Home / Properties / Ocean Cove Building 1

Ocean Cove Building 1

Mina Rashid , Dubai

AED 1,760,000
≈ AED 1,760,000
Free Residency Visa
Construction Progress10%
Bedrooms
1
Size
796 sqft
Price/Sqft
AED 2,211
Developer

Description

Ocean Cove Building 1 is an off-plan development by Emaar Properties in Mina Rashid. The waterfront residential building will offer elegant 1, 2 and 3-bedroom apartments. With lush greenery and a full-service marina just steps away, the apartment building will provide a perfect blend of relaxation and sophistication.
Part of a two-tower complex, the upcoming development will provide easy accessibility to key areas of the city via Al Mina Street (D92). Immerse in the exceptional amenities at Ocean Cove Building 1, designed to meet the highest standards of luxury. These include the state-of-the-art fitness centre, kids’ play area, sports courts and pools.

Amenities & Features

Parking Spaces
Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden

Property Details

Property TypeApartment
DeveloperEmaar
ProjectOcean Cove Building 1
CommunityMina Rashid
CompletionOff-Plan - Q3 2028
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,760,000
DLD Fee (4%)AED 70,400
Trustee FeeAED 4,200
Agency (2%)AED 35,200
Total InvestmentAED 1,869,800

Expected Annual Returns

Expected Annual RentAED 121,440
Service Charges (Est)-AED 11,940
Net Annual IncomeAED 109,500
Net Annual ROI5.9% (after expenses)
Payback Period17.1 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa6.5 km
Dubai Mall6.5 km
Dubai Airport (DXB)8.7 km
Mall of the Emirates17.1 km
Dubai Marina24.1 km