Ocean Point 1 By Emaar in Mina Rashid
Ocean Point 1 By Emaar · Mina Rashid, Dubai
Get Directions
Launch Price
AED 2.18M
Property Type
Mixed-Use
Bedrooms
1 - 3 Beds
Payment Plan
10/80/10
Handover
Q2 2028
Projected Yield
5.3 to 7.4%
Ocean Point 1 By Emaar enters the Mina Rashid off-plan market as a multiple/other project with a starting price of AED 2.18M. A 10% booking payment secures the unit. Construction-phase instalments total 80%, with the remaining 10% due at handover scheduled for Q2 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
From AED 64,593/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 218,000 Due on signing SPA |
|
| During Construction | 80% | AED 64,593/mo 27 monthly instalments |
|
| On Handover | 10% | AED 218,000 Due at Q2 2028 |
|
| Total | AED 2,180,000 | ||
On Booking
10%
AED 218,000
Due on signing SPA
During Construction
80%
AED 64,593/mo
27 monthly instalments
On Handover
10%
AED 218,000
Due at Q2 2028
Total
100%
AED 2,180,000
Questions about Ocean Point 1 By Emaar
What payment plan does Ocean Point 1 By Emaar offer?
Ocean Point 1 By Emaar uses a 10/80/10 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 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 Point 1 By Emaar fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.