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2-bed · 1,152 sqftOcean Cove 1, Al Mina · 3rd floor · due 2028

315, 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.

Unit 315 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 2.45M30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Ocean Cove 1

What is 315 worth today?

Last sold for AED 2,451,850 in 2024

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30 Aug 2024Sold by developerOff-plan
AED 2,451,850AED 2,128 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
3rd of 9
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.45M · August 2024
Building
Ocean Cove 1

About 315, Ocean Cove 1

315 is a two-bedroom apartment of 1,152 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 30 August 2024 for AED 2,451,850, or AED 2,128 per sqft, in line with the AED 2,109 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 315 sits

All 67 2-beds →

315 last sold in August 2024 at AED 2,128 per sqft, in line with what two-beds in Ocean Cove 1 were fetching at the time (AED 2,109).

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 3rd floor

All 152 units in Ocean Cove 1
Value
3011-bedAED 1.84M · Aug 2024
3021-bedAED 1.86M · Sep 2024
3031-bedAED 1.86M · Aug 2024
3042-bedAED 2.72M · Sep 2024
3053-bedAED 3.45M · Oct 2024
3072-bedAED 2.61M · Aug 2024
3082-bedAED 2.58M · Aug 2024
1–7 of 18

315, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 30 August 2024 for AED 2,451,850, or AED 2,128 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 315, Ocean Cove 1

What did unit 315 last sell for?

AED 2,451,850 on 30 August 2024, sold by the developer: AED 2,128 per sqft for 1,152 sqft. It is the only registered sale of the unit.

How big is unit 315?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower due for completion in 2028.

What is unit 315 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 315, Ocean Cove 1

Starts from the last sale price (AED 2.45M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,451,850
Deposit, UAE resident (20%)
AED 490,370
Deposit, non-resident (40%)
AED 980,740
Monthly over 25 years at 3.7%
AED 10,031

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