Ocean Cove

By Emaar Properties in Rashid Yachts & Marina, Dubai

Price from
AED 3,229,888
about £662K or $879K
Payment plan
10/70/20
80% before handover
Handover
Q3 2028
Status
Under construction

Payment plan

10/70/20

80% due before handover

  1. Down paymentAt booking10%
  2. During constructionInstalments to completion70%
  3. On handoverQ3 202820%
  4. Paid before handover80%

Launch plan as listed by Property Finder. Instalments already called may be due on signing.

Prices are on request, so the plan is shown in percentages.

For Ocean Cove

Homes and prices

Ocean Cove offers 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

The headline price of AED 3,229,888 is the published starting price for Ocean Cove as a whole. Prices by home type are on request. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 1 to 3 bed
  • 795 to 1,798 sq ft
  • Freehold
Location
Rashid Yachts & Marina, Dubai
Sales launched
October 2024
Buildings
2
Golden Visa
Prices reach the AED 2 million threshold

Overview

Two Emaar apartment buildings at Rashid Yachts & Marina, launched October 2024 for Q3 2028. Emaar listed two units, 1,308 to 1,853 sq ft, from AED 3,229,888 on 13 November 2026.

Ocean Cove is a two-building apartment project by Emaar at Rashid Yachts & Marina. Bookings opened at the end of October 2024. Property Finder recorded construction at 9.57% on 8 December 2025 and gives expected completion in August 2028.

Property Finder gives one-bedroom units of 795 to 844 sq ft, two-bedroom units of 1,151 to 1,416 sq ft and three-bedroom units of 1,657 to 1,798 sq ft. Emaar's launch price was AED 1.76 million. On 13 November 2026 its inventory showed two units left, from AED 3,229,888, with sizes of 1,308 to 1,853 sq ft, which points to two- and three-bedroom layouts. Emaar lists an infinity pool, gardens, a gym and a children's play area.

The launch plan on Property Finder is 10% on booking, 70% during construction and 20% on handover.

Who it suits: a buyer who wants a larger apartment at Rashid Yachts & Marina from the developer, with handover planned for 2028. What to weigh: Property Finder's progress figure of under 10% at the end of 2025 leaves a tight timeline for an August 2028 completion. Ask Emaar for a current progress update, and compare the price with resale units in the same buildings.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry price at Ocean CoveAED 3,229,888
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 129,196
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 3,360,104about £689K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

At Rashid Yachts & Marina. Property Finder gives about 10 minutes to Sheikh Zayed Road, 15 minutes to Dubai International Airport and 20 minutes to The Dubai Mall.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Sheikh Zayed Road
10 min
Dubai International Airport
15 min
The Dubai Mall
20 min

Approximate drive times in normal traffic.

About Rashid Yachts & Marina

  • Marina with 400 wet berths and capacity for yachts up to 100 metres (Emaar)
  • Low- and mid-rise buildings, so more homes keep an open view
  • Emaar as single master developer
  • About 15 minutes from Dubai International Airport and 20 from Downtown Dubai (Emaar)

Rashid Yachts & Marina area guide

Amenities

  • Infinity pool
  • Gardens
  • Gym
  • Children's play area
  • Waterfront promenade

Developer: Emaar Properties

Dubai's largest listed developer, behind Burj Khalifa, The Dubai Mall and master communities such as Downtown Dubai and Dubai Hills Estate.

Founded
1997
Headquarters
Dubai, UAE
Ownership
Listed on the Dubai Financial Market (DFM: EMAAR). Dubai Holding has been the largest shareholder, with 29.73%, since May 2026.

Emaar Properties profile and track record

Adviser's view

What works

  • Larger two- and three-bedroom layouts remain with the developer.
  • Handover targeted for Q3 2028.
  • Marina community close to Port Rashid and the old city.

What to weigh

  • Only two units were on Emaar's inventory on 13 November 2026.
  • Construction was under 10% at the end of 2025 on Property Finder's record; ask for a current update.
  • Resale units in the same buildings compete on price.

Questions buyers ask

Is Emaar still selling at Ocean Cove?

Emaar's inventory showed two units on 13 November 2026, from AED 3,229,888, sized 1,308 to 1,853 sq ft.

When will Ocean Cove be completed?

Property Finder gives expected completion in August 2028 (Q3 2028).

How much do homes at Ocean Cove cost?

Prices at Ocean Cove start from AED 3,229,888 (published figures, checked 13 November 2026). Developers reprice as phases sell, so ask for the current list before budgeting.

What is the payment plan at Ocean Cove?

The published plan is 10/70/20: 10% down payment, 70% during construction and 20% on handover. That means 80% of the price is paid before the keys are handed over.

Who is the developer of Ocean Cove?

Ocean Cove is being developed by Emaar Properties. About Emaar Properties: Dubai's largest listed developer, behind Burj Khalifa, The Dubai Mall and master communities such as Downtown Dubai and Dubai Hills Estate.

Can foreigners buy at Ocean Cove?

Yes. Rashid Yachts & Marina is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at Ocean Cove qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Ocean Cove, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

What fees are payable on top of the price at Ocean Cove?

The main cost is the DLD transfer fee (4%). On the entry price of AED 3,229,888 that comes to about AED 129,196, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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