Home
Dubai prices
About
Research
2-bed · 1,308 sqftOcean Cove 1, Al Mina · 4th floor · completed 2028

418, 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 418 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 2.61M3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 418

Property timeline for 418, Ocean Cove 1

What is 418 worth today?

Last sold for AED 2,613,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Sep 2024Sold by developerOff-plan
AED 2,613,888AED 1,998 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
4th of 9
Parking
1
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 2.61M · September 2024
Building
Ocean Cove 1

About 418, Ocean Cove 1

418 is a two-bedroom apartment of 1,308 sqft on the 4th floor of Ocean Cove 1, a 9-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 3 September 2024 for AED 2,613,888, or AED 1,998 per sqft, 4% below the AED 2,073 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Ocean Cove 1, and where 418 sits

All 67 2-beds →

418 last sold in September 2024 at AED 1,998 per sqft, 4% below what two-beds in Ocean Cove 1 were fetching at the time (AED 2,073).

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20252,553,888
9 Jun 20252,602,888
26 Dec 20242,887,950
12 Dec 20242,937,888
0 2-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 4th floor

All 152 units in Ocean Cove 1
Value
4011-bedAED 1.85M · Oct 2026
4021-bedAED 1.86M · Sep 2024
4031-bedAED 1.86M · Sep 2024
4042-bedAED 2.73M · Aug 2024
4053-bedAED 3.46M · Sep 2024
4062-bedAED 2.55M · Sep 2024
4072-bedAED 2.61M · Aug 2024
1–7 of 19

418, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 3 September 2024 for AED 2,613,888, or AED 1,998 per sqft.

Source: Dubai Land Department. Updated 3 September 2024.

Questions about 418, Ocean Cove 1

What did unit 418 last sell for?

AED 2,613,888 on 3 September 2024, sold by the developer: AED 1,998 per sqft for 1,308 sqft. It is the only registered sale of the unit.

How big is unit 418?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2028.

What is unit 418 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 418? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 418, Ocean Cove 1

Starts from the last sale price (AED 2.61M, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,613,888
Deposit, UAE resident (20%)
AED 522,778
Deposit, non-resident (40%)
AED 1,045,555
Monthly over 25 years at 3.7%
AED 10,694

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