Rashid Yachts & Marina

Rashid Yachts & Marina is not just a neighborhood; it's a place where luxury yachting, modern urban style, and unique opportunities for comfortable living converge. From its convenient location near key landmarks to its world-class infrastructure, every aspect of this area is carefully designed to offer an unforgettable experience. Want to know more? For example, is it worth investing in this area? We offer expert opinions with up-to-date figures, as well as a complete overview of the benefits and features of Rashid Yachts & Marina.

Location of Rashid Yachts & Marina

Rashid Yachts & Marina is located on the coast of Dubai in the prestigious Port Rashid area, not far from the city center. The neighborhood is conveniently located near Sheikh Zayed Road, one of Dubai's main transport arteries, allowing quick access to the city center and Dubai International Airport.

Rashid Yachts & Marina is surrounded by iconic landmarks and key areas. Nearby are the vibrant Bur Dubai district and the historic Al Fahidi Quarter, home to cultural sites and museums. The area is also close to Dubai Creek Harbour, a modern waterfront known for its stunning views and world-class infrastructure.

Rashid Yachts & Marina offers direct access to the sea and facilities for yacht owners, as well as beautifully designed green spaces for relaxation.

Travel Times to Key Locations:

  • Dubai International Airport: 18-19 minutes
  • Deira: 16-18 minutes
  • Burj Khalifa: 18-20 minutes
  • Al Ghubaiba: Approximately 30 minutes
  • Sheikh Zayed Road: On average 20-25 minutes
  • Dubai Creek Harbour: 23-25 minutes

Rashid Yachts & Marina’s prime location and easy connectivity make it an ideal place for both living and investment.

Advantages and Features of Rashid Yachts & Marina

Rashid Yachts & Marina, developed by Emaar Properties, offers a unique luxury lifestyle centered around yachting, seaside relaxation, and vibrant urban experiences. Residents of the area enjoy access to private beaches and exclusive clubs, creating a resort-like atmosphere right in the heart of Dubai. With its strategic location, the neighborhood is perfectly suited for both residential living and tourism, providing easy access to major tourist attractions and business centers.

For example, Rashid Yachts & Marina features over 3,000 modern apartments and luxurious villas, primarily with 1-4 bedrooms, many of which offer picturesque views. All properties are finished to the highest standards of luxury, ensuring a premium living experience.

For those who enjoy an active lifestyle, the community offers six parks for walking and sports, as well as a central swimming pool along the canal where residents can relax in the sun. Yacht enthusiasts will also find modern docking facilities for yachts up to 100 meters long, making it an attractive location for yacht owners and lovers of high-end boats.

In addition to its luxurious homes and rich infrastructure, Rashid Yachts & Marina offers several other key benefits. One of the standout advantages is the "Golden Visa" program, which grants long-term residency visas to investors who purchase property in the UAE. This makes the area even more appealing to international buyers, adding an extra layer of value and investment potential.

Rashid Yachts & Marina combines luxury, convenience, and exclusivity, making it an ideal place for those looking for a sophisticated lifestyle in one of the most sought-after locations in Dubai.

Infrastructure of Rashid Yachts & Marina

Rashid Yachts & Marina is a prestigious waterfront district in Dubai, offering a well-developed infrastructure and an excellent location. It provides everything residents and tourists need for a comfortable and active lifestyle: shopping malls, cafes, schools, and leisure facilities. Below are some of the key amenities in the area.

Shopping Malls:

  • Dubai Mall – The largest mall in Dubai and one of the largest in the world, offering an extensive range of shops, entertainment options, and dining experiences.
  • BurJuman Mall – A shopping center in Bur Dubai, featuring a wide variety of brands and leisure activities, from fashion to dining.

Cafes and Restaurants:

  • QE2 Floating Restaurant – Located on the legendary Queen Elizabeth 2 liner, this floating restaurant offers gourmet dining with views of the water.
  • Al Dawaar – A restaurant with panoramic views, offering fine dining and an impressive outlook over the city.

Beaches:

  • La Mer Beach – A beautiful white-sand beach, perfect for family outings or relaxing with friends.
  • Kite Beach – A paradise for water sports enthusiasts and those who enjoy outdoor activities.

Bars and Entertainment Venues:

Nightlife lovers will find several popular spots:

  • QE2 Lounge – A bar and lounge aboard the Queen Elizabeth 2 ship, offering evening relaxation with sea views.
  • Sky Lounge – A trendy bar in the Bur Dubai area, offering stunning views of the city skyline at night.

Fitness and Sports:

  • Fitness First Bur Dubai – A well-equipped fitness club with modern gym equipment and group fitness classes.
  • Corefit Dubai – A fitness center offering a wide range of workouts, from CrossFit to functional training.

Supermarkets:

  • Spinneys – A leading supermarket in Dubai, known for high-quality groceries and home goods.
  • Carrefour – A large supermarket nearby, offering a wide selection of products for daily needs.

Parks:

For relaxation and outdoor activities, Rashid Yachts & Marina offers access to several green spaces:

  • Zabeel Park – One of the largest parks in Dubai, perfect for picnics and leisurely walks.
  • Al Fahidi Park – A cozy park in the historical district, ideal for quiet strolls and enjoying nature.

Clinics and Hospitals:

  • Medcare Hospital – A medical center in Bur Dubai, offering a wide range of healthcare services.
  • Aster Clinic – A well-regarded clinic offering top-quality medical care, just a few minutes away from the area.

Schools and Nurseries:

  • GEMS Winchester School – A reputable school in Bur Dubai, offering a British-style education.
  • Blossom Nursery – A modern nursery providing early childhood education with a progressive curriculum.

Mosques and Churches:

Rashid Yachts & Marina is home to religious diversity:

  • Grand Mosque – One of the largest mosques in Dubai, offering a peaceful space for worship.
  • St. Mary's Catholic Church – A well-known Catholic church located nearby, offering services for the local Christian community.

Rashid Yachts & Marina offers a comprehensive range of amenities to ensure a high quality of life for residents, blending luxury living with convenience and access to essential services. Its prime location near Dubai's key attractions and business districts adds to its appeal, making it one of the most desirable places to live in the city.

Major Attractions at Rashid Yachts & Marina

1. The Queen Elizabeth 2 Floating Hotel
The legendary ocean liner Queen Elizabeth 2, transformed into a luxurious hotel, has become one of the most iconic attractions in the area. This incredible fusion of the ship's fascinating history and modern comfort offers exclusive rooms, restaurants, and museums dedicated to the history of maritime navigation. Guests can experience the ship’s rich legacy while enjoying world-class amenities.

2. Pierchic Restaurant
This famous seafood restaurant is renowned for its exceptional seafood dishes and stunning panoramic views of the Arabian Gulf and the horizon. Perfect for romantic dinners or special events, Pierchic has become a cult destination for food enthusiasts seeking an upscale dining experience in a beautiful setting.

3. Dubai Museum of Water
Located directly on the water within Rashid Yachts & Marina, the Dubai Museum of Water is dedicated to the history of maritime navigation in the UAE. The museum features unique exhibits, including ancient maps, maritime artifacts, and ship models. It is an important cultural landmark in the district, attracting those interested in the history of sea exploration and maritime culture.

4. Canal Pool
One of the longest swimming channels in Dubai, stretching 500 meters, is available exclusively to residents of the complex. This unique spot, surrounded by palm trees and sun loungers, provides an opportunity to relax in the shade with stunning views of the modern city skyline. The tranquil atmosphere makes it a perfect place to unwind.

5. Laguna Waterpark
Located nearby in the La Mer district, Laguna Waterpark is a popular recreational destination for families and tourists. The park offers a variety of attractions, from high-speed water slides to a lazy river, making it a great place for an active day out. It’s an ideal spot for those looking to have fun in the sun while enjoying water-based entertainment.

Rashid Yachts & Marina is home to a range of attractions that combine leisure, luxury, and cultural heritage, making it a unique and sought-after destination for both residents and visitors. The blend of history, modern amenities, and exclusive experiences makes this area an iconic part of Dubai’s waterfront lifestyle.

Complexes
Residential Complexes at Rashid Yachts & Marina
  • Seagate
    Features: Panoramic windows, stunning views, and comfortable bedrooms ranging from 1 to 3. There are also 4-bedroom penthouses available.
  • Sirdhana
    Features: 1-3 bedroom apartments with balconies and direct access to the waterfront promenade.
  • Ocean Point
    Features: Luxury apartments with 1-3 bedrooms and penthouses offering spectacular views of the marina and the sea.
  • Seascape
    Features: 1-3 bedroom apartments, with access to private swimming pools and relaxation zones.
  • Sunridge
    Features: Spacious 1-2 bedroom apartments with beautiful sea views.
  • Marina Residences Townhouses
    Features: Two-story townhouses with 2-3 bedrooms, providing additional space and privacy.
  • Duplexes in Seagate
    Features: Expansive two-level apartments with large terraces and views of the marina.
  • Bayline
    Features: 1-3 bedroom apartments and townhouses, providing access to private pools and other premium amenities.
Transport Accessibility

Rashid Yachts & Marina offers excellent transport connectivity, making it easy to reach key parts of Dubai:

Buses: Bus routes C1 and X92 serve the area, connecting it with key points in the city, including business and shopping districts. The nearest bus stops are located 10-15 minutes from the Seagate and Sirdhana complexes.

Metro: The nearest metro station is Al Ghubaiba, located just 10-15 minutes from Seagate and Sirdhana. From here, residents can quickly access central Dubai, including the BurJuman and DMCC stations, making travel across the city fast and convenient.

Taxis and Ride-sharing: Official taxis, as well as ride-hailing services like Uber and Careem, are available 24/7 for easy access to any destination.

Bikes and Pedestrian Zones: Rashid Yachts & Marina is equipped with well-maintained pedestrian walkways and bike lanes, perfect for walking or cycling along the coast.

Trams/Monorail: Currently, there are no tram or monorail routes serving the area

Average Property Prices for Rent and Sale

As of 2024, property prices in Rashid Yachts & Marina vary depending on the type and size of the property:

Average Property Purchase Prices:

  • 1-bedroom apartments: AED 1.5 – 1.87 million (~USD 400,000 – 500,000)
  • 2-bedroom apartments: AED 2.1 – 2.6 million (~USD 590,000 – 710,000)
  • 3-bedroom apartments: AED 4.2 – 4.9 million (~USD 1.1 – 1.3 million)

Average Rental Prices:

  • Studios: AED 40,000 – 50,000 per year (~USD 10,000 – 13,000)
  • 1-bedroom apartments: AED 55,000 – 80,000 per year (~USD 15,000 – 23,000)
  • 2-bedroom apartments: AED 75,500 – 105,000 per year (~USD 20,000 – 28,000)
  • 3-bedroom apartments: Around AED 105,000 per year (~USD 28,000 – 29,000)
  • 4-bedroom apartments: From AED 147,500 – 160,000 per year (~USD 40,000 – 44,000)

Rashid Yachts & Marina offers a high standard of living, with a wide range of residential options for every taste and preference. Its prime location, coupled with excellent transportation links and top-notch amenities, makes it one of the most desirable places to live in Dubai. Whether for investment or as a home, it presents a unique opportunity for both local and international buyers.

Is It Profitable to Invest in Rashid Yachts & Marina?

Investing in real estate in Rashid Yachts & Marina is considered highly profitable due to two key factors:

1. High Rental Yield (ROI)

The average rental yield in Rashid Yachts & Marina ranges from 3.6% to 6.7%, depending on the type of property. This makes the area an attractive choice for investors seeking passive income through rental properties. Here are the specific rental yields for different property types:

  • Studios: 6.7%
  • 1-bedroom apartments: 6.1%
  • 2-bedroom apartments: 6.3%
  • 3-bedroom apartments: 5.3%
  • 4-bedroom apartments: 3.6%

These returns are competitive compared to other areas in Dubai, especially considering the high demand for luxury waterfront properties in this prestigious neighborhood.

2. Rising Property Prices

The unique status of Rashid Yachts & Marina as one of the most prestigious waterfront developments in Dubai, coupled with its prime location and high-end infrastructure, is driving up property values. The development attracts affluent buyers, investors, and tourists, which has led to a steady increase in property capital appreciation.

As more luxury amenities are added and the area’s popularity grows, property prices are expected to continue appreciating, offering long-term capital growth potential for investors.

Conclusion

Rashid Yachts & Marina presents a strong investment opportunity with excellent rental yields and an expected rise in property values. Whether you're looking for a steady income stream through rental properties or seeking capital appreciation, this prestigious location offers great potential for both short-term and long-term investors.

For those seeking a combination of luxury, prime location, and high return on investment, Rashid Yachts & Marina is certainly a place to consider.