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2-bed · 1,152 sqftOcean Cove 2, Al Mina · 5th floor · due 2028

502, Ocean Cove 2

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 502 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 2.63M27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Ocean Cove 2

What is 502 worth today?

Last sold for AED 2,634,888 in 2024

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27 Aug 2024Sold by developerOff-plan
AED 2,634,888AED 2,286 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
5th of 7
Parking
1
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 2.63M · August 2024
Building
Ocean Cove 2

About 502, Ocean Cove 2

502 is a two-bedroom apartment of 1,152 sqft on the 5th floor of Ocean Cove 2, a 7-storey tower in Al Mina due for completion in 2028 by Mina Rashid Properties. The developer sold it on 27 August 2024 for AED 2,634,888, or AED 2,286 per sqft, in line with the AED 2,275 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 2, and where 502 sits

All 36 2-beds →

502 last sold in August 2024 at AED 2,286 per sqft, in line with what two-beds in Ocean Cove 2 were fetching at the time (AED 2,275).

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20253,043,888
6 Jan 20252,639,888
22 Nov 20242,944,888
7 Nov 20242,800,888
0 2-bed sales in the last 12 months

Ocean Cove 2

Building

79 apartments, 1-bed to 3-bed over 7 floors in Al Mina, due for completion in 2028 by Mina Rashid Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Ocean Cove 2, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 79 units in Ocean Cove 2
Value
5011-bedAED 1.8M · Aug 2024
5033-bedAED 3.58M · Oct 2024
5042-bedAED 2.94M · Nov 2024
5051-bedAED 1.8M · Aug 2024
5061-bedAED 1.78M · Aug 2024
5072-bedAED 2.62M · Sep 2024
5082-bedAED 2.59M · Sep 2024
1–7 of 12

502, Ocean Cove 2 in numbers

  • Sold once: by Mina Rashid Properties on 27 August 2024 for AED 2,634,888, or AED 2,286 per sqft.

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 502, Ocean Cove 2

What did unit 502 last sell for?

AED 2,634,888 on 27 August 2024, sold by the developer: AED 2,286 per sqft for 1,152 sqft. It is the only registered sale of the unit.

How big is unit 502?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower due for completion in 2028.

What is unit 502 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 502, Ocean Cove 2

Starts from the last sale price (AED 2.63M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,634,888
Deposit, UAE resident (20%)
AED 526,978
Deposit, non-resident (40%)
AED 1,053,955
Monthly over 25 years at 3.7%
AED 10,780

Plus AED 115,676 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →