AED 2,490,000
| Deal type | Off-Plan Distress |
| Price | AED 2,490,000 |
| Bedrooms | 2 |
| Size | 1285 sq.ft |
| Type | Apartment |
| Status | OFF PLAN |
| Handover | Aug-2028 |
| Area / Master development | Mina Rashid |
| Community | Mina Rashid |
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
The distress price is AED 2,490,000. The seller's total committed cost — comprising the original purchase price plus Dubai Land Department fees — was AED 2,830,000. The seller is therefore selling at a documented loss of AED 340,000, which represents approximately 12% below their total cost. This is a genuine, verified distress deal.
Handover is confirmed for August 2028. This gives the incoming buyer a clear timeline to plan for occupation or rental income. The exact handover date is to be confirmed with the latest Emaar update, as construction timelines may be subject to revision.
Ocean Cove is developed by Emaar Properties — Dubai's most prominent and internationally recognised real estate developer, publicly listed on the Dubai Financial Market (DFM). Emaar has an outstanding track record of delivering landmark projects on schedule including Downtown Dubai, Dubai Hills Estate, Dubai Marina, and multiple projects across the UAE and internationally.
This is a 2-bedroom corner apartment spanning 1,285 sq ft on a mid floor of Ocean Cove, Mina Rashid. The unit features a pool view, private balcony, and one covered parking space. The corner positioning provides dual-aspect light and views. Bathroom count and internal room-by-room specifications are available on request.
A corner unit is positioned at the corner of a floor plate, meaning it has windows and exterior walls on two sides rather than just one. This translates into more natural light, better cross-ventilation, and often dual-aspect views — in this case pool view on one side and a secondary view on the adjacent face. Corner units are consistently the most sought-after and most liquid apartment type within any residential building.
Yes. Mina Rashid is a designated freehold area in Dubai, allowing property ownership by all nationalities worldwide — both UAE residents and non-residents. There are no nationality restrictions on purchasing in Ocean Cove.
Ocean Cove offers building amenities including a swimming pool and pool deck, fully equipped gymnasium, children's play areas, lobby reception, and 24/7 security. The broader Mina Rashid community adds waterfront promenade access, over 430 yacht berths, marina and waterfront dining, and retail outlets. Full confirmed amenities specifications are available on request from Emaar Properties.
The buyer pays AED 2,490,000 to the current seller for the assignment. In addition, new Dubai Land Department registration fees apply on the assignment transfer. Emaar's NOC and assignment processing fee will also apply. Agency commission of 2% plus VAT is standard. The full breakdown of assignment costs and the outstanding payment schedule to Emaar from handover are available on request.
Waterfront communities in Dubai with marina lifestyle amenities and proximity to the airport and Downtown consistently deliver strong rental yields. A furnished 2-bedroom corner unit in Mina Rashid with pool view and balcony is expected to attract strong demand from corporate professionals, diplomatic tenants, and short-term holiday rental guests. Specific yield estimates and current comparable rental rates for Ocean Cove are available on request.
The detailed floor plan, Emaar brochure, payment schedule, outstanding installments, and all assignment documentation for this 2-bedroom corner unit in Ocean Cove, Mina Rashid are available on request. Please contact our team directly via phone, email, or WhatsApp to receive the complete information pack or to proceed with the assignment process.
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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| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
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.
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
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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