Oceana Residences - Sold Prices - Market Trends
Sold Prices and Market Trends for Oceana Residences.
Author: Gareth Davies - Award-Winning British Property Consultant
The Oceana Residences average Sold Prices have experienced 11.5% growth during the past twelve months with most if that growth during the past six months.
Sale Price Movements (AED/sq.ft).
Past 12 months:
Oceana Residences: 11,5% growth.
Palm Jumeirah: 13.8% growth.
Past 6 months:
Oceana Residences: 7.1% growth.
Palm Jumeirah: 7.4% growth.
Buyer Demand is mainly from buyers who want to purchase apartments and occupy them. Vacant on transfer apartments can achieve from 5% to 15% more than identical leased apartments with tenants occupying.
Graph: Palm Jumeirah : Sold Price Growth (AED/sq.ft)
Source: Property Monitor
Graph: Oceana Residences : Sold Price Growth
Source: PropertyMonitor.ae
The number of Sold apartments at Oceana during 2025 has been less than during 2023 and 2024. This has not been as a result of a decrease in the number of buyers. Generally, it is caused by a lack of vacant apartments (or vacant on transfer) being available to the majority of buyers who are potential end-users / owner-occupiers.
Sold Prices at Oceana Residences
Hotel Studios at Dukes Oceana.
Source: Property Monitor
Apartments at Oceana Residences.
Source: Propertymonitor.ae
Source: PropertyMonitor.ae
Market key points:
There are a lot of Buyers requiring vacant apartments to purchase and occupy themselves but there are only a few available in any month. These potential owner-occupiers will often pay from 5% to 15% more for a vacant on transfer (VOT) apartment than a leased apartment with a tenant occupying,
Most of the Investor-Buyers are being attracted by the off-plan market where developers are offering very attractive payment plans including post-handover payments.
European buyers are generally attracted to white of light-coloured kitchen cabinets, living rooms with plenty of daylight and bathrooms which have good lighting (such as LED recessed ceiling lights).
To know more about the current market, the selling & renting figure of your properties, please contact us via the form below or click the WhatsApp logo.
Ready to Find Your Dream Property in Dubai?
Get Expert Guidance & Personalized Investment Advice
Connect with me directly on WhatsApp for:
