Ocean Star
Ocean Star is a prestigious residential project by Emaar Properties, located in the picturesque Rashid Yachts & Marina area of Dubai. The development comprises two seven-story buildings, offering a total of 154 elegantly designed apartments with one to three bedrooms. Each residence features one or more balconies or terraces, built-in wardrobes, and laundry rooms, with three-bedroom units additionally providing utility rooms. Residents can enjoy stunning views of the 500-meter canal pool and lush green gardens from their homes. The project offers a range of premium amenities, including a modern gym, children's playground, and a serene canal pool surrounded by landscaped gardens. The waterfront promenade is lined with luxury hotels, retail outlets, and dining venues, providing a vibrant lifestyle experience. Ocean Star is strategically located near cultural landmarks such as the Al Shindagha Museum and Heritage Village, offering residents a blend of luxury living and cultural enrichment. The development is scheduled for completion in the third quarter of 2028, presenting an excellent investment opportunity in one of Dubai's most sought-after waterfront communities.
Starting from, AED
1,700,000
Emirate
Dubai
Status
Under construction
Developer
EmaarSize from
786 sq ft
Handover
2028 Q3
Amenities
Gallery
Payment plan
10%
Booking
80%
During construction
10%
Upon Handover
About Location
Mina Rashid is a major commercial port transformation project located in Dubai Creek Harbour between Bur Dubai and Deira. For four decades, the port area has been used for commercial purposes. Since the 2000s, it has been used for cruise ships as well. Emaar is working with P&O Marinas on a mixed-use development similar to the ports of Monte Carlo. The first facilities are scheduled for delivery in the third quarter of 2022. The project covers an area of 631,000 sq. m (6,800,000 sq. ft) and embodies a Riviera-inspired atmosphere with modern amenities and luxurious accommodations.
The development consists of residential complexes, entertainment venues, hotels, private beaches, and embankments. The area has space for more than 400 yachts. Residents can enjoy nearby retail outlets and parks, and there are plans to build a pedestrian bridge leading to Saeed Al Maktoum House.
The residential area of the neighbourhood is divided into seven sub-communities, which are dominated by medium-rise buildings. Properties include one- to three-bedroom apartments that range in size from 65 sq. m (700 sq. ft) to 191 sq. m (2,060 sq. ft). Penthouses are also available, and all of the units are equipped with modern conveniences.
About Developer
Emaar Properties was founded by Mohamed Alabbar. The former chairman was widely involved in tourism and construction before founding the company. He was a director of Al Khaleej Investments in Singapore and even an economic adviser to the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. His indispensable experience has enabled the company to go international and succeed in its biggest projects, such as the Burj Khalifa. Mohamed Alabbar is currently the Managing Director of the company as of 2021. The board now consists of Jamal Bin Theniyah as Chairman and Ahmed Jawa as Vice Chairman. The CEO of the company is Amit Jain.
In 2004 the company went international by establishing Emaar International LLC. As of now Emaar Properties has over 60 subsidiaries and is operating in more than 36 different markets in North America, Europe, North Africa and the Middle East. The company has projects on different stages in such countries as Turkey, Egypt, India, Saudi Arabia, Morocco, Syria, Pakistan and the United States. Some of the well-known projects include Jeddah Gate in Saudi Arabia, Beit Misk in Lebanon, Tuscan Valley in Turkey and Samarah Dead Sea Resort in Jordan. In 2015 Emaar Properties expanded its developments to Bahrain and Nigeria.
