Mina Rashid Area Guide – Lifestyle, Location & Developments
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Mina Rashid

Imagine: your morning begins with the gentle sound of the Arabian Gulf waves, you enjoy coffee on your balcony overlooking the sparkling marina, and in the evening you stroll along the promenade.

Mina Rashid is a prestigious waterfront district in Dubai, ideal for those seeking premium seaside real estate close to the city center. It combines the heritage of Port Rashid with luxury residences, a world-class yacht marina, and breathtaking Gulf views — a dream destination for yacht owners, families, and investors in a rapidly growing community.

Location

Mina Rashid is ideally located on Dubai’s western coastline, between the vibrant districts of Deira and Bur Dubai, just moments away from Dubai Creek.

The district has clearly defined boundaries: to the north – Al Mina Road, to the south – Sheikh Rashid Road (D75), to the west – the sparkling Arabian Gulf, and to the east – commercial zones.

It is like an anchor in the heart of the city: quick access to Sheikh Zayed Road and Al Khail Road connects you effortlessly to the rest of Dubai, making every journey smooth and convenient.

Dubai’s key destinations are within easy reach:

  • Dubai International Airport – 12 km, 15 minutes
  • Burj Khalifa – 10 km, 15 minutes
  • Dubai Mall – 11 km, 16 minutes
  • Downtown Dubai – 9 km, 14 minutes
  • Jumeirah Beach – 15 km, 20 minutes
  • Dubai Marina – 25 km, 25–30 minutes
  • Burj Al Arab – 20 km, 22 minutes
  • Dubai Frame – 8 km, 12 minutes

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Advantages and Features of the Area

Until 1972, the Mina Rashid was a traditional trading port, but it was later transformed through a partnership between Emaar Properties and DP World.

Today, it is a luxury waterfront destination spanning 6.8 million sq. ft. (631,740 m²) — seven distinct residential clusters featuring a private beach, a 430-berth marina, and a canal.

The focus is on a premium waterfront lifestyle, from upscale residences to Float Dubai, the largest floating nightclub, and the upcoming “Dubai Mall by the Sea.”

The district is developing rapidly: cruise terminals, hotels, and restaurants are already operational, with new projects scheduled for completion in 2026–2027.

Development of Mina Rashid district

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Infrastructure

In Mina Rashid, everything is within reach — much like life aboard a luxury cruise liner, where business, leisure, and daily needs are seamlessly integrated within the community.

Ideal for both professionals and families, the district’s infrastructure is rapidly evolving, with key destinations in Bur Dubai and Deira just 10 minutes away.

  • Shopping and leisure. The upcoming “Dubai Mall by the Sea” will become your local hub for brands, restaurants, and children’s entertainment zones. Nearby are Bay Avenue Mall (15 minutes) and Dubai Mall (16 minutes).
    The canal and marina promenades are perfect for scenic waterfront walks overlooking the Gulf.
  • Supermarkets. At least five major chains are nearby (Spinneys, Carrefour, Viva, Choithrams, West Zone).
  • Gyms and fitness centers. UFC Gym, The Warehouse Gym, Core Club Pro — memberships range from AED 350–750 (USD 95–205) per month. Many residential complexes also feature gyms with Gulf views, making workouts truly inspiring.
  • Schools and nurseries. Prestigious institutions such as Global Indian School and Deira International (10–15 minutes away); nurseries including First Path Montessori and British Orchard Nursery (at least four within the area).
  • Medical facilities. Aster Clinic, Emirates Hospital Clinic, Pearl Dental; major hospitals such as Al Jalila Children’s and Dubai Hospital (10–20 minutes).
  • Cafés and restaurants. Marina-view dining includes Gazebo, Farsi, and The Kana Cafe, while promenade favorites such as Nurai Cafe and Circle Cafe bring together international flavors in a relaxed waterfront setting.

By 2026, a 1,200-berth yacht club spanning 6 km² is set to take shape, drawing sailing and sea enthusiasts from around the world.

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Attractions

The district is full of remarkable attractions, blending historic landmarks with modern masterpieces.

  • Queen Elizabeth II (2 min) – The ocean liner was launched in 1967 (specifically on September 20, christened by Queen Elizabeth II herself). It sailed the seas for nearly 40 years before being permanently docked in Dubai as a floating hotel.
  • Float Dubai (3 min) – A massive floating nightclub.
  • Marina Promenade (1 min) – A 500-meter canal lined with cafés and boutiques, perfect for romantic evening strolls.
  • Dubai Creek Harbour (10 min) – A large-scale waterfront development with parks and Gulf views – partially completed, with full completion expected by 2028–2030.
  • Dubai Frame (12 min) – An iconic architectural landmark offering panoramic views that symbolically connect Old and New Dubai.
  • Burj Khalifa (15 min) – The world’s tallest tower and a global symbol of ambition.
Queen Elizabeth II hotel liner

Residential Developments

Wake up to panoramic Gulf views, unwind at a spa, or enjoy a movie in a private cinema — Mina Rashid residences offer true luxury: infinity pools with sea views, landscaped parks, lounges, restaurants, smart home systems, 24/7 concierge service, and top-level security. Here are the key developments:

Development

Starting Price (AED)

Advantages

Comparison with Business Bay

Aurea 2.9 million Sea views, 1–3 bedroom apartments available. 20% more affordable, closer to the airport, ROI up to 8%.
Marina Views 1.55 million Marina views, available off-plan (purchase possible during planning and construction stages). More private, prices 30% lower, higher rental yield.
Seascape 3 million Private beach access, premium waterfront living. Quieter environment, ROI 7–10%, closer to the sea.
Rashid Yachts & Marina 4 million 3-bedroom duplexes. Exclusive, price growth +15–20%, ideal for investors.
The Sterling 2 million Penthouses available. More affordable, ROI 6–8%, more central location.

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Complexes
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Mina Rashid
Portside Square

Portside Square by Ellington Properties is a new embodiment of contemporary waterfront life in the legendary Mina Rashid district.

from 1 148 000 $ up to 11 010 000 $
Builder:
Ellington Properties
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Mina Rashid
Sera 2

Sera 2 by Emaar is a new luxurious waterfront development located in the prestigious Rashid Yachts & Marina district where refined architecture meets natural harmony creating the perfect setting for life by the sea.

from 2 115 888 $ up to 7 200 000 $
Builder:
EMAAR
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Mina Rashid
Marina Place 1

Marina Place within Rashid Yachts & Marina is a fresh interpretation of waterfront living in Dubai, where refined luxury is harmoniously blended with a sense of calm, privacy, and connection to the sea.

from 2 080 000 $ up to 3 970 000 $
Builder:
EMAAR
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Mina Rashid
Marina Place 2

Marina Place 2 at Rashid Yachts & Marina is a new expression of waterfront living by Emaar Properties, where contemporary elegance is seamlessly blended with Dubai’s rich maritime heritage.

from 2 100 000 $ up to 9 000 000 $
Builder:
EMAAR
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Mina Rashid
Aurea

Aurea at Rashid Yachts & Marina is a refined waterfront residential development by Emaar Properties.

from 2 310 000 $ up to 6 500 000 $
Builder:
EMAAR
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Mina Rashid
Ocean Views

The Ocean Views at Mina Rashid is a premium waterfront residential development in Dubai, embodying a harmonious blend of contemporary architecture and refined maritime elegance.

from 2 070 000 $ up to 6 500 000 $
Builder:
EMAAR
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Mina Rashid
Ocean Point

Ocean Point is a new premium residential development by Emaar Properties, located in the prestigious waterfront district of Rashid Yachts & Marina.

from 1 660 000 $ up to 5 800 000 $
Builder:
EMAAR
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Mina Rashid
Clearpoint

Clearpoint at Rashid Yachts & Marina is a residential complex by Emaar Properties, located on the waterfront in the Mina Rashid area.

from 1 540 000 $ up to 4 200 000 $
Builder:
EMAAR
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Mina Rashid
Fior

Fior at Rashid Yachts & Marina by Emaar Properties is a new premium residence located in one of Dubai’s most prestigious waterfront districts.

from 2 200 000 $ up to 5 600 000 $
Builder:
EMAAR
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Mina Rashid
Marina Views

Marina Views by Emaar Properties is a premium waterfront residential development located in the prestigious Rashid Yachts & Marina.

from 1 650 000 $ up to 1 010 000 $
Builder:
EMAAR
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Mina Rashid
Ocean Cove

Ocean Cove by Emaar Properties is a premium waterfront residential development located in one of Dubai’s most vibrant coastal destinations — Rashid Yachts & Marina.

from 1 760 000 $ up to 3 500 000 $
Builder:
EMAAR
Transportation Accessibility

As a waterfront hub, Mina Rashid offers excellent connectivity: Uber/Careem services, RTA buses (Route 8 from Gold Souq every 10 minutes), and Al Ghubaiba Metro Station (10 minutes away), providing direct access to Dubai Marina, Downtown, and the airport.

Parking: a mix of free and paid options, including multi-level parking within residential towers (hundreds of spaces) — ensuring convenience and a stress-free experience.

Average Prices for Buying and Renting Property

In Mina Rashid, there are options for everyone — from studios to penthouses with premium amenities:

Annual Rent:

  • Studio: AED 40,000–80,000 (USD 11,000–22,000)
  • 1 bedroom: AED 100,000–150,000 (USD 27,000–41,000)
  • 2 bedrooms: AED 180,000–250,000 (USD 49,000–68,000)
  • 3–4 bedrooms: AED 250,000–450,000 (USD 68,000–123,000)

Purchase:

  • Studio: AED 1.2–1.55 million (USD 327,000–422,000)
  • 1 bedroom: AED 2–2.3 million (USD 544,000–626,000)
  • 2 bedrooms: AED 3.5–4 million (USD 952,000–1.09 million)
  • 3 bedrooms: AED 5–6 million (USD 1.36–1.63 million)
  • 4 bedrooms: AED 10–15.5 million (USD 2.72–4.22 million)

Average property price: USD 800,000; price per m² – USD 5,000 (AED 2,696/sq ft).

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Is it Profitable to Invest?

Yes — property prices in Mina Rashid are around 30% lower than in Downtown, yet the growth potential is significant thanks to its development stage, premium projects, and unique waterfront charm.

The district attracts business professionals, yacht owners, and tourists.

In 2025, prices increased by 15–16% compared to 2024, with a moderate growth forecast of 4–7% for 2026.

Returns: long-term rental yields — studios up to 7%, 1–2 bedrooms 6–8%; short-term rentals >10%.

Property price growth chart in Mina Rashid

Unlike Business Bay (where prices are 30% higher), Mina Rashid offers ROI of up to 8–10% and is closer to both the airport and the sea. As the district’s development progresses, prices are expected to rise — like a yacht catching the perfect wave.

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FAQ
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