2 Bedroom Corner Apartment for Sale in Ocean Cove, Emaar Mina Rashid, Dubai — Distress Below Cost

Pool View | Mid Floor | Corner Unit | Balcony | AED 2,490,000 vs Total Cost AED 2,830,000 | Handover August 2028

A genuine distress opportunity in one of Emaar’s most anticipated waterfront communities — a 2-bedroom corner unit with pool view in Ocean Cove, Mina Rashid, Dubai. The seller is exiting at AED 2,490,000, a price that is AED 340,000 below their total committed cost of AED 2,830,000 inclusive of the original purchase price and Dubai Land Department fees. This is a mid-floor, 1,285 sq ft corner apartment with a balcony, pool view, and one included parking space, delivering a rare combination of premium positioning, generous size, and verified distress pricing in an Emaar-developed waterfront address. Handover is confirmed for August 2028. With Emaar’s unrivalled delivery track record and Mina Rashid’s growing status as Dubai’s next iconic marina destination, this listing represents a compelling entry point at a cost the seller cannot recover.

Property Highlights

• Project: Ocean Cove, Emaar Mina Rashid, Dubai
• Developer: Emaar Properties
• Unit Type: 2 Bedroom Apartment — Corner Unit
• Size: 1,285 sq ft
• Floor: Mid floor
• View: Pool view
• Outdoor: Balcony
• Parking: 1 covered space
• Handover: August 2028
• Original Price + DLD: AED 2,830,000
• Distress Price: AED 2,490,000
• Saving: AED 340,000 below seller’s total cost
• Bathrooms: Available on request
• Property Status: Off-Plan — Distress Assignment

About Ocean Cove — Emaar Mina Rashid

Ocean Cove is a residential apartment building within Emaar’s Mina Rashid development — one of Dubai’s most ambitious and eagerly anticipated waterfront master communities. Mina Rashid, also known as Rashid Yachts and Marina, is positioned at the historic Port of Rashid and is being transformed by Emaar into a landmark waterfront destination featuring over 430 yacht berths, a marina promenade, residential towers, waterfront dining, retail, and hospitality. Ocean Cove delivers contemporary residential apartments designed to take full advantage of Mina Rashid’s waterfront setting, with pool and marina views, resort-style amenities, and the quality specifications synonymous with the Emaar brand. The development positions itself as a lifestyle address — connecting residents to Dubai’s historic waterfront heritage while providing modern urban convenience.

Community and Lifestyle

• Emaar Mina Rashid — Dubai’s premium marina and yacht lifestyle destination
• Over 430 yacht berths in a world-class marina setting
• Waterfront promenade with dining, retail, and leisure
• Resort-style pool and amenity deck
• Proximity to Dubai Creek, Gold Souk, and Old Dubai cultural destinations
• Strong corporate and professional rental demand from Bur Dubai and Deira corridor
• Short-term holiday rental appeal driven by marina lifestyle and proximity to the city
• Emaar Properties — Dubai’s most trusted developer with an outstanding delivery record

Amenities

• Swimming pool and pool deck
• Fully equipped gymnasium
• Waterfront promenade access
• Marina and yacht berth views
• Retail and dining within the community
• Children’s play areas
• 24/7 security and lobby reception
• Covered parking
• Landscaped community spaces
• Full confirmed amenities list available on request from Emaar

Layout and Floor Plan

This 2-bedroom corner unit in Ocean Cove, Mina Rashid spans 1,285 sq ft on a mid floor — a spacious footprint for a 2-bedroom apartment in Dubai’s waterfront market. The corner positioning delivers a dual-aspect layout, meaning the unit benefits from windows and light on two sides rather than one, maximising natural light and airflow throughout the apartment. The pool view from the living area or bedrooms is complemented by a private balcony — a sought-after outdoor space rare in many Dubai apartments of this price range. The unit includes one covered parking space. Detailed floor plan for this 2-bedroom corner unit in Ocean Cove, Mina Rashid is available on request.

Payment Plan and Handover

This is an off-plan assignment in Ocean Cove, Emaar Mina Rashid with handover confirmed for August 2028. The current seller’s total committed cost was AED 2,830,000 — comprising the original purchase price plus Dubai Land Department fees (4%). The seller is exiting this position at AED 2,490,000, a loss of AED 340,000 below their total out-of-pocket commitment. The buyer assumes the remaining payment plan obligations to Emaar. Full payment plan schedule, amount paid to date, remaining installments before handover, and Emaar assignment process details are available on request. Emaar NOC and assignment processing fees may apply. New DLD registration fees are applicable on assignment.

Location and Connectivity

• Community: Ocean Cove, Emaar Mina Rashid, Port of Rashid, Dubai
• Key Roads: Sheikh Zayed Road (E11), Al Maktoum Road, Al Mina Road
• Dubai International Airport (DXB): Approximately 15–20 minutes by car
• Downtown Dubai / Burj Khalifa: Approximately 15–20 minutes by car
• The Dubai Mall: Approximately 15–20 minutes by car
• DIFC: Approximately 15–20 minutes by car
• Dubai Frame: Approximately 10–15 minutes by car
• Dubai Creek / Gold Souk: Approximately 10–15 minutes by car
• Bur Dubai / Deira: Approximately 10–15 minutes by car
• Dubai Marina: Approximately 25–30 minutes by car

Why This Ocean Cove Distress Listing Makes Strong Investment Sense

• AED 340,000 below the seller’s total cost — a verified financial loss for the current owner
• Corner unit with pool view and balcony — premium specifications within the building
• 1,285 sq ft is above-average size for a 2BR in this price range in Dubai
• Emaar Properties — the most delivery-reliable developer in the UAE market
• Mina Rashid is an evolving waterfront destination with growing long-term capital appeal
• August 2028 handover — clear timeline with limited construction period remaining
• Proximity to Dubai Airport and Downtown creates sustained rental demand
• Waterfront marina communities consistently outperform the wider Dubai apartment market
• Freehold ownership available to all nationalities

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