−3% Photos and renders of the building and grounds — not of this particular unit.
Ocean Terrace Residence
1 BR · Apartment · 2 bathrooms
Price history
Listed since 7 September 2026. The price has been cut once — dates and figures from the listing itself.
- 24 September 2026 AED 1 500 000
- 29 September 2026 AED 1 450 000 -3%
Where it is
The pin is placed by district — I send the exact address on request.
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot NP12-449673
How much is this 1-bedroom apartment in Ocean Terrace Residence?
Lot NP12-449673 is priced at AED 1 450 000, about $395 000. The size is 883 sq ft (82 m²), which works out at AED 1 642 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 500 000 to AED 1 450 000: AED 50 000 less, or 3%. It was cut once. On the market since 7 September 2026.
How does this price compare with other lots in Ocean Terrace Residence?
The database holds 2 lots in Ocean Terrace Residence right now, from AED 1 450 000 to AED 2 350 000.
Is this expensive or cheap for Dubai Marina?
The database holds 162 lots in Dubai Marina. The area median is AED 2 301 per sq ft; this lot, at AED 1 642, is 29% below it. 41 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 290 000; a loan of AED 1 160 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 000–6 800 a month. A non-resident puts down from 40% (AED 580 000) and pays about AED 4 500–5 100 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP12-449673 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Ocean Terrace Residence
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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