
309, Ocean Cove 1
Sold prices and rental history: sold once, by the developer in August 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 309, Ocean Cove 1
What is 309 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 3rd of 9
- Parking
- 1
- Developer
- Mina Rashid Properties
- Completion due
- 2028
- Last sold
- AED 1.77M · August 2024
- Building
- Ocean Cove 1
About 309, Ocean Cove 1
309 is a one-bedroom apartment of 796 sqft on the 3rd 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 26 August 2024 for AED 1,770,888, or AED 2,223 per sqft, in line with the AED 2,232 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 309 over time
309 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 309 sits
All 69 1-beds →309 last sold in August 2024 at AED 2,223 per sqft, in line with what one-beds in Ocean Cove 1 were fetching at the time (AED 2,232). 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, 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
Other units on the 3rd floor
All 152 units in Ocean Cove 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 805 sqft | AED 1.84MAED 1,844,888 · Aug 2024August 2024 | ||
| 302 | 1-bed | 796 sqft | AED 1.86MAED 1,858,888 · Sep 2024September 2024 | ||
| 303 | 1-bed | 796 sqft | AED 1.86MAED 1,858,888 · Aug 2024August 2024 | ||
| 304 | 2-bed | 1,285 sqft | AED 2.72MAED 2,720,888 · Sep 2024September 2024 | ||
| 305 | 3-bed | 1,739 sqft | AED 3.45MAED 3,449,888 · Oct 2024October 2024 | ||
| 307 | 2-bed | 1,308 sqft | AED 2.61MAED 2,608,888 · Aug 2024August 2024 | ||
| 308 | 2-bed | 1,248 sqft | AED 2.58MAED 2,582,888 · Aug 2024August 2024 | ||
| 310 | 1-bed | 796 sqft | AED 1.77MAED 1,770,888 · Aug 2024August 2024 | ||
| 311 | 1-bed | 797 sqft | AED 1.77MAED 1,770,888 · Sep 2024September 2024 | ||
| 312 | 1-bed | 796 sqft | AED 1.77MAED 1,770,888 · Sep 2024September 2024 | ||
| 313 | 1-bed | 796 sqft | AED 1.77MAED 1,770,888 · Sep 2024September 2024 | ||
| 314 | 2-bed | 1,315 sqft | AED 2.63MAED 2,625,888 · Sep 2024September 2024 | ||
| 315 | 2-bed | 1,152 sqft | AED 2.45MAED 2,451,850 · Aug 2024August 2024 | ||
| 316 | 1-bed | 796 sqft | AED 1.77MAED 1,770,888 · Sep 2024September 2024 | ||
| 317 | 2-bed | 1,152 sqft | AED 2.45MAED 2,451,850 · Aug 2024August 2024 | ||
| 318 | 2-bed | 1,308 sqft | AED 2.94MAED 2,937,888 · Dec 2024December 2024 | ||
| 319 | 2-bed | 1,357 sqft | AED 2.64MAED 2,644,888 · Sep 2024September 2024 | ||
| 320 | 3-bed | 1,657 sqft | AED 3.58MAED 3,584,888 · Sep 2024September 2024 |
309, Ocean Cove 1 in numbers
- Sold once: by Mina Rashid Properties on 26 August 2024 for AED 1,770,888, or AED 2,223 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 26 August 2024.
Questions about 309, Ocean Cove 1
What did unit 309 last sell for?
AED 1,770,888 on 26 August 2024, sold by the developer: AED 2,223 per sqft for 796 sqft. It is the only registered sale of the unit.
How big is unit 309?
796 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower due for completion in 2028.
What is unit 309 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 309, Ocean Cove 1
Starts from the last sale price (AED 1.77M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,770,888
- Deposit, UAE resident (20%)
- AED 354,178
- Deposit, non-resident (40%)
- AED 708,355
- Monthly over 25 years at 3.7%
- AED 7,245
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →