504, Ocean Point 1
Sold prices and rental history: sold once, by the developer in May 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 504, Ocean Point 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 3 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 5th of 8
- Parking
- 1
- Last sold
- AED 2.49M · May 2024
- Building
- Ocean Point 1
About 504, Ocean Point 1
504 is a two-bedroom apartment of 1,273 sqft on the 5th floor of Ocean Point 1, a 8-storey tower in Al Mina. The developer sold it on 3 May 2024 for AED 2,493,888, or AED 1,958 per sqft, 5% below the AED 2,060 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
2-beds in Ocean Point 1, and where 504 sits
All 30 2-beds →504 last sold in May 2024 at AED 1,958 per sqft, 5% below what two-beds in Ocean Point 1 were fetching at the time (AED 2,060).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20242 July 2024 | 1,255 sqft | 2,890,888 | 2,303 | ||
| 17 May 202417 May 2024 | 1,261 sqft | 2,558,888 | 2,029 | ||
| 9 May 20249 May 2024 | 1,479 sqft | 2,940,888 | 1,988 | ||
| 8 May 20248 May 2024 | 1,255 sqft | 2,575,888 | 2,052 |
Ocean Point 1
Building89 apartments, 1-bed to 3-bed over 8 floors in Al Mina. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 89 units in Ocean Point 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 806 sqft | AED 1.79MAED 1,793,888 · May 2024May 2024 | ||
| 502 | 1-bed | 789 sqft | AED 1.75MAED 1,752,888 · May 2024May 2024 | ||
| 503 | 3-bed | 1,608 sqft | AED 3.35MAED 3,346,888 · May 2024May 2024 | ||
| 505 | 1-bed | 806 sqft | AED 1.71MAED 1,708,888 · May 2024May 2024 | ||
| 506 | 1-bed | 789 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 507 | 2-bed | 1,255 sqft | AED 2.58MAED 2,575,888 · May 2024May 2024 | ||
| 508 | 2-bed | 1,255 sqft | AED 2.82MAED 2,820,888 · May 2024May 2024 | ||
| 509 | 1-bed | 805 sqft | AED 1.96MAED 1,963,888 · May 2024May 2024 | ||
| 510 | 2-bed | 1,274 sqft | AED 2.87MAED 2,866,888 · May 2024May 2024 | ||
| 511 | 3-bed | 1,608 sqft | AED 3.38MAED 3,378,888 · May 2024May 2024 | ||
| 512 | 1-bed | 788 sqft | AED 1.75MAED 1,752,888 · May 2024May 2024 |
504, Ocean Point 1 in numbers
- Sold once: by the developer on 3 May 2024 for AED 2,493,888, or AED 1,958 per sqft.
Source: Dubai Land Department. Updated 3 May 2024.
Questions about 504, Ocean Point 1
What did unit 504 last sell for?
AED 2,493,888 on 3 May 2024, sold by the developer: AED 1,958 per sqft for 1,273 sqft. It is the only registered sale of the unit.
How big is unit 504?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 504? Put it on the OpenOffers board
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Mortgage on 504, Ocean Point 1
Starts from the last sale price (AED 2.49M, 3 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,493,888
- Deposit, UAE resident (20%)
- AED 498,778
- Deposit, non-resident (40%)
- AED 997,555
- Monthly over 25 years at 3.7%
- AED 10,203
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →