1-bed · 1,338 sqftOceana - Southern, Palm Jumeirah · 11th floor · completed 2010

1004, 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.

Unit 1004 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.95M28 September 2010
Current rentAED 127K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Oceana - Southern

What is 1004 worth today?

Last sold for AED 1,946,048 in 2010

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18 Nov 2024RentedRenewal
AED 127,050/yr12 months · AED 95 per sqft
18 Nov 2023RentedRenewal
AED 121,000/yr12 months · AED 90 per sqft
18 Nov 2022RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
18 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
18 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
1 Mar 2017RentedNew contract
AED 175,000/yr12 months · AED 131 per sqft
11 Feb 2016RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
7 Feb 2014RentedNew contract
AED 141,750/yr12 months · AED 106 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
11th of 14
Parking
B1-1401
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.95M · September 2010

About 1004, Oceana - Southern

1004 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 9 Ejari contracts. The current contract, renewed on 18 November 2024, is AED 127,050 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Oceana - Southern
2M3M4M2010201420182022Typical sale price by year: 2010 AED 1,946,048; 2011 AED 1,707,060; 2012 AED 1,807,680; 2013 AED 2,450,000; 2014 AED 2,500,000; 2015 AED 2,075,000; 2017 AED 2,625,000; 2022 AED 2,459,689; 2023 AED 2,743,500; 2024 AED 3,655,000Sold by developer, September 2010: AED 1,946,048 (AED 1,454 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Oceana - Southern
100K150K200K2012201620202024Typical rent by year: 2012 AED 131,750; 2013 AED 140,000; 2014 AED 157,279; 2015 AED 155,000; 2016 AED 162,500; 2017 AED 150,000; 2018 AED 130,000; 2019 AED 129,231; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 142,500; 2023 AED 163,560; 2024 AED 158,298; 2025 AED 205,000New contract, February 2013: AED 135,000 a yearNew contract, February 2014: AED 141,750 a yearNew contract, February 2016: AED 170,000 a yearNew contract, March 2017: AED 175,000 a yearNew contract, November 2018: AED 130,000 a yearNew contract, November 2020: AED 105,000 a yearRenewal, November 2022: AED 110,000 a yearRenewal, November 2023: AED 121,000 a yearRenewal, November 2024: AED 127,050 a year

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 1004 sits

All 33 1-beds →

1004 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). 1004's AED 127,050 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 May 20252,915,000
14 Nov 20243,655,000
4 Jun 20241,650,000
22 May 20243,850,000
0 1-bed sales in the last 12 months

Oceana - Southern

Building

92 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
Oceana - Southern, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 92 units in Oceana - Southern
Value
10012-bedAED 2.74M · Jan 2011
10023-bedAED 9.3M · Oct 2024
10031-bedAED 1.95M · Sep 2010
10053-bedAED 3.71M · Mar 2011
10062-bedAED 4.35M · Dec 2022

1004, 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 February 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2020 and recovered to AED 127,050 by November 2024.
  • At AED 127,050 a year the gross yield on the 2010 price is 6.5%, 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 18 November 2024.

Questions about 1004, Oceana - Southern

What did unit 1004 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 1004?

AED 127,050 a year on the contract renewed on 18 November 2024. The previous contract, from November 2023, was AED 121,000; the unit has been rented since February 2013.

How big is unit 1004?

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 1004 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 1004, 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 →