2-bed · 1,278 sqftOcean Star Building 1, Al Mina · 5th floor

505, Ocean Star Building 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.

Unit 505 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 2.57M31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Ocean Star Building 1

What is 505 worth today?

Last sold for AED 2,571,888 in 2024

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31 May 2024Sold by developerOff-plan
AED 2,571,888AED 2,012 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
5th of 6
Parking
1
Developer
Mina Rashid Properties
Last sold
AED 2.57M · May 2024

About 505, Ocean Star Building 1

505 is a two-bedroom apartment of 1,278 sqft on the 5th floor of Ocean Star Building 1, a 6-storey tower in Al Mina by Mina Rashid Properties . The developer sold it on 31 May 2024 for AED 2,571,888, or AED 2,012 per sqft, 5% below the AED 2,114 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Ocean Star Building 1
2.5M2.55M202420252026Typical sale price by year: 2024 AED 2,533,388; 2025 AED 2,476,388Sold by developer, May 2024: AED 2,571,888 (AED 2,012 per sqft)

505 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Ocean Star Building 1, and where 505 sits

All 44 2-beds →

505 last sold in May 2024 at AED 2,012 per sqft, 5% below what two-beds in Ocean Star Building 1 were fetching at the time (AED 2,114). Over the last 12 months two-beds sold for AED 2,467,959, around AED 2,108 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20262,467,959
7 Oct 20252,492,888
7 Oct 20252,459,888
7 Oct 20252,535,888
1 2-bed sale in the last 12 months

Ocean Star Building 1

Building

74 apartments, 1-bed to 3-bed over 6 floors in Al Mina by Mina Rashid Properties . 2 sold in the last 12 months.

Typical price per sqft
AED 2,146
Typical sale
AED 3M
Typical rent
Few contracts
Typical yield
Ocean Star Building 1, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 74 units in Ocean Star Building 1
Value
5011-bedAED 1.88M · May 2024
5022-bedAED 2.63M · May 2024
5032-bedAED 2.63M · Jul 2024
5043-bedAED 3.53M · May 2024
5062-bedAED 2.49M · May 2024
5072-bedAED 2.45M · May 2024
5081-bedAED 1.72M · May 2024
1–7 of 8

505, Ocean Star Building 1 in numbers

  • Sold once: by Mina Rashid Properties on 31 May 2024 for AED 2,571,888, or AED 2,012 per sqft.
  • Two-beds in Ocean Star Building 1 sold for AED 2,467,959–2,467,959 in the 12 months to November 2026; the building's median across all types is AED 2,146 per sqft.

Source: Dubai Land Department. Updated 31 May 2024.

Questions about 505, Ocean Star Building 1

What did unit 505 last sell for?

AED 2,571,888 on 31 May 2024, sold by the developer: AED 2,012 per sqft for 1,278 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Star Building 1 sold for AED 2,467,959 to 2,467,959 in the last 12 months, around AED 2,108 per sqft.

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Mortgage on 505, Ocean Star Building 1

Starts from the last sale price (AED 2.57M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,571,888
Deposit, UAE resident (20%)
AED 514,378
Deposit, non-resident (40%)
AED 1,028,755
Monthly over 25 years at 3.7%
AED 10,522

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