1-bed · 844 sqftOcean Cove 1, Al Mina · 1st floor · due 2028

101, Ocean Cove 1

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 2.09M16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Ocean Cove 1

What is 101 worth today?

Last sold for AED 2,092,888 in 2024

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16 Dec 2024Sold by developerOff-plan
AED 2,092,888AED 2,478 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
1st of 9
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.09M · December 2024
Building
Ocean Cove 1

About 101, Ocean Cove 1

101 is a one-bedroom apartment of 844 sqft on the 1st floor of Ocean Cove 1, a 9-storey tower in Al Mina due for completion in 2028 by Mina Rashid Properties. The developer sold it on 16 December 2024 for AED 2,092,888, or AED 2,478 per sqft, 11% above the AED 2,236 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Ocean Cove 1
1.8M2M2024202520262027Typical sale price by year: 2024 AED 1,780,888; 2025 AED 1,876,888; 2026 AED 1,880,888Sold by developer, December 2024: AED 2,092,888 (AED 2,478 per sqft)

101 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Ocean Cove 1, and where 101 sits

All 69 1-beds →

101 last sold in December 2024 at AED 2,478 per sqft, 11% above what one-beds in Ocean Cove 1 were fetching at the time (AED 2,236). Over the last 12 months one-beds sold for AED 1,763,888 to 2,050,000, around AED 2,361 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20262,050,000
23 Jan 20261,880,888
6 Jan 20261,763,888
10 Jun 20252,218,888
3 1-bed sales in the last 12 months

Ocean Cove 1

Building

152 apartments, 1-bed to 3-bed over 9 floors in Al Mina, due for completion in 2028 by Mina Rashid Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 2,361
Typical sale
AED 1.88M
Typical rent
Few contracts
Typical yield
Ocean Cove 1, Al Mina: prices, sales and rents →

Other units on the 1st floor

All 152 units in Ocean Cove 1
Value
1021-bedAED 1.83M · Sep 2024
1031-bedAED 1.87M · Sep 2024
1042-bedAED 2.77M · Aug 2024
1053-bedAED 3.9M · Dec 2024
1062-bedAED 2.85M · Oct 2024
1072-bedAED 2.89M · Dec 2024
1082-bedAED 2.57M · Sep 2024
1–7 of 18

101, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 16 December 2024 for AED 2,092,888, or AED 2,478 per sqft.
  • One-beds in Ocean Cove 1 sold for AED 1,763,888–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,361 per sqft.

Source: Dubai Land Department. Updated 16 December 2024.

Questions about 101, Ocean Cove 1

What did unit 101 last sell for?

AED 2,092,888 on 16 December 2024, sold by the developer: AED 2,478 per sqft for 844 sqft. It is the only registered sale of the unit.

How big is unit 101?

844 sqft (78.4 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower due for completion in 2028.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Cove 1 sold for AED 1,763,888 to 2,050,000 in the last 12 months, around AED 2,361 per sqft.

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Mortgage on 101, Ocean Cove 1

Starts from the last sale price (AED 2.09M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,092,888
Deposit, UAE resident (20%)
AED 418,578
Deposit, non-resident (40%)
AED 837,155
Monthly over 25 years at 3.7%
AED 8,563

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →