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Ocean Cove Building 2

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 2 is an off-plan residential development by Emaar Properties, located in Mina Rashid. The waterfront building will offer chic 1, 2 and 3-bedroom apartments, surrounded by lush greenery and just steps from a full-service marina. Each apartment will feature spacious layouts, generous wardrobe space and large balconies that showcase breathtaking views of the marina and city skyline.
It will be part of a two-tower complex with easy access to key city areas via Al Mina Street (D92). Ocean Cove Building 2 will feature exceptional amenities, including a state-of-the-art fitness centre, children's play area, sports courts and pools, all designed to meet the highest standards of luxury.

Amenities & Features

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

Payment Plan

10%
Down Payment
70%
During Construction
20%
On Handover

Property Details

Property TypeApartment
DeveloperEmaar
ProjectOcean Cove Building 2
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 146,080
Service Charges (Est)-AED 11,940
Net Annual IncomeAED 134,140
Net Annual ROI7.2% (after expenses)
Payback Period13.9 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 Khalifa6.6 km
Dubai Mall6.6 km
Dubai Airport (DXB)8.7 km
Mall of the Emirates17.2 km
Dubai Marina24.1 km