AED 2,450,000 was AED 2,720,888
| Deal type | Below OP |
| Price | AED 2,450,000 |
| Original price | AED 2,720,888 |
| Saving | AED 270,888 (10%) |
| Bedrooms | 2 |
| Bathrooms | 3 |
| Size | 1285 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Handover | Q3 2028 |
| Developer | Emaar Properties |
| Area / Master development | Mina Rashid |
| Sub-community / Phase | Ocean Cove |
| Community | Mina Rashid |
This 2-bedroom corner apartment in Ocean Cove Building 1 at Mina Rashid is listed at AED 2,450,000, which is 10% below the original purchase price of AED 2,720,888. The unit spans 1,285 sq ft with 3 bathrooms, a pool view, 198 sqft balcony and 1 parking space. It is the cheapest 2-bedroom apartment in Ocean Cove, priced below every DLD transaction and every active listing in the building.
The seller originally purchased this apartment for AED 2,720,888. The current asking price of AED 2,450,000 produces a saving of AED 270,888, equivalent to a 10% reduction. The OP is confirmed by the Dubizzle listing for this specific unit, posted in March 2026.
The below-OP positioning is exceptionally well supported by DLD transaction data. All five recorded DLD sales for 2-bedroom apartments in Ocean Cove are above this asking price: AED 2,602,888 for 1,248 sqft (Jun 2025), AED 2,639,888 for 1,152 sqft (Jan 2025), AED 2,887,950 for 1,315 sqft (Dec 2024), AED 2,937,888 for 1,307 sqft (Dec 2024) and AED 3,043,888 for 1,248 sqft (Jul 2025). The asking price sits AED 152,888 below the lowest of these transactions.
Among current listings, the next cheapest 2BR in Ocean Cove is AED 2,783,945 for 1,307 sqft (Whitewill, described as close to OP). A corner unit of the same 1,285 sqft on a top floor is listed at AED 3,500,000 by Apex Capital. This unit at AED 2,450,000 is the cheapest 2BR in Ocean Cove by AED 333,945.
Ocean Cove is a waterfront residential development by Emaar Properties (DLD: MINA RASHID PROPERTIES L.L.C) within Rashid Yachts and Marina. Building 1 is a 10-storey structure with 273 parking spaces, 4 elevators and a swimming pool. The development offers 1, 2 and 3-bedroom apartments with waterfront, pool and marina views. All units are freehold with an 80/20 payment plan. Handover is expected Q3 2028.
Residents have access to a swimming pool, fully equipped gymnasium, waterfront promenade, marina access, children's play area, BBQ area, day care centre, retail and dining outlets, landscaped gardens, covered parking, 24-hour security with CCTV and electricity backup.
Ocean Cove is located within Mina Rashid (Rashid Yachts and Marina) on the Arabian Gulf coast. Downtown Dubai is approximately 10 minutes by car, Dubai International Airport approximately 15 minutes, and Dubai Mall approximately 15 minutes. The waterfront district combines marina lifestyle with access to the cultural heritage of Al Fahidi and the energy of central Dubai.
The asking price of AED 2,450,000, original purchase price of AED 2,720,888, 2 bedrooms, corner unit, 1,285 sqft and pool view are sourced from the agent brief dated 18 September 2026 and confirmed by the Dubizzle listing for this unit. The 3 bathrooms, 1 parking space, 198 sqft balcony and low floor are from the Dubizzle listing. The price per square foot of AED 1,907 and savings of AED 270,888 (10%) are calculated.
The agent states Q4 2027 handover but the Dubizzle listing and PF both record Q3 2028. This discrepancy is noted; buyers should confirm with Emaar. DLD transaction data from PF shows all five 2BR sales above this asking price. This listing is classified as a draft. No images have been supplied; actual photography or renders are required before publication.
The asking price is AED 2,450,000 for a 2-bedroom corner apartment with 3 bathrooms, pool view and 1 parking space spanning 1,285 sq ft. The rate is approximately AED 1,907 per sq ft.
The apartment is listed AED 270,888 below the original purchase price of AED 2,720,888, representing a 10% reduction. The OP is confirmed by the Dubizzle listing for this specific unit.
All five DLD sale transactions for 2-bedroom apartments in Ocean Cove are above this asking price: AED 2,602,888 (Jun 2025), AED 2,639,888 (Jan 2025), AED 2,887,950 (Dec 2024), AED 2,937,888 (Dec 2024) and AED 3,043,888 (Jul 2025). At AED 2,450,000, this unit is below every recorded 2BR transaction in the building.
The next cheapest 2BR in Ocean Cove is AED 2,783,945 for 1,307 sqft (Whitewill, described as close to OP). A corner unit of the same 1,285 sqft on a top floor is listed at AED 3,500,000 (Apex Capital). Other 2BR listings range up to AED 3,150,000. At AED 2,450,000, this is the cheapest 2BR in the building by AED 333,945.
Ocean Cove is a waterfront residential development by Emaar Properties within Rashid Yachts and Marina (Mina Rashid). Building 1 is a 10-storey structure with 273 parking spaces, 4 elevators and a pool. The development offers 1, 2 and 3-bedroom apartments with waterfront and pool views. The payment plan is 80/20. Handover is expected Q3 2028.
Mina Rashid (Rashid Yachts and Marina) is a waterfront destination developed through collaboration between Emaar Properties and P&O Marinas. The district combines residential, retail, dining and marina living on the Arabian Gulf coast. It is approximately 10 minutes from Downtown Dubai and 15 minutes from Dubai International Airport.
The agent states Q4 2027. However, the Dubizzle listing for this unit and PF project data both record Q3 2028 handover. Buyers should confirm the current handover timeline directly with Emaar.
The OP of AED 2,720,888 is stated by the agent and confirmed by the Dubizzle listing for this specific unit (posted March 2026). All five DLD 2BR transactions in Ocean Cove (AED 2.6M to AED 3.04M) are above the asking price, providing strong additional verification. Buyers should confirm against the seller's SPA.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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