2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 12th floor · completed 2010

1106, Oceana - Pacific

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 2.85M25 December 2011
Current rentAED 185K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Oceana - Pacific

What is 1106 worth today?

Last sold for AED 2,850,000 in 2011

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1 Dec 2019RentedNew contract
AED 185,000/yr12 months · AED 108 per sqft
20 May 2017RentedNew contract
AED 215,000/yr12 months · AED 126 per sqft
25 May 2016RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
24 Nov 2014RentedNew contract
AED 280,000/yr12 months · AED 164 per sqft
25 Dec 2011SoldReady
AED 2,850,000AED 1,667 per sqft
11 Aug 2011Sold by developerReady
AED 2,662,411AED 1,557 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2019.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
12th of 14
Parking
B2-2259 , B2-2B1-13
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.85M · December 2011

About 1106, Oceana - Pacific

1106 is a two-bedroom apartment of 1,709 sqft on the 12th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 25 December 2011 for AED 2,850,000, or AED 1,667 per sqft, 16% above the AED 1,436 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 December 2019, is AED 185,000 a year: a gross yield of 6.5% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Oceana - Pacific
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 2,487,000; 2011 AED 2,454,950; 2012 AED 2,825,000; 2014 AED 4,637,875; 2016 AED 4,000,000; 2021 AED 3,500,000; 2023 AED 5,250,000; 2024 AED 5,800,000; 2025 AED 6,300,000Sold by developer, August 2011: AED 2,662,411 (AED 1,557 per sqft)Sold, December 2011: AED 2,850,000 (AED 1,667 per sqft)

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Oceana - Pacific
200K300K2012201620202024Typical rent by year: 2012 AED 202,500; 2013 AED 200,000; 2014 AED 232,500; 2015 AED 220,000; 2016 AED 217,500; 2017 AED 210,000; 2018 AED 195,000; 2019 AED 180,000; 2020 AED 167,500; 2021 AED 165,000; 2022 AED 195,000; 2023 AED 182,908; 2024 AED 295,000; 2025 AED 280,000New contract, November 2014: AED 280,000 a yearNew contract, May 2016: AED 200,000 a yearNew contract, May 2017: AED 215,000 a yearNew contract, December 2019: AED 185,000 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 - Pacific, and where 1106 sits

All 28 2-beds →

1106 last sold in December 2011 at AED 1,667 per sqft, 16% above what two-beds in Oceana - Pacific were fetching at the time (AED 1,436). Over the last 12 months two-beds sold for AED 6,600,000, around AED 3,861 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20256,600,000
9 Jun 20256,000,000
30 May 20255,650,000
23 Apr 20257,380,000
1 2-bed sale in the last 12 months

Oceana - Pacific

Building

92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. 4 sold in the last 12 months.

Typical price per sqft
AED 3,531
Typical sale
AED 5.9M
Typical rent
AED 293K /yr
Typical yield
4.4%
Oceana - Pacific, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 92 units in Oceana - Pacific
Value
11012-bedAED 2.66M · Jan 2011
11023-bedAED 3.43M · Dec 2010
11031-bedAED 1.89M · Sep 2010
11041-bedAED 1.5M · Dec 2019
11053-bedAED 4.4M · Oct 2012

1106, Oceana - Pacific in numbers

  • Sold twice: first on 11 August 2011 for AED 2,662,411, last on 25 December 2011 for AED 2,850,000 (AED 1,667 per sqft).
  • Rented since November 2014 on 4 Ejari contracts, from AED 280,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2011 price is 6.5%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).
  • Two-beds in Oceana - Pacific sold for AED 6,600,000–6,600,000 in the 12 months to November 2026; the building's median across all types is AED 3,531 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2019.

Questions about 1106, Oceana - Pacific

What did unit 1106 last sell for?

AED 2,850,000 on 25 December 2011: AED 1,667 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,662,411 in August 2011.

What is the rent for unit 1106?

AED 185,000 a year on the contract signed on 1 December 2019. The previous contract, from May 2017, was AED 215,000; the unit has been rented since November 2014.

How big is unit 1106?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2010.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceana - Pacific sold for AED 6,600,000 to 6,600,000 in the last 12 months, around AED 3,861 per sqft.

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Mortgage on 1106, Oceana - Pacific

Starts from the last sale price (AED 2.85M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →