Mina Rashid Property Guide

Mina Rashid Overview

Mina Rashid, marketed as Rashid Yachts and Marina, is a waterfront master community on the site of Dubai's historic Port Rashid, being developed by Emaar Properties in partnership with P&O Marinas. Spanning more than 6.8 million square feet, the district is being transformed through a AED 25 billion joint venture into a Riviera-inspired residential and leisure destination with a superyacht marina, waterfront promenades, apartments and townhouses.

The community sits next to the Queen Elizabeth 2 (QE2) floating hotel and the Hamdan bin Mohammed Cruise Terminal, minutes from Bur Dubai, Downtown Dubai and Dubai International Airport. Since Emaar's first launches in 2021, Rashid Yachts and Marina has become an active waterfront market, with a growing collection of residential buildings, the first completed homes and a steady pipeline of new releases.

Highlights

•       Marina living: a harbour of 430 berths for yachts of up to around 100 metres, with a floating yacht club.

•       Riviera-inspired design: waterfront residences, promenades and outdoor dining spaces.

•       Swimmable canal pool: a swimmable canal pool running through the residential district.

•       Heritage setting: next to the QE2 floating hotel and the cruise terminal on Dubai's historic port.

•       Central location: minutes from Bur Dubai, Downtown Dubai, DIFC and Dubai International Airport.

•       Trusted developer: Emaar Properties, in partnership with P&O Marinas.

•       Freehold ownership: developer sales open to buyers of all nationalities.

A historic port with a new residential chapter

Rashid Yachts and Marina brings together Dubai's maritime heritage and contemporary waterfront living. With an established developer, a large marina at its heart and a central location close to the city's historic and business districts, the community has attracted strong buyer demand, and each completed building adds to its growing residential life.

Mina Rashid in Numbers

Key verified figures for Mina Rashid (Rashid Yachts and Marina), with the period and source type stated for market data.

Size and master plan

•       Total area: more than 6,803,000 square feet (about 632,000 square metres or 63.2 hectares)

•       Joint venture investment: AED 25 billion (Emaar Properties and P&O Marinas)

•       Marina berths: 430, for yachts of up to around 100 metres (330 feet)

•       Residential projects: around 24 publicly listed projects and phases (market catalogue, 2026)

•       Property types: one- to four-bedroom apartments and three-bedroom townhouses

Location

•       Downtown Dubai and Burj Khalifa: around 10 to 12 minutes by car

•       Dubai International Airport (DXB): around 15 to 20 minutes

•       Palm Jumeirah: around 25 minutes

•       Sheikh Zayed Road: less than 10 minutes

Market data

•       Median sale price per square foot: AED 2,888, up 14.1% year on year (12 months to May 2026, analysis of DLD data)

•       Sales over 12 months: 781 DLD-registered transactions worth around AED 2.6 billion (12 months to May 2026)

•       Off-plan share of sales: 96.4% (12 months to May 2026)

•       Sales, January to May 2026: 182 transactions worth AED 592.18 million, at an average of AED 2,835 per square foot (brokerage analysis of DLD data)

•       Growth since launch: around 102%, from AED 1,405 per square foot in 2021 to AED 2,835 per square foot in 2026

•       Ready apartments: average of AED 2,682 per square foot, up 16% year on year (January to May 2026)

•       Branded residences (Baystar by Vida Tower 1): average of AED 4,064 per square foot (January to May 2026)

•       Entry prices: from around AED 1.7 million (market catalogue, 2026)

Timeline

•       2021: first residential launches at Rashid Yachts and Marina

•       Q4 2026: scheduled handover of Seascape Building 1

•       Q4 2028: scheduled handover of Marina Views

•       Q1 2030: scheduled completion of Fior 2

•       Q3 2030: scheduled completion of Fior 1

Where Is Mina Rashid? Location and Connectivity

Mina Rashid is located on Dubai's central coastline at the historic Port Rashid, next to the mouth of Dubai Creek, Al Shindagha and Bur Dubai, with Dubai Maritime City and La Mer close by. The community is reached via Sheikh Rashid Road and Al Mina Road, linking it to the heart of the city.

Community layout

•       The marina: a 430-berth harbour at the centre of the community, with a floating yacht club.

•       Waterfront residences: apartment buildings and townhouses along the marina, the canal and the seafront.

•       Promenades: marina and nautical promenades with restaurants, cafés and retail.

•       Canal pool: a long swimmable canal pool running through the residential district.

•       QE2 and cruise terminal: the Queen Elizabeth 2 floating hotel and the Hamdan bin Mohammed Cruise Terminal next to the community.

Key distances and travel times

•       Bur Dubai, Al Seef and Al Shindagha: a few minutes by car.

•       Downtown Dubai and Burj Khalifa: around 10 to 12 minutes.

•       DIFC and Sheikh Zayed Road: around 10 minutes.

•       Dubai International Airport (DXB): around 15 to 20 minutes.

•       La Mer and Jumeirah Beach Road: around 5 to 10 minutes.

•       Palm Jumeirah: around 25 minutes.

Road access

Rashid Yachts and Marina is connected via Sheikh Rashid Road and Al Mina Road, close to Sheikh Zayed Road and the Al Shindagha Corridor. The RTA's Al Shindagha Corridor programme, including the Infinity Bridge, provides fast links to Deira, Dubai Islands and the airport, while a new bridge between the Infinity Bridge area and the Port Rashid development will further strengthen connections.

Public transport

•       Dubai Metro: Green Line stations in Bur Dubai, including Al Ghubaiba, and Red Line stations on Sheikh Zayed Road are a short drive away.

•       Buses and taxis: RTA services operate along Al Mina Road.

•       Water transport: abras and water taxis along Dubai Creek and the coast.

•       Sea and cruise: the cruise terminal and marina provide direct access by sea.

Mina Rashid Master Plan

The Rashid Yachts and Marina master plan transforms Dubai's historic Port Rashid into a waterfront residential and leisure destination, organised around a superyacht marina, waterfront promenades and a swimmable canal pool.

Development background

Port Rashid opened in the early 1970s as Dubai's first modern port and became a symbol of the city's rise as a global trading hub. Emaar Properties and P&O Marinas formed a AED 25 billion joint venture to redevelop the port as Rashid Yachts and Marina, a mixed-use waterfront community. The Queen Elizabeth 2 was berthed at Port Rashid as a floating hotel, and the Hamdan bin Mohammed Cruise Terminal serves international cruise lines. Emaar launched the first residential buildings in 2021, and the community has since grown through successive releases.

Planning principles

•       Marina at the heart: a 430-berth harbour with a floating yacht club as the community's focal point.

•       Riviera-inspired living: low- and mid-rise residential buildings facing the marina, canal and sea.

•       Walkable promenades: marina and nautical promenades lined with dining and retail.

•       Water-based leisure: a swimmable canal pool and direct access to boating.

•       Heritage and hospitality: integration with the QE2 hotel and the cruise terminal.

Residential neighbourhoods

•       Seagate: completed residential buildings with one- to three-bedroom apartments.

•       Seascape: waterfront apartments and three-bedroom townhouses, with Building 1 scheduled for handover in Q4 2026.

•       Marina Place and Marina Views: apartments overlooking the marina, with Marina Views scheduled for handover in Q4 2028.

•       Porto Views and Pier Point: further marina-front residential buildings.

•       Aurea: waterfront residences with an infinity-edge marina pool.

•       Fior 1 and Fior 2: the latest waterfront releases, scheduled for completion in 2030.

•       Baystar by Vida: branded residences within the community.

Development milestones

•       Early 1970s: Port Rashid opens as Dubai's first modern port.

•       AED 25 billion joint venture: Emaar Properties and P&O Marinas partner to redevelop the port.

•       2021: first residential launches at Rashid Yachts and Marina.

•       Following years: releases including Seagate, Seascape, Marina Place, Marina Views, Porto Views, Pier Point, Aurea and Baystar by Vida.

•       Recent years: first completed buildings handed over.

•       Q4 2026: scheduled handover of Seascape Building 1.

•       2030: scheduled completion of Fior 1 and Fior 2.

Developers and Projects in Mina Rashid

Rashid Yachts and Marina is developed by Emaar Properties in partnership with P&O Marinas, with residential sales handled through Mina Rashid Properties. Emaar is the developer behind many of Dubai's master-planned communities, including Downtown Dubai, Dubai Creek Harbour and Dubai Hills Estate.

Emaar Properties

•       Seagate: completed residential buildings with one- to three-bedroom apartments overlooking the marina.

•       Seascape: one- to three-bedroom apartments and three-bedroom townhouses, with direct access to the canal pool.

•       Marina Place: apartments with marina views, offered with an 80/20 payment plan.

•       Marina Views: one- to four-bedroom waterfront apartments.

•       Porto Views and Pier Point: marina-front residential buildings.

•       Aurea: waterfront residences with an infinity-edge marina pool and access to the superyacht club.

•       Fior 1 and Fior 2: the community's latest waterfront releases, with one- to three-bedroom apartments and completion scheduled for 2030.

Branded residences

•       Baystar by Vida: residences connected to the Vida hospitality brand, with hotel-style services.

P&O Marinas

P&O Marinas, Emaar's joint venture partner, brings marina operations expertise to the 430-berth harbour and floating yacht club at the heart of the community.

Property types in Mina Rashid

•       One-bedroom apartments: marina, canal or sea-view homes.

•       Two- and three-bedroom apartments: family homes with balconies and waterfront views.

•       Four-bedroom apartments: larger residences in selected buildings.

•       Three-bedroom townhouses: low-rise homes in Seascape.

•       Branded residences: homes with hotel-style services at Baystar by Vida.

New projects and phases continue to be released. Buyers should confirm each project's details and registration with the developer and the Dubai Land Department.

Mina Rashid Property Prices and Market Trends

Rashid Yachts and Marina recorded a median sale price of AED 2,888 per square foot in the 12 months to May 2026, up 14.1% year on year, and average values of AED 2,835 per square foot in January to May 2026, around 102% higher than the AED 1,405 per square foot recorded when the community first entered the market in 2021. Figures in this section are based on published analyses of Dubai Land Department (DLD) transaction data, with the period stated for each figure. DLD registers the community under the area name Mina Rashid. All figures should be confirmed at the time of purchase.

Market Overview

Demand for Rashid Yachts and Marina property is shaped by its waterfront setting around a superyacht marina, its central location close to Bur Dubai, Downtown Dubai and the airport, and the strength of its developer. The market has been driven largely by off-plan releases, while the first completed buildings have created a growing ready market. Buyers include international investors, families and professionals seeking contemporary waterfront homes in central Dubai.

Key Market Indicators

•       Median sale price per square foot: AED 2,888, up 14.1% year on year (12 months to May 2026, analysis of DLD data).

•       Average sale price per square foot: AED 2,835 (January to May 2026, brokerage analysis of DLD data).

•       Long-term price growth: from AED 1,405 per square foot in 2021 to AED 2,835 in 2026, an increase of around 102%; from AED 1,656 in 2022 to around AED 2,321 in late 2024 and early 2025.

•       Sales volume: 781 DLD-registered sales worth around AED 2.6 billion over the 12 months to May 2026.

•       Sales, January to May 2026: 182 transactions worth AED 592.18 million.

•       Off-plan share: 96.4% of sales over the 12 months to May 2026.

Price per Square Foot by Property Type

•       All apartments: median of AED 2,888 per square foot (12 months to May 2026).

•       Ready apartments: average of AED 2,682 per square foot, up 16% year on year (January to May 2026).

•       Branded residences (Baystar by Vida Tower 1): average of AED 4,064 per square foot (January to May 2026).

•       Recent off-plan sales at Marina Place: around AED 2,540 to 3,440 per square foot (DLD-registered transactions, 2025 to 2026).

•       Recent ready sales at Seagate: around AED 2,380 to 2,740 per square foot (DLD-registered transactions, 2025).

Typical Unit Sizes

•       One-bedroom apartments: around 714 to 954 square feet.

•       Two-bedroom apartments: around 1,100 to 1,470 square feet.

•       Three-bedroom apartments: around 1,500 to 1,865 square feet.

•       Three-bedroom townhouses (Seascape): around 2,620 to 2,982 square feet.

•       Overall apartment range: from around 655 square feet to more than 2,290 square feet.

Typical Prices by Unit Type

Based on recent DLD-registered transactions and developer pricing (2025 to 2026):

•       One-bedroom apartments: around AED 1.6 million to 2.1 million, for example AED 2.09 million for a 799-square-foot apartment at Marina Place (May 2026) and AED 1.7 million for a ready 714-square-foot apartment at Seagate (October 2025).

•       Two-bedroom apartments: around AED 3.15 million to 3.9 million, for example AED 3.89 million at Marina Place (December 2025) and AED 3.15 million for a ready apartment at Seagate (October 2025).

•       Three-bedroom apartments: around AED 4.5 million to 6.5 million, for example AED 5.91 million for a 1,717-square-foot apartment at Marina Place (August 2025) and around AED 6.48 million at Aurea (2026).

•       Entry prices: from around AED 1.7 million across the community (2026).

•       Fior 2: prices from around AED 1.8 million to AED 15.5 million (developer pricing, 2026).

Rental Market

As more buildings are completed, owners can let their homes on long-term leases registered with Ejari or as licensed holiday homes. Waterfront apartments close to Bur Dubai, Downtown Dubai and DIFC appeal to professionals, families and visitors arriving by cruise and air.

Market Outlook

Several milestones are expected to shape the Rashid Yachts and Marina market in the coming years:

•       Handover of Seascape Building 1 in Q4 2026 and Marina Views in Q4 2028

•       Completion of Fior 1 and Fior 2 in 2030

•       Opening of further marina promenades, dining and retail

•       Continued growth of the Al Shindagha Corridor and surrounding waterfront districts

Payment Plans and Buying Costs

•       Off-plan payment plans: structures such as 80/20 and 10/70/20, with the balance paid on handover.

•       Dubai Land Department registration fee: 4% of the purchase price.

•       Administrative and registration charges: set by the DLD and the developer.

•       Service charges: payable annually to the owners' association after handover.

Upcoming Infrastructure in Mina Rashid

Rashid Yachts and Marina benefits from a growing collection of completed buildings, a pipeline of new residential deliveries and major road investment across the surrounding waterfront.

Community infrastructure

•       Superyacht marina: a 430-berth harbour with a floating yacht club.

•       Canal pool: a swimmable canal pool running through the residential district.

•       Promenades: marina and nautical promenades with dining and retail.

•       Cruise terminal: the Hamdan bin Mohammed Cruise Terminal next to the community.

Upcoming residential deliveries

•       Seascape Building 1: scheduled for handover in Q4 2026.

•       Marina Views: scheduled for handover in Q4 2028.

•       Fior 2: scheduled for completion in Q1 2030.

•       Fior 1: scheduled for completion in Q3 2030.

•       Further releases: additional residential buildings within the master plan.

Road and transport projects

•       Al Shindagha Corridor: a 13 kilometre RTA programme connecting Bur Dubai, Deira and the waterfront districts, with all phases on the Bur Dubai side completed in May 2025.

•       Infinity Bridge: a high-capacity crossing at the mouth of Dubai Creek, providing fast access to Deira, Dubai Islands and the airport.

•       Port Rashid bridge: a new bridge between the Infinity Bridge area and the Port Rashid development area, with connections to Dubai Islands.

Surrounding area

•       Al Shindagha Historic District and Al Seef: heritage museums, dining and creekside promenades.

•       Dubai Maritime City: a waterfront peninsula with new residential towers next door.

•       La Mer and Pearl Jumeirah: beachfront leisure and island communities nearby.

•       Dubai Islands: a five-island beachfront destination across the Creek mouth.

Long-term vision

Rashid Yachts and Marina is set to become a complete waterfront community around one of Dubai's historic ports, combining marina living, promenades and leisure with fast access to the city centre. As each building is completed and the surrounding waterfront develops, the community continues to grow as a central coastal address.

Living in Mina Rashid: Lifestyle and Amenities

Life at Rashid Yachts and Marina centres on the marina, the canal pool and waterfront promenades, with the heritage districts of old Dubai and the city's business centres close at hand.

Marina and waterfront

•       A 430-berth marina with a floating yacht club

•       A swimmable canal pool through the residential district

•       Marina and nautical promenades for walking, running and cycling

•       Views of yachts, the Gulf, the QE2 and the city skyline

Amenities at home

•       Infinity pools, including marina-edge pools in selected buildings

•       Fully equipped gyms and fitness studios

•       Children's play areas and family spaces

•       Landscaped podiums and residents' lounges

Hospitality and leisure

•       Queen Elizabeth 2 (QE2): the historic ocean liner, now a floating hotel with restaurants and events.

•       Hamdan bin Mohammed Cruise Terminal: international cruise departures next door.

•       Waterfront dining: restaurants and cafés along the marina promenades.

•       Boating: yacht charters, fishing trips and water sports from the marina.

Nearby destinations

•       Al Seef, Al Fahidi and Al Shindagha: heritage districts, museums and creekside dining.

•       Bur Dubai and Karama: shopping, BurJuman and traditional markets.

•       La Mer and Jumeirah Beach Road: beaches, dining and leisure.

•       Downtown Dubai and DIFC: The Dubai Mall, Burj Khalifa and the business district.

Education and healthcare

•       Schools and nurseries in Bur Dubai, Karama, Al Mankhool, Jumeirah and Oud Metha, covering British, American, Indian, IB and other curricula

•       Hospitals and clinics in Bur Dubai, Oud Metha and Dubai Healthcare City

Community

Rashid Yachts and Marina offers a relaxed waterfront lifestyle in the heart of the city, combining marina living with Dubai's maritime heritage. Residents enjoy promenades, pools and the sea on their doorstep, with the city's historic, cultural and business districts minutes away.

How to Buy Property in Mina Rashid

Rashid Yachts and Marina homes are sold by the developer to buyers of all nationalities, with ownership registered through the standard Dubai Land Department process.

Who Buys in Mina Rashid

•       Investors: buyers seeking waterfront apartments in a central Emaar community.

•       Families: two- and three-bedroom apartments and townhouses close to schools and the city centre.

•       Professionals: residents working in Bur Dubai, DIFC, Downtown Dubai and Sheikh Zayed Road.

•       Boat owners: buyers who value direct access to the marina and the sea.

•       Residency seekers: buyers combining a waterfront home with eligibility for a UAE residence visa.

Ownership

Ownership is registered with the Dubai Land Department and recorded on a title deed, or on an Oqood certificate for off-plan purchases until handover. Off-plan projects are registered with the Real Estate Regulatory Agency (RERA), and buyers' payments are held in a dedicated project escrow account. Buyers should confirm the ownership terms for their specific unit with the developer and the Dubai Land Department before purchase.

Buying Off-Plan

•       Choose the project, unit and payment plan that match your goals.

•       Confirm the project's RERA registration and escrow account through official DLD channels.

•       Reserve the unit with a booking deposit.

•       Sign the Sale and Purchase Agreement (SPA).

•       Register the purchase on the DLD Oqood system.

•       Pay instalments in line with the payment plan.

•       Complete the handover inspection, pay the final instalment and receive the title deed.

Golden Visa and Residency

Property ownership in Dubai can qualify buyers for a UAE residence visa, including the 10-year Golden Visa when the property value meets the government threshold. Buyers should confirm the latest criteria with the Dubai Land Department or the General Directorate of Residency and Foreigners Affairs.

Letting Your Property

Long-term leases are registered with Ejari. Holiday-home lets require a permit from Dubai's Department of Economy and Tourism, usually arranged through a licensed holiday-home operator.

Mina Rashid FAQs

Where is Mina Rashid located?

Mina Rashid is located at the historic Port Rashid on Dubai's central coastline, next to Bur Dubai and the mouth of Dubai Creek, around 10 to 12 minutes from Downtown Dubai.

What is Rashid Yachts and Marina?

Rashid Yachts and Marina is the waterfront residential and leisure community being developed by Emaar Properties and P&O Marinas at Mina Rashid. The Dubai Land Department registers it under the area name Mina Rashid.

Who is developing Rashid Yachts and Marina?

Emaar Properties, in a AED 25 billion joint venture with P&O Marinas.

How big is Rashid Yachts and Marina?

The community spans more than 6.8 million square feet, or about 63.2 hectares.

Can foreigners buy property in Rashid Yachts and Marina?

The developer sells homes to buyers of all nationalities. Buyers should confirm the ownership terms for their unit with the developer and the Dubai Land Department.

What types of property are available?

One- to four-bedroom apartments, three-bedroom townhouses and branded residences.

What is the average price per square foot in Mina Rashid?

The median sale price was AED 2,888 per square foot in the 12 months to May 2026, up 14.1% year on year. Full details are in the Mina Rashid Property Prices and Market Trends section.

How many berths does the marina have?

The harbour has 430 berths for yachts of up to around 100 metres.

Does buying in Mina Rashid qualify for a Golden Visa?

Property ownership can qualify buyers for a UAE residence visa, including the 10-year Golden Visa when the property value meets the government threshold. Buyers should confirm the latest criteria before purchase.

Important Notice

This page is provided for general information only and does not constitute financial, legal or investment advice. Figures are based on publicly available market sources at the date of publication and may change. Illustrative examples are not forecasts, and past price performance does not guarantee future results. Project details, prices, ownership terms, payment plans and completion dates are subject to change by the developer and the relevant authorities. Readers should verify all information independently and consult licensed professionals before making any investment decision.