1-bed · 1,338 sqftOceana - Southern, Palm Jumeirah · 6th floor · completed 2010

503, Oceana - Southern

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 1.82M28 September 2010
Current rentAED 160K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Oceana - Southern

What is 503 worth today?

Last sold for AED 1,818,019 in 2010

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22 Aug 2025RentedRenewal
AED 160,000/yr12 months · AED 120 per sqft
22 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
20 Aug 2021RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
15 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
15 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
15 Aug 2018RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
15 Aug 2017RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
19 Jul 2016RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2025.

Key facts

Type
1-bed apartment
Size
1,338 sqft
Floor
6th of 14
Parking
B1-1355
Developer
Seven Tides
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 1.82M · September 2010

About 503, Oceana - Southern

503 is a one-bedroom apartment of 1,338 sqft on the 6th 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 1,818,019, or AED 1,358 per sqft, 4% below the AED 1,416 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 160,000 a year: a gross yield of 8.8% on the 2010 price, before the service charge of about AED 30,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,818,019 (AED 1,358 per sqft)

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

Rents
Unit 503, 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, July 2014: AED 160,000 a yearNew contract, July 2016: AED 160,000 a yearNew contract, August 2017: AED 150,000 a yearRenewal, August 2018: AED 130,000 a yearRenewal, August 2019: AED 130,000 a yearNew contract, August 2020: AED 100,000 a yearNew contract, August 2021: AED 115,000 a yearRenewal, August 2024: AED 140,000 a yearRenewal, August 2025: AED 160,000 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 503 sits

All 33 1-beds →

503 last sold in September 2010 at AED 1,358 per sqft, 4% below what one-beds in Oceana - Southern were fetching at the time (AED 1,416). 503's AED 160,000 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 6th floor

All 92 units in Oceana - Southern
Value
5012-bedAED 2.56M · Jan 2011
5023-bedAED 6.5M · Jul 2012
5041-bedAED 2.8M · Nov 2013
5053-bedAED 3.65M · Jul 2021
5062-bedAED 3.75M · Jun 2016

503, Oceana - Southern in numbers

  • Sold once: by Seven Tides on 28 September 2010 for AED 1,818,019, or AED 1,358 per sqft.
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 160,000 by August 2025.
  • At AED 160,000 a year the gross yield on the 2010 price is 8.8%, 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 22 August 2025.

Questions about 503, Oceana - Southern

What did unit 503 last sell for?

AED 1,818,019 on 28 September 2010, sold by the developer: AED 1,358 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 160,000 a year on the contract renewed on 22 August 2025. The previous contract, from August 2024, was AED 140,000; the unit has been rented since July 2014.

How big is unit 503?

1,338 sqft (124.3 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2010.

What is unit 503 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 503, Oceana - Southern

Starts from the last sale price (AED 1.82M, 28 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,818,019
Deposit, UAE resident (20%)
AED 363,604
Deposit, non-resident (40%)
AED 727,208
Monthly over 25 years at 3.7%
AED 7,438

Plus AED 81,367 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →