Home
Dubai prices
About
Research
1-bed · 1,891 sqftOceana - Southern, Palm Jumeirah · -1th floor · completed 2010

PR01, Oceana - Southern

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR01 · DLD and Ejari recordsUpdated 28 October 2023
Last soldAED 1.8M10 November 2021
Current rentAED 235K /yr28 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PR01, Oceana - Southern

What is PR01 worth today?

Last sold for AED 1,800,000 in 2021

Unlock today's estimate, updated daily, with

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

28 Oct 2023RentedNew contract
AED 235,000/yr12 months · AED 124 per sqft
10 Nov 2021SoldReady
AED 1,800,000AED 951 per sqft
8 Jan 2021RentedRenewal
AED 105,000/yr13 months · AED 56 per sqft
8 Dec 2019RentedRenewal
AED 110,000/yr13 months · AED 58 per sqft
8 Nov 2018RentedNew contract
AED 101,538/yr13 months · AED 54 per sqft
1 Mar 2014RentedNew contract
AED 165,000/yr12 months · AED 87 per sqft
28 Jun 2012SoldReady
AED 1,412,500AED 747 per sqft
20 Jun 2012Sold by developerReady
AED 1,815,360AED 960 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 October 2023.

Key facts

Type
1-bed apartment
Size
1,891 sqft
Floor
-1th of 14
Parking
B1-1A4-1,1A4-2
Developer
Seven Tides
Completed
2010
Service charge
AED 43,700 /yr
Last sold
AED 1.8M · November 2021
Building
Oceana - Southern

About PR01, Oceana - Southern

PR01 is a one-bedroom apartment of 1,891 sqft on the -1th floor of Oceana - Southern, a 14-storey tower in Palm Jumeirah completed in 2010 by Seven Tides. It last sold on 10 November 2021 for AED 1,800,000, or AED 951 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 28 October 2023, is AED 235,000 a year: a gross yield of 13.1% on the 2021 price, before the service charge of about AED 43,700 a year.

Sales and rents for PR01 over time

Sales
Unit PR01, each saleTypical one-bed in Oceana - Southern
2M4M2010201420182022Typical 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, June 2012: AED 1,412,500 (AED 747 per sqft)Sold by developer, June 2012: AED 1,815,360 (AED 960 per sqft)Sold, November 2021: AED 1,800,000 (AED 951 per sqft)

PR01 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit PR01, each contractTypical one-bed in Oceana - Southern
100K200K2012201620202024Typical 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, March 2014: AED 165,000 a yearNew contract, November 2018: AED 101,538 a yearRenewal, December 2019: AED 110,000 a yearRenewal, January 2021: AED 105,000 a yearNew contract, October 2023: AED 235,000 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 PR01 sits

All 33 1-beds →

PR01's AED 235,000 is at the top 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 -1th floor

All 92 units in Oceana - Southern
Value
PR022-bedAED 4M · Jun 2024
PR032-bedAED 3.5M · Dec 2013
PR041-bedAED 1.5M · Jun 2020

PR01, Oceana - Southern in numbers

  • Sold 3 times: first on 20 June 2012 for AED 1,815,360, last on 10 November 2021 for AED 1,800,000 (AED 951 per sqft).
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 101,538 in 2018 and recovered to AED 235,000 by October 2023.
  • At AED 235,000 a year the gross yield on the 2021 price is 13.1%, before a service charge of about AED 43,700 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 October 2023.

Questions about PR01, Oceana - Southern

What did unit PR01 last sell for?

AED 1,800,000 on 10 November 2021: AED 951 per sqft for 1,891 sqft. The unit has 3 registered sales; the first was AED 1,815,360 in June 2012.

What is the rent for unit PR01?

AED 235,000 a year on the contract signed on 28 October 2023. The previous contract, from January 2021, was AED 105,000; the unit has been rented since March 2014.

How big is unit PR01?

1,891 sqft (175.7 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.

What is unit PR01 worth today?

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

Selling PR01? 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 PR01, Oceana - Southern

Starts from the last sale price (AED 1.8M, 10 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →