Ocean Point

Off-Plan

DeveloperMINA RASHID PROPERTIES L.L.C

CommunityMina Rashid

AreaMadinat Dubai Almelaheyah

Started

1 year 6 months ago06-07-2024

Status

10% BuiltIn Progress

Project Description

Building 1 - Consisting of 89 units With Floors (GF+8+Roof) Building 2 - Consisting of 120 units With Floors (GF+8+Roof) Townhouses - Consisting of 8 units With Floors (GF+1+Roof)

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 2,128/sqft

Last 12M:AED 2,159/sqft

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 2,159/sqft

Prior Year:AED 2,089/sqft

Community Compare: Last 90DMina Rashid

Discount

-26%

Below Avg

Project:AED 2,128/sqft

Community:AED 2,864/sqft

Layouts & Units (217)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatPodium + Floors 1-8	Inventory 97units 14 layouts · Typically 1 parking 7-24 sqm balcony	Size Range 788-973sqft	Price Range AED 1.6M - AED 2.0M	Avg PSF 2,166	Sales 99	Trend —

Asset Class 2 Bed FlatPodium + Floors 1-8	Inventory 86units 18 layouts · Typically 1 parking 7-36 sqm balcony	Size Range 1,158-1,479sqft	Price Range AED 2.3M - AED 2.9M	Avg PSF 2,037	Sales 88	Trend —

Asset Class 3 Bed FlatPodium + Floors 1-8	Inventory 34units 14 layouts · Typically 1 parking 15-81 sqm balcony	Size Range 1,608-3,088sqft	Price Range AED 3.3M - AED 5.9M	Avg PSF 2,007	Sales 34	Trend —

Grouped into 3 asset classes covering 217 units