AED 3,800,000

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.