Ocean Cove
Off-PlanDeveloperMINA RASHID PROPERTIES L.L.C
CommunityMina Rashid
Started
1 year 2 months ago28-10-2024
Handover
In 2 years 7 months31-08-2028
Status
5% BuiltIn Progress
Project Description
Residential Development Consisting of two buildings Building 1 (G + 9 + Roof): Total of 154 units Building 2 (G + 7 + Roof): Total of 79 units
Performance Alpha
Developer Sales: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 2,215/sqft
Last 12M:AED 2,320/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 2,320/sqft
Prior Year:AED 2,168/sqft
Community Compare: Last 90DMina Rashid
Discount-23%
Below AvgProject:AED 2,215/sqft
Community:AED 2,864/sqft
Layouts & Units (233)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-9 | Inventory 100units 12 layouts · Typically 1 parking 8-11 sqm balcony | Size Range 786-844sqft | Price Range AED 1.7M - AED 2.2M | Avg PSF 2,264 | Sales 101 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 105units 24 layouts · Typically 1 parking 7-30 sqm balcony | Size Range 1,152-1,417sqft | Price Range AED 2.5M - AED 3.0M | Avg PSF 2,096 | Sales 103 | Trend — | |
Asset Class 3 Bed FlatFloors 1-9 | Inventory 28units 9 layouts · Typically 1 parking 18-37 sqm balcony | Size Range 1,649-1,853sqft | Price Range AED 3.4M - AED 4.3M | Avg PSF 2,128 | Sales 28 | Trend — |
Grouped into 3 asset classes covering 233 units