Ocean Cove construction progress
Ocean Cove in Mina Rashid is 18% built at the Land Department inspection of April 2026. Developer Mina Rashid Properties. Completion registered for August 2028.
18%
Built, at the Land Department site inspection of 14 April 2026
Running behind its date
- Completion date (Land Department)
- August 2028
- Finish at recent pace
- January 2032
- Construction started
- October 2024
- Registered with the Land Department
- July 2024
- Developer
- Mina Rashid Properties
- Community
- Mina Rashid
- Units
- 233
- Escrow bank
- Abu Dhabi Commercial Bank
- Name in Arabic
- أوشن كوف
- Land Department project number
- 3173
- Land Department site inspections
- 4
Schedule
Between May 2025 and April 2026 the site added about 1.2 points a month. At that rate it would finish around January 2032, more than three months after the August 2028 date registered with the Land Department.
Site inspections
14 April 2026
18%+8.4 pts
8 December 2025
9.6%+4.4 pts
22 May 2025
5.2%+5.2 pts
2 July 2024
0%
Context
Mina Rashid has 18 projects under construction, 21% built on average.
Mina Rashid Properties has 20 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Ocean Cove be completed?
- The completion date registered with the Dubai Land Department is August 2028. At the pace of its recent inspections the site would reach 100% around January 2032. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Ocean Cove is built?
- 18%, measured at the Land Department site inspection on 14 April 2026. The Land Department engineers have inspected the site 4 times since July 2024.
- Is Ocean Cove delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of August 2028.
- Who is building Ocean Cove?
- The registered developer is Mina Rashid Properties. It has 19 other projects under construction in Dubai.
- Which bank holds the escrow account for Ocean Cove?
- Abu Dhabi Commercial Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- SeascapeAlso by Mina Rashid Properties. 79%, Due November 2026.
- ClearpointAlso by Mina Rashid Properties. 45%.
- BaylineAlso by Mina Rashid Properties. 61%.
- AvonleaAlso by Mina Rashid Properties. 64%.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.