1-bed · 796 sqftOcean Cove 1, Al Mina · 5th floor · completed 2028

512, Ocean Cove 1

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

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Unit 512 · DLD and Ejari recordsUpdated 8 August 2024

Last soldAED 1.78M8 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 512, Ocean Cove 1

Today

What is 512 worth today?

Last sold for AED 1,776,888 in 2024

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8 Aug 2024

8 Aug 2024Sold by developerOff-plan

AED 1,776,888AED 2,232 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type: 1-bed apartment
Size: 796 sqft
Floor: 5th of 9
Parking: 1
Developer: Mina Rashid Properties
Completed: 2028
Last sold: AED 1.78M · August 2024
Building: Ocean Cove 1

About 512, Ocean Cove 1

512 is a one-bedroom apartment of 796 sqft on the 5th floor of Ocean Cove 1, a 9-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 8 August 2024 for AED 1,776,888, or AED 2,232 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales

Unit 512, each saleTypical one-bed in Ocean Cove 1

512 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 512 sits

All 69 1-beds →

1-beds in Ocean Cove 1 · last 12 months2,266 /sqft Ocean Cove 1 · all types2,266 /sqft

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 sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	805 sqft	1,848,888	2,296
19 Aug 202619 August 2026	797 sqft	1,780,888	2,235
24 Jul 202624 July 2026	797 sqft	1,766,888	2,218
16 Feb 202616 February 2026	796 sqft	2,050,000	2,574

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 5th floor

All 152 units in Ocean Cove 1


501	1-bed	805 sqft	AED 1.85MAED 1,851,888 · Aug 2024August 2024
502	1-bed	796 sqft	AED 1.87MAED 1,865,888 · Aug 2024August 2024
503	1-bed	796 sqft	AED 1.87MAED 1,865,888 · Aug 2024August 2024
504	2-bed	1,285 sqft	AED 2.73MAED 2,731,888 · Aug 2024August 2024
505	3-bed	1,739 sqft	AED 3.46MAED 3,462,888 · Oct 2024October 2024
506	2-bed	1,220 sqft	AED 2.55MAED 2,553,888 · Jul 2025July 2025
507	2-bed	1,308 sqft	AED 2.62MAED 2,618,888 · Sep 2024September 2024
508	2-bed	1,248 sqft	AED 2.59MAED 2,592,888 · Aug 2024August 2024
509	1-bed	796 sqft	AED 1.78MAED 1,777,888 · Aug 2024August 2024
510	1-bed	796 sqft	AED 1.78MAED 1,777,888 · Sep 2024September 2024
511	1-bed	797 sqft	AED 1.78MAED 1,777,888 · Aug 2024August 2024
513	1-bed	796 sqft	AED 1.78MAED 1,777,888 · Aug 2024August 2024
514	2-bed	1,315 sqft	AED 2.64MAED 2,636,888 · Aug 2024August 2024
515	2-bed	1,152 sqft	AED 2.51MAED 2,511,888 · Aug 2024August 2024
516	1-bed	796 sqft	AED 1.74MAED 1,742,330 · Oct 2024October 2024
517	2-bed	1,152 sqft	AED 2.51MAED 2,511,888 · Aug 2024August 2024
518	2-bed	1,308 sqft	AED 2.62MAED 2,618,888 · Sep 2024September 2024
519	2-bed	1,357 sqft	AED 2.65MAED 2,654,888 · Aug 2024August 2024
520	3-bed	1,657 sqft	AED 3.6MAED 3,598,888 · Sep 2024September 2024

1–7 of 19

512, Ocean Cove 1 in numbers

Sold once: by Mina Rashid Properties on 8 August 2024 for AED 1,776,888, or AED 2,232 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 8 August 2024.

Questions about 512, Ocean Cove 1

What did unit 512 last sell for?

AED 1,776,888 on 8 August 2024, sold by the developer: AED 2,232 per sqft for 796 sqft. It is the only registered sale of the unit.

How big is unit 512?

796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2028.

What is unit 512 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 512, Ocean Cove 1

Starts from the last sale price (AED 1.78M, 8 August 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,776,888
Deposit, UAE resident (20%): AED 355,378
Deposit, non-resident (40%): AED 710,755
Monthly over 25 years at 3.7%: AED 7,270

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