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.
AED
When
Stage
Share
Amount
Now
Booking
5%
AED 88,000
Feb 2027
While it is built
4.2%
AED 73,333
May 2027
While it is built
4.2%
AED 73,333
Aug 2027
While it is built
4.2%
AED 73,333
Nov 2027
While it is built
4.2%
AED 73,333
Feb 2028
While it is built
4.2%
AED 73,333
May 2028
While it is built
4.2%
AED 73,333
Aug 2028
Keys
70%
AED 1,232,000
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 to AED 2,201 per sq ft
18 sales
AED 2,201 to AED 2,401 per sq ft
13 sales
This project's from price is in this band.
AED 2,401 to AED 2,600 per sq ft
11 sales
AED 2,600 to AED 2,800 per sq ft
49 sales
AED 2,800 to AED 3,000 per sq ft
122 sales
AED 3,000 to AED 3,199 per sq ft
13 sales
AED 3,199 to AED 3,399 per sq ft
2 sales
AED 3,399 to AED 3,599 per sq ft
6 sales
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 tableShow as chart
Price per sq ft
Sales
AED 2,001 to AED 2,201 per sq ft
18
AED 2,201 to AED 2,401 per sq ft
13
AED 2,401 to AED 2,600 per sq ft
11
AED 2,600 to AED 2,800 per sq ft
49
AED 2,800 to AED 3,000 per sq ft
122
AED 3,000 to AED 3,199 per sq ft
13
AED 3,199 to AED 3,399 per sq ft
2
AED 3,399 to AED 3,599 per sq ft
6
The 3 closest sales
Picked from the 234 similar sales above, closest in size to this project's smallest home.
May 2026AED 2,000,000AED 2,538 per sq ftOcean Point - Building 1, 788 sq ft
Mar 2026AED 1,755,888AED 2,228 per sq ftOcean Point - Building 1, 788 sq ft
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.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,760,000 here
Off-plan medianAED 2,411,000AED 3,044 per sq ft
Sales1,736
23% below 234 similar sales
2-bed apartment
Off-plan medianAED 4,058,000AED 2,891 per sq ft
Sales797
3-bed apartment
Off-plan medianAED 6,019,000AED 3,139 per sq ft
Sales188
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
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.