Ocean Cove By Emaar Properties In Rashid Yachts & Marina, Dubai

ocean cove by emaar properties

Ocean Cove by Emaar Properties is located in the highly desirable community of Mina Rashid. This project offers grand 1 to 3-bedroom apartments, where every corner is designed menticlously. These apartments have private balconies, laundry rooms, and spacious layouts. Project’s 3-bedroom apartments also features utility rooms, providing added convenience for larger families.

Ocean Cove Dubai is a prime address where you can find modern sophistication with premium finishes and smart use of space in interiors, making everyday live convenient. Such features includes airy living areas willed with natural light to bedrooms. These apartments consist of sizes from 786 sq. ft to 1,853 sq. ft.

While Ocean Cove at Mini Rashid focuses on luxurious amenities, it offers plenty of facilities to be enjoyed by residents. These facilities includes fabulous swimming pool, modern gym, and superbly landscaped gardens to enjoy for relaxation and fitness activities. Younger residents can also find play area, offering fun with safety.

Ocean Cove Dubai also features direct beachfront access to the vibrant waterfront promenade, where residents can enjoy retail and dining experiences. On the other hand, Rashid Yachts and Marina itself offers many spots for entertainment including Dubai’s longest canal pool and lovely boardwalk that creates an unforgettable lifestyle by the water.

About Location
Rashid Yachts & Marina in Dubai

Ocean Cove Dubai is located at the prestigious location of Rashid Yachts & Marina, making it perfectly placed for all key locality areas of the city. It will take about 20 minutes to get into Downtown Dubai and DIFC, ensuring you are always close to what is best in the city.

For daily convenience, residents of Ocean Cove by Emaar Properties are close to basic amenities like schools, hospitals, and supermarkets. Landmarks nearby like Al Shindagha Museum and Heritage Village adds depth in culture, making it a good place for families and investors.

Strategic location of Ocean Cove at Mina Rashid adds investment appeal for buyers. Property values here are guaranteed to upsurge steadily with the project's proximity to major hubs and leisure spots. A luxury marina setting, combined with the already established thriving real estate market in Dubai, makes this project one of the greatest investment opportunities for real estate buyers.

The added advantage of eligibility for a 2- or 10-year visa for investors and families makes Ocean Cove Dubai a perfect option, not just for a new home but also the gateway to elevated lifestyle opportunities within the city of Dubai. The opportunity offers both personal fulfillment and strong financial returns.

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.

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deluxe 1-3 br apartments in ocean cove by emaar properties

Swimming pool

Gym

Green Area

Sport Facilities