PropertyIndex

Ocean Point

Under Construction · 10%|217 units · 3 buildings

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Ocean Point is an under-construction apartment development by MINA RASHID PROPERTIES L.L.C in Mina Rashid, Madinat Dubai Almelaheyah, comprising 217 registered units. 235 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,235 per sqft. At AED 2,235 per sqft, Ocean Point prices 19% below the Mina Rashid average of AED 2,754 per sqft on registered sales.

PIX© price · 4.3% YoY
2.41MAED
Typical
2,235AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
235
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Ocean Point

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
788 – 3,088 sqft
2172.41M2,2354.3%
1 Bed · Apartment
788 – 973 sqft
97
2 Bed · Apartment
1,158 – 1,479 sqft
86
3 Bed · Apartment
1,608 – 3,088 sqft
34
No rental contracts registered — the project has not handed over.
Sales — Project-Wide235 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 May 20261 BedBuilding 1 · Floor 47882,000,0002,538+14.4%PremiumOff-Plan Sale
27 Apr 20262 BedBuilding 1 · Floor 61,2732,500,0001,963+0.1%Entry LevelOff-Plan Sale
11 Mar 20261 BedBuilding 1 · Floor 67881,755,8882,2280.0%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Mina Rashid

The closest-priced registered projects in Mina Rashid.

Common questions about Ocean Point

Answered from Dubai Land Department registered transactions.

How much does a property in Ocean Point cost?

Property in Ocean Point sells at a current PIX© price of AED 2,235 per sqft, or about AED 2,411,095 for a typical unit, based on 235 sales registered with the Dubai Land Department.

When is Ocean Point handing over?

Ocean Point is under construction, and is 10% complete against the Dubai Land Department's reported progress.

Who is the developer of Ocean Point?

Ocean Point is developed by MINA RASHID PROPERTIES L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Ocean Point?

Ocean Point holds 217 registered units, per the Dubai Land Department unit register.

Have prices in Ocean Point gone up or down?

Price per sqft has risen +4.3% over the last 12 months, to AED 2,235, across 235 registered sales.