1003, Oceana - Southern
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Oceana - Southern
What is 1003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 11th of 14
- Parking
- B1-1402
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.95M · September 2010
- Building
- Oceana - Southern
About 1003, Oceana - Southern
1003 is a one-bedroom apartment of 1,338 sqft on the 11th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 28 September 2010 for AED 1,946,048, or AED 1,454 per sqft, in line with the AED 1,416 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 110,000 a year: a gross yield of 5.7% on the 2010 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1003 over time
1003 has sold once; 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 - Southern, and where 1003 sits
All 33 1-beds →1003 last sold in September 2010 at AED 1,454 per sqft, in line with what one-beds in Oceana - Southern were fetching at the time (AED 1,416). 1003's AED 110,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202519 May 2025 | 1,338 sqft | 2,915,000 | 2,178 | ||
| 14 Nov 202414 November 2024 | 1,375 sqft | 3,655,000 | 2,658 | ||
| 4 Jun 20244 June 2024 | 892 sqft | 1,650,000 | 1,849 | ||
| 22 May 202422 May 2024 | 1,338 sqft | 3,850,000 | 2,877 |
Oceana - Southern
Building92 apartments, 1-bed to 4-bed over 14 floors in Palm Jumeirah, completed in 2010 by Seven Tides. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 220K /yr
- Typical yield
Other units on the 11th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,709 sqft | AED 2.74MAED 2,742,088 · Jan 2011January 2011 | 240,000 /yr | |
| 1002 | 3-bed | 2,440 sqft | AED 9.3MAED 9,300,000 · Oct 2024October 2024 | 500,000 /yr | |
| 1004 | 1-bed | 1,338 sqft | AED 1.95MAED 1,946,048 · Sep 2010September 2010 | 127,050 /yr | |
| 1005 | 3-bed | 2,280 sqft | AED 3.71MAED 3,712,088 · Mar 2011March 2011 | 180,000 /yr | |
| 1006 | 2-bed | 1,709 sqft | AED 4.35MAED 4,350,000 · Dec 2022December 2022 | 133,250 /yr |
1003, Oceana - Southern in numbers
- Sold once: by Seven Tides on 28 September 2010 for AED 1,946,048, or AED 1,454 per sqft.
- Rented since August 2013 on 8 Ejari contracts, from AED 150,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2010 price is 5.7%, before a service charge of about AED 30,900 a year (AED 23.10 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.
Questions about 1003, Oceana - Southern
What did unit 1003 last sell for?
AED 1,946,048 on 28 September 2010, sold by the developer: AED 1,454 per sqft for 1,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 110,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2021, was AED 110,000; the unit has been rented since August 2013.
How big is unit 1003?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2010.
What is unit 1003 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 1003, Oceana - Southern
Starts from the last sale price (AED 1.95M, 28 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,946,048
- Deposit, UAE resident (20%)
- AED 389,210
- Deposit, non-resident (40%)
- AED 778,419
- Monthly over 25 years at 3.7%
- AED 7,962
Plus AED 86,744 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →