The first 9 frames come from the seller’s own listing; the rest show the building and its grounds.
1 / 10
Rashid Yachts & Marina
OCEAN STAR - BUILDING 2
3 BR · Apartment
What the seller states
- View
- Community
- Balcony
- Yes
Details as stated by the seller for this specific unit — not characteristics of the building.
Payment plan
About the building
Located in Rashid Yachts & Marina.
Specifications for Ocean Star Building 2 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 →Questions and answers about lot NP2-262565
How much is this 3-bedroom apartment in OCEAN STAR - BUILDING 2?
Lot NP2-262565 is priced at AED 3 525 000, about $960 000. The size is 1 619 sq ft (150 m²), which works out at AED 2 177 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 3 883 244; it is now AED 3 525 000 — AED 358 244 less, or 9%.
Is this expensive or cheap for Mina Rashid?
The database holds 20 lots in Mina Rashid, starting from AED 1 536 000. The area median is AED 2 104 per sq ft; this lot, at AED 2 177, is 3% above it. 15 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Mina Rashid area guide →Is the property ready or still under construction?
The handover date in the listing is JULY 2028. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 141 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 525 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about OCEAN STAR - BUILDING 2?
The project has 80 units. The developer is Emaar. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: view — Community. The seller's wording is quoted as is.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP2-262565 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video
Video: OCEAN STAR - BUILDING 2
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Full reviews
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.
Ask on WhatsAppNearby in Mina Rashid
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram