404, Oceana - Southern
Sold prices and rental history: sold 4 times, last in October 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Oceana - Southern
What is 404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 5th of 14
- Parking
- B1-1330
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.3M · October 2012
- Building
- Oceana - Southern
About 404, Oceana - Southern
404 is a one-bedroom apartment of 1,338 sqft on the 5th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 21 October 2012 for AED 2,300,000, or AED 1,718 per sqft, 64% above the AED 1,046 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 5 January 2025, is AED 260,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 30,900 a year.
Sales and rents for 404 over time
404 has sold 4 times; 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 404 sits
All 33 1-beds →404 last sold in October 2012 at AED 1,718 per sqft, 64% above what one-beds in Oceana - Southern were fetching at the time (AED 1,046). 404's AED 260,000 is at the top 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 5th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,709 sqft | AED 3.15MAED 3,150,000 · Feb 2012February 2012 | 325,000 /yr | |
| 402 | 3-bed | 2,440 sqft | AED 6.8MAED 6,800,000 · Oct 2021October 2021 | ||
| 403 | 1-bed | 1,338 sqft | AED 2.7MAED 2,700,000 · Jul 2017July 2017 | 155,000 /yr | |
| 405 | 3-bed | 2,280 sqft | AED 6.02MAED 6,020,000 · Apr 2024April 2024 | 176,400 /yr | |
| 406 | 2-bed | 1,709 sqft | AED 3.7MAED 3,700,000 · Sep 2022September 2022 | 434,500 /yr |
404, Oceana - Southern in numbers
- Sold 4 times: first on 16 December 2010 for AED 1,758,272, last on 21 October 2012 for AED 2,300,000 (AED 1,718 per sqft).
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 155,000 in 2021 and recovered to AED 260,000 by January 2025.
- At AED 260,000 a year the gross yield on the 2012 price is 11.3%, 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 5 January 2025.
Questions about 404, Oceana - Southern
What did unit 404 last sell for?
AED 2,300,000 on 21 October 2012: AED 1,718 per sqft for 1,338 sqft. The unit has 4 registered sales; the first was AED 1,758,272 in December 2010.
What is the rent for unit 404?
AED 260,000 a year on the contract renewed on 5 January 2025. The previous contract, from January 2024, was AED 260,000; the unit has been rented since November 2016.
How big is unit 404?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.
What is unit 404 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 404, Oceana - Southern
Starts from the last sale price (AED 2.3M, 21 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →