404, 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.
Property timeline for 404, Ocean Point 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 3 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 4th of 8
- Parking
- 1
- Last sold
- AED 2.49M · May 2024
- Building
- Ocean Point 1
About 404, Ocean Point 1
404 is a two-bedroom apartment of 1,273 sqft on the 4th floor of Ocean Point 1, a 8-storey tower in Al Mina. The developer sold it on 3 May 2024 for AED 2,488,888, or AED 1,954 per sqft, 5% below the AED 2,060 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 404 over time
404 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Ocean Point 1, and where 404 sits
All 30 2-beds →404 last sold in May 2024 at AED 1,954 per sqft, 5% below what two-beds in Ocean Point 1 were fetching at the time (AED 2,060). Over the last 12 months two-beds sold for AED 2,497,888 to 2,872,888, around AED 2,056 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Apr 202627 April 2026 | 1,273 sqft | 2,500,000 | 1,963 | ||
| 10 Mar 202610 March 2026 | 1,273 sqft | 2,497,888 | 1,961 | ||
| 10 Mar 202610 March 2026 | 1,255 sqft | 2,580,888 | 2,056 | ||
| 10 Mar 202610 March 2026 | 1,274 sqft | 2,872,888 | 2,255 |
Ocean Point 1
Building89 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
Other units on the 4th floor
All 89 units in Ocean Point 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 806 sqft | AED 1.84MAED 1,844,888 · May 2024May 2024 | ||
| 402 | 1-bed | 789 sqft | AED 1.75MAED 1,748,888 · May 2024May 2024 | ||
| 403 | 3-bed | 1,608 sqft | AED 3.34MAED 3,339,888 · May 2024May 2024 | ||
| 405 | 1-bed | 806 sqft | AED 1.7MAED 1,704,888 · May 2024May 2024 | ||
| 406 | 1-bed | 789 sqft | AED 1.67MAED 1,665,888 · May 2024May 2024 | ||
| 407 | 2-bed | 1,255 sqft | AED 2.57MAED 2,570,888 · May 2024May 2024 | ||
| 408 | 2-bed | 1,255 sqft | AED 2.82MAED 2,815,888 · May 2024May 2024 | ||
| 409 | 1-bed | 805 sqft | AED 1.96MAED 1,960,888 · May 2024May 2024 | ||
| 410 | 2-bed | 1,274 sqft | AED 2.86MAED 2,861,888 · May 2024May 2024 | ||
| 411 | 3-bed | 1,608 sqft | AED 3.34MAED 3,339,888 · May 2024May 2024 | ||
| 412 | 1-bed | 788 sqft | AED 2MAED 2,000,000 · May 2026May 2026 |
404, Ocean Point 1 in numbers
- Sold once: by the developer on 3 May 2024 for AED 2,488,888, or AED 1,954 per sqft.
- Two-beds in Ocean Point 1 sold for AED 2,497,888–2,872,888 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 3 May 2024.
Questions about 404, Ocean Point 1
What did unit 404 last sell for?
AED 2,488,888 on 3 May 2024, sold by the developer: AED 1,954 per sqft for 1,273 sqft. It is the only registered sale of the unit.
How big is unit 404?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Point 1 sold for AED 2,497,888 to 2,872,888 in the last 12 months, around AED 2,056 per sqft.
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Mortgage on 404, Ocean Point 1
Starts from the last sale price (AED 2.49M, 3 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,488,888
- Deposit, UAE resident (20%)
- AED 497,778
- Deposit, non-resident (40%)
- AED 995,555
- Monthly over 25 years at 3.7%
- AED 10,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →