What is the price of Ocean Cove?

Ocean Cove is priced from AED 1.76M in Mina Rashid, Dubai.

What is the payment plan for Ocean Cove?

Ocean Cove offers a 10/70/20 payment plan with handover expected Q3 2028.

What rental yield does Ocean Cove offer?

Projected gross rental yield for Ocean Cove is 5.3 to 7.4% annually.

When is Ocean Cove handover?

Ocean Cove is scheduled for handover in Q3 2028 in Mina Rashid, Dubai.

Can foreigners buy Ocean Cove?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

Dubai Coastal Growth · Dubai

Ocean Cove in Mina Rashid

Launch Price

AED 1.76M

Property Type

Apartment

Bedrooms

1 - 3 Beds

Payment Plan

10/70/20

Handover

Q3 2028

Projected Yield

5.3 to 7.4%

Ocean Cove is bringing 1 - 3 beds off-plan apartments to Mina Rashid in Dubai, priced from AED 1.76M. A 10% booking payment secures the unit. Construction-phase instalments total 70%, with the remaining 20% due at handover scheduled for Q3 2028. The regenerating coastline here supports both short and long-term rental demand, reflected in projected gross yields in the 5.3 to 7.4% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 41,067. No mortgage or bank approval required.

Phase	%	Amount
On Booking	10%	AED 176,000 Due on signing SPA
During Construction	70%	AED 41,067/mo 30 months
On Handover	20%	AED 352,000 Due at Q3 2028
Total	100%	AED 1,760,000

Questions about Ocean Cove

What payment plan does Ocean Cove offer?+

Ocean Cove uses a 10/70/20 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q3 2028.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Ocean Cove fits your budget and send you comparable alternatives.

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