1-bed · 789 sqftOcean Point 2, Al Mina · 5th floor

511, 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.

Unit 511 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 1.67M6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Ocean Point 2

What is 511 worth today?

Last sold for AED 1,668,888 in 2024

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6 May 2024Sold by developerOff-plan
AED 1,668,888AED 2,116 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
5th of 8
Parking
1
Last sold
AED 1.67M · May 2024

About 511, Ocean Point 2

511 is a one-bedroom apartment of 789 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 1,668,888, or AED 2,116 per sqft, in line with the AED 2,121 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Ocean Point 2, and where 511 sits

All 52 1-beds →

511 last sold in May 2024 at AED 2,116 per sqft, in line with what one-beds in Ocean Point 2 were fetching at the time (AED 2,121). Over the last 12 months one-beds sold for AED 1,665,888 to 1,950,000, around AED 2,266 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Dec 20251,665,888
10 Nov 20251,950,000
17 Jul 20241,742,888
8 May 20241,840,888
2 1-bed sales in the last 12 months

Ocean Point 2

Building

120 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
Ocean Point 2, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 120 units in Ocean Point 2
Value
5011-bedAED 1.79M · May 2024
5021-bedAED 1.75M · May 2024
5033-bedAED 3.35M · May 2024
5042-bedAED 2.49M · May 2024
5052-bedAED 2.41M · May 2024
5062-bedAED 2.46M · May 2024
5072-bedAED 2.45M · May 2024
1–7 of 15

511, Ocean Point 2 in numbers

  • Sold once: by the developer on 6 May 2024 for AED 1,668,888, or AED 2,116 per sqft.
  • One-beds in Ocean Point 2 sold for AED 1,665,888–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 2,112 per sqft.

Source: Dubai Land Department. Updated 6 May 2024.

Questions about 511, Ocean Point 2

What did unit 511 last sell for?

AED 1,668,888 on 6 May 2024, sold by the developer: AED 2,116 per sqft for 789 sqft. It is the only registered sale of the unit.

How big is unit 511?

789 sqft (73.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 511 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 2 sold for AED 1,665,888 to 1,950,000 in the last 12 months, around AED 2,266 per sqft.

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Mortgage on 511, Ocean Point 2

Starts from the last sale price (AED 1.67M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,668,888
Deposit, UAE resident (20%)
AED 333,778
Deposit, non-resident (40%)
AED 667,555
Monthly over 25 years at 3.7%
AED 6,828

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