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2-bed · 1,315 sqftOcean Cove 1, Al Mina · 5th floor · completed 2028

514, 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.

Unit 514 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 2.64M30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 514, Ocean Cove 1

What is 514 worth today?

Last sold for AED 2,636,888 in 2024

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30 Aug 2024Sold by developerOff-plan
AED 2,636,888AED 2,005 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,315 sqft
Floor
5th of 9
Parking
1
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 2.64M · August 2024
Building
Ocean Cove 1

About 514, Ocean Cove 1

514 is a two-bedroom apartment of 1,315 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 30 August 2024 for AED 2,636,888, or AED 2,005 per sqft, 5% below the AED 2,109 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 514 sits

All 67 2-beds →

514 last sold in August 2024 at AED 2,005 per sqft, 5% below what two-beds in Ocean Cove 1 were fetching at the time (AED 2,109).

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 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
5062-bedAED 2.55M · Jul 2025
5072-bedAED 2.62M · Sep 2024
1–7 of 19

514, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 30 August 2024 for AED 2,636,888, or AED 2,005 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 514, Ocean Cove 1

What did unit 514 last sell for?

AED 2,636,888 on 30 August 2024, sold by the developer: AED 2,005 per sqft for 1,315 sqft. It is the only registered sale of the unit.

How big is unit 514?

1,315 sqft (122.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2028.

What is unit 514 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 514, Ocean Cove 1

Starts from the last sale price (AED 2.64M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,636,888
Deposit, UAE resident (20%)
AED 527,378
Deposit, non-resident (40%)
AED 1,054,755
Monthly over 25 years at 3.7%
AED 10,788

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