704, Oceana - Southern
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Oceana - Southern
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,338 sqft
- Floor
- 8th of 14
- Parking
- B1-1376
- Developer
- Seven Tides
- Completed
- 2010
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.91M · March 2011
- Building
- Oceana - Southern
About 704, Oceana - Southern
704 is a one-bedroom apartment of 1,338 sqft on the 8th 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 1,905,700, or AED 1,424 per sqft, 12% above the AED 1,275 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 November 2024, is AED 197,802 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 30,900 a year.
Sales and rents for 704 over time
704 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 704 sits
All 33 1-beds →704 last sold in March 2011 at AED 1,424 per sqft, 12% above what one-beds in Oceana - Southern were fetching at the time (AED 1,275). 704's AED 197,802 is in the lower half 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 8th floor
All 92 units in Oceana - Southern| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,709 sqft | AED 2.63MAED 2,633,847 · Apr 2011April 2011 | 250,000 /yr | |
| 702 | 3-bed | 2,440 sqft | AED 3.4MAED 3,396,953 · Jan 2011January 2011 | ||
| 703 | 1-bed | 1,338 sqft | AED 3.85MAED 3,850,000 · May 2024May 2024 | 120,000 /yr | |
| 705 | 3-bed | 2,280 sqft | AED 5MAED 5,000,000 · May 2016May 2016 | 285,000 /yr | |
| 706 | 2-bed | 1,709 sqft | AED 3.25MAED 3,250,000 · Aug 2018August 2018 | 171,000 /yr |
704, Oceana - Southern in numbers
- Sold once: by Seven Tides on 23 March 2011 for AED 1,905,700, or AED 1,424 per sqft.
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 148,000 to AED 110,000 in 2019 and recovered to AED 197,802 by November 2024.
- At AED 197,802 a year the gross yield on the 2011 price is 10.4%, 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 1 November 2024.
Questions about 704, Oceana - Southern
What did unit 704 last sell for?
AED 1,905,700 on 23 March 2011, sold by the developer: AED 1,424 per sqft for 1,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 197,802 a year on the contract signed on 1 November 2024. The previous contract, from November 2023, was AED 238,717; the unit has been rented since October 2017.
How big is unit 704?
1,338 sqft (124.3 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2010.
What is unit 704 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 704, Oceana - Southern
Starts from the last sale price (AED 1.91M, 23 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,905,700
- Deposit, UAE resident (20%)
- AED 381,140
- Deposit, non-resident (40%)
- AED 762,280
- Monthly over 25 years at 3.7%
- AED 7,797
Plus AED 85,049 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →