2-bed · 1,955 sqftOceana - Caribbean, Palm Jumeirah · Ground floor · completed 2010

G08, Oceana - Caribbean

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 7.1M27 September 2024
Current rentAED 165K /yr14 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Oceana - Caribbean

What is G08 worth today?

Last sold for AED 7,100,000 in 2024

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27 Sep 2024SoldReady
AED 7,100,000AED 3,632 per sqft
16 Dec 2021SoldReady
AED 3,450,000AED 1,764 per sqft
14 Jan 2021RentedRenewal
AED 165,000/yr12 months · AED 84 per sqft
14 Jan 2020RentedNew contract
AED 180,000/yr12 months · AED 92 per sqft
14 Jan 2019RentedNew contract
AED 180,000/yr12 months · AED 92 per sqft
1 Dec 2017RentedNew contract
AED 215,000/yr12 months · AED 110 per sqft
8 Feb 2012SoldReady
AED 2,775,000AED 1,419 per sqft
31 Jan 2011Sold by developerReady
AED 2,450,000AED 1,253 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2024.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B1-1206
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 7.1M · September 2024

About G08, Oceana - Caribbean

G08 is a two-bedroom apartment of 1,955 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 27 September 2024 for AED 7,100,000, or AED 3,632 per sqft, 12% above the AED 3,250 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 14 January 2021, is AED 165,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 45,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical two-bed in Oceana - Caribbean
2.5M5M7.5M2010201420182022Typical 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 2,450,000 (AED 1,253 per sqft)Sold, February 2012: AED 2,775,000 (AED 1,419 per sqft)Sold, December 2021: AED 3,450,000 (AED 1,764 per sqft)Sold, September 2024: AED 7,100,000 (AED 3,632 per sqft)

G08 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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 2017: AED 215,000 a yearNew contract, January 2019: AED 180,000 a yearNew contract, January 2020: AED 180,000 a yearRenewal, January 2021: AED 165,000 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 G08 sits

All 29 2-beds →

G08 last sold in September 2024 at AED 3,632 per sqft, 12% above what two-beds in Oceana - Caribbean were fetching at the time (AED 3,250).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Mar 20256,525,000
4 Jul 20245,555,000
6 Oct 20234,825,000
21 Aug 20235,100,000
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 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
G051-bedAED 2.2M · Jan 2022
G061-bedAED 2.85M · Dec 2024
G07AED 3.8M · Aug 2025

G08, Oceana - Caribbean in numbers

  • Sold 4 times: first on 31 January 2011 for AED 2,450,000, last on 27 September 2024 for AED 7,100,000 (AED 3,632 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 215,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 2.3%, before a service charge of about AED 45,200 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2024.

Questions about G08, Oceana - Caribbean

What did unit G08 last sell for?

AED 7,100,000 on 27 September 2024: AED 3,632 per sqft for 1,955 sqft. The unit has 4 registered sales; the first was AED 2,450,000 in January 2011.

What is the rent for unit G08?

AED 165,000 a year on the contract renewed on 14 January 2021. The previous contract, from January 2020, was AED 180,000; the unit has been rented since December 2017.

How big is unit G08?

1,955 sqft (181.6 sqm): a two-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G08 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 G08, Oceana - Caribbean

Starts from the last sale price (AED 7.1M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

Plus AED 303,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →