AED 3,800,000
Mina Rashid
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Ocean Cove 3BR Apartment in Low floor — Below Original Price, 12% Below OP
Ocean Cove at Mina Rashid is a waterfront residential community developed by Emaar. This three-bedroom apartment sits on a low floor with direct pool views, spanning 1,833 sq ft across a well-proportioned layout. The unit is offered as a genuine distress deal, listed at 500,000 AED below its original purchase price — an uncommon entry point in a project where resale inventory remains tight.
For buyers seeking waterfront living at a meaningful discount to what earlier investors paid, or for investors looking to acquire below the original price curve, this unit presents a clear and time-sensitive opportunity.
Unit Features:
– 3-bedroom apartment
– 3 bathrooms
– 1,833 sq ft / 170 sq m
– Low floor
– Pool view
– Ready resale unit
– Distress deal below original price
Complex Amenities:
– Waterfront promenade access
– Swimming pool
– Landscaped podium deck
– Fitness facilities
– Retail and dining at base
Architecture & Concept:
Ocean Cove is designed around a nautical aesthetic, drawing on Mina Rashid’s historic port identity. The facades and communal spaces reference maritime forms while maintaining a contemporary residential finish. Residences are oriented to maximise water and pool-facing outlooks across the low and mid-rise blocks.
About the Developer:
Ocean Cove is an Emaar Properties development, one of the UAE’s most recognised and trusted master developers with a decades-long track record across Dubai.
Location & Benefits:
– Mina Rashid, Dubai maritime district
– Minutes to Dubai Creek and Deira
– Close to Dubai Festival City and Downtown Dubai
– Access to Sheikh Zayed Road and key arterials
– Waterfront address with strong rental tenant appeal
– Established and developing surrounding infrastructure
Investment Appeal:
– Strong rental demand from waterfront lifestyle seekers
– Limited resale supply in this community keeps liquidity healthy
– Emaar-backed project supports long-term capital appreciation
– Entry below original purchase price offers immediate value advantage
– Waterfront assets historically outperform inland equivalents on resale
Frequently Asked Questions:
Q: Is this unit ready for immediate transfer?
A: Yes, this is a resale unit and can proceed to transfer subject to standard DLD requirements.
Q: Why is the unit priced below its original purchase price?
A: The seller requires a swift exit, which has created this below-market opportunity for a ready buyer.
Q: Does the pool view remain unobstructed at a low floor?
A: Based on the building’s podium layout, the pool-facing orientation is maintained from the lower floors.
To find out more or to arrange a viewing, please use the enquiry form on this page.
Payment plan
Property information
Building Information
EMAAR “Ocean Cove”
Amenities
- Covered Parking
- Dining outlets (coffee houses & restaurants)
- Landscaped garden
- Leisure areas
- Recreational areas
- Retail outlets
- Shared Pool
- Shared gym & fitness
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