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

PH02, Oceana - Caribbean

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

Unit PH02 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 17.75M25 March 2024
Current rentAED 340K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH02, Oceana - Caribbean

What is PH02 worth today?

Last sold for AED 17,750,000 in 2024

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25 Mar 2024SoldReady
AED 17,750,000AED 3,346 per sqft
1 May 2022RentedNew contract
AED 339,500/yr12 months · AED 64 per sqft
1 May 2019RentedRenewal
AED 485,000/yr12 months · AED 91 per sqft
1 May 2018RentedRenewal
AED 485,000/yr12 months · AED 91 per sqft
1 May 2017RentedNew contract
AED 485,000/yr12 months · AED 91 per sqft
15 Dec 2015SoldReady
AED 5,950,000AED 1,121 per sqft
31 Dec 2012SoldReady
AED 6,700,000AED 1,263 per sqft
6 Jun 2011Sold by developerReady
AED 4,250,000AED 801 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2024.

Key facts

Type
4-bed apartment
Size
5,304 sqft
Floor
14th of 14
Parking
B2-2B2-7,8,9&10
Developer
Seven Tides
Completed
2010
Service charge
AED 122,500 /yr
Last sold
AED 17.75M · March 2024

About PH02, Oceana - Caribbean

PH02 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 25 March 2024 for AED 17,750,000, or AED 3,346 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 May 2022, is AED 339,500 a year: a gross yield of 1.9% on the 2024 price, before the service charge of about AED 122,500 a year.

4-beds in Oceana - Caribbean, and where PH02 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
9 May 202215,000,000
17 Feb 20219,200,000
25 Nov 20126,950,000
27 Nov 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
PH014-bedAED 15M · May 2022

PH02, Oceana - Caribbean in numbers

  • Sold 4 times: first on 6 June 2011 for AED 4,250,000, last on 25 March 2024 for AED 17,750,000 (AED 3,346 per sqft).
  • Rented since May 2017 on 4 Ejari contracts, from AED 485,000 to AED 339,500 a year.
  • At AED 339,500 a year the gross yield on the 2024 price is 1.9%, 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 25 March 2024.

Questions about PH02, Oceana - Caribbean

What did unit PH02 last sell for?

AED 17,750,000 on 25 March 2024: AED 3,346 per sqft for 5,304 sqft. The unit has 4 registered sales; the first was AED 4,250,000 in June 2011.

What is the rent for unit PH02?

AED 339,500 a year on the contract signed on 1 May 2022. The previous contract, from May 2019, was AED 485,000; the unit has been rented since May 2017.

How big is unit PH02?

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 PH02 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 PH02, Oceana - Caribbean

Starts from the last sale price (AED 17.75M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 17,750,000
Deposit, UAE resident (20%)
AED 3,550,000
Deposit, non-resident (40%)
AED 7,100,000
Monthly over 25 years at 3.7%
AED 72,621

Plus AED 750,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →