Project Overview
Starting Price
AED 1,600,000
Handover
Q3 - 2028
Status
New Development
Emirate
Dubai
Community
Rashid Yachts & Marina, Port Rashid
Location
Rashid Yachts & Marina, Port Rashid
Developer
Emaar Properties
Bedrooms
1, 2 & 3 BR
Currency
AED
About the Project
Ocean Cove Building 1
Ocean Cove Building 1 is a contemporary residential development by Emaar Properties, located in the prestigious Rashid Yachts & Marina community in Port Rashid, Bur Dubai, Dubai. Designed to offer an upscale waterfront lifestyle, the project combines modern architecture, elegant interiors, and practical living spaces within one of Dubai’s emerging marina destinations. With a planned height of 11 storeys, the building forms part of the Ocean Cove development, which comprises two residential buildings: Ocean Cove Building 1 and Ocean Cove Building 2. The development is designed for buyers seeking a combination of comfort, sophistication, and waterfront living. Its residences feature modern layouts, spacious interiors, and quality finishes intended to enhance everyday living. Surrounded by a vibrant marina community, Ocean Cove Building 1 offers an appealing residential environment for homeowners, professionals, families, and property investors looking to own an apartment in a well-established developer’s portfolio. Project Details and Property Information Ocean Cove Building 1 is developed by Emaar Properties, one of Dubai’s prominent real estate developers. The project is situated in Rashid Yachts & Marina, Port Rashid, within the Bur Dubai district. The advertised starting price is AED 1,600,000, making it an option for buyers interested in entering Dubai’s premium waterfront property market. The anticipated handover is scheduled for the third quarter of 2028 (Q3 2028), allowing buyers to plan their purchase around the expected completion timeline. The building comprises 11 residential floors and offers apartments with a range of layouts and sizes. The available property information indicates apartment areas ranging from approximately 796 to 1,308 square feet, equivalent to around 74.0 to 121.5 square metres. These homes are designed to provide functional living spaces while maintaining a contemporary aesthetic suitable for modern urban lifestyles. The development also benefits from access to shared amenities and lifestyle facilities planned within the wider Ocean Cove community. Contemporary Apartments with Elegant Interiors The apartments at Ocean Cove Building 1 are planned around modern design principles, with an emphasis on comfort, functionality, and attractive interior finishes. Contemporary architectural styling complements the waterfront setting, while thoughtfully arranged layouts are intended to make effective use of available space. Spacious living areas provide flexibility for relaxation, entertaining guests, and everyday family activities. The residences are positioned to appeal to buyers who appreciate stylish homes in a marina-oriented environment. Premium finishing elements, modern design details, and practical floor plans contribute to the development’s overall residential appeal. Whether purchased as a primary home, a second residence, or a long-term investment, these apartments offer an opportunity to experience a contemporary lifestyle in one of Dubai’s waterfront communities. Amenities and Lifestyle Facilities Residents of Ocean Cove Building 1 are expected to benefit from a selection of shared amenities within the Ocean Cove development. Planned facilities include swimming pools, a fully equipped gymnasium, outdoor fitness areas, and a tennis court, providing opportunities for exercise, recreation, and relaxation. Additional sports facilities and outdoor games areas are intended to support an active lifestyle for residents of different age groups. The wider community is also described as featuring landscaped parks, barbecue areas, outdoor gathering spaces, and designated areas for social interaction. Dining options, retail outlets, and leisure destinations are expected to contribute to a convenient community experience. These amenities are designed to complement the waterfront setting by bringing together recreation, wellness, outdoor activities, and social experiences in one residential environment. Buyers should confirm the final amenity schedule and availability with the developer or authorised sales representative. Prime Waterfront Location in Rashid Yachts & Marina Ocean Cove Building 1 is located in Rashid Yachts & Marina, Port Rashid, Bur Dubai, an area associated with Dubai’s maritime heritage and developing waterfront residential landscape. The location offers a combination of marina surroundings, urban connectivity, and access to important destinations across the city. Its position makes it worth considering for buyers who want to live near the water while remaining connected to Dubai’s commercial, retail, and entertainment districts. The surrounding area provides access to major road networks and established parts of Dubai, helping residents travel to business hubs, shopping destinations, and leisure attractions. The project’s setting within the broader Rashid Yachts & Marina community also offers the appeal of a waterfront lifestyle, with marina views and planned residential and leisure facilities forming part of the neighbourhood experience. Connectivity and Nearby Destinations Ocean Cove Building 1 benefits from its location in Port Rashid, with several of Dubai’s key destinations reachable by car. According to the supplied project information, Sheikh Zayed Road is approximately 10 minutes away, providing access to important commercial and residential areas across the city. Dubai International Airport is estimated to be around 15 minutes away, offering convenience for frequent travellers and international residents. Downtown Dubai, including the city’s prominent commercial and lifestyle destinations, is approximately 20 minutes away. Dubai Mall and Burj Khalifa are also estimated to be around 20 minutes away, providing access to major shopping, dining, and entertainment experiences. Dubai Creek Harbour is similarly listed at approximately 20 minutes away. These travel times are estimates and may vary depending on traffic conditions, the selected route, and the precise starting point within the development. Available Apartments and Pricing Ocean Cove Building 1 has an advertised starting price of AED 1,600,000, with the supplied availability information indicating six units across the listed apartment inventory. The stated size range is approximately 796 to 1,308 square feet, giving prospective buyers a choice of different apartment configurations, subject to current availability. Prices and layouts may vary depending on the specific unit, floor, view, and other property characteristics. One listed apartment measures 796 square feet, or approximately 74.0 square metres, and is priced at AED 1,600,000. This corresponds to an advertised rate of approximately AED 2,009 per square foot. A second apartment, also measuring 796 square feet (74.0 square metres), is listed at AED 1,950,000, equivalent to approximately AED 2,450 per square foot. A third listed apartment measures 797 square feet, also approximately 74.0 square metres, and is priced at AED 2,050,000, with an advertised rate of approximately AED 2,572 per square foot. These examples illustrate the range of advertised prices for similarly sized apartments within the development. The differences in pricing may reflect variations in unit positioning, views, floor level, or other features, although the specific reasons should be confirmed with the sales team. The complete inventory is indicated as six units, and interested buyers should request an updated availability list to review all current options, layouts, and prices. Investment Potential at Ocean Cove Building 1 Ocean Cove Building 1 may appeal to property investors seeking exposure to Dubai’s waterfront residential market. Its location in Rashid Yachts & Marina, association with Emaar Properties, and planned range of lifestyle amenities are factors that prospective buyers may consider when evaluating the development. Waterfront properties can attract interest from both residents and tenants who value marina surroundings, contemporary housing, and convenient access to urban destinations. The development may also be considered by investors looking for potential rental income and long-term capital appreciation. However, actual investment performance will depend on several factors, including the final purchase price, payment terms, service charges, market conditions, rental demand, competing developments, and the quality of the completed property. Neither rental returns nor future price growth are guaranteed, so buyers should assess the investment carefully and seek current market comparisons before making a decision. For end users, the project offers the prospect of living in a modern apartment within a waterfront community, with shared recreational facilities and access to Dubai’s wider urban amenities. For international purchasers, the development may provide an opportunity to explore Dubai residential property ownership, subject to the applicable ownership regulations and the terms of the specific unit. Why Consider Ocean Cove Building 1? Ocean Cove Building 1 brings together several features that may appeal to buyers looking for a contemporary apartment in Dubai. The development is backed by Emaar Properties, is planned within the Rashid Yachts & Marina waterfront community, and offers apartments starting at AED 1,600,000. Its anticipated Q3 2028 handover provides a future completion target for buyers considering an off-plan property purchase. The planned amenities, including swimming pools, fitness facilities, tennis and sports areas, landscaped outdoor spaces, and community gathering areas, are intended to support a balanced residential lifestyle. The location in Port Rashid also provides access to major destinations such as Dubai International Airport, Downtown Dubai, Dubai Mall, Burj Khalifa, and Dubai Creek Harbour, with estimated driving times varying according to traffic. With advertised apartment sizes ranging from 796 to 1,308 square feet, the development offers potential options for different residential requirements and budgets. Its combination of waterfront surroundings, modern design, and access to community facilities makes it a development worth exploring for both prospective homeowners and investors. Discover Ocean Cove Building 1 Apartments with BAYPOINT EXPERT TEAM Ocean Cove Building 1 presents an opportunity to explore contemporary waterfront living in Rashid Yachts & Marina, Dubai. With an advertised launch price from AED 1,600,000, an anticipated handover in Q3 2028, and access to the wider Ocean Cove community’s planned lifestyle facilities, the development offers a range of features for buyers considering a future home or property investment in Dubai. Contact BAYPOINT EXPERT TEAM to enquire about available apartments.
Buying Off-Plan with Baypoint
Pre-launch access · escrow review · handover support
Baypoint maintains a direct advisory relationship with Emaar Properties and can confirm unit availability, current floor plan pricing, and payment plan structure for Ocean Cove Building 1 faster than public portals reflect real-time inventory. Our advisors verify RERA escrow registration for every project before making a recommendation — confirming that buyer funds are held in a government-supervised account and released only at independently certified construction milestones. At handover, Baypoint coordinates the snagging inspection, flags any defects within the developer’s liability period, and connects investors with vetted property managers for immediate tenant sourcing and rent collection. For international buyers, Baypoint handles remote purchase documentation, Power of Attorney arrangements where required, and escrow payment management — making the full process manageable from any location. There is no fee to buyers: Baypoint is compensated directly by the developer.
Unit Types & Configurations
Click any unit type to enquire about pricing & floor plans
Amenities & Features
Swimming pools
Parks & leisure areas
Children's play areas
Retail outlets
Payment Plan
80% paid during construction - 20% upon completion.
10%
On Booking
70%
During Construction
20%
On Handover
* Payment plan is indicative. Final schedule confirmed upon booking.
Project Gallery
More from Emaar Properties
Other developments by this developer
Starting From
AED 1,600,000
Register Interest
Get floor plans, brochure & booking details





