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MINA RASHID PROPERTIES L.L.C

Ocean Point 2

Under Construction · Date not reported|120 units · 1 building
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Ocean Point 2 is an under-construction development by MINA RASHID PROPERTIES L.L.C in Mina Rashid, comprising 120 registered units. 124 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,987 per sqft. At AED 1,987 per sqft, Ocean Point 2 prices 19% below the Mina Rashid median of AED 2,463 per sqft on registered sales.

PIX© price · ↓10.1% YoY
2.14MAED
Typical
1,987AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
124
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 4
…

1 Bed on Floor 4, Ocean Point 2

Size
Record
May 2024 to Dec 2025
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 230 Dec 20259 mo
Current owner
1Owner 16 May 202420 mo
PIX© Airbnb Calculator

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1 Bed · Floor 4 · Ocean Point 2
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Ocean Point 2

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 - 1,972 sqft
1202.14M1,987↓10.1%
1 Bed · Apartment
788 - 973 sqft
52
2 Bed · Apartment
1,158 - 1,468 sqft
56
3 Bed · Apartment
1,608 - 1,972 sqft
12---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide124 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
30 Dec 20251 BedOcean Point 2 · Floor 47891,665,8882,1130.0%StandardOff-Plan Sale
16 Dec 20252 BedOcean Point 2 · Floor 41,2562,325,0001,851-5.2%StandardOff-Plan Sale
10 Nov 20251 BedOcean Point 2 · Floor 28061,950,0002,420+9.4%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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Ocean Point 2 cost?

Property in Ocean Point 2 sells at a current PIX© price of AED 1,987 per sqft, or about AED 2,140,378 for a typical unit, based on 124 sales registered with the Dubai Land Department.

When is Ocean Point 2 handing over?

Ocean Point 2 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Ocean Point 2?

Ocean Point 2 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 2?

Ocean Point 2 holds 120 registered units, per the Dubai Land Department unit register.

Have prices in Ocean Point 2 gone up or down?

Price per sqft has fallen -10.1% over the last 12 months, to AED 1,987, across 124 registered sales.