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2-bed · 1,220 sqftOcean Cove 1, Al Mina · 5th floor · completed 2028

506, Ocean Cove 1

Sold prices and rental history: sold twice, last in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 2.55M10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Ocean Cove 1

What is 506 worth today?

Last sold for AED 2,553,888 in 2025

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10 Jul 2025SoldOff-plan
AED 2,553,888AED 2,093 per sqft
14 Oct 2024Sold by developerOff-plan
AED 2,553,888AED 2,093 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
5th of 9
Parking
1
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 2.55M · July 2025
Building
Ocean Cove 1

About 506, Ocean Cove 1

506 is a two-bedroom apartment of 1,220 sqft on the 5th floor of Ocean Cove 1, a 9-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . It last sold on 10 July 2025 for AED 2,553,888, or AED 2,093 per sqft, in line with the AED 2,085 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 506 sits

All 67 2-beds →

506 last sold in July 2025 at AED 2,093 per sqft, in line with what two-beds in Ocean Cove 1 were fetching at the time (AED 2,085).

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20252,602,888
26 Dec 20242,887,950
12 Dec 20242,937,888
18 Oct 20242,646,888
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 5th floor

All 152 units in Ocean Cove 1
Value
5011-bedAED 1.85M · Aug 2024
5021-bedAED 1.87M · Aug 2024
5031-bedAED 1.87M · Aug 2024
5042-bedAED 2.73M · Aug 2024
5053-bedAED 3.46M · Oct 2024
5072-bedAED 2.62M · Sep 2024
5082-bedAED 2.59M · Aug 2024
1–7 of 19

506, Ocean Cove 1 in numbers

  • Sold twice: first on 14 October 2024 for AED 2,553,888, last on 10 July 2025 for AED 2,553,888 (AED 2,093 per sqft).

Source: Dubai Land Department. Updated 10 July 2025.

Questions about 506, Ocean Cove 1

What did unit 506 last sell for?

AED 2,553,888 on 10 July 2025: AED 2,093 per sqft for 1,220 sqft. The unit has 2 registered sales; the first was AED 2,553,888 in October 2024.

How big is unit 506?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2028.

What is unit 506 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 506, Ocean Cove 1

Starts from the last sale price (AED 2.55M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,553,888
Deposit, UAE resident (20%)
AED 510,778
Deposit, non-resident (40%)
AED 1,021,555
Monthly over 25 years at 3.7%
AED 10,449

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