Urgent Sale | 12.4% Below OP | 2 BR in Ocean Cove Building 1
Ocean Cove Building 1, Mina Rashid, Dubai
1 / 9Developer
Emaar
Project
Ocean Cove Building 1
Category
Residential
Type
Apartment, Urgent Sale
Status
Under construction
Completion
2027-10-01
Launch price
2,480,000 AED
Listed
10 Oct 2026
Government fee
4%
Payment plan & pricing
Payment plan
- 1Payment to seller: AED 1 391 646
- 2DLD Transfer fee (4% of OP + 40 AED): AED 108 876
- 3Trustee Office Fee: AED 5 250
- 4Buyer’s Agency Commission (2%+VAT): AED 52 080
- 540% Construction: AED 272 089
- 660% Construction: AED 272 089
- 7On Handover: AED 544 176
- 8TOTAL COSTS FOR BUYER: AED 2 646 206
Apartment
| Unit type | Area | Starting price | |
|---|---|---|---|
| 2 Bedroom | 1,285 sqft | from2,480,000 AED | Inquire |
Urgent Sale Properties in Dubai & UAE
Explore a selection of urgent sale opportunities across all property types, including apartments, villas, townhouses, commercial properties, plots, and other real estate assets.
The properties featured in this section are offered within the secondary market and may include both ready properties and off-plan properties currently under construction. These opportunities typically arise when property owners are motivated to sell within a shorter timeframe due to personal, financial, investment, or other circumstances.
As a result, some properties may be offered at highly competitive prices, potentially below the owner’s original purchase price or below the prevailing market value, depending on the individual property, payment status, market conditions, and seller’s circumstances.
For investors and buyers, urgent sale opportunities may provide access to attractive properties that are not always available at standard market pricing. However, every opportunity should be evaluated individually based on its current market value, outstanding payment obligations, construction status, transfer conditions, and other applicable terms.
Important Notice
The properties displayed in this section represent an informational inventory of potential urgent sale opportunities and are provided for general reference only.
Property prices, availability, payment details, construction status, and other information may change at any time without prior notice. Due to the nature of the secondary market and urgent sales, a listed property may already be reserved, sold, withdrawn, or have its price or terms changed before the listing is updated.
Any reference to a property being priced below purchase price, below original price, or below market value should be independently verified at the time of enquiry and does not constitute a guaranteed valuation, investment return, or financial advice.
For the latest availability, confirmed asking price, complete property details, payment status, and transaction terms, please contact our team directly. Our property consultants will verify the current status with the owner and provide you with the most up-to-date information available.
About this Unit:
DISTRESS DEAL: 2-BR IN OCEAN COVE - BUILDING 1
Project – Ocean Cove - Building 1
Developer – Emaar
Area – Rashid Yachts & Marina
Type – Apartment
Bedrooms – 2-BR
Size – 1,285 sq.ft
Floor – (2-5)
View – Pool
Balcony – ✔
Handover – Q4 2027
💰SELLING PRICE:
Original Price + DLD 4%: AED 2,829,724
Selling price: AED 2,480,000
Discount: AED 349,724 (12,4%)
📑PAYMENT PLAN (AED)
UNIT PRICE: AED 2 480 000
Payments on Transfer:
Payment to seller: AED 1 391 646
DLD Transfer fee (4% of OP + 40 AED): AED 108 876
Trustee Office Fee: AED 5 250
Buyer’s Agency Commission (2%+VAT): AED 52 080
Payment Plan:
40% Construction: AED 272 089
60% Construction: AED 272 089
On Handover: AED 544 176
Total on Transfer: AED 1 557 852
Total Remaining Payment Plan: AED 1 088 354
TOTAL COSTS FOR BUYER: AED 2 646 206
About this project
Discover an exceptional urgent sale opportunity in Ocean Cove Building 1 by Emaar, located in Rashid Yachts & Marina, Mina Rashid, Dubai. This spacious 2-bedroom apartment spans 1,285 sq ft and features beautiful pool views, a private balcony, and a desirable low-floor location between the 2nd and 5th floors. Priced at AED 2,480,000, approximately 12.4% below the original purchase cost including DLD fees, this premium waterfront residence presents an attractive opportunity for homebuyers and property investors seeking luxury marina living in Dubai. Expected handover is Q4 2027.
Ocean Cove Building 1, Mina Rashid, Dubai