503, Ocean Point 2
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 503, Ocean Point 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 6 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,608 sqft
- Floor
- 5th of 8
- Parking
- 2
- Last sold
- AED 3.35M · May 2024
- Building
- Ocean Point 2
About 503, Ocean Point 2
503 is a three-bedroom apartment of 1,608 sqft on the 5th floor of Ocean Point 2, a 8-storey tower in Al Mina. The developer sold it on 6 May 2024 for AED 3,345,888, or AED 2,081 per sqft, in line with the AED 2,079 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 2, and where 503 sits
All 12 3-beds →503 last sold in May 2024 at AED 2,081 per sqft, in line with what three-beds in Ocean Point 2 were fetching at the time (AED 2,079).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jul 20245 July 2024 | 1,608 sqft | 3,332,888 | 2,072 | ||
| 13 May 202413 May 2024 | 1,608 sqft | 3,326,888 | 2,069 | ||
| 8 May 20248 May 2024 | 1,935 sqft | 3,502,888 | 1,810 | ||
| 6 May 20246 May 2024 | 1,973 sqft | 3,483,888 | 1,766 |
Ocean Point 2
Building120 apartments, 1-bed to 3-bed over 8 floors in Al Mina. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,112
- Typical sale
- AED 1.95M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 120 units in Ocean Point 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 806 sqft | AED 1.79MAED 1,793,888 · May 2024May 2024 | ||
| 502 | 1-bed | 789 sqft | AED 1.75MAED 1,752,888 · May 2024May 2024 | ||
| 504 | 2-bed | 1,271 sqft | AED 2.49MAED 2,488,888 · May 2024May 2024 | ||
| 505 | 2-bed | 1,169 sqft | AED 2.41MAED 2,411,888 · May 2024May 2024 | ||
| 506 | 2-bed | 1,256 sqft | AED 2.46MAED 2,455,888 · May 2024May 2024 | ||
| 507 | 2-bed | 1,256 sqft | AED 2.45MAED 2,453,888 · May 2024May 2024 | ||
| 508 | 1-bed | 788 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 509 | 1-bed | 789 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 510 | 1-bed | 789 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 511 | 1-bed | 789 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 512 | 1-bed | 789 sqft | AED 1.67MAED 1,668,888 · May 2024May 2024 | ||
| 513 | 2-bed | 1,158 sqft | AED 2.5MAED 2,501,888 · May 2024May 2024 | ||
| 514 | 1-bed | 788 sqft | AED 1.75MAED 1,752,888 · May 2024May 2024 | ||
| 515 | 2-bed | 1,159 sqft | AED 2.5MAED 2,501,888 · May 2024May 2024 | ||
| 516 | 2-bed | 1,255 sqft | AED 2.45MAED 2,452,888 · May 2024May 2024 |
503, Ocean Point 2 in numbers
- Sold once: by the developer on 6 May 2024 for AED 3,345,888, or AED 2,081 per sqft.
Source: Dubai Land Department. Updated 6 May 2024.
Questions about 503, Ocean Point 2
What did unit 503 last sell for?
AED 3,345,888 on 6 May 2024, sold by the developer: AED 2,081 per sqft for 1,608 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,608 sqft (149.4 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 503? Put it on the OpenOffers board
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Mortgage on 503, Ocean Point 2
Starts from the last sale price (AED 3.35M, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,345,888
- Deposit, UAE resident (20%)
- AED 669,178
- Deposit, non-resident (40%)
- AED 1,338,355
- Monthly over 25 years at 3.7%
- AED 13,689
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →