1-bed · 1,375 sqftOceana - Southern, Palm Jumeirah · Ground floor · completed 2010

G07, Oceana - Southern

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 3.66M14 November 2024
Current rentAED 200K /yr3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Oceana - Southern

What is G07 worth today?

Last sold for AED 3,655,000 in 2024

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14 Nov 2024SoldReady
AED 3,655,000AED 2,658 per sqft
3 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 145 per sqft
22 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
8 Jan 2018RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
15 May 2016RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
2 Jul 2015SoldReady
AED 2,050,000AED 1,491 per sqft
3 Apr 2014RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
2 Jan 2011Sold by developerReady
AED 1,675,000AED 1,218 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
1,375 sqft
Floor
Ground of 14
Parking
B2-2367
Developer
Seven Tides
Completed
2010
Service charge
AED 31,800 /yr
Last sold
AED 3.66M · November 2024

About G07, Oceana - Southern

G07 is a one-bedroom apartment of 1,375 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 14 November 2024 for AED 3,655,000, or AED 2,658 per sqft, 18% above the AED 2,254 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 3 October 2022, is AED 200,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 31,800 a year.

Sales and rents for G07 over time

Sales
Unit G07, 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 1,218 per sqft)Sold, July 2015: AED 2,050,000 (AED 1,491 per sqft)Sold, November 2024: AED 3,655,000 (AED 2,658 per sqft)

G07 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, 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, April 2014: AED 135,000 a yearNew contract, May 2016: AED 150,000 a yearNew contract, January 2018: AED 125,000 a yearNew contract, September 2018: AED 120,000 a yearNew contract, October 2022: AED 200,000 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 G07 sits

All 33 1-beds →

G07 last sold in November 2024 at AED 2,658 per sqft, 18% above what one-beds in Oceana - Southern were fetching at the time (AED 2,254). G07's AED 200,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 May 20252,915,000
4 Jun 20241,650,000
22 May 20243,850,000
6 Dec 20232,750,000
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
G021-bedAED 2.5M · Nov 2014
G031-bedAED 2.1M · Sep 2015
G041-bedAED 2.4M · Dec 2014
G051-bedAED 2.75M · Dec 2023
G061-bedAED 2.14M · Apr 2023
G082-bedAED 3.93M · Dec 2022

G07, Oceana - Southern in numbers

  • Sold 3 times: first on 2 January 2011 for AED 1,675,000, last on 14 November 2024 for AED 3,655,000 (AED 2,658 per sqft).
  • Rented since April 2014 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2018 and recovered to AED 200,000 by October 2022.
  • At AED 200,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 31,800 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.

Questions about G07, Oceana - Southern

What did unit G07 last sell for?

AED 3,655,000 on 14 November 2024: AED 2,658 per sqft for 1,375 sqft. The unit has 3 registered sales; the first was AED 1,675,000 in January 2011.

What is the rent for unit G07?

AED 200,000 a year on the contract signed on 3 October 2022. The previous contract, from September 2018, was AED 120,000; the unit has been rented since April 2014.

How big is unit G07?

1,375 sqft (127.7 sqm): a one-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G07 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 G07, Oceana - Southern

Starts from the last sale price (AED 3.66M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,655,000
Deposit, UAE resident (20%)
AED 731,000
Deposit, non-resident (40%)
AED 1,462,000
Monthly over 25 years at 3.7%
AED 14,954

Plus AED 158,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →