Home
Dubai prices
About
Research
1-bed · 1,921 sqftOceana - Southern, Palm Jumeirah · -1th floor · completed 2010

PR04, Oceana - Southern

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PR04 · DLD and Ejari recordsUpdated 3 June 2020
Last soldAED 1.5M3 June 2020
Current rentAED 110K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PR04, Oceana - Southern

What is PR04 worth today?

Last sold for AED 1,500,000 in 2020

Unlock today's estimate, updated daily, with

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

3 Jun 2020SoldReady
AED 1,500,000AED 780 per sqft
1 May 2018RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
19 Feb 2017RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
3 Apr 2014SoldReady
AED 2,500,000AED 1,301 per sqft
7 Feb 2014RentedNew contract
AED 155,000/yr12 months · AED 81 per sqft
7 Feb 2013RentedNew contract
AED 155,000/yr12 months · AED 81 per sqft
23 Feb 2012Sold by developerReady
AED 1,800,000AED 937 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2020.

Key facts

Type
1-bed apartment
Size
1,921 sqft
Floor
-1th of 14
Parking
B1-1A4-9,1A4-10
Developer
Seven Tides
Completed
2010
Service charge
AED 44,400 /yr
Last sold
AED 1.5M · June 2020
Building
Oceana - Southern

About PR04, Oceana - Southern

PR04 is a one-bedroom apartment of 1,921 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 3 June 2020 for AED 1,500,000, or AED 780 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 May 2018, is AED 110,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 44,400 a year.

Sales and rents for PR04 over time

Sales
Unit PR04, 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, February 2012: AED 1,800,000 (AED 937 per sqft)Sold, April 2014: AED 2,500,000 (AED 1,301 per sqft)Sold, June 2020: AED 1,500,000 (AED 780 per sqft)

PR04 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit PR04, 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, February 2013: AED 155,000 a yearNew contract, February 2014: AED 155,000 a yearNew contract, February 2017: AED 150,000 a yearNew contract, May 2018: AED 110,000 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 PR04 sits

All 33 1-beds →

PR04's AED 110,000 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 -1th floor

All 92 units in Oceana - Southern
Value
PR011-bedAED 1.8M · Nov 2021
PR022-bedAED 4M · Jun 2024
PR032-bedAED 3.5M · Dec 2013

PR04, Oceana - Southern in numbers

  • Sold 3 times: first on 23 February 2012 for AED 1,800,000, last on 3 June 2020 for AED 1,500,000 (AED 780 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 155,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 44,400 a year (AED 23.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2020.

Questions about PR04, Oceana - Southern

What did unit PR04 last sell for?

AED 1,500,000 on 3 June 2020: AED 780 per sqft for 1,921 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in February 2012.

What is the rent for unit PR04?

AED 110,000 a year on the contract signed on 1 May 2018. The previous contract, from February 2017, was AED 150,000; the unit has been rented since February 2013.

How big is unit PR04?

1,921 sqft (178.5 sqm): a one-bedroom apartment on the -1th floor of a 14-storey tower completed in 2010.

What is unit PR04 worth today?

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

Selling PR04? 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 PR04, Oceana - Southern

Starts from the last sale price (AED 1.5M, 3 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →