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2-bed · 1,248 sqftOcean Cove 2, Al Mina · 3rd floor · completed 2028

308, Ocean Cove 2

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

Unit 308 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 2.71M22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Ocean Cove 2

What is 308 worth today?

Last sold for AED 2,713,888 in 2024

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22 Oct 2024Sold by developerOff-plan
AED 2,713,888AED 2,174 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
2-bed apartment
Size
1,248 sqft
Floor
3rd of 7
Parking
1
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 2.71M · October 2024
Building
Ocean Cove 2

About 308, Ocean Cove 2

308 is a two-bedroom apartment of 1,248 sqft on the 3rd floor of Ocean Cove 2, a 7-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 22 October 2024 for AED 2,713,888, or AED 2,174 per sqft, 6% above the AED 2,053 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 2, and where 308 sits

All 36 2-beds →

308 last sold in October 2024 at AED 2,174 per sqft, 6% above what two-beds in Ocean Cove 2 were fetching at the time (AED 2,053). Over the last 12 months two-beds sold for AED 2,800,000, around AED 2,139 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20262,800,000
8 Jul 20253,043,888
6 Jan 20252,639,888
22 Nov 20242,944,888
1 2-bed sale in the last 12 months

Ocean Cove 2

Building

79 apartments, 1-bed to 3-bed over 7 floors in Al Mina, completed in 2028 by Mina Rashid Properties . 2 sold in the last 12 months.

Typical price per sqft
AED 2,184
Typical sale
AED 2.3M
Typical rent
Few contracts
Typical yield
Ocean Cove 2, Al Mina: prices, sales and rents →

Other units on the 3rd floor

All 79 units in Ocean Cove 2
Value
3011-bedAED 1.76M · Sep 2024
3022-bedAED 2.62M · Aug 2024
3033-bedAED 4.01M · Nov 2024
3042-bedAED 2.6M · Aug 2024
3051-bedAED 1.79M · Sep 2024
3061-bedAED 1.77M · Oct 2024
3072-bedAED 2.61M · Oct 2024
1–7 of 12

308, Ocean Cove 2 in numbers

  • Sold once: by Mina Rashid Properties on 22 October 2024 for AED 2,713,888, or AED 2,174 per sqft.
  • Two-beds in Ocean Cove 2 sold for AED 2,800,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,184 per sqft.

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 308, Ocean Cove 2

What did unit 308 last sell for?

AED 2,713,888 on 22 October 2024, sold by the developer: AED 2,174 per sqft for 1,248 sqft. It is the only registered sale of the unit.

How big is unit 308?

1,248 sqft (115.9 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2028.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Cove 2 sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,139 per sqft.

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Mortgage on 308, Ocean Cove 2

Starts from the last sale price (AED 2.71M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,713,888
Deposit, UAE resident (20%)
AED 542,778
Deposit, non-resident (40%)
AED 1,085,555
Monthly over 25 years at 3.7%
AED 11,103

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