Rashid Yachts & Marina — formerly known as Mina Rashid — is a AED 25 billion Emaar development on Dubai Creek near Bur Dubai and Deira, combining a new marina with a Riviera-style waterfront residential district overlooking the Arabian Gulf. Emaar Properties is the developer, and the project is being undertaken in partnership with P&O Marinas, who made the land available and continue developing the marina and berthing facilities. The wider site sits on 6,800,000 sqft of land where Emaar plans to build seven distinct communities in the historic Port Rashid area. Off-Plan Properties + 3
Prices: what’s actually being reported
Reported entry pricing varies meaningfully by tower and by source, which is worth being upfront about rather than smoothing over:
- Marina Views, developed by Emaar, has a starting price of AED 1,650,000. Throne Properties
- Marina Place launched at AED 2.1 million for one-bedroom units in the 700–800 sqft range, putting price per square foot at roughly AED 2,600–3,000. The same source notes Bayline and Avonlea towers priced one-bedrooms from AED 1.6 million, with two- and three-bedrooms running AED 2.3–3.3 million. OlivaOliva
- Emaar’s newest launch, Sera 1, starts from AED 2.1 million with an 80/20 payment plan, across a limited run of 183 units in Sera 1 and 203 in Sera 2. Realestateclubdubai
- One area guide puts the broader entry point at roughly AED 1.5M for one-bedrooms, with penthouses and branded residences reaching AED 15M+, while another cites a higher per-square-foot band of AED 2,200–4,500/sqft based on off-plan launches between 2022 and 2025. DXBOFFPLANProperty Finder
The spread between these figures is real, not a typo — different towers, launch dates, and unit specs produce genuinely different numbers. Anyone quoting a single “the price is X” figure for this development is oversimplifying.
The marina: berthing capacity and use
The marina accommodates yachts up to 100 metres in length across 430 wet berths, with single-night, seasonal, and annual berthing options — a specification aimed at the broader Mediterranean-style superyacht market relocating operations to Dubai for tax, climate, and infrastructure reasons. Some marketing content cites a larger 600+ berth figure for the overall masterplan; 430 is the number that recurs across independent, non-affiliated sources, so it’s the safer figure to lead with. OlivaOliva
Construction status and risk
This is still primarily an off-plan and phased-delivery market. The development remains under construction as of 2026, with first-phase handovers projected for 2026–2027, and the floating yacht club and retail precincts are programmed for completion through 2026–2027, meaning buyers today are largely purchasing against master-plan commitments and Emaar’s delivery track record rather than a fully operational amenity base. Property FinderOliva
Yield expectations — reported, not guaranteed
One investment guide sets expectations broadly in line with Dubai Harbour at first handover — 4–5% gross yield on apartment stock, with actual achieved yield depending on unit-specific factors. A separate guide cites a similar 4–5.5% yield range at AED 2,200–4,500/sqft pricing. These are lower than the 7%+ figures that circulate in some marketing content — worth flagging directly, since inflated yield claims are one of the more common ways buyers get misled on off-plan Dubai product. OlivaProperty Finder
The honest risk note
The trade-off investors should weigh is the still-emerging operational status of the marina and retail precincts, single-developer concentration through Emaar, and a marina-product price premium that has historically compressed in softer Dubai market cycles. The Bur Dubai location also carries a different tenant demographic than JBR, Dubai Marina, or Dubai Hills — expect DIFC professionals, hospitality leadership, and creek-tourism workers rather than a family-and-school profile.