−6% Photos and renders of the building and grounds — not of this particular unit.
Ocean Terrace Residence
2 BR · Apartment · 4 bathrooms
Price history
Listed since 23 September 2026. The price has been cut once — dates and figures from the listing itself.
- 27 September 2026 AED 2 500 000
- 10 October 2026 AED 2 350 000 -6%
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 NP12-492392
How much is this 2-bedroom apartment in Ocean Terrace Residence?
Lot NP12-492392 is priced at AED 2 350 000, about $640 000. The size is 1 615 sq ft (150 m²), which works out at AED 1 455 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 500 000 to AED 2 350 000: AED 150 000 less, or 6%. It was cut once. On the market since 23 September 2026.
Is this expensive or cheap for Dubai Marina?
The database holds 159 lots in Dubai Marina. The area median is AED 2 274 per sq ft; this lot, at AED 1 455, is 36% below it. 38 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 470 000; a loan of AED 1 880 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 700–11 000 a month. A non-resident puts down from 40% (AED 940 000) and pays about AED 7 200–8 200 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 — 4.
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 NP12-492392 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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