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3-bed · 1,657 sqftOcean Cove 1, Al Mina · 7th floor · completed 2028

720, 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 720 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 3.61M4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 720, Ocean Cove 1

What is 720 worth today?

Last sold for AED 3,612,888 in 2024

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4 Sep 2024Sold by developerOff-plan
AED 3,612,888AED 2,179 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
3-bed apartment
Size
1,657 sqft
Floor
7th of 9
Parking
2
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 3.61M · September 2024
Building
Ocean Cove 1

About 720, Ocean Cove 1

720 is a three-bedroom apartment of 1,657 sqft on the 7th 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 3,612,888, or AED 2,179 per sqft, 10% above the AED 1,987 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Ocean Cove 1, and where 720 sits

All 16 3-beds →

720 last sold in September 2024 at AED 2,179 per sqft, 10% above what three-beds in Ocean Cove 1 were fetching at the time (AED 1,987).

Recent 3-bed salesUnit no.Price (AED)Summary
9 Dec 20243,899,888
25 Nov 20243,482,888
22 Oct 20243,449,888
14 Oct 20243,462,888
0 3-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 7th floor

All 152 units in Ocean Cove 1
Value
7011-bedAED 1.86M · Oct 2024
7021-bedAED 1.87M · Sep 2024
7031-bedAED 2.22M · Jun 2025
7042-bedAED 2.74M · Aug 2024
7053-bedAED 3.48M · Sep 2024
7062-bedAED 2.56M · Sep 2024
7072-bedAED 2.63M · Aug 2024
1–7 of 19

720, Ocean Cove 1 in numbers

  • Sold once: by Mina Rashid Properties on 4 September 2024 for AED 3,612,888, or AED 2,179 per sqft.

Source: Dubai Land Department. Updated 4 September 2024.

Questions about 720, Ocean Cove 1

What did unit 720 last sell for?

AED 3,612,888 on 4 September 2024, sold by the developer: AED 2,179 per sqft for 1,657 sqft. It is the only registered sale of the unit.

How big is unit 720?

1,657 sqft (153.9 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2028.

What is unit 720 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 720, Ocean Cove 1

Starts from the last sale price (AED 3.61M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,612,888
Deposit, UAE resident (20%)
AED 722,578
Deposit, non-resident (40%)
AED 1,445,155
Monthly over 25 years at 3.7%
AED 14,781

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