Ocean Star
Off-PlanDeveloperMINA RASHID PROPERTIES L.L.C
CommunityMina Rashid
Started
1 year 6 months ago06-07-2024
Handover
5 months ago31-07-2025
Status
7% BuiltIn Progress
Project Description
Building 1 Consisting of 74 units with Floors (GF+6+Roof) Building 2 Consisting of 80 units with Floors (GF+6+Roof)
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+18%
GrowthCurrent:AED 2,574/sqft
Last 12M:AED 2,184/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 2,184/sqft
Prior Year:AED 2,144/sqft
Community Compare: Last 90DMina Rashid
Discount-9%
Below AvgProject:AED 2,574/sqft
Community:AED 2,842/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
Ocean Star averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
58 units
3 sold55 left
5%
Velocity
2 Bedrooms
76 units
8 sold68 left
11%
Velocity
3 Bedrooms
20 units
2 sold18 left
10%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (155)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 26 units | Type Flat | Beds 2 B/R | Size 1,155 sqft | Avg Price AED 2.6M | Last Price AED 3.3M | Last Sold about 1 month ago | Sales 30 |
Units 13 units | Type Flat | Beds 3 B/R | Size 1,619 sqft | Avg Price AED 3.6M | Last Price AED 3.3M | Last Sold 3 months ago | Sales 15 |
Units 30 units | Type Flat | Beds 1 B/R | Size 791 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold 4 months ago | Sales 31 |
Units 6 units | Type Flat | Beds 2 B/R | Size 1,171 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold 4 months ago | Sales 7 |
Units 20 units | Type Flat | Beds 2 B/R | Size 1,259 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold 4 months ago | Sales 21 |
Units 19 units | Type Flat | Beds 2 B/R | Size 1,278 sqft | Avg Price AED 2.7M | Last Price AED 2.4M | Last Sold 4 months ago | Sales 20 |
Units 16 units | Type Flat | Beds 1 B/R | Size 805 sqft | Avg Price AED 1.8M | Last Price AED 1.7M | Last Sold 7 months ago | Sales 17 |
Units 7 units | Type Flat | Beds 1 B/R | Size 808 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 7 |
Units 3 units | Type Flat | Beds 3 B/R | Size 1,617 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | Last Sold over 1 year ago | Sales 3 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,470 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 4 |
Units 113 | Type Flat | Beds 3 B/R | Size 2,025 sqft | Avg Price AED 4.0M | Last Price AED 4.0M | Last Sold over 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 936 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 2 |
Units 114 | Type Flat | Beds 1 B/R | Size 976 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 1 |
Units 115 | Type Flat | Beds 1 B/R | Size 978 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 1 |
Units 113 | Type Flat | Beds 2 B/R | Size 1,513 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 1 |
Units 3 units | Type Flat | Beds 3 B/R | Size 1,984 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold over 1 year ago | Sales 3 |
Units 112 | Type Flat | Beds 1 B/R | Size 994 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 1 |
Units RETAIL | Type Shop | Beds — | Size 9,222 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
18 unique layouts covering 155 units