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3-bed · 1,649 sqftOcean Cove 2, Al Mina · 5th floor · completed 2028

503, 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 503 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 3.58M15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Ocean Cove 2

What is 503 worth today?

Last sold for AED 3,577,888 in 2024

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15 Oct 2024Sold by developerOff-plan
AED 3,577,888AED 2,170 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,649 sqft
Floor
5th of 7
Parking
2
Developer
Mina Rashid Properties
Completed
2028
Last sold
AED 3.58M · October 2024
Building
Ocean Cove 2

About 503, Ocean Cove 2

503 is a three-bedroom apartment of 1,649 sqft on the 5th floor of Ocean Cove 2, a 7-storey tower in Al Mina completed in 2028 by Mina Rashid Properties . The developer sold it on 15 October 2024 for AED 3,577,888, or AED 2,170 per sqft, in line with the AED 2,110 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 2, and where 503 sits

All 12 3-beds →

503 last sold in October 2024 at AED 2,170 per sqft, in line with what three-beds in Ocean Cove 2 were fetching at the time (AED 2,110).

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jun 20254,303,888
22 Nov 20244,003,888
22 Nov 20244,012,888
22 Nov 20243,981,741
0 3-bed sales 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 5th floor

All 79 units in Ocean Cove 2
Value
5011-bedAED 1.8M · Aug 2024
5022-bedAED 2.63M · Aug 2024
5042-bedAED 2.94M · Nov 2024
5051-bedAED 1.8M · Aug 2024
5061-bedAED 1.78M · Aug 2024
5072-bedAED 2.62M · Sep 2024
5082-bedAED 2.59M · Sep 2024
1–7 of 12

503, Ocean Cove 2 in numbers

  • Sold once: by Mina Rashid Properties on 15 October 2024 for AED 3,577,888, or AED 2,170 per sqft.

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 503, Ocean Cove 2

What did unit 503 last sell for?

AED 3,577,888 on 15 October 2024, sold by the developer: AED 2,170 per sqft for 1,649 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,649 sqft (153.2 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2028.

What is unit 503 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 503, Ocean Cove 2

Starts from the last sale price (AED 3.58M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,577,888
Deposit, UAE resident (20%)
AED 715,578
Deposit, non-resident (40%)
AED 1,431,155
Monthly over 25 years at 3.7%
AED 14,638

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