Ocean Point

Description

Ocean Point is a new premium development by developer Emaar Properties in the Rashid Yachts & Marina. It offers 1 to 3 bedroom residences in a variety of layouts. The developer is expected to commence work on the project in the summer of 2024.

Residents of the development will be able to enjoy a variety of locations both within and around Rashid Yachts & Marina. These include: various swimming pools, green walking areas, Dubai's longest canal with a swimming pool and more.

The new Ocean Point project will be located amidst the entertainment and infrastructure of an actively developing neighbourhood. Such property is suitable for fans of resort lifestyle. Near the complex there is a promenade, F&B establishments, yacht club, marinas, restaurants and many other places for walks and recreation.

Properties in the project are presented at one of the best prices in the area. The cost of one-bedroom apartments starts from AED 1.67 M (USD 455K). Until the completion of construction, interested buyers can buy a luxury beachfront property on a comfortable payment plan. You can learn more about payment plans from the developer from our agents by leaving an application on the website.

Frequently Asked Questions (FAQ)

• What is an off-plan property?

  An off-plan property is a property that is purchased before construction is completed. Buyers often benefit from lower prices, flexible payment options, and potential property value appreciation upon completion.

• Why should I invest in an off-plan project?

  Investing in an off-plan property offers several benefits, including lower initial prices, structured payment plans, and the potential for increased property value once construction is complete. Some projects may also provide customization options.

• How do I know if an off-plan project is legitimate?

  We work only with reputable developers registered with regulatory authorities. Always verify project approvals, developer credibility, and escrow account details before investing.

• What payment plans are available?

  Most off-plan projects offer flexible payment plans, such as paying in installments over time. Some common plans include paying 20% at the start and 80% at completion, or post-handover payment plans. Payment terms depend on the project.

• Can I resell my off-plan property before completion?

  Yes, many off-plan properties can be sold before completion. This depends on the developer’s rules and market conditions. Our team can assist with the resale process.

• What return on investment (ROI) can I expect?

  ROI depends on the project location, market demand, and rental potential. We provide insights on expected returns for each project.

• When will the project be completed?

  Each project has a different completion date. The expected date is mentioned in the project details. We also provide regular construction updates to keep buyers informed.