JRE · Joshi Real Estate
Ocean Cove
On saleEmaar

Ocean Cove

Mina Rashid, Dubai
From
AED 3,229,888
Handover
AUG 2028
Enquire
The Project
From
AED 3,229,888
Status
On sale
Handover
AUG 2028
Size
from 1,308 sqft
Residences
1
Construction
10% complete
Furnishing
only kitchen
Service charge
22-24 AED/sqft
Buildings
2

Ocean Cove is a residential development by Emaar situated within the Mina Rashid district, comprising two buildings that deliver two-bedroom apartments priced at approximately AED 3.23 million. Scheduled for completion in August 2028 and currently at just under 10 per cent construction progress, it represents an early-stage entry into one of Dubai's more deliberate waterfront addresses.

# The buildings and their position in Mina Rashid

Mina Rashid, long known as the city's working port, has been undergoing a considered transformation into a marina-anchored residential quarter. The district sits on Dubai's historic waterfront, distinct from the newer manufactured coastlines further south, and carries an industrial heritage that gives the neighbourhood a different register from Palm Jumeirah or Dubai Marina.

Ocean Cove occupies two buildings within this setting. Construction is under way, with a delivery window of August 2028.

The development sits within the broader Rashid Yachts and Marina precinct, which includes a full-service marina capable of accommodating yachts up to 100 metres in length across 430 berths. That infrastructure shapes the character of the wider community rather than functioning purely as an amenity for residents.

# Residences, layouts and kitchen specification

The available data covers a single unit configuration: a two-bedroom apartment of 1,308 square feet at AED 3,229,888. The apartments are delivered with a fitted kitchen only; buyers should factor in the cost of fitting out living, dining and bedroom spaces to their own specification.

At around AED 2,470 per square foot, the pricing sits within a range that reflects Mina Rashid's ongoing evolution rather than an established premium. Service charges run between AED 22 and AED 24 per square foot annually, which is consistent with mid-to-upper residential product in comparable Dubai waterfront districts.

# Facilities within the development

Amenities at Ocean Cove include a swimming pool, gym, community park, recreational courts, and retail and dining options. The list is functional rather than extensive, which is appropriate for a building-scale project rather than a sprawling master-planned community.

The retail and dining component sits within or adjacent to the wider Mina Rashid precinct, meaning residents draw on a broader network of food and beverage options that are being built out as the district matures.

# Distance from the airport, Downtown and the northern beaches

Dubai International Airport lies roughly 13.3 kilometres from the site. Downtown Dubai is approximately 12.4 kilometres away. North Beach on Pearl Jumeirah, one of the city's more popular public coastal stretches, sits 8.1 kilometres to the west.

City Centre Al Shindagha, the nearest major retail destination, is around 13 kilometres by road. New Academy School registers at 11.4 kilometres, which is within the standard commute range for Dubai school runs.

The location places residents within reasonable reach of the historic city core without being embedded in the density of Deira or Bur Dubai.

# Who this project suits and where it sits in the Dubai off-plan market

Ocean Cove is best read as an off-plan bet on a district rather than on an already-proven address. Buyers who entered Dubai Marina or Jumeirah Beach Residence in their formative years understand the logic: acquire at district formation pricing, absorb the construction and ramp-up period, and exit or occupy once the neighbourhood reaches critical mass.

Mina Rashid is at an earlier stage than either of those benchmarks, and the low construction progress at the current sales stage means buyers carry meaningful completion risk alongside the upside. For internationally mobile buyers, the AED 3.23 million entry point sits below the AED 4 million floor of much of Dubai's newer waterfront stock, which broadens the pool of prospective tenants and future buyers. The absence of a furnishing package requires a clear budget allowance at handover, but for buyers intending to personalise the space, that flexibility is preferable to a developer fit-out they would immediately strip out.

The Homes

Residences

1 unit configuration available at Ocean Cove.

2 BR
sqft
Size
1,308
Price (AED)
AED 3,229,888
Price (USD)
$879,479
Structure

Payment plan

Payment Plan
  1. Step 1
    10%
    On booking
  2. Step 2
    70%
    During construction
  3. Step 3
    20%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking10%AED 322,989
During construction70%AED 2,260,922
Upon Handover20%AED 645,978
Total100%AED 3,229,888
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Community Park
Gym
Swimming Pool
Recreational Courts
Retail & Dining Options
Setting

Location

Set in Mina Rashid, Dubai. Explore more in our Mina Rashid guide.

Nearby
  • New Academy School11.4 km
  • City Centre Al Shindagha13 km
  • Gubaiba Assembly Point12.6 km
  • North Beach, Pearl Jumeirah8.1 km
  • Dubai International Airport13.3 km
  • Downtown Dubai12.4 km
Resources

Documents

Escrow number
12750345920002
Service charge
22-24 AED/sqft
Furnishing
only kitchen
Construction start
2024-10-28
Construction end
2028-09-30
Residences
1
Buildings
2
Readiness
10%
Buildings
  • Building 1
    5 floors

    1, 2 & 3 bedroom apartments

  • Building 2
    2 floors

    1, 2 & 3 bedroom apartments

Parking
  • 3 BR apartment2 spaces
  • 2 BR apartment1 space
  • 1 BR apartment1 space
Questions

Frequently asked

Who is the developer of Ocean Cove?+

Emaar

Where is Ocean Cove located?+

Ocean Cove is located in Mina Rashid, Dubai, United Arab Emirates.

When is Ocean Cove handing over?+

Handover is scheduled for AUG 2028; the project is 10% complete.

What is the price of Ocean Cove?+

Prices at Ocean Cove start from AED 3,229,888.

Is Ocean Cove registered with escrow?+

Yes, Ocean Cove has escrow number 12750345920002 with the Dubai Land Department.

Enquire about Ocean Cove

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