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3-bed · 1,966 sqftOcean Point 1, Al Mina · 1st floor

111, 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 111 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 3.48M7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, Ocean Point 1

What is 111 worth today?

Last sold for AED 3,480,888 in 2024

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7 May 2024Sold by developerOff-plan
AED 3,480,888AED 1,770 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
3-bed apartment
Size
1,966 sqft
Floor
1st of 8
Parking
2
Last sold
AED 3.48M · May 2024
Building
Ocean Point 1

About 111, Ocean Point 1

111 is a three-bedroom apartment of 1,966 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 3,480,888, or AED 1,770 per sqft, 15% below the AED 2,077 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Ocean Point 1, and where 111 sits

All 14 3-beds →

111 last sold in May 2024 at AED 1,770 per sqft, 15% below what three-beds in Ocean Point 1 were fetching at the time (AED 2,077). Over the last 12 months three-beds sold for AED 3,384,888 to 3,416,888, around AED 2,115 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Mar 20263,384,888
10 Mar 20263,416,888
9 May 20243,479,888
9 May 20243,378,888
2 3-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

111, Ocean Point 1 in numbers

  • Sold once: by the developer on 7 May 2024 for AED 3,480,888, or AED 1,770 per sqft.
  • Three-beds in Ocean Point 1 sold for AED 3,384,888–3,416,888 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 111, Ocean Point 1

What did unit 111 last sell for?

AED 3,480,888 on 7 May 2024, sold by the developer: AED 1,770 per sqft for 1,966 sqft. It is the only registered sale of the unit.

How big is unit 111?

1,966 sqft (182.6 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Point 1 sold for AED 3,384,888 to 3,416,888 in the last 12 months, around AED 2,115 per sqft.

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Mortgage on 111, Ocean Point 1

Starts from the last sale price (AED 3.48M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,480,888
Deposit, UAE resident (20%)
AED 696,178
Deposit, non-resident (40%)
AED 1,392,355
Monthly over 25 years at 3.7%
AED 14,241

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