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Oceana Atlantic, Palm Jumeirah

Oceana Atlantic, Palm Jumeirah

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Strengths

Stunning waterfront views

High-end amenities

Prime location

Weakens

High maintenance fees

Limited parking space

Noise from nearby construction

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Description

Oceana Atlantic, Palm Jumeirah

Real Estate Overview

Building Overview

  • Oceana Atlantic is a premier residential development located on the iconic Palm Jumeirah, offering stunning views of the Arabian Gulf.
  • This high-end building features luxurious living spaces and is in proximity to several leisure facilities, including beach clubs and fine dining options.
  • Transportation access is conveniently available through dedicated roads and public transit options, making commuting easy.

Properties Overview

  • The building consists of a range of properties, including spacious apartments and penthouses that appeal to both renters and buyers.
  • Popular units include two and three-bedroom apartments with contemporary designs and modern finishes.
  • Rental prices typically range from AED 150,000 to AED 300,000 per year, while sales prices for units range from AED 2.5 million to AED 5 million.

Market Trends

  • Oceana Atlantic has experienced a steady increase in rental and sale prices over the past year, with a notable rise in demand for luxury properties within Palm Jumeirah.
  • The current trend indicates an ROI ranging from 6-8%, reflecting a strong investment opportunity for buyers.
  • Future expectations suggest sustained interest in luxury waterfront real estate, bolstered by ongoing development in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to top-tier supermarkets, renowned international schools, and healthcare facilities, including clinics and hospitals, within a short drive.

Transportation and Accessibility

  • Public transportation options include nearby tram and bus services, while easy access to major roads facilitates seamless connectivity to Dubai's main attractions.

Lifestyle Amenities

  • Oceana Atlantic boasts an array of lifestyle amenities such as a well-equipped fitness center, landscaped gardens, multiple swimming pools, gourmet restaurants, and wellness spas.

Builing Facilities

  • The building features high-speed elevators, a comprehensive security system, centralized air conditioning, and regular maintenance services to ensure a hassle-free living experience.

Special Services

  • Additional services include a dedicated concierge, 24-hour guest services, and a business center equipped for residents' professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Oceana Atlantic offers a variety of floor plans including one, two, and three-bedroom layouts, accommodating diverse lifestyle preferences and family needs.

Things to Consider

  • Potential residents should evaluate proximity to amenities, property size, view preferences, and budget when considering a move or investment.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Oceana Atlantic community enjoys regular social gatherings, seasonal celebrations, and wellness events that foster a vibrant living environment.

Community Identity

  • With its luxurious features and exclusive location, Oceana Atlantic stands out as a premier residential choice, attracting a sophisticated community with a penchant for luxury living and leisure.

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Detailed Buiding Insights

1. Family Friendliness

The community is designed with families in mind, featuring safe play areas and family-oriented amenities. Schools and parks are easily accessible, making it a great choice for families.

Exceptionally Welcoming

2. Living Options

Offers a range of high-end living options, including spacious apartments and villas. The variety caters to different preferences and ensures comfortable living for all.

Diverse and Luxurious

3. Safety And Security

The area has excellent security measures in place, including 24/7 surveillance and gated entries, ensuring residents feel safe within the community.

Robustly Secure

4. Transportation

Well-connected to major roadways and public transport options, making commuting easy. However, traffic during peak hours can be a concern.

Conveniently Accessible

5. Amenities And Facilities

Features a wide range of amenities, including pools, gyms, spa facilities, and beach access, enhancing the overall living experience for residents.

Extensively Equipped

6. Cost Of Living

While the cost of living is on the higher side due to the luxury offerings and prime location, residents find value in the quality of life and amenities provided.

Premium Pricing

7. Things To Do

The community boasts a variety of recreational options and entertainment venues, including beach activities, fine dining, and shopping, appealing to diverse interests.

Vibrantly Diverse

8. Noise Levels

Most areas are quiet and serene; however, some noise is expected from beach activities and local events, though it doesn't typically disturb residents.

Generally Peaceful

9. Pet Friendliness

Many residences allow pets, and there are pet-friendly parks and walking areas. However, some restrictions may apply in specific buildings within the community.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

209.7K AED - 344.5K AED

Rent:

23.3K AED - 32.5K AED

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