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Rashid Yachts & Marina

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.

Total area

6800000 sq ft

Construction began

01.12.1976

Price from

AED 353,933

Off-plan Projects in Rashid Yachts & Marina

Top Real Agents in Rashid Yachts & Marina

Mayak real estate is a stable company that has firmly established itself in the real estate market, with a primary focus on delivering results.

Economic attractiveness

Mina Rashid is a large-scale neighbourhood with a unique concept that provides a modern and comfortable living environment. Real estate was designed to suit a diverse mix of residents. The resort-style residential areas offer water activities, recreation areas, and entertainment venues. However, the communities are quiet and safe, and residents have access to a private beach and yacht club. Investors can purchase properties to subsequently rent out, which can generate a passive income. The area is guaranteed to attract tourists, and the average return on investment rate for an apartment in Mina Rashid is 5.08%.
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Attractions

Residents can enjoy the following nearby attractions: The Queen Elizabeth II is a floating hotel and restaurant that used to operate as a cruise liner. Visitors can also experience a museum that is dedicated to the social events and weddings that took place on this famous ship in the 1960s. The local beach and canal area covers a space of 135,000 sq. ft. and has room for 500 yachts. There are also plans for a floating yacht club. Mina Rashid Marina is a picturesque area with space for 20,000 yachts. A water sports academy that is currently in the development phase. It will feature sailing events and exhibitions about famous yacht races. UAE Heritage Village and Al Shindagha Museum, located within 15 minutes of the neighbourhood, are two of the oldest museums in the UAE. Exhibitions focus on the history, culture, and ethnography of the country. A historical museum that was the residence of the former ruler of Dubai, Sheikh Saeed Al Maktoum. The complex was built in 1896 and features ancient relics and rare exhibits and collections.

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Top Developers in Dubai

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Property is a very valuable asset, and the statistics on price growth in the future are very encouraging.Marina SychovaSales Director - Dubai

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