2-bed · 1,709 sqftOceana - Southern, Palm Jumeirah · 3rd floor · completed 2010

201, Oceana - Southern

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 2.41M23 March 2011
Current rentAED 280K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Oceana - Southern

What is 201 worth today?

Last sold for AED 2,405,340 in 2011

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10 Feb 2025RentedRenewal
AED 280,000/yr12 months · AED 164 per sqft
10 Feb 2024RentedRenewal
AED 280,000/yr12 months · AED 164 per sqft
10 Feb 2023RentedNew contract
AED 280,000/yr12 months · AED 164 per sqft
23 Dec 2021RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
15 Nov 2018RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
15 Feb 2017RentedRenewal
AED 200,539/yr12 months · AED 117 per sqft
15 Feb 2016RentedNew contract
AED 200,000/yr12 months · AED 117 per sqft
23 Mar 2011Sold by developerReady
AED 2,405,340AED 1,407 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.

Key facts

Type
2-bed apartment
Size
1,709 sqft
Floor
3rd of 14
Parking
B2-2416
Developer
Seven Tides
Completed
2010
Service charge
AED 39,500 /yr
Last sold
AED 2.41M · March 2011

About 201, Oceana - Southern

201 is a two-bedroom apartment of 1,709 sqft on the 3rd floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. The developer sold it on 23 March 2011 for AED 2,405,340, or AED 1,407 per sqft, 4% below the AED 1,463 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 280,000 a year: a gross yield of 11.6% on the 2011 price, before the service charge of about AED 39,500 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Oceana - Southern
3M4M2010201420182022Typical sale price by year: 2010 AED 2,633,847; 2011 AED 2,513,750; 2012 AED 2,845,000; 2013 AED 3,800,000; 2015 AED 3,950,000; 2017 AED 3,210,610; 2018 AED 3,250,000; 2022 AED 3,552,304; 2023 AED 4,125,000; 2024 AED 4,296,648Sold by developer, March 2011: AED 2,405,340 (AED 1,407 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Oceana - Southern
200K300K2013201720212025Typical rent by year: 2013 AED 192,000; 2014 AED 215,000; 2015 AED 220,000; 2016 AED 190,000; 2017 AED 185,000; 2018 AED 180,000; 2019 AED 152,500; 2020 AED 140,000; 2021 AED 140,000; 2022 AED 162,500; 2023 AED 210,000; 2024 AED 247,500; 2025 AED 255,000New contract, February 2016: AED 200,000 a yearRenewal, February 2017: AED 200,539 a yearNew contract, November 2018: AED 150,000 a yearNew contract, December 2021: AED 180,000 a yearNew contract, February 2023: AED 280,000 a yearRenewal, February 2024: AED 280,000 a yearRenewal, February 2025: AED 280,000 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 - Southern, and where 201 sits

All 30 2-beds →

201 last sold in March 2011 at AED 1,407 per sqft, 4% below what two-beds in Oceana - Southern were fetching at the time (AED 1,463).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Aug 20244,700,000
20 Jun 20244,000,000
28 May 20244,296,648
13 May 20244,150,000
0 2-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 3rd floor

All 92 units in Oceana - Southern
Value
2023-bedAED 5.75M · May 2011
2031-bedAED 1.71M · Sep 2010
2041-bedAED 1.71M · Jan 2011
2053-bedAED 2.58M · Apr 2011
2062-bedAED 3.18M · Aug 2022

201, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 23 March 2011 for AED 2,405,340, or AED 1,407 per sqft.
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 150,000 in 2018 and recovered to AED 280,000 by February 2025.
  • At AED 280,000 a year the gross yield on the 2011 price is 11.6%, before a service charge of about AED 39,500 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.

Questions about 201, Oceana - Southern

What did unit 201 last sell for?

AED 2,405,340 on 23 March 2011, sold by the developer: AED 1,407 per sqft for 1,709 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 280,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 280,000; the unit has been rented since February 2016.

How big is unit 201?

1,709 sqft (158.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2010.

What is unit 201 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 201, Oceana - Southern

Starts from the last sale price (AED 2.41M, 23 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,405,340
Deposit, UAE resident (20%)
AED 481,068
Deposit, non-resident (40%)
AED 962,136
Monthly over 25 years at 3.7%
AED 9,841

Plus AED 106,035 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →