116, Ocean Cove 1
Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Ocean Cove 1
What is 116 worth today?
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Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 836 sqft
- Floor
- 1st of 9
- Parking
- 1
- Developer
- Mina Rashid Properties
- Completed
- 2028
- Last sold
- AED 1.78M · September 2024
- Building
- Ocean Cove 1
About 116, Ocean Cove 1
116 is a one-bedroom apartment of 836 sqft on the 1st floor of Ocean Cove 1, a 9-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 27 September 2024 for AED 1,782,888, or AED 2,133 per sqft, 5% below 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 116 over time
116 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 116 sits
All 69 1-beds →116 last sold in September 2024 at AED 2,133 per sqft, 5% below 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 796 sqft | 2,050,000 | 2,574 | ||
| 23 Jan 202623 January 2026 | 796 sqft | 1,880,888 | 2,361 | ||
| 6 Jan 20266 January 2026 | 796 sqft | 1,763,888 | 2,215 | ||
| 10 Jun 202510 June 2025 | 796 sqft | 2,218,888 | 2,786 |
Ocean Cove 1
Building152 apartments, 1-bed to 3-bed over 9 floors in Al Mina, completed 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
Other units on the 1st floor
All 152 units in Ocean Cove 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 844 sqft | AED 2.09MAED 2,092,888 · Dec 2024December 2024 | ||
| 102 | 1-bed | 836 sqft | AED 1.83MAED 1,834,450 · Sep 2024September 2024 | ||
| 103 | 1-bed | 836 sqft | AED 1.87MAED 1,871,888 · Sep 2024September 2024 | ||
| 104 | 2-bed | 1,402 sqft | AED 2.77MAED 2,766,888 · Aug 2024August 2024 | ||
| 105 | 3-bed | 1,798 sqft | AED 3.9MAED 3,899,888 · Dec 2024December 2024 | ||
| 106 | 2-bed | 1,220 sqft | AED 2.85MAED 2,852,888 · Oct 2024October 2024 | ||
| 107 | 2-bed | 1,315 sqft | AED 2.89MAED 2,887,950 · Dec 2024December 2024 | ||
| 108 | 2-bed | 1,248 sqft | AED 2.57MAED 2,572,888 · Sep 2024September 2024 | ||
| 109 | 1-bed | 796 sqft | AED 1.76MAED 1,763,888 · Sep 2024September 2024 | ||
| 110 | 1-bed | 796 sqft | AED 1.76MAED 1,763,888 · Jan 2026January 2026 | ||
| 111 | 1-bed | 796 sqft | AED 1.76MAED 1,763,888 · Oct 2024October 2024 | ||
| 112 | 1-bed | 796 sqft | AED 1.76MAED 1,763,888 · Oct 2024October 2024 | ||
| 113 | 1-bed | 796 sqft | AED 1.76MAED 1,763,888 · Sep 2024September 2024 | ||
| 114 | 2-bed | 1,315 sqft | AED 2.75MAED 2,748,888 · Oct 2024October 2024 | ||
| 115 | 2-bed | 1,192 sqft | AED 2.64MAED 2,636,888 · Oct 2024October 2024 | ||
| 117 | 2-bed | 1,193 sqft | AED 2.51MAED 2,510,888 · Oct 2024October 2024 | ||
| 119 | 2-bed | 1,417 sqft | AED 2.66MAED 2,662,888 · Sep 2024September 2024 | ||
| 120 | 3-bed | 1,774 sqft | AED 3.63MAED 3,625,888 · Oct 2024October 2024 |
116, Ocean Cove 1 in numbers
- Sold once: by Mina Rashid Properties on 27 September 2024 for AED 1,782,888, or AED 2,133 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 27 September 2024.
Questions about 116, Ocean Cove 1
What did unit 116 last sell for?
AED 1,782,888 on 27 September 2024, sold by the developer: AED 2,133 per sqft for 836 sqft. It is the only registered sale of the unit.
How big is unit 116?
836 sqft (77.7 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2028.
What is unit 116 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.
Selling 116? Put it on the OpenOffers board
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Mortgage on 116, Ocean Cove 1
Starts from the last sale price (AED 1.78M, 27 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,782,888
- Deposit, UAE resident (20%)
- AED 356,578
- Deposit, non-resident (40%)
- AED 713,155
- Monthly over 25 years at 3.7%
- AED 7,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →