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Ocean Cove

by MINA RASHID PROPERTIES L.L.C·MADINAT DUBAI ALMELAHEYAHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress5.2%
Project Start
Oct 28, 2024
Expected Handover
Aug 31, 2028
738 days remaining
Total Units
233
Avg Unit Size
1116 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 2.55M
PSF
AED 2,197/sqft
Sales 12M
0
vs Area
-0.7%
Asset Turnover
ⓘ
0.0%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
233
Avg Unit Size
1116 sqft
2BR
45.1%
1BR
42.9%
3BR
12.0%

Room Configuration

Unit TypeCountShare
2BR10545.1%
1BR10042.9%
3BR2812.0%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR45.1%
105 units
0.0%
0 sold
—🚫 GHOST UNIT
1BR42.9%
100 units
100.0%
6 sold
2.33🔥 HIGH DEMAND
3BR12.0%
28 units
0.0%
0 sold
—⚠️ STAGNANT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
19 Aug 2026
Published 20 Aug 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 1.78MAED 2,236/sqftOff-planFreehold
24 Jul 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 1.77MAED 2,218/sqftOff-planFreehold
9 Apr 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 1.79MAED 2,228/sqftOff-planFreehold
16 Feb 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 2.05MAED 2,574/sqftOff-planFreehold
23 Jan 2026
Published 26 Jan 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 1.88MAED 2,362/sqftOff-planFreehold
6 Jan 2026
MADINAT DUBAI ALMELAHEYAH1BRAED 1.76MAED 2,215/sqftOff-planFreehold
8 Jul 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 3.04MAED 2,439/sqftOff-planFreehold
23 Jun 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 4.30MAED 2,347/sqftOff-planFreehold
10 Jun 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.22MAED 2,786/sqftOff-planFreehold
9 Jun 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.60MAED 2,085/sqftOff-planFreehold
9 Jun 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 1.78MAED 2,236/sqftOff-planFreehold
21 May 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 1.88MAED 2,357/sqftOff-planFreehold
27 Mar 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.55MAED 2,094/sqftOff-planFreehold
6 Jan 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.64MAED 2,291/sqftOff-planFreehold
26 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.89MAED 2,196/sqftOff-planFreehold
17 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.09MAED 2,479/sqftOff-planFreehold
13 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.94MAED 2,247/sqftOff-planFreehold
10 Dec 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 3.90MAED 2,168/sqftOff-planFreehold
9 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.85MAED 2,328/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 4.01MAED 2,434/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 4.00MAED 2,428/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.94MAED 2,281/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 3.48MAED 2,003/sqftOff-planFreehold
25 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 3.98MAED 2,148/sqftOff-planFreehold
8 Nov 2024
MADINAT DUBAI ALMELAHEYAH3BRAED 3.57MAED 2,166/sqftOff-planFreehold
8 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.80MAED 2,044/sqftOff-planFreehold
8 Nov 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.71MAED 2,169/sqftOff-planFreehold
24 Oct 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.99MAED 2,496/sqftOff-planFreehold
24 Oct 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.64MAED 2,018/sqftOff-planFreehold
23 Oct 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.71MAED 2,174/sqftOff-planFreehold
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