4-bed · 5,304 sqftOceana - Caribbean, Palm Jumeirah · 14th floor · completed 2010

PH01, Oceana - Caribbean

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH01 · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 15M9 May 2022
Current rentAED 440K /yr5 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH01, Oceana - Caribbean

What is PH01 worth today?

Last sold for AED 15,000,000 in 2022

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9 May 2022SoldReady
AED 15,000,000AED 2,828 per sqft
17 Feb 2021SoldReady
AED 9,200,000AED 1,734 per sqft
5 Nov 2020RentedNew contract
AED 440,000/yr12 months · AED 83 per sqft
10 Sep 2019RentedNew contract
AED 460,000/yr12 months · AED 87 per sqft
15 Mar 2018RentedRenewal
AED 460,000/yr12 months · AED 87 per sqft
15 Mar 2017RentedNew contract
AED 480,000/yr12 months · AED 90 per sqft
1 Jul 2016RentedNew contract
AED 459,707/yr4 months · AED 87 per sqft
25 Jan 2015RentedNew contract
AED 475,000/yr12 months · AED 90 per sqft

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

Key facts

Type
4-bed apartment
Size
5,304 sqft
Floor
14th of 14
Parking
B2-2B2-1,2,3&4
Developer
Seven Tides
Completed
2010
Service charge
AED 122,500 /yr
Last sold
AED 15M · May 2022

About PH01, Oceana - Caribbean

PH01 is a four-bedroom apartment of 5,304 sqft on the 14th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 9 May 2022 for AED 15,000,000, or AED 2,828 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 November 2020, is AED 440,000 a year: a gross yield of 2.9% on the 2022 price, before the service charge of about AED 122,500 a year.

4-beds in Oceana - Caribbean, and where PH01 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
25 Mar 202417,750,000
15 Dec 20155,950,000
31 Dec 20126,700,000
6 Jun 20114,250,000
0 4-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 14th floor

All 92 units in Oceana - Caribbean
Value
PH024-bedAED 17.75M · Mar 2024

PH01, Oceana - Caribbean in numbers

  • Sold 4 times: first on 27 November 2011 for AED 4,250,000, last on 9 May 2022 for AED 15,000,000 (AED 2,828 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 475,000 to AED 440,000 a year.
  • At AED 440,000 a year the gross yield on the 2022 price is 2.9%, before a service charge of about AED 122,500 a year (AED 23.10 per sqft).

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

Questions about PH01, Oceana - Caribbean

What did unit PH01 last sell for?

AED 15,000,000 on 9 May 2022: AED 2,828 per sqft for 5,304 sqft. The unit has 4 registered sales; the first was AED 4,250,000 in November 2011.

What is the rent for unit PH01?

AED 440,000 a year on the contract signed on 5 November 2020. The previous contract, from September 2019, was AED 460,000; the unit has been rented since January 2015.

How big is unit PH01?

5,304 sqft (492.8 sqm): a four-bedroom apartment on the 14th floor of a 14-storey tower completed in 2010.

What is unit PH01 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 PH01, Oceana - Caribbean

Starts from the last sale price (AED 15M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 15,000,000
Deposit, UAE resident (20%)
AED 3,000,000
Deposit, non-resident (40%)
AED 6,000,000
Monthly over 25 years at 3.7%
AED 61,370

Plus AED 635,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →