1-bed · 810 sqftOcean Point 1, Al Mina · 1st floor

109, Ocean Point 1

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

Unit 109 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 1.95M7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Ocean Point 1

What is 109 worth today?

Last sold for AED 1,951,888 in 2024

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7 May 2024Sold by developerOff-plan
AED 1,951,888AED 2,408 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
1st of 8
Parking
1
Last sold
AED 1.95M · May 2024

About 109, Ocean Point 1

109 is a one-bedroom apartment of 810 sqft on the 1st floor of Ocean Point 1, a 8-storey tower in Al Mina. The developer sold it on 7 May 2024 for AED 1,951,888, or AED 2,408 per sqft, 9% above the AED 2,211 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Ocean Point 1
1.8M1.9M2024202520262027Typical sale price by year: 2024 AED 1,752,888; 2026 AED 1,772,888Sold by developer, May 2024: AED 1,951,888 (AED 2,408 per sqft)

109 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Ocean Point 1, and where 109 sits

All 45 1-beds →

109 last sold in May 2024 at AED 2,408 per sqft, 9% above what one-beds in Ocean Point 1 were fetching at the time (AED 2,211). Over the last 12 months one-beds sold for AED 1,672,888 to 2,000,000, around AED 2,248 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
20 May 20262,000,000
11 Mar 20261,813,888
11 Mar 20261,772,888
11 Mar 20261,755,888
7 1-bed sales in the last 12 months

Ocean Point 1

Building

89 apartments, 1-bed to 3-bed over 8 floors in Al Mina. 14 sold in the last 12 months.

Typical price per sqft
AED 2,176
Typical sale
AED 2.25M
Typical rent
Few contracts
Typical yield
Ocean Point 1, Al Mina: prices, sales and rents →

Other units on the 1st floor

All 89 units in Ocean Point 1
Value
1011-bedAED 1.84M · May 2024
1021-bedAED 1.82M · May 2024
1033-bedAED 3.48M · May 2024
1042-bedAED 2.48M · May 2024
1051-bedAED 1.7M · May 2024
1061-bedAED 1.66M · May 2024
1072-bedAED 2.56M · May 2024
1–7 of 11

109, Ocean Point 1 in numbers

  • Sold once: by the developer on 7 May 2024 for AED 1,951,888, or AED 2,408 per sqft.
  • One-beds in Ocean Point 1 sold for AED 1,672,888–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,176 per sqft.

Source: Dubai Land Department. Updated 7 May 2024.

Questions about 109, Ocean Point 1

What did unit 109 last sell for?

AED 1,951,888 on 7 May 2024, sold by the developer: AED 2,408 per sqft for 810 sqft. It is the only registered sale of the unit.

How big is unit 109?

810 sqft (75.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Point 1 sold for AED 1,672,888 to 2,000,000 in the last 12 months, around AED 2,248 per sqft.

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Mortgage on 109, Ocean Point 1

Starts from the last sale price (AED 1.95M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,951,888
Deposit, UAE resident (20%)
AED 390,378
Deposit, non-resident (40%)
AED 780,755
Monthly over 25 years at 3.7%
AED 7,986

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