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2-bed · 1,955 sqftOceana - Southern, Palm Jumeirah · Ground floor · completed 2010

G08, Oceana - Southern

Sold prices and rental history: sold 5 times, last in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 3.93M22 December 2022
Current rentAED 124K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Oceana - Southern

What is G08 worth today?

Last sold for AED 3,925,000 in 2022

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22 Dec 2022SoldReady
AED 3,925,000AED 2,007 per sqft
5 Jul 2021SoldReady
AED 1,925,000AED 984 per sqft
15 Aug 2019RentedRenewal
AED 124,000/yr12 months · AED 63 per sqft
15 Aug 2018RentedNew contract
AED 135,000/yr12 months · AED 69 per sqft
29 May 2016SoldReady
AED 3,663,000AED 1,873 per sqft
6 Jan 2015SoldReady
AED 4,200,000AED 2,148 per sqft
18 Jan 2011Sold by developerReady
AED 2,395,000AED 1,225 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2022.

Key facts

Type
2-bed apartment
Size
1,955 sqft
Floor
Ground of 14
Parking
B2-2368
Developer
Seven Tides
Completed
2010
Service charge
AED 45,200 /yr
Last sold
AED 3.93M · December 2022
Building
Oceana - Southern

About G08, Oceana - Southern

G08 is a two-bedroom apartment of 1,955 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 22 December 2022 for AED 3,925,000, or AED 2,007 per sqft, in line with the AED 1,999 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 15 August 2019, is AED 124,000 a year: a gross yield of 3.2% on the 2022 price, before the service charge of about AED 45,200 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical two-bed in Oceana - Southern
2M4M2010201420182022Typical sale price by year: 2010 AED 2,633,847; 2011 AED 2,513,750; 2012 AED 2,845,000; 2013 AED 3,800,000; 2015 AED 3,950,000; 2017 AED 3,210,610; 2018 AED 3,250,000; 2022 AED 3,552,304; 2023 AED 4,125,000; 2024 AED 4,296,648Sold by developer, January 2011: AED 2,395,000 (AED 1,225 per sqft)Sold, January 2015: AED 4,200,000 (AED 2,148 per sqft)Sold, May 2016: AED 3,663,000 (AED 1,873 per sqft)Sold, July 2021: AED 1,925,000 (AED 984 per sqft)Sold, December 2022: AED 3,925,000 (AED 2,007 per sqft)

G08 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, each contractTypical two-bed in Oceana - Southern
200K2013201720212025Typical rent by year: 2013 AED 192,000; 2014 AED 215,000; 2015 AED 220,000; 2016 AED 190,000; 2017 AED 185,000; 2018 AED 180,000; 2019 AED 152,500; 2020 AED 140,000; 2021 AED 140,000; 2022 AED 162,500; 2023 AED 210,000; 2024 AED 247,500; 2025 AED 255,000New contract, August 2018: AED 135,000 a yearRenewal, August 2019: AED 124,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceana - Southern, and where G08 sits

All 30 2-beds →

G08 last sold in December 2022 at AED 2,007 per sqft, in line with what two-beds in Oceana - Southern were fetching at the time (AED 1,999).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Aug 20244,700,000
20 Jun 20244,000,000
28 May 20244,296,648
13 May 20244,150,000
0 2-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
G071-bedAED 3.66M · Nov 2024

G08, Oceana - Southern in numbers

  • Sold 5 times: first on 18 January 2011 for AED 2,395,000, last on 22 December 2022 for AED 3,925,000 (AED 2,007 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, from AED 135,000 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2022 price is 3.2%, before a service charge of about AED 45,200 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2022.

Questions about G08, Oceana - Southern

What did unit G08 last sell for?

AED 3,925,000 on 22 December 2022: AED 2,007 per sqft for 1,955 sqft. The unit has 5 registered sales; the first was AED 2,395,000 in January 2011.

What is the rent for unit G08?

AED 124,000 a year on the contract renewed on 15 August 2019. The previous contract, from August 2018, was AED 135,000.

How big is unit G08?

1,955 sqft (181.6 sqm): a two-bedroom apartment on the ground floor of a 14-storey tower completed in 2010.

What is unit G08 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 G08, Oceana - Southern

Starts from the last sale price (AED 3.93M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,925,000
Deposit, UAE resident (20%)
AED 785,000
Deposit, non-resident (40%)
AED 1,570,000
Monthly over 25 years at 3.7%
AED 16,058

Plus AED 169,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →