2-bed · 1,709 sqftOceana - Pacific, Palm Jumeirah · 8th floor · completed 2010

701, Oceana - Pacific

Sold prices and rental history: sold twice, last in May 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 5.8M20 May 2024
Current rentAED 300K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Oceana - Pacific

What is 701 worth today?

Last sold for AED 5,800,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedNew contract
AED 300,000/yr12 months · AED 175 per sqft
20 May 2024SoldReady
AED 5,800,000AED 3,393 per sqft
1 Aug 2019RentedRenewal
AED 150,000/yr36 months · AED 88 per sqft
1 Aug 2016RentedNew contract
AED 150,000/yr36 months · AED 88 per sqft
9 Dec 2010Sold by developerReady
AED 2,524,104AED 1,476 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
8th of 14
Parking
B1-1310
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 5.8M · May 2024

About 701, Oceana - Pacific

701 is a two-bedroom apartment of 1,709 sqft on the 8th floor of Oceana - Pacific, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 20 May 2024 for AED 5,800,000, or AED 3,393 per sqft, in line with the AED 3,393 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 July 2024, is AED 300,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, December 2010: AED 2,524,104 (AED 1,476 per sqft)Sold, May 2024: AED 5,800,000 (AED 3,393 per sqft)

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

Rents
Unit 701, 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, August 2016: AED 150,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, July 2024: AED 300,000 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 701 sits

All 28 2-beds →

701 last sold in May 2024 at AED 3,393 per sqft, in line with what two-beds in Oceana - Pacific were fetching at the time (AED 3,393). 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 8th floor

All 92 units in Oceana - Pacific
Value
7023-bedAED 4.43M · Aug 2021
7031-bedAED 2.45M · Feb 2013
7041-bedAED 4.43M · Jul 2025
7053-bedAED 6.38M · Aug 2022
7062-bedAED 3.8M · Nov 2021

701, Oceana - Pacific in numbers

  • Sold twice: first on 9 December 2010 for AED 2,524,104, last on 20 May 2024 for AED 5,800,000 (AED 3,393 per sqft).
  • Rented since August 2016 on 3 Ejari contracts, from AED 150,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2024 price is 5.2%, 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 July 2024.

Questions about 701, Oceana - Pacific

What did unit 701 last sell for?

AED 5,800,000 on 20 May 2024: AED 3,393 per sqft for 1,709 sqft. The unit has 2 registered sales; the first was AED 2,524,104 in December 2010.

What is the rent for unit 701?

AED 300,000 a year on the contract signed on 1 July 2024. The previous contract, from August 2019, was AED 150,000; the unit has been rented since August 2016.

How big is unit 701?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Oceana - Pacific

Starts from the last sale price (AED 5.8M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →