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  • Emaar Ocean Cove Mina Rashid, image 1

Emaar Ocean Cove Mina Rashid, Rashid Yachts and Marina: photos

Off-planKeys Aug 2028

Emaar Ocean Cove Mina Rashid

New homes in Rashid Yachts and Marina, by Emaar Properties

New homes in Emaar Ocean Cove Mina Rashid start at AED 1,760,000; keys are due Aug 2028; you pay 5% to book, 25% while it is built and 70% at the keys.

In the 12 months to Oct 19, 2026, Dubai Land Department recorded 234 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Mina Rashid. Their median price is AED 2,895 per sq ft (about AED 2,276,000 at 786 sq ft). This project's from price is AED 2,239 per sq ft (AED 1,760,000 for its smallest home, 786 sq ft), 23% less.

Keys
Aug 2028
The developer's handover date
Payment plan
5 / 25 / 70
5% to book, 25% while it is built, 70% at the keys
Bedrooms
1 to 3 beds
Sizes
786 to 1,853 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

Dubai Land Department register

From price per sq ft
AED 2,239 per sq ft
Similar off-plan homes: AED 2,895 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.

Paying for it

You pay 5% when you book, 25% as the building goes up, and 70% when you get the keys.

WhenStageShareAmount
NowBooking5%AED 88,000
Feb 2027While it is built4.2%AED 73,333
May 2027While it is built4.2%AED 73,333
Aug 2027While it is built4.2%AED 73,333
Nov 2027While it is built4.2%AED 73,333
Feb 2028While it is built4.2%AED 73,333
May 2028While it is built4.2%AED 73,333
Aug 2028Keys70%AED 1,232,000
By Nov 2027 you will have paid AED 381,333, 21.7% of the price.Still to pay: AED 1,378,667.
Booking payment, 5%
AED 88,000
Dubai Land Department fee (Oqood), 4%
AED 70,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 158,400
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Emaar Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

Dubai Land Department recorded 234 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Mina Rashid, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Mina Rashid, as this project isn't on the Dubai Land Department register yet or has too few sales.

Dubai Land Department recorded 234 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Mina Rashid, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 2,895 per sq ft

AED 2,001 per sq ftAED 3,599 per sq ft

This project AED 2,239 per sq ft

Half of the sales sold for AED 2,725 to AED 2,949 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 2,001 to AED 2,201 per sq ft18
AED 2,201 to AED 2,401 per sq ft13
AED 2,401 to AED 2,600 per sq ft11
AED 2,600 to AED 2,800 per sq ft49
AED 2,800 to AED 3,000 per sq ft122
AED 3,000 to AED 3,199 per sq ft13
AED 3,199 to AED 3,399 per sq ft2
AED 3,399 to AED 3,599 per sq ft6

The 3 closest sales

Picked from the 234 similar sales above, closest in size to this project's smallest home.

  1. May 2026AED 2,000,000AED 2,538 per sq ftOcean Point - Building 1, 788 sq ft
  2. Mar 2026AED 1,755,888AED 2,228 per sq ftOcean Point - Building 1, 788 sq ft
  3. Mar 2026AED 1,772,888AED 2,248 per sq ftOcean Point - Building 1, 789 sq ft

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Rashid Yachts and Marina in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
1-bed apartmentFrom AED 1,760,000 hereOff-plan medianAED 2,411,000AED 3,044 per sq ftSales1,73623% below 234 similar sales
2-bed apartmentOff-plan medianAED 4,058,000AED 2,891 per sq ftSales797
3-bed apartmentOff-plan medianAED 6,019,000AED 3,139 per sq ftSales188

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price
4.3%
Median rent of 1-bed apartments in Rashid Yachts and Marina
AED 74,999 a year
Rent contracts counted
186
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 74,999 a year
2-bed apartment
AED 106,999 a year
3-bed apartment
AED 143,999 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 74,999 ÷ AED 1,760,000 = 4.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Al Ras Metro Station2.5 km, 5 min driveMetro station
  • Deira Islands Beach3.2 km, 6 min driveBeach
  • New academy school3.9 km, 8 min driveSchool
  • GEMS Winchester School6.8 km, 13 min driveBritish school
  • Jumeirah Baccalaureate School7.5 km, 15 min driveIB school
  • The Indian High School6.3 km, 12 min driveIndian school
  • City Centre Al Shindagha2.6 km, 5 min driveMall
  • Aster Medical Centre (Aster Jubilee Medical Complex)3.3 km, 6 min driveHospital
  • Dubai World Trade Centre6.9 km, 13 min driveOffices

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Emaar Ocean Cove Mina Rashid

Emaar Ocean Cove Mina Rashid, by Emaar Properties, offers one- to three-bedroom apartments in Rashid Yachts and Marina from AED 1,760,000, with handover listed for August 2028. 30% of the price is due before handover, and the from price is about 23% below 234 similar one-bedroom sales in Mina Rashid.

You pay 5% on booking, 25% during construction and 70% at handover. At the from price that is AED 88,000 on booking, AED 440,000 during construction and AED 1,232,000 at handover in August 2028. Separately, the 4% DLD fee comes to AED 70,400; ask when it is due.

The from price is about 23% below 234 similar one-bedroom sales in Mina Rashid (12 months to October 2026). These are area sales registered with the Dubai Land Department. Check which unit, floor and view the from price buys.

The listing gives one- to three-bedroom apartments of 786 to 1,853 sq ft. The developer's own list mentions studios, one- and two-bedroom units instead, so confirm which types are on sale and check the floor plans. Shared facilities include a gym, a pool, a kids' pool and play area, and covered parking, and the developer describes a full-service marina. The home is freehold, and the listed handover is about 21 months away.

A clinic is about 1.2 km away, a 2-minute drive. Al Ras Metro Station is about 2.5 km away, about 5 minutes by car, and Deira Islands Beach about 3.2 km. The Indian High School is about 12 minutes' drive and GEMS Winchester School about 13. Dubai World Trade Centre is about 13 minutes by car and La Mer about 14.

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

  • Studio
  • 1 BR
  • 2 BR

Emaar Ocean Cove Mina Rashid: floor plans

How prices moved

Median price of 1-bed apartments in Rashid Yachts and Marina, over the 12 months to each dateUp 28% from Dec 2024 to Sep 2026.

Dec 2024AED 2,384 per sq ft

Sep 2026AED 3,044 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 3,044 per sq ft1,736 sales
Jun 2026AED 3,050 per sq ft2,609 sales
Mar 2026AED 3,035 per sq ft2,794 sales
Dec 2025AED 2,981 per sq ft2,884 sales
Sep 2025AED 2,888 per sq ft2,386 sales
Jun 2025AED 2,545 per sq ft1,824 sales
Mar 2025AED 2,435 per sq ft1,777 sales
Dec 2024AED 2,384 per sq ft2,092 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

How much do I pay before handover?

30% of the price: AED 88,000 on booking and AED 440,000 during construction at the from price. The other AED 1,232,000 is due at handover.

Is the from price below similar sales?

It is about 23% below 234 similar one-bedroom sales in Mina Rashid (12 months to October 2026).

Are studios available?

The listing gives one to three bedrooms, from 786 to 1,853 sq ft, but the developer also mentions studios. Confirm the unit types on sale.

When is handover?

The listed handover is August 2028, about 21 months from now. Ask Emaar for a construction update before you book.

How close is the metro?

Al Ras Metro Station is about 2.5 km away, about 5 minutes by car.

Can foreigners buy here?

Yes. Ocean Cove is listed as freehold, so foreign buyers can own outright.

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