 May 2011 for AED 1,700,000, last on 28 January 2022 for AED 2,200,000 (AED 1,168 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 43,500 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2022.

Questions about G05, Oceana - Caribbean

What did unit G05 last sell for?

AED 2,200,000 on 28 January 2022: AED 1,168 per sqft for 1,883 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in May 2011.

What is the rent for unit G05?

AED 120,000 a year on the contract signed on 15 February 2019. The previous contract, from February 2018, was AED 125,000.

How big is unit G05?

1,883 sqft (174.9 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling G05? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G05, Oceana - Caribbean

Starts from the last sale price (AED 2.2M, 28 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →