Home
Dubai prices
About
Research
3-bed · 1,649 sqftOcean Cove 2, Al Mina · 5th floor · due 2028

503, Ocean Cove 2

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 3.58M15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 503

Property timeline for 503, Ocean Cove 2

What is 503 worth today?

Last sold for AED 3,577,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2024Sold by developerOff-plan
AED 3,577,888AED 2,170 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,649 sqft
Floor
5th of 7
Parking
2
Developer
Mina Rashid Properties
Completion due
2028
Last sold
AED 3.58M · October 2024
Building
Ocean Cove 2

About 503, Ocean Cove 2

503 is a three-bedroom apartment of 1,649 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 15 October 2024 for AED 3,577,888, or AED 2,170 per sqft, in line with the AED 2,110 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Ocean Cove 2, and where 503 sits

All 12 3-beds →

503 last sold in October 2024 at AED 2,170 per sqft, in line with what three-beds in Ocean Cove 2 were fetching at the time (AED 2,110).

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jun 20254,303,888
22 Nov 20243,981,741
22 Nov 20244,003,888
22 Nov 20244,012,888
0 3-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
5022-bedAED 2.63M · Aug 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

503, Ocean Cove 2 in numbers

  • Sold once: by Mina Rashid Properties on 15 October 2024 for AED 3,577,888, or AED 2,170 per sqft.

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 503, Ocean Cove 2

What did unit 503 last sell for?

AED 3,577,888 on 15 October 2024, sold by the developer: AED 2,170 per sqft for 1,649 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,649 sqft (153.2 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower due for completion in 2028.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Ocean Cove 2

Starts from the last sale price (AED 3.58M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,577,888
Deposit, UAE resident (20%)
AED 715,578
Deposit, non-resident (40%)
AED 1,431,155
Monthly over 25 years at 3.7%
AED 14,638

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