Ocean Star in Mina Rashid
Ocean Star · Mina Rashid, Dubai
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Launch Price
AED 2.23M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/80/10
Handover
Q1 2028
Projected Yield
5.3 to 7.4%
With 1 - 3 beds layouts and a starting price of AED 2.23M, Ocean Star enters the Mina Rashid off-plan market. The payment plan is 10/80/10: 10% secures the unit, 80% is paid during construction, and 10% falls due at handover in Q1 2028. Coastal regeneration in this Dubai corridor has lifted rental values, with projected gross yields running 5.3 to 7.4%. MonthlyDubai can match you with Ocean Star and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 74,167/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 222,500 Due on signing SPA |
|
| During Construction | 80% | AED 74,167/mo 24 monthly instalments |
|
| On Handover | 10% | AED 222,500 Due at Q1 2028 |
|
| Total | AED 2,225,000 | ||
On Booking
10%
AED 222,500
Due on signing SPA
During Construction
80%
AED 74,167/mo
24 monthly instalments
On Handover
10%
AED 222,500
Due at Q1 2028
Total
100%
AED 2,225,000
Questions about Ocean Star
What payment plan does Ocean Star offer?
Ocean Star uses a 10/80/10 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q1 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 Star fits your budget and send you comparable alternatives.
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