Sold Prices · DLD Data
Ocean Cove
Madinat Dubai Almelaheyah, Dubai · Mina Rashid
AED 2,306
Avg Price / sqft
AED 1.8M
Avg Sale Price
6
DLD Sales Recorded
3.3%
Est. Gross Yield
Market snapshot
Ocean Cove — the numbers
Ocean Cove is a residential building in Madinat Dubai Almelaheyah, Dubai with approximately 233 units. Dubai Land Department records show 6 sales in the building, at an average price of AED 1.8M — around AED 2,306 per square foot.
Since January 2026, 6 sales completed in Ocean Cove, with the average price per square foot moving from AED 2,289 to AED 2,236 (-2.3%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Madinat Dubai Almelaheyah, a typical unit in Ocean Cove returns an estimated 3.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Dubai Almelaheyah.
Figures are from Dubai Land Department transaction records for Ocean Cove; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Dubai Almelaheyah residential rents, before service charges.
Price trend
Price trend in Ocean Cove
Average sale price per sqft by month since January 2026-2.3%
Unit types
Prices by unit type
1 Bed
AED 1.8M
AED 2,306/sqft
6 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 19 Aug 2026 | Sales | 1 | 797 | AED 1.8M | AED 2,236 |
| 24 Jul 2026 | Sales | 1 | 797 | AED 1.8M | AED 2,218 |
| 09 Apr 2026 | Sales | 1 | 805 | AED 1.8M | AED 2,228 |
| 16 Feb 2026 | Sales | 1 | 796 | AED 2.0M | AED 2,574 |
| 23 Jan 2026 | Sales | 1 | 796 | AED 1.9M | AED 2,362 |
| 06 Jan 2026 | Sales | 1 | 796 | AED 1.8M | AED 2,215 |
About the area
Ocean Cove is in Dubai Maritime City
Dubai Maritime City is an innovative mixed-use development that blends residential, commercial, and recreational spaces, all set against a stunning waterfront backdrop. Strategically positioned between Port Rashid and Dubai Dry Docks, the community is particularly appealing to professionals, families, and investors seeking a modern coastal lifestyle with robust connectivity to the broader Dubai area.
Explore the Dubai Maritime City area guideNearby
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FAQ
Ocean Cove: frequently asked questions
What is the average price in Ocean Cove?
The average recorded sale price in Ocean Cove, Madinat Dubai Almelaheyah is AED 1.8M, around AED 2,306 per square foot, based on Dubai Land Department transaction data.
Are prices in Ocean Cove going up or down?
Average sale prices in Ocean Cove have eased -2.3% per square foot since January 2026, across 6 DLD-recorded sales.
What rental yield can I expect in Ocean Cove?
Based on average Madinat Dubai Almelaheyah residential rents against sale prices in the building, a typical unit in Ocean Cove yields roughly 3.3% gross per year, before service charges and fees.
How many properties have sold in Ocean Cove?
6 sales have been recorded in Ocean Cove according to DLD data, across approximately 233 units.
Considering Ocean Cove?
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