702, 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 702, Ocean Point 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 6 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 7th of 8
- Parking
- 1
- Last sold
- AED 1.76M · May 2024
- Building
- Ocean Point 1
About 702, Ocean Point 1
702 is a one-bedroom apartment of 789 sqft on the 7th floor of Ocean Point 1, a 8-storey tower in Al Mina. The developer sold it on 6 May 2024 for AED 1,757,030, or AED 2,228 per sqft, in line with the AED 2,210 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Ocean Point 1, and where 702 sits
All 45 1-beds →702 last sold in May 2024 at AED 2,228 per sqft, in line with what one-beds in Ocean Point 1 were fetching at the time (AED 2,210).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20248 July 2024 | 972 sqft | 1,826,888 | 1,878 | ||
| 5 Jul 20245 July 2024 | 789 sqft | 1,662,888 | 2,108 | ||
| 11 Jun 202411 June 2024 | 788 sqft | 1,745,888 | 2,215 | ||
| 29 May 202429 May 2024 | 806 sqft | 1,844,888 | 2,289 |
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 7th floor
All 89 units in Ocean Point 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 806 sqft | AED 1.8MAED 1,798,190 · May 2024May 2024 | ||
| 703 | 3-bed | 1,608 sqft | AED 3.36MAED 3,355,410 · May 2024May 2024 | ||
| 704 | 2-bed | 1,273 sqft | AED 2.45MAED 2,452,830 · May 2024May 2024 | ||
| 705 | 1-bed | 806 sqft | AED 1.68MAED 1,680,590 · May 2024May 2024 | ||
| 706 | 1-bed | 789 sqft | AED 1.64MAED 1,642,370 · May 2024May 2024 | ||
| 707 | 2-bed | 1,255 sqft | AED 2.53MAED 2,534,170 · May 2024May 2024 |
702, Ocean Point 1 in numbers
- Sold once: by the developer on 6 May 2024 for AED 1,757,030, or AED 2,228 per sqft.
Source: Dubai Land Department. Updated 6 May 2024.
Questions about 702, Ocean Point 1
What did unit 702 last sell for?
AED 1,757,030 on 6 May 2024, sold by the developer: AED 2,228 per sqft for 789 sqft. It is the only registered sale of the unit.
How big is unit 702?
789 sqft (73.3 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower.
What is unit 702 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 702, Ocean Point 1
Starts from the last sale price (AED 1.76M, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,757,030
- Deposit, UAE resident (20%)
- AED 351,406
- Deposit, non-resident (40%)
- AED 702,812
- Monthly over 25 years at 3.7%
- AED 7,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →