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2-bed · 1,220 sqftOcean Cove 1, Al Mina · 1st floor · due 2028

106, Ocean Cove 1

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

Unit 106 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.85M10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 106, Ocean Cove 1

What is 106 worth today?

Last sold for AED 2,852,888 in 2024

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10 Oct 2024Sold by developerOff-plan
AED 2,852,888AED 2,338 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
1st of 9
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.85M · October 2024
Building
Ocean Cove 1

About 106, Ocean Cove 1

106 is a two-bedroom apartment of 1,220 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 10 October 2024 for AED 2,852,888, or AED 2,338 per sqft, 13% above the AED 2,069 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Ocean Cove 1, and where 106 sits

All 67 2-beds →

106 last sold in October 2024 at AED 2,338 per sqft, 13% above what two-beds in Ocean Cove 1 were fetching at the time (AED 2,069).

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20252,553,888
9 Jun 20252,602,888
26 Dec 20242,887,950
12 Dec 20242,937,888
0 2-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
1011-bedAED 2.09M · Dec 2024
1021-bedAED 1.83M · Sep 2024
1031-bedAED 1.87M · Sep 2024
1042-bedAED 2.77M · Aug 2024
1053-bedAED 3.9M · Dec 2024
1072-bedAED 2.89M · Dec 2024
1082-bedAED 2.57M · Sep 2024
1–7 of 18

106, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 10 October 2024 for AED 2,852,888, or AED 2,338 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 106, Ocean Cove 1

What did unit 106 last sell for?

AED 2,852,888 on 10 October 2024, sold by the developer: AED 2,338 per sqft for 1,220 sqft. It is the only registered sale of the unit.

How big is unit 106?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower due for completion in 2028.

What is unit 106 worth today?

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

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Mortgage on 106, Ocean Cove 1

Starts from the last sale price (AED 2.85M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,852,888
Deposit, UAE resident (20%)
AED 570,578
Deposit, non-resident (40%)
AED 1,141,155
Monthly over 25 years at 3.7%
AED 11,672

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