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MINA RASHID PROPERTIES L.L.C

Ocean Point

Under Construction · Date not reported|217 units · 3 buildings
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Ocean Point is an under-construction community by MINA RASHID PROPERTIES L.L.C in Mina Rashid, comprising 217 registered units. 235 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,239 per sqft. At AED 2,239 per sqft, Ocean Point prices 8% below the Mina Rashid median of AED 2,444 per sqft on registered sales.

PIX© price · ↑4.6% YoY
2.41MAED
Typical
2,239AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
235
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Explore locations
2 inside Ocean Point
Ocean Point 2
124 sales · 0 rentals
Ocean Point 1
103 sales · 0 rentals
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 6
…

2 Bed on Floor 6, Tower 1

Size
Record
May 2024 to Apr 2026
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 327 Apr 20265 mo
Current owner
2Owner 210 Mar 20262 mo
1Owner 13 May 202422 mo
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2 Bed · Floor 6 · Tower 1
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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
2172.41M2,239↑4.6%
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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
20 May 20261 BedTower 1 · Floor 47882,000,0002,538+14.4%PremiumOff-Plan Sale
27 Apr 20262 BedTower 1 · Floor 61,2732,500,0001,963+0.1%Entry LevelOff-Plan Sale
11 Mar 20261 BedTower 1 · Floor 68051,967,8882,4440.0%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 2,239 per sqft, or about AED 2,414,373 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 in the Dubai Land Department project register. No handover date is on record.

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 +4.6% over the last 12 months, to AED 2,239, across 235 registered sales.