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3-bed · 1,739 sqftOcean Cove 1, Al Mina · 3rd floor · completed 2028

305, Ocean Cove 1

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 305 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 3.45M22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Ocean Cove 1

What is 305 worth today?

Last sold for AED 3,449,888 in 2024

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22 Oct 2024Sold by developerOff-plan
AED 3,449,888AED 1,983 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
3-bed apartment
Size
1,739 sqft
Floor
3rd of 9
Parking
2
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 3.45M · October 2024
Building
Ocean Cove 1

About 305, Ocean Cove 1

305 is a three-bedroom apartment of 1,739 sqft on the 3rd floor of Ocean Cove 1, a 9-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 22 October 2024 for AED 3,449,888, or AED 1,983 per sqft, in line with the AED 2,025 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 1, and where 305 sits

All 16 3-beds →

305 last sold in October 2024 at AED 1,983 per sqft, in line with what three-beds in Ocean Cove 1 were fetching at the time (AED 2,025).

Recent 3-bed salesUnit no.Price (AED)Summary
9 Dec 20243,899,888
25 Nov 20243,482,888
14 Oct 20243,462,888
7 Oct 20243,577,888
0 3-bed sales in the last 12 months

Ocean Cove 1

Building

152 apartments, 1-bed to 3-bed over 9 floors in Al Mina, completed in 2028 by Mina Rashid Properties . 6 sold in the last 12 months.

Typical price per sqft
AED 2,266
Typical sale
AED 1.81M
Typical rent
Few contracts
Typical yield
Ocean Cove 1, Al Mina: prices, sales and rents →

Other units on the 3rd floor

All 152 units in Ocean Cove 1
Value
3011-bedAED 1.84M · Aug 2024
3021-bedAED 1.86M · Sep 2024
3031-bedAED 1.86M · Aug 2024
3042-bedAED 2.72M · Sep 2024
3072-bedAED 2.61M · Aug 2024
3082-bedAED 2.58M · Aug 2024
3091-bedAED 1.77M · Aug 2024
1–7 of 18

305, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 22 October 2024 for AED 3,449,888, or AED 1,983 per sqft.

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 305, Ocean Cove 1

What did unit 305 last sell for?

AED 3,449,888 on 22 October 2024, sold by the developer: AED 1,983 per sqft for 1,739 sqft. It is the only registered sale of the unit.

How big is unit 305?

1,739 sqft (161.6 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2028.

What is unit 305 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 305, Ocean Cove 1

Starts from the last sale price (AED 3.45M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,449,888
Deposit, UAE resident (20%)
AED 689,978
Deposit, non-resident (40%)
AED 1,379,955
Monthly over 25 years at 3.7%
AED 14,115

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