Dubai Property Market
- 59.7% YoY
Property sale volume
- 79.1% YoY
Property sale value (AED)
ONE OF DUBAI’S MOST EXCITING LUXURY REAL ESTATE DEVELOPMENTS
Rashid Yachts and Marina is the epitome of waterfront luxury. With designs that draw from the illustrious French Riviera and the timeless charm of Venice, the location oozes opulence.
Previously known as Mina Rashid, beauty is visible in all directions here. Views of the Arabian Gulf’s azure waters lie on one side, and the bustling scenes from Downtown Dubai frame the other.
Yet Rashid Yachts and Marina offers more than just beauty. It’s home to a selection of iconic attractions, including a sprawling sandy beach and a floating yacht club — and what will soon be the longest swimmable canal pool in Dubai is currently under construction.
The new waterfront neighbourhood might still be under development, but it’s clear the venture is destined for success. With impressive returns on investment and a multi-billion development project in the works, investing in Rashid Yachts and Marina is an unmissable opportunity.
Available
Properties
- Abu Dhabi
- Ajmal Makan City
- Al Barari
- Al Habtoor City
- Al Sufouh
- Arabian Ranches
- Arjan
- Business Bay
- City of Arabia
- DAMAC Hills
- DAMAC Lagoons
- Downtown Dubai
- Dubai
- Dubai Creekside
- Dubai Harbour
- Dubai Healthcare City
- Dubai Hills
- Dubai Hills Estate
- Dubai Islands
- Dubai Land
- Dubai Maritime City
- Dubai South
- Dubai Sports City
- Dubai Studio City
- Dubailand
- Emaar Beachfront
- Featured
- IMPZ
- Jebel Ali
- Jumeirah Beach Residence
- Jumeirah Golf Estates
- Jumeirah Lake Towers
- Jumeirah Village Circle
- Jumeirah Village Triangle
- La Mer
- Madinat Jumeirah Living
- MBR City
- Meydan
- Mudon
- Nad Al Sheba
- Oman
- Palm Jumeirah
- Ras Al Khaimah
- Serena
- Sharjah
- Sobha Hartland
- South Bay
- The Valley
- Town Square
- Wadi Al Safa 2
- Yas Island
RASHID YACHTS AND MARINA’S PROPERTY MARKET PERFORMANCE
Rashid Yachts and Marina property statistics:
- The average price in Rashid Yachts and Marina for a 2-bed property: AED 1,875,000
- The average price in Rashid Yachts and Marina for a 3-bed property: AED 3,300,000
Rashid Yachts and Marina is a brand-new development, with its eagerly-awaited projects currently in the construction and planning phases. However, the financial indicators available so far are highly promising.
The broader Dubai real estate market enjoyed record-breaking figures in 2022, and Rashid Yachts and Marina’s picturesque seafront location (along with the substantial investment it’s received) sets it up nicely to enjoy a stake in this success.
With the market still so fresh, investors have an opportunity to take advantage of substantial capital appreciation between a project’s initial launch and the handover.
AVERAGE CAPITAL APPRECIATION IN RASHID YACHTS AND MARINA OVER THE PAST 12 MONTHS
- Rashid Yachts and Marina overall: 7% capital appreciation
HOW TO CHOOSE A PROPERTY INVESTMENT IN RASHID YACHTS AND MARINA
Rashid Yachts and Marina boasts an array of state-of-the-art apartments and modern townhouses, along with a few exclusive penthouses.
The development’s crown jewel is its iconic promenade, which is the strategic location for the majority of significant developments.
Properties with stunning seafront views, big windows, and generous balconies capitalise on the maritime setting, making the perfect choice for savvy investors. Since the region is steeped in opulence, it should be no surprise that the most sought-after residential developments feature upscale amenities like gyms and recreational spaces.
RASHID YACHTS AND MARINA RENTAL MARKET
While rental yield data specific to Rashid Yachts and Marina is unavailable during its current construction, broader market trends provide valuable insights.
Starting rental values for Dubai property:
- Average gross yield for Dubai properties: 6%
Plus, market analysts are projecting positive rental growth in the area, so investors can expect competitive yields.
The projects in development in Rashid Yachts and Marina will accommodate both short and long-term rentals thanks to the location and nearby attractions, providing a stable income for some investors.
RASHID YACHTS AND MARINA REAL ESTATE OUTLOOK
With an AED 25-billion investment project currently underway, Rashid Yachts and Marina is in the midst of a groundbreaking development project set to redefine luxury living.
The responsibility for this initiative lies in the safe hands of Emaar, a reputable real estate development firm with a strong track record across Dubai — including in popular locations such as Dubai Downtown and the Marina.
RASHID YACHTS AND MARINA LOCATION AND LIFESTYLE
Rashid Yachts and Marina integrates iconic skylines and modern amenities with distinctive features that can’t be found anywhere else in Dubai. Its (soon-to-be) longest swimmable canal pool in Dubai and floating yacht club are defining attractions that will impress even the most well-travelled visitors.
Amid the architectural prowess, there’s a touch of nature and greenery to enjoy. Rashid Yachts and Marina is home to six district parks connected with a green space, along with a pristine beach that stretches out for 12,600 square meters — complete with all the facilities needed to enjoy a day by the sands and sea.
Residents can enjoy a touch of culture too. There are movie theatres, art galleries, restaurants, and museums — including the historic ocean liner QE2, which has multimedia exhibits showing history from the 1960s.
One of the standout projects is a luxury entertainment complex called The Dubai Mall by the Sea, which will offer a range of dining and leisure activities in a mesmerising waterfront setting.
Dubai is known for attracting high-end tourism, and Rashid Yachts and Marina is set to be a top draw. Its long marina can accommodate thousands of long yachts, which will secure its place as an elite global destination for cruise tourism.
For those who want to head out into the city and not into the sea, Rashid Yachts and Marina has a strategic location close to Bur Dubai, Deira, and Port Rashid. It’s also close to the airport and corporate districts like Business Bay, making it an ideal choice for professionals.
WHAT IS THE MIX OF OFF-PLAN AND COMPLETED PROPERTIES IN RASHID YACHTS AND MARINA?
In Rashid Yachts and Marina, 100% of the property market is currently off-plan. This offers a perfect opportunity for pioneering investors to get involved in a burgeoning market.
WHAT IS THE DIFFERENCE BETWEEN RASHID YACHTS AND MARINA AND MINA RASHID?
When the development project was first announced, it was known as Mina Rashid. It has since been renamed to Rashid Yachts and Marina, but the two terms are sometimes used interchangeably.
WHAT INVESTMENT BUDGET DO YOU NEED TO BUY PROPERTY IN RASHID YACHTS AND MARINA?
An investment budget of AED 1.5 million is enough to buy a smaller apartment in Rashid Yachts and Marina.
Alternatively, a larger budget of AED 3-5 million will secure more luxurious properties in one of the top locations.
