Mina Rashid (Rashid Yachts & Marina) Dubai

The community is actively delivering phased residential clusters — Seagate, Sirdhana, Clearpoint, Seascape, Avonlea, Pier Point and Bayline — with prices ranging from AED 1.1 million for 1-bedroom apartments to AED 24.5 million for premium units. Rental yields range from 5.5% to 7.5%, with median price per sq ft at approximately AED 1,800, up 6% over six months. For those who want genuine waterfront history, Emaar quality and a central Dubai coastal address without the Palm premium, Mina Rashid offers a compelling and increasingly recognised proposition.

Community & Lifestyle

Mina Rashid's lifestyle centres on the water — not as a backdrop but as the defining feature of daily life. The marina promenade, the presence of the world's largest superyachts, the QE2 floating hotel and the developing boardwalk create an atmosphere of maritime elegance unique in Dubai's residential market.

Key lifestyle features include:

• Rashid Yachts & Marina — one of the world's great marina facilities with 500+ berths for yachts and superyachts, direct Arabian Gulf access
• Queen Elizabeth 2 (QE2) — the legendary ocean liner transformed into a 13-deck floating hotel with restaurants, event spaces, a museum and cultural programming
• Private beach within the development
• Marina promenade with waterfront dining, cafés and retail
• 500-metre canal planned through the community
• Rooftop recreation spaces, swimming pools, gyms and children's play areas within residential clusters
• Planned Dubai Mall by the Sea — a major retail and entertainment destination within the development
• Planned floating yacht club adding to the marina lifestyle offer
• Port Rashid Cruise Terminal — 14-time winner of Middle East's Best Cruise Terminal, 5 minutes from the community
• Proximity to Al Seef, Al Fahidi Historical Neighbourhood and Dubai Museum

Properties in Mina Rashid

Mina Rashid is exclusively an apartment community, with low to mid-rise and high-rise buildings offering 1 to 4-bedroom waterfront residences. Browse available buy property in Dubai options within Mina Rashid to discover how premium waterfront living at this location compares to other Gulf-view communities across the emirate.

• 1-bedroom apartments: AED 1.11 million to AED 1.9 million (median AED 1.5 million); 741 to 816 sq ft
• 2-bedroom apartments: AED 2.1 million to AED 3.25 million (median AED 2.6 million)
• 3-bedroom apartments: AED 3.25 million to AED 5.29 million (median AED 4 million)
• Premium penthouses and 4-bedroom units from AED 4.77 million to AED 24.5 million
• Average asking price approximately AED 3 million; median price per sq ft approximately AED 1,800
• All apartments feature floor-to-ceiling windows, spacious balconies with marina or Gulf views, premium finishes and access to shared amenities
• Key residential clusters: Seagate, Sirdhana, Clearpoint, Seascape, Avonlea, Pier Point 2, Bayline
• Off-plan projects offer 60/40 payment plans with 10 to 15% capital appreciation potential projected by 2027

Property Prices & Rental Market

Mina Rashid occupies a premium waterfront tier at prices meaningfully below Dubai Marina for comparable Gulf views and marina access.

• Median price per sq ft approximately AED 1,800 — up 6% over 6 months
• Average asking price approximately AED 3 million
• Annual rents: 1-bedroom from approximately AED 85,000 to AED 120,000; 2-bedroom from AED 130,000+
• Rental yields 5.5% for 3-bedroom units to 7.5% for 1-bedroom units

Investment Potential

Mina Rashid is a structured early-phase waterfront investment with multiple catalysts converging, positioning it as an exceptional opportunity to buy luxury property in Dubai with heritage character, marina prestige and strong appreciation upside from the incoming Dubai Mall by the Sea.

• AED 25 billion total development investment — one of the largest waterfront commitments in Dubai history
• Dubai Mall by the Sea: a transformative retail anchor that will significantly boost community values and footfall on completion
• Median price per sq ft up 6% over 6 months; 10 to 15% capital appreciation projected by 2027
• Emaar developer premium ensuring delivery confidence, quality standards and strong resale liquidity
• Freehold — accessible to international buyers
• Port Rashid adjacency and cruise terminal traffic driving short-term rental demand

Sub-Communities

Mina Rashid is organised across seven waterfront districts. Completed and delivering clusters include Seagate, Sirdhana, Clearpoint, Seascape, Avonlea, Pier Point and Bayline, each with its own architectural character and marina-facing position.

Location & Connectivity

Mina Rashid is located on the Dubai coastline between Deira and Bur Dubai, connected via Al Mina Road.

• Approximately 10 to 15 minutes to Downtown Dubai and Burj Khalifa
• Approximately 15 to 18 minutes to Dubai International Airport
• Approximately 5 minutes to Port Rashid Cruise Terminal
• Approximately 10 minutes to Al Seef and Al Fahidi Heritage District

Al Ghubaiba and Al Fahidi Green Line Metro Stations are approximately 10 minutes by car. Bus routes and water taxis also serve the area. Dubai Water Canal water taxi connects to the wider canal network.

Nearby Amenities & Services

• Retail: community promenade retail; City Centre Al Shindagha approximately 15 minutes; BurJuman Mall approximately 15 minutes; planned Dubai Mall by the Sea within the community
• Healthcare: Rashid Hospital and Aster Hospital approximately 18 to 22 minutes; American Academy of Cosmetic Surgery Hospital nearby
• Schools: Ambassador School approximately 15 minutes; GEMS Winchester School approximately 18 minutes

Key Highlights

• Emaar and P&O Marinas joint venture; AED 25 billion total investment
• 500+ yacht berths — one of the world's great marina facilities
• QE2 floating hotel, private beach and planned Dubai Mall by the Sea within the community
• Median price per sq ft AED 1,800, up 6% over 6 months; rental yields 5.5% to 7.5%
• Historic maritime community at the heart of old Dubai — a setting no new island can replicate
• Freehold — accessible to international buyers

Pros & Cons

Pros

• Genuine maritime heritage and cultural depth unmatched by newer waterfront developments
• Emaar quality assurance with AED 25 billion backing
• World-class marina with 500+ berths on the doorstep
• Central location 10 to 15 minutes from Downtown Dubai
• Short-term rental potential boosted by cruise terminal and tourism

Cons

• Still actively delivering — full amenity vision including Dubai Mall by the Sea not yet complete
• No metro station directly within the community
• Traffic congestion approaching from Bur Dubai direction during peak hours
• Distance from Dubai Marina and JBR (approximately 25 to 30 minutes)

Why Choose Mina Rashid

Mina Rashid is for buyers who want a waterfront address with a genuine story behind it — Dubai's original port transformed by Emaar into its next great coastal community. The combination of marina prestige, heritage character, central location and the incoming Dubai Mall by the Sea makes it one of the most interesting early-phase waterfront investments in the city.

FAQs About Mina Rashid

Who developed Mina Rashid? 

Mina Rashid (Rashid Yachts & Marina) is a joint venture between Emaar Properties and P&O Marinas (owned by DP World), with a total investment of AED 25 billion.

What is the QE2? 

The Queen Elizabeth 2 is the historic ocean liner that transported the Royal Family and served as a British troop ship. Now permanently docked at Mina Rashid, it has been converted into a floating hotel with 13 decks of restaurants, event spaces and a maritime museum.

Is Mina Rashid freehold? 

Yes. Mina Rashid is a freehold development accessible to both UAE nationals and international buyers.

What are the rental yields? 

1-bedroom apartments yield approximately 7.5%; 3-bedroom units approximately 5.5%.

Is there metro access? 

Al Ghubaiba and Al Fahidi Green Line Metro Stations are approximately 10 minutes by car. Water taxi services and bus routes also connect to the wider city.