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2-bed · 1,417 sqftOcean Cove 1, Al Mina · 1st floor · due 2028

119, 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.

Unit 119 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 2.66M5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Ocean Cove 1

What is 119 worth today?

Last sold for AED 2,662,888 in 2024

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5 Sep 2024Sold by developerOff-plan
AED 2,662,888AED 1,879 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
1st of 9
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.66M · September 2024
Building
Ocean Cove 1

About 119, Ocean Cove 1

119 is a two-bedroom apartment of 1,417 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 5 September 2024 for AED 2,662,888, or AED 1,879 per sqft, 8% below the AED 2,044 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 119 sits

All 67 2-beds →

119 last sold in September 2024 at AED 1,879 per sqft, 8% below what two-beds in Ocean Cove 1 were fetching at the time (AED 2,044).

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
1062-bedAED 2.85M · Oct 2024
1072-bedAED 2.89M · Dec 2024
1–7 of 18

119, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 5 September 2024 for AED 2,662,888, or AED 1,879 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 119, Ocean Cove 1

What did unit 119 last sell for?

AED 2,662,888 on 5 September 2024, sold by the developer: AED 1,879 per sqft for 1,417 sqft. It is the only registered sale of the unit.

How big is unit 119?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower due for completion in 2028.

What is unit 119 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 119, Ocean Cove 1

Starts from the last sale price (AED 2.66M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,662,888
Deposit, UAE resident (20%)
AED 532,578
Deposit, non-resident (40%)
AED 1,065,155
Monthly over 25 years at 3.7%
AED 10,895

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