704, 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 704, Ocean Point 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 6 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 7th of 8
- Parking
- 1
- Last sold
- AED 2.45M · May 2024
- Building
- Ocean Point 1
About 704, Ocean Point 1
704 is a two-bedroom apartment of 1,273 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 2,452,830, or AED 1,926 per sqft, 6% below the AED 2,056 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 704 sits
All 30 2-beds →704 last sold in May 2024 at AED 1,926 per sqft, 6% below what two-beds in Ocean Point 1 were fetching at the time (AED 2,056).
| 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 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 | ||
| 702 | 1-bed | 789 sqft | AED 1.76MAED 1,757,030 · May 2024May 2024 | ||
| 703 | 3-bed | 1,608 sqft | AED 3.36MAED 3,355,410 · 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 |
704, Ocean Point 1 in numbers
- Sold once: by the developer on 6 May 2024 for AED 2,452,830, or AED 1,926 per sqft.
Source: Dubai Land Department. Updated 6 May 2024.
Questions about 704, Ocean Point 1
What did unit 704 last sell for?
AED 2,452,830 on 6 May 2024, sold by the developer: AED 1,926 per sqft for 1,273 sqft. It is the only registered sale of the unit.
How big is unit 704?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower.
What is unit 704 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 704, Ocean Point 1
Starts from the last sale price (AED 2.45M, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,452,830
- Deposit, UAE resident (20%)
- AED 490,566
- Deposit, non-resident (40%)
- AED 981,132
- Monthly over 25 years at 3.7%
- AED 10,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →