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

505, Ocean Star Building 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 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 2

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 2

505 is a two-bedroom apartment of 1,278 sqft on the 5th floor of Ocean Star Building 2, 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, in line with the AED 2,013 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

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

All 32 2-beds →

505 last sold in May 2024 at AED 2,012 per sqft, in line with what two-beds in Ocean Star Building 2 were fetching at the time (AED 2,013). Over the last 12 months two-beds sold for AED 3,300,000, around AED 2,856 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Dec 20253,300,000
10 Aug 20252,645,888
25 Oct 20242,931,888
18 Oct 20242,777,888
1 2-bed sale in the last 12 months

Ocean Star Building 2

Building

80 apartments, 1-bed to 3-bed over 6 floors in Al Mina by Mina Rashid Properties . 4 sold in the last 12 months.

Typical price per sqft
AED 2,256
Typical sale
AED 3.47M
Typical rent
Few contracts
Typical yield
Ocean Star Building 2, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 80 units in Ocean Star Building 2
Value
5011-bedAED 1.92M · May 2024
5022-bedAED 2.67M · May 2024
5032-bedAED 2.68M · May 2024
5043-bedAED 3.6M · May 2024
5061-bedAED 1.76M · May 2024
5071-bedAED 1.72M · May 2024
5081-bedAED 1.72M · May 2024
1–7 of 9

505, Ocean Star Building 2 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 2 sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,256 per sqft.

Source: Dubai Land Department. Updated 31 May 2024.

Questions about 505, Ocean Star Building 2

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 2 sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,856 per sqft.

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Mortgage on 505, Ocean Star Building 2

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 →