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MINA RASHID PROPERTIES L.L.C

Ocean Point 1

Under Construction · Date not reported|89 units · 1 building
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Ocean Point 1 is an under-construction development by MINA RASHID PROPERTIES L.L.C in Mina Rashid, comprising 89 registered units. 103 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,273 per sqft. At AED 2,273 per sqft, Ocean Point 1 prices 6% below the Mina Rashid median of AED 2,408 per sqft on registered sales.

PIX© price · ↑7.9% YoY
2.39MAED
Typical
2,273AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
103
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

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.

Floor
Units on floor 6
…

2 Bed on Floor 6, Ocean Point 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
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 6 · Ocean Point 1
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Ocean Point 1

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 - 1,966 sqft
892.39M2,273↑7.9%
1 Bed · Apartment
788 - 972 sqft
45
2 Bed · Apartment
1,255 - 1,479 sqft
30
3 Bed · Apartment
1,608 - 1,966 sqft
14
No rental contracts registered - the project has not handed over.
Sales - Project-Wide103 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 BedOcean Point 1 · Floor 47882,000,0002,538+14.4%PremiumOff-Plan Sale
27 Apr 20262 BedOcean Point 1 · Floor 61,2732,500,0001,963+0.1%Entry LevelOff-Plan Sale
11 Mar 20261 BedOcean Point 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 1

Answered from Dubai Land Department registered transactions.

How much does a property in Ocean Point 1 cost?

Property in Ocean Point 1 sells at a current PIX© price of AED 2,273 per sqft, or about AED 2,386,831 for a typical unit, based on 103 sales registered with the Dubai Land Department.

When is Ocean Point 1 handing over?

Ocean Point 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Ocean Point 1?

Ocean Point 1 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 1?

Ocean Point 1 holds 89 registered units, per the Dubai Land Department unit register.

Have prices in Ocean Point 1 gone up or down?

Price per sqft has risen +7.9% over the last 12 months, to AED 2,273, across 103 registered sales.