Mina Rashid, also known as Port Rashid, is rapidly transforming into one of Dubai’s most prestigious waterfront communities, attracting high-net-worth individuals (HNWIs) and international investors seeking prime real estate with long-term growth potential. This historic port, once the gateway to Dubai’s maritime trade, is now being reinvented as a luxurious residential and lifestyle hub, blending heritage, modernity, and exclusive coastal living.
Why Mina Rashid?
Strategically located near Dubai Maritime City, Bur Dubai, and Downtown Dubai, Mina Rashid provides unmatched connectivity while offering the serenity of private marina living. It is one of the few places in Dubai where pure waterfront residences with direct marina and sea views remain competitively priced compared to similar ultra-luxury districts.
Flagship Projects & Developers
The transformation of Mina Rashid is led by Emaar Properties, Dubai’s most trusted master developer, known for shaping iconic communities like Downtown Dubai and Dubai Creek Harbour. Key developments within Mina Rashid include:
- Seagate by Emaar
Upscale 1–4 bedroom apartments with prices starting at AED 1.1 million.
Handover: Q3 2025
Average prices: AED 1.6M – AED 2.7M
Location advantage: Only 400 meters from the sea. - Pier Point
Exclusive waterfront apartments with direct beach access and sea views.
Prices start from AED 1.9 million.
Handover: Late 2028. - Clearpoint
Premium apartments with panoramic Dubai skyline and marina views.
2–3 bedrooms priced between AED 2.8M – AED 3.5M.
Completion: 2027. - Bayline & Marina Views
Modern 1–3 bedroom apartments starting from AED 1.7M.
Completion: 2027–2028.
Mina Rashid’s property portfolio includes a mix of ready-to-move-in, off-plan, and soon-to-be-delivered homes, ranging from 700 sq. ft. apartments to 2,000+ sq. ft. penthouses.
Pricing & Rental Insights
- Price Range: AED 1.1M – AED 13M (average ~AED 3.1M).
- Rental Yields: Approximately 6–7% annually.
- Rental Demand:
- 1-bedroom apartments: AED 70K – AED 90K/year.
- Larger apartments and penthouses: AED 150K – AED 300K/year, depending on location and view.
Why HNWIs Are Investing in Mina Rashid
- Rare Waterfront Stock – Few developments in Dubai offer marina-front living at competitive entry prices.
- 6% Price Growth – Over the past 6 months, property values here have shown strong upward momentum.
- Emaar’s Master Plan – Premium retail, F&B, and lifestyle amenities will further elevate the district’s value.
- Proximity to Business Hubs – Only 15 minutes from Downtown Dubai and DIFC.
- Tourism Drivers – Iconic attractions like the QE2 floating hotel and future marina facilities are set to boost short-term rentals.
Realty Homist Investment Outlook
Realty Homist positions Mina Rashid as a strategic mid- to long-term investment, particularly for HNWIs and international buyers seeking capital appreciation and strong rental returns. Compared to Palm Jumeirah or Dubai Harbour, entry prices are lower, yet growth potential remains significant due to upcoming infrastructure and tourism-focused developments.
Flexible Payment Plans: Most off-plan projects offer 80/20 or 90/10 plans, making high-value investments more accessible.
Quick Facts
Aspect | Details |
---|---|
Developer | Emaar Properties |
Price Range | AED 1.1M – AED 13M |
Rental Yield | ~6–7% |
Completion | 2025 – 2028 |
Top Projects | Seagate, Pier Point, Clearpoint, Bayline |
Lifestyle | Marina access, private beaches, luxury retail |
Conclusion
Mina Rashid represents a rare blend of heritage and modernity, positioning itself as one of Dubai’s future luxury waterfront icons. For investors seeking high capital growth, rental yields, and a lifestyle address, Mina Rashid stands out as a smart and timely investment opportunity.