1-bed · 797 sqftOcean Cove 1, Al Mina · 3rd floor · completed 2028

311, Ocean Cove 1

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

Unit 311 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 1.77M4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Ocean Cove 1

What is 311 worth today?

Last sold for AED 1,770,888 in 2024

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4 Sep 2024Sold by developerOff-plan
AED 1,770,888AED 2,223 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
3rd of 9
Parking
1
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 1.77M · September 2024
Building
Ocean Cove 1

About 311, Ocean Cove 1

311 is a one-bedroom apartment of 797 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 4 September 2024 for AED 1,770,888, or AED 2,223 per sqft, in line with the AED 2,236 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Ocean Cove 1
1.8M1.85M2024202520262027Typical sale price by year: 2024 AED 1,780,888; 2025 AED 1,876,888; 2026 AED 1,814,888Sold by developer, September 2024: AED 1,770,888 (AED 2,223 per sqft)

311 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Ocean Cove 1, and where 311 sits

All 69 1-beds →

311 last sold in September 2024 at AED 2,223 per sqft, in line with what one-beds in Ocean Cove 1 were fetching at the time (AED 2,236). Over the last 12 months one-beds sold for AED 1,763,888 to 2,050,000, around AED 2,266 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,848,888
19 Aug 20261,780,888
24 Jul 20261,766,888
16 Feb 20262,050,000
6 1-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
3053-bedAED 3.45M · Oct 2024
3072-bedAED 2.61M · Aug 2024
3082-bedAED 2.58M · Aug 2024
1–7 of 18

311, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 4 September 2024 for AED 1,770,888, or AED 2,223 per sqft.
  • One-beds in Ocean Cove 1 sold for AED 1,763,888–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,266 per sqft.

Source: Dubai Land Department. Updated 4 September 2024.

Questions about 311, Ocean Cove 1

What did unit 311 last sell for?

AED 1,770,888 on 4 September 2024, sold by the developer: AED 2,223 per sqft for 797 sqft. It is the only registered sale of the unit.

How big is unit 311?

797 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2028.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Cove 1 sold for AED 1,763,888 to 2,050,000 in the last 12 months, around AED 2,266 per sqft.

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Mortgage on 311, Ocean Cove 1

Starts from the last sale price (AED 1.77M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,888
Deposit, UAE resident (20%)
AED 354,178
Deposit, non-resident (40%)
AED 708,355
Monthly over 25 years at 3.7%
AED 7,245

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