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2-bed · 1,220 sqftOcean Cove 1, Al Mina · 4th floor · due 2028

406, 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 406 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 2.55M13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Ocean Cove 1

What is 406 worth today?

Last sold for AED 2,548,888 in 2024

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13 Sep 2024Sold by developerOff-plan
AED 2,548,888AED 2,089 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
4th of 9
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.55M · September 2024
Building
Ocean Cove 1

About 406, Ocean Cove 1

406 is a two-bedroom apartment of 1,220 sqft on the 4th 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 13 September 2024 for AED 2,548,888, or AED 2,089 per sqft, in line with the AED 2,067 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 406 sits

All 67 2-beds →

406 last sold in September 2024 at AED 2,089 per sqft, in line with what two-beds in Ocean Cove 1 were fetching at the time (AED 2,067).

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 4th floor

All 152 units in Ocean Cove 1
Value
4011-bedAED 1.85M · Sep 2024
4021-bedAED 1.86M · Sep 2024
4031-bedAED 1.86M · Sep 2024
4042-bedAED 2.73M · Aug 2024
4053-bedAED 3.46M · Sep 2024
4072-bedAED 2.61M · Aug 2024
4082-bedAED 2.59M · Oct 2024
1–7 of 19

406, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 13 September 2024 for AED 2,548,888, or AED 2,089 per sqft.

Source: Dubai Land Department. Updated 13 September 2024.

Questions about 406, Ocean Cove 1

What did unit 406 last sell for?

AED 2,548,888 on 13 September 2024, sold by the developer: AED 2,089 per sqft for 1,220 sqft. It is the only registered sale of the unit.

How big is unit 406?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower due for completion in 2028.

What is unit 406 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 406, Ocean Cove 1

Starts from the last sale price (AED 2.55M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,548,888
Deposit, UAE resident (20%)
AED 509,778
Deposit, non-resident (40%)
AED 1,019,555
Monthly over 25 years at 3.7%
AED 10,428

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