Dubai · Location Guide
Mina Rashid
Old Dubai waterfront · Emaar marina district · QE2
Overview
Mina Rashid is the former Port Rashid commercial port on the Bur Dubai waterfront, now being rebuilt by Emaar as a residential marina called Rashid Yachts & Marina. This guide covers both names. Emaar describes a marina of 400 wet berths for yachts up to 100 metres, six connected district parks, a floating yacht club and the Queen Elizabeth 2, the former liner now run as a floating hotel. Emaar gives drive times of 15 minutes to Dubai International Airport and 20 minutes to Downtown Dubai. The homes are apartments and penthouses of one to four bedrooms in buildings such as Fior, Sera, Aurea and Baystar by VIDA. Flats sold at a median of AED 2,747 per square foot between January and September 2026, between Dubai Creek Harbour (AED 2,565) and Dubai Maritime City (AED 3,199) on the same DLD basis. Because most buildings are still off-plan, there is not yet enough ready stock or rent data to quote a reliable yield. Mina Rashid suits buyers who want a marina address in the older, central part of Dubai, close to the airport, and who can hold through handover. A station on the Dubai Metro Gold Line is planned here, with a completion target of 2032.
Highlights
- 400 wet berths for yachts up to 100 metres, six district parks and the QE2 (Emaar)
- Flats at a median of AED 2,747 per sq ft, 279 sales, 93% off-plan (DLD, Jan to Sep 2026)
- Median prices: one-bed AED 2.15M, two-bed AED 3.23M, three-bed AED 5.23M (DLD, Jan to Sep 2026)
- Most-sold projects: Fior 1 (median AED 2.32M), Sera 1 (AED 2.27M), Sera 2 (AED 3.18M), Aurea (AED 3.43M), Baystar by VIDA (AED 6.59M), all Emaar, DLD Jan to Sep 2026
- 15 minutes to DXB and 20 minutes to Downtown Dubai (Emaar's drive times)
- Gold Line station at Mina Rashid, approved April 2026, completion target September 2032
Are Mina Rashid and Rashid Yachts & Marina the same place?
Yes. Mina Rashid is the historic port area, and Rashid Yachts & Marina is the name of Emaar's residential community built on it. The sales figures in this guide cover the Rashid Yachts & Marina projects listed on Emaar's community page plus the DLD area of Mina Rashid.
How much does an apartment in Mina Rashid cost in 2026?
Between January and September 2026, DLD sales had a median of AED 2.15M for a one-bedroom, AED 3.23M for a two-bedroom and AED 5.23M for a three-bedroom, with 10% of flat sales below AED 1.76M. Emaar's community page lists prices from AED 2,112,888.
What rental yield does Mina Rashid give?
We do not quote one yet. Only a small number of ready flats sold here in 2026, too few to set a reliable price against Ejari rents. As the off-plan buildings are handed over, rent and resale data will build up, and we can share comparable rents on request.
Does an apartment in Mina Rashid qualify for the Golden Visa?
The Dubai Land Department issues the Golden Visa, a permit for 10 years, for property bought for AED 2M or more, wholly owned in your name, in one or more properties. If the property is mortgaged, at least AED 2M of the price must already be paid. For an off-plan unit, confirm eligibility with DLD before you rely on it. In Mina Rashid, the median one-bedroom sold for AED 2.15M in 2026, so check the exact price of the unit. Most sales here are off-plan, so that check applies to most units.
Data as of September 2026
- Dubai Land Department open data, sales transactions, 1 Jan to 30 Sep 2026
- Emaar, Rashid Yachts & Marina community page, Read Oct 2026
- ValuStrat VPI via Khaleej Times, August 2026
- Dubai Media Office, Dubai Metro Gold Line approval, 22 Apr 2026
- Dubai Media Office, Al Shindagha Corridor progress, 11 May 2025
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