Ocean Cove Property Development By Emaar Properties

Last Updated on: 4th November 2024, 01:02 pm

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Ocean Cove, developed by Emaar Properties, stands as an exemplary venture in the realm of luxury real estate, ideally located amidst the stunning landscapes of Dubai. This upscale residential community offers a unique living experience defined by its direct access to the Arabian Gulf, captivating the senses and enhancing everyday life. With a diverse selection of 1-, 2-, and 3-bedroom apartments starting from 1.76 million AED, Ocean Cove is tailored to meet the discerning tastes of today’s homeowners seeking comfort and luxury¹. Emaar Properties has built a stellar reputation over the years, becoming synonymous with quality and sophistication in the global real estate market. Through Ocean Cove, the developer aims to redefine coastal living, offering an enviable mix of urban convenience and serene waterfront allure.

Key Takeaways

• Ocean Cove features 1-, 2-, and 3-bedroom apartments with a starting price of 1.76 million AED.
• Located in Rashid Yachts & Marina, a global yacht destination in Dubai.
• The development includes top-tier amenities such as an infinity pool, gardens, and a modern gym.
• Payment plans involve a 10% down payment, 70% during construction, and 20% upon handover².
• Only one unit remains available at Ocean Cove, highlighting strong market demand.

Overview of Ocean Cove Development

Ocean Cove by Emaar Properties is an exquisite Emaar Properties development located at Rashid Yachts & Marina, showcasing an impressive fusion of modern living and nature-inspired design. This luxury development comprises a multi-building complex, featuring two structures with heights reaching 11 and 9 storeys respectively, and expects to offer a total of 233 units. With completion projected for August 2028, Ocean Cove aims to redefine luxury residences in Bur Dubai.

Introduction to Emaar Properties

Emaar Properties is a world-renowned developer that has delivered approximately 108,000 residential units globally since its inception in 1997. Known for its commitment to high-quality construction, the company focuses on creating integrated communities that resonate with modern lifestyles. Ocean Cove underscores Emaar’s vision by offering premium oceanfront properties that cater to discerning buyers seeking upscale living.

Location and Accessibility

Situated in a prime location at Rashid Yachts & Marina, Ocean Cove provides residents with effortless access to essential amenities and cultural experiences within a 10-minute radius. Nearby educational facilities, such as New Academy School and Ambassador School, feature fees ranging from AED 14,000 to AED 30,000. Entertainment hubs like the Dubai Museum and Queen Elizabeth 2 enhance the area’s appeal, offering leisure options like cinemas and golf clubs such as Dubai Creek Golf & Yacht Club.

Architectural Design and Landscaping

The architectural design of Ocean Cove harmonizes with its surroundings, featuring lush landscaping that enhances the aesthetic of the residences. Each unit is thoughtfully designed, with 1-bedroom apartments spanning from 786 sq. ft. to 844 sq. ft., and starting at AED 1.76 million. Two-bedroom apartments, available for AED 2.50 million, range from 1,152 sq. ft. to 1,417 sq. ft., while spacious three-bedroom options start at AED 3.44 million and boast sizes from 1,649 sq. ft. to 1,853 sq. ft. The development incorporates numerous amenities including barbecue areas, community parks, swimming pools, and outdoor fitness facilities, ensuring a well-rounded lifestyle for residents³⁴⁵.

Luxury Living at Ocean Cove

Experience unparalleled luxury living at Ocean Cove, a premium community that captivates with its elegant residences and sophisticated features. This exclusive beachfront development offers 12 ultra luxury residences designed with three distinct floor plans, including 2 bedroom, 2 ½ bath models spanning 1,800 sq. ft. and 3 bedroom, 3 ½ bath layouts at 2,850 sq. ft. Each apartment showcases Saturnia marble flooring, granite countertops, extensive architectural millwork, and custom-designed cabinetry as standard features.

Product Offerings: Types of Residences

Residents can choose from a variety of upscale living options that cater to different lifestyles. Seamless integration of comfort and design ensures that every corner of these homes reflects a commitment to quality and aesthetics.

World-Class Amenities

Ocean Cove goes beyond mere residence with its impressive range of world-class amenities. Residents enjoy complimentary annual membership in the exclusive Cocoa Beach Club & Marina development. This includes access to a stunning 24-slip marina, a luxurious 5,000 sq. ft penthouse Sky Lounge for fine dining, and a heated riverfront pool and spa. The amenities further extend to a two-story Fitness Pavilion, a hard court tennis facility, and opportunities for various exhilarating water sports like surfing and paddle boarding⁶. Additional features like poolside cabanas and a kid’s playground underscore the commitment to a vibrant lifestyle.

Enhanced Lifestyle and Community Features

The upscale community living experience at Ocean Cove fosters a vibrant social environment. Several activities and resources are available to residents, such as private surfing lessons through the concierge, manicured putting greens, and social spaces designed to promote community interaction. The offering of various water activities, including jet skiing and fishing, enhances this coastal lifestyle and provides endless enjoyment for all ages⁶.

Investment Opportunities at Ocean Cove

Investing in Ocean Cove by Emaar Properties offers various opportunities with substantial potential for growth. The real estate market in Dubai remains robust, bolstered by factors such as population growth and economic diversification. Investors looking for lucrative options will find Emaar Properties investments particularly appealing given the anticipated appreciation of 15-20% upon project completion, which is projected to yield strong expected returns⁷⁸.

Expected Appreciation and Returns

Investors in Ocean Cove can benefit from high rental yields, providing consistent income streams. The waterfront properties, including those within this luxurious community, are known for their remarkable growth rates due to limited supply and rising demand⁷. There is a strong history of capital appreciation in Dubai’s real estate market, positioning properties at Ocean Cove for long-term value appreciation due to their exclusive location and premium features⁷⁹.

Visa Benefits for Investors

Investor visa benefits are an attractive aspect of purchasing property at Ocean Cove. Eligible investors can obtain a 2- or 10-year visa for themselves, their spouses, and children, enhancing the overall value of Emaar Properties investments⁹⁸. This added incentive further solidifies Ocean Cove as a prime destination for those seeking to combine property investment with residency in Dubai.

Payment Plans and Pricing Details

The starting price for properties in Ocean Cove is AED 1.76 million, providing a competitive entry point into the market. The flexible payment plans allow for 70% of the payment during the construction phase, with the remaining 20% due upon handover, making it accessible for various investors⁸.

Conclusion

In summary, Ocean Cove Property Development By Emaar Properties epitomizes the ideal of luxury waterfront living. Nestled within the vibrant Rashid Yachts & Marina, this community combines stunning views and the allure of the city, making it a prime investment for those seeking a premium lifestyle. With a thoughtful architectural design and comprehensive amenities, residents can enjoy a refined quality of life that truly enhances everyday experiences.

Whether as a personal abode or an investment avenue, Ocean Cove offers an exceptional opportunity in Dubai’s competitive real estate market. The extensive greenery, state-of-the-art sport facilities, and proximity to essential services like clinics and schools create a well-rounded living environment. For those interested in exploring more about this extraordinary project, please visit this link.

As Emaar Properties continues to pave the way for innovative living solutions, Ocean Cove stands as a testament to their commitment toward unmatched quality and customer satisfaction. The development not only enhances lifestyle options for its residents but also promises significant appreciation in value for prospective buyers, reinforcing its standing in the market¹⁰¹¹¹².

Source Links

1. https://properties.emaar.com/en/properties/ocean-cove-at-rashid-yachts-marina/
2. https://www.propertyfinder.ae/en/new-projects/emaar-properties/ocean-cove
3. https://propsearch.ae/dubai/ocean-cove
4. https://off-planproperties.ae/projects/ocean-cove-emaar-rashid-yachts/
5. https://inn-vesta.com/nos-proprietes/ocean-cove/
6. http://www.coastmark.com/OC.html
7. https://rashidyachtandmarina.wordpress.com/2024/07/31/emaar-ocean-cove-your-gateway-to-luxury-living-and-investment-growth/
8. https://wayroyalrealestate.com/oceancove/
9. https://dandbdubai.com/property-insights/ocean-cove-unparalleled-luxury-living-at-rashid-yachts-and-marina/1598
10. https://news.ycombinator.com/item?id=30932201
11. https://www.palosverdespulse.com/blog/pvcoves
12. https://trellis.law/doc/100227292/notice-taking-deposition-defendant-cross-plaintiff-george-e-tobin-s-cross-notice-taking-remote-deposition-david-powel-ocean-cove-board-member-david-powell-04-22-2021-10-00-00-am