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Under constructionEmaarRef MP-39791

Urgent Sale | 12.4% Below OP | 2 BR in Ocean Cove Building 1

Ocean Cove Building 1, Mina Rashid, Dubai

Urgent Sale | 12.4% Below OP | 2 BR in Ocean Cove Building 1 photo 11 / 9

Developer

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

  1. 1Payment to seller: AED 1 391 646
  2. 2DLD Transfer fee (4% of OP + 40 AED): AED 108 876
  3. 3Trustee Office Fee: AED 5 250
  4. 4Buyer’s Agency Commission (2%+VAT): AED 52 080
  5. 540% Construction: AED 272 089
  6. 660% Construction: AED 272 089
  7. 7On Handover: AED 544 176
  8. 8TOTAL COSTS FOR BUYER: AED 2 646 206

Apartment

Unit typeAreaStarting price
2 Bedroom1,285 sqftfrom2,480,000 AEDInquire

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:

  1. Payment to seller: AED 1 391 646

  2. DLD Transfer fee (4% of OP + 40 AED): AED 108 876

  3. Trustee Office Fee: AED 5 250

  4. 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.

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Ocean Cove Building 1, Mina Rashid, Dubai

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