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2-bed · 1,255 sqftOcean Point 2, Al Mina · 6th floor

616, 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 616 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 2.46M3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Ocean Point 2

What is 616 worth today?

Last sold for AED 2,457,888 in 2024

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3 May 2024Sold by developerOff-plan
AED 2,457,888AED 1,958 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
2-bed apartment
Size
1,255 sqft
Floor
6th of 8
Parking
1
Last sold
AED 2.46M · May 2024
Building
Ocean Point 2

About 616, Ocean Point 2

616 is a two-bedroom apartment of 1,255 sqft on the 6th floor of Ocean Point 2, a 8-storey tower in Al Mina. The developer sold it on 3 May 2024 for AED 2,457,888, or AED 1,958 per sqft, in line with the AED 1,958 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Ocean Point 2, and where 616 sits

All 56 2-beds →

616 last sold in May 2024 at AED 1,958 per sqft, in line with what two-beds in Ocean Point 2 were fetching at the time (AED 1,958). Over the last 12 months two-beds sold for AED 2,325,000, around AED 1,850 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Dec 20252,325,000
19 May 20252,608,000
11 Jun 20242,451,888
11 Jun 20242,436,888
1 2-bed sale 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 6th floor

All 120 units in Ocean Point 2
Value
6011-bedAED 1.8M · May 2024
6021-bedAED 1.76M · May 2024
6033-bedAED 3.38M · May 2024
6042-bedAED 2.49M · May 2024
6052-bedAED 2.42M · May 2024
6062-bedAED 2.46M · May 2024
6072-bedAED 2.46M · May 2024
1–7 of 15

616, Ocean Point 2 in numbers

  • Sold once: by the developer on 3 May 2024 for AED 2,457,888, or AED 1,958 per sqft.
  • Two-beds in Ocean Point 2 sold for AED 2,325,000–2,325,000 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 3 May 2024.

Questions about 616, Ocean Point 2

What did unit 616 last sell for?

AED 2,457,888 on 3 May 2024, sold by the developer: AED 1,958 per sqft for 1,255 sqft. It is the only registered sale of the unit.

How big is unit 616?

1,255 sqft (116.6 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower.

What is unit 616 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 2 sold for AED 2,325,000 to 2,325,000 in the last 12 months, around AED 1,850 per sqft.

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Mortgage on 616, Ocean Point 2

Starts from the last sale price (AED 2.46M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,457,888
Deposit, UAE resident (20%)
AED 491,578
Deposit, non-resident (40%)
AED 983,155
Monthly over 25 years at 3.7%
AED 10,056

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