1-bed · 1,691 sqftOceana - Southern, Palm Jumeirah · Ground floor · completed 2010

G02, Oceana - Southern

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 10 December 2022
Last soldAED 2.5M24 November 2014
Current rentAED 150K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Oceana - Southern

What is G02 worth today?

Last sold for AED 2,500,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Dec 2022RentedRenewal
AED 150,000/yr12 months · AED 89 per sqft
10 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 59 per sqft
10 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
9 Dec 2018RentedNew contract
AED 112,000/yr12 months · AED 66 per sqft
30 Nov 2017RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
14 Sep 2015RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
24 Nov 2014SoldReady
AED 2,500,000AED 1,478 per sqft
2 Jan 2011Sold by developerReady
AED 1,675,000AED 990 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2022.

Key facts

Type
1-bed apartment
Size
1,691 sqft
Floor
Ground of 14
Parking
B1-1345
Developer
Seven Tides
Completed
2010
Service charge
AED 39,100 /yr
Last sold
AED 2.5M · November 2014

About G02, Oceana - Southern

G02 is a one-bedroom apartment of 1,691 sqft on the ground floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 24 November 2014 for AED 2,500,000, or AED 1,478 per sqft, 16% below the AED 1,767 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 150,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 39,100 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, January 2011: AED 1,675,000 (AED 990 per sqft)Sold, November 2014: AED 2,500,000 (AED 1,478 per sqft)

G02 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, September 2015: AED 155,000 a yearNew contract, November 2017: AED 155,000 a yearNew contract, December 2018: AED 112,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2022: AED 150,000 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 G02 sits

All 33 1-beds →

G02 last sold in November 2014 at AED 1,478 per sqft, 16% below what one-beds in Oceana - Southern were fetching at the time (AED 1,767). G02's AED 150,000 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 ground floor

All 92 units in Oceana - Southern
Value
G012-bedAED 2.2M · Mar 2011
G031-bedAED 2.1M · Sep 2015
G041-bedAED 2.4M · Dec 2014
G051-bedAED 2.75M · Dec 2023
G061-bedAED 2.14M · Apr 2023
G071-bedAED 3.66M · Nov 2024
G082-bedAED 3.93M · Dec 2022

G02, Oceana - Southern in numbers

  • Sold twice: first on 2 January 2011 for AED 1,675,000, last on 24 November 2014 for AED 2,500,000 (AED 1,478 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2020 and recovered to AED 150,000 by December 2022.
  • At AED 150,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 39,100 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2022.

Questions about G02, Oceana - Southern

What did unit G02 last sell for?

AED 2,500,000 on 24 November 2014: AED 1,478 per sqft for 1,691 sqft. The unit has 2 registered sales; the first was AED 1,675,000 in January 2011.

What is the rent for unit G02?

AED 150,000 a year on the contract renewed on 10 December 2022. The previous contract, from December 2020, was AED 100,000; the unit has been rented since September 2015.

How big is unit G02?

1,691 sqft (157.1 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling G02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G02, Oceana - Southern

Starts from the last sale price (AED 2.5M, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →