Madinat Dubai Almelaheyah — new off-plan project
Madinat Dubai Almelaheyah· Dubai

Ocean Cove Building 1

DLD data as of 16 Aug 2026 · Last deal: 16 Feb 2026

Pictured: Golf Hills· new project in the area
Direct DLD data

This building's market

Price benchmark (12 mo)
AED 1.9M
-25.1% year-on-year
Implied annual rent
Gross payback
Price per ft² (12 mo)
AED 2 384
+10.4% year-on-year
Deals in 12 mo
3
105 in 24 mo· -97.1%
Estimated gross yield
Dynamics — what changed

Last 12 months vs the previous 12 (DLD registered deals, not a forecast).

Price benchmark (12 mo)
Prev. 12 mo
AED 2.5M
Last 12 mo
AED 1.9M
-25.1% · prices declining noticeably
Price per ft² (12 mo)
Prev. 12 mo
AED 2 160
Last 12 mo
AED 2 384
+10.4% year-on-year
Monthly activity
2024-082026-02
DLD registration historyMonthly aggregates of registered sales, not listing prices.
Month
2026-02
Deals
1
Price benchmark
AED 2.0M
per ft²
AED 2 574
Month
2026-01
Deals
2
Price benchmark
AED 1.8M
per ft²
AED 2 289
Month
2025-06
Deals
3
Price benchmark
AED 2.2M
per ft²
AED 2 369
Month
2025-05
Deals
2
Price benchmark
AED 2.3M
per ft²
AED 2 240
Month
2025-03
Deals
1
Price benchmark
AED 2.6M
per ft²
AED 2 094
Month
2024-12
Deals
4
Price benchmark
AED 2.9M
per ft²
AED 2 272
Month
2024-11
Deals
1
Price benchmark
AED 3.5M
per ft²
AED 2 003
Month
2024-10
Deals
25
Price benchmark
AED 2.6M
per ft²
AED 2 154
Month
2024-09
Deals
66
Price benchmark
AED 2.5M
per ft²
AED 2 147
Month
2024-08
Deals
51
Price benchmark
AED 2.5M
per ft²
AED 2 171
By unit type (24 mo)
TypeDealsPrice benchmarkper ft²
1BR47AED 1.8M2 282
2BR43AED 2.6M2 070
3BR15AED 3.6M2 077

Other buildings in the area with data

Fresh off-plan

Fresh off-plan nearby

New projects in the area — developer renders

Get a shortlistPhoto: developer render, area illustration — not an exact view of this building.

Source: Dubai Land Department (DLD). Price is a deal-count-weighted average of monthly transaction medians. Implied rent = price × gross yield; payback = 100 ÷ yield. These are gross benchmarks before service charges, vacancy, maintenance and financing; not an offer or unit valuation.

Related

Catalogues and comparisons for more context.

AI 助手