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Ocean Point

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

Development & Handover Profile

🏗️ Under Construction

Construction Progress10.1%

Project Start

Jul 6, 2024

Expected Handover

N/A

Official Status

ACTIVE

Total Units

217

Avg Unit Size

1168 sqft

Freehold Ratio

100%

Escrow Agent

Emirates Islamic Bank PJSC

Median Price

AED 2.44M

PSF

AED 2,105/sqft

Sales 12M

vs Area

-5.3%

Asset Turnover

ⓘ

1.4%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

217

Avg Unit Size

1168 sqft

1BR

44.7%

2BR

39.6%

3BR

15.7%

Room Configuration

Unit Type	Count	Share
1BR	97	44.7%
2BR	86	39.6%
3BR	34	15.7%

Price & Volume Trend

Unit Liquidity Matrix

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	44.7% 97 units	52.9% 9 sold	1.18	✓ BALANCED
2BR	39.6% 86 units	35.3% 6 sold	0.89	✓ BALANCED
3BR	15.7% 34 units	11.8% 2 sold	0.75	⚠️ STAGNANT

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
20 May 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.00M	AED 2,538/sqft	Off-plan	Freehold
27 Apr 2026 Published 28 Apr 2026	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.50M	AED 1,963/sqft	Off-plan	Freehold
11 Mar 2026 Published 12 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.77M	AED 2,248/sqft	Off-plan	Freehold
11 Mar 2026 Published 12 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.81M	AED 2,251/sqft	Off-plan	Freehold
11 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.97M	AED 2,444/sqft	Off-plan	Freehold
11 Mar 2026 Published 12 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.76M	AED 2,228/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.83M	AED 2,252/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.87M	AED 2,256/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.50M	AED 1,961/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.67M	AED 2,121/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	3BR	AED 3.38M	AED 2,105/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.58M	AED 2,056/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	3BR	AED 3.42M	AED 2,125/sqft	Off-plan	Freehold
10 Mar 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.71M	AED 2,125/sqft	Off-plan	Freehold
31 Dec 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.67M	AED 2,113/sqft	Off-plan	Freehold
16 Dec 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.33M	AED 1,851/sqft	Off-plan	Freehold
10 Nov 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.95M	AED 2,420/sqft	Off-plan	Freehold
19 May 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.61M	AED 2,251/sqft	Off-plan	Freehold
18 Jul 2024	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.74M	AED 2,210/sqft	Off-plan	Freehold
9 Jul 2024	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.83M	AED 1,879/sqft	Off-plan	Freehold
8 Jul 2024	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.66M	AED 2,109/sqft	Off-plan	Freehold
8 Jul 2024	MADINAT DUBAI ALMELAHEYAH	3BR	AED 3.33M	AED 2,073/sqft	Off-plan	Freehold
3 Jul 2024	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.89M	AED 2,303/sqft	Off-plan	Freehold
12 Jun 2024	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.45M	AED 1,952/sqft	Off-plan	Freehold
12 Jun 2024	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.44M	AED 1,940/sqft	Off-plan	Freehold
12 Jun 2024	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.75M	AED 2,215/sqft	Off-plan	Freehold
30 May 2024	MADINAT DUBAI ALMELAHEYAH	1BR	AED 1.84M	AED 2,290/sqft	Off-plan	Freehold
21 May 2024	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.49M	AED 2,147/sqft	Off-plan	Freehold
17 May 2024	MADINAT DUBAI ALMELAHEYAH	2BR	AED 2.56M	AED 2,029/sqft	Off-plan	Freehold
14 May 2024	MADINAT DUBAI ALMELAHEYAH	3BR	AED 3.33M	AED 2,069/sqft	Off-plan	Freehold