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Mina Rashid

Ocean Cove

2 BR · Apartment

About the building

Located in Rashid Yachts & Marina. Developer — Emaar Properties.

Specifications for Ocean Cove per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Where it is

Mina Rashid

The old Port Rashid, being converted by Emaar into a waterfront district with a superyacht marina and the QE2 in the harbour.

  • central waterfront at a discount
  • ten-year regeneration holds
  • Emaar delivery

What to check: Check what is planned on the plots between your building and the water. In a phased waterfront masterplan, a front-row position today can become second row once the next phase completes.

Full district guide →
Video

Video: Ocean Cove

Reviews from the English YouTube channel — each one with a written breakdown on this site.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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