PR04, Oceana - Caribbean
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PR04, Oceana - Caribbean
What is PR04 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,891 sqft
- Floor
- -1th of 14
- Parking
- B1-1B2-1,1B2-2
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 43,700 /yr
- Last sold
- AED 4.05M · August 2024
- Building
- Oceana - Caribbean
About PR04, Oceana - Caribbean
PR04 is a one-bedroom apartment of 1,891 sqft on the -1th floor of Oceana - Caribbean, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 29 August 2024 for AED 4,050,000, or AED 2,141 per sqft, 8% below the AED 2,335 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 18 May 2024, is AED 250,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 43,700 a year.
Sales and rents for PR04 over time
PR04 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 PR04 sits
All 31 1-beds →PR04 last sold in August 2024 at AED 2,141 per sqft, 8% below what one-beds in Oceana - Caribbean were fetching at the time (AED 2,335). PR04's AED 250,000 is at the top 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 | ||
| 30 Apr 202430 April 2024 | 1,338 sqft | 3,050,000 | 2,279 |
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 -1th floor
All 92 units in Oceana - CaribbeanPR04, Oceana - Caribbean in numbers
- Sold 3 times: first on 6 November 2012 for AED 1,985,550, last on 29 August 2024 for AED 4,050,000 (AED 2,141 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 89,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 43,700 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.
Questions about PR04, Oceana - Caribbean
What did unit PR04 last sell for?
AED 4,050,000 on 29 August 2024: AED 2,141 per sqft for 1,891 sqft. The unit has 3 registered sales; the first was AED 1,985,550 in November 2012.
What is the rent for unit PR04?
AED 250,000 a year on the contract renewed on 18 May 2024. The previous contract, from May 2023, was AED 250,000; the unit has been rented since November 2014.
How big is unit PR04?
1,891 sqft (175.7 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.
What is unit PR04 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 PR04, Oceana - Caribbean
Starts from the last sale price (AED 4.05M, 29 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →