1-bed · 972 sqftOcean Point 1, Al Mina · 1st floor

112, Ocean Point 1

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

Unit 112 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.83M8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Ocean Point 1

What is 112 worth today?

Last sold for AED 1,826,888 in 2024

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8 Jul 2024Sold by developerOff-plan
AED 1,826,888AED 1,878 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
1-bed apartment
Size
972 sqft
Floor
1st of 8
Parking
1
Last sold
AED 1.83M · July 2024

About 112, Ocean Point 1

112 is a one-bedroom apartment of 972 sqft on the 1st floor of Ocean Point 1, a 8-storey tower in Al Mina. The developer sold it on 8 July 2024 for AED 1,826,888, or AED 1,878 per sqft, 15% below the AED 2,212 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Ocean Point 1
1.75M1.8M2024202520262027Typical sale price by year: 2024 AED 1,752,888; 2026 AED 1,772,888Sold by developer, July 2024: AED 1,826,888 (AED 1,878 per sqft)

112 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 112 sits

All 45 1-beds →

112 last sold in July 2024 at AED 1,878 per sqft, 15% below what one-beds in Ocean Point 1 were fetching at the time (AED 2,212). 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

112, Ocean Point 1 in numbers

  • Sold once: by the developer on 8 July 2024 for AED 1,826,888, or AED 1,878 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 8 July 2024.

Questions about 112, Ocean Point 1

What did unit 112 last sell for?

AED 1,826,888 on 8 July 2024, sold by the developer: AED 1,878 per sqft for 972 sqft. It is the only registered sale of the unit.

How big is unit 112?

972 sqft (90.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower.

What is unit 112 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 112, Ocean Point 1

Starts from the last sale price (AED 1.83M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,826,888
Deposit, UAE resident (20%)
AED 365,378
Deposit, non-resident (40%)
AED 730,755
Monthly over 25 years at 3.7%
AED 7,474

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