Rashid Yachts & Marina is a waterfront neighbourhood in Dubai located at Mina Rashid (Port Rashid). It is named after Sheikh Rashid bin Saeed Al Maktoum, who played a key role in transforming the emirate into a major trade and transport centre for the Middle East. Mina Rashid was originally the region's largest seaport and has long remained an important transport hub for international trade. In recent years, it has lost its strategic importance in cargo transport. Ambitious projects to transform the area have made the port a central landmark.
The historical significance of Rashid Yachts & Marina lies in its role in the development of Dubai as a global trading hub. It was here that the first cruise liners and cargo ships docked, bringing goods from around the world. Today, Mina Rashid retains the spirit of the emirate's maritime history and its transformation into Rashid Yachts & Marina emphasises the authority's commitment to combining tradition with modern trends.
The area's cultural heritage is also reflected in facilities such as the Queen Elizabeth 2 floating hotel and various historical displays that tell the story of Dubai's formative years. The transformation of Rashid Yachts & Marina into a prestigious residential cluster with a focus on yachting and marine tourism reflects the city's overall development strategy.
The master developer of Rashid Yachts & Marina is Emaar Properties. It is one of the leading developers in the UAE, owning projects such as Burj Khalifa and Dubai Mall. Emaar aims to create a unique ambience in the neighbourhood, combining modern architecture with Dubai's rich cultural heritage. The architectural style emphasises maritime history and harmonises with the use of traditional Arabic design elements.
Located in the eastern part of the emirate, Rashid Yachts & Marina borders Bur Dubai and Deira. Thanks to its proximity to major transport hubs Sheikh Rashid Road and Sheikh Zayed Road, residents and visitors to the area can easily access key locations. Dubai International Airport is about 15 minutes away, while Downtown Dubai and Business Bay are 20 minutes away.
The infrastructure of Rashid Yachts & Marina is carefully designed. There are plans to open modern educational institutions here. Among the nearest can be highlighted GEMS Winchester School at Oud Metha and Ambassador School at Bur Dubai, travelling time to which takes 10-15 minutes. Toddlers can attend the British Orchard Nursery. The most reputable clinics in the area are Rashid Hospital, Dubai London Clinic and Aster Clinic, providing residents with a wide range of medical services.
Along the waterfront at Rashid Yachts & Marina, you can find numerous boutiques, cafes and restaurants. Popular establishments include Arabian Tea House, which serves authentic Arabic cuisine, and Paul Bakery, known for its French desserts and breakfasts. For coffee lovers, the popular Starbucks chain is open here. As for supermarkets, residents can shop at Spinneys and Choithrams in Bur Dubai, as well as Carrefour in Wafi Mall.
Rashid Yachts & Marina will feature six interconnected parks with numerous green spaces for recreation and strolling. Among them are: Rashid Park with spacious playgrounds and jogging tracks, and Seaview Garden, which offers picnic facilities overlooking the bay. To keep fit, residents can visit the sports courts for tennis and football, or the outdoor yoga areas. There are jogging and cycling paths along the entire waterfront. Rashid Yachts & Marina also hosts regular events such as farmers' markets, concerts and open-air cinema sessions.
The transport accessibility of Rashid Yachts & Marina makes it easy to get around the city. Public transport is provided by several bus routes, namely F13 and 29. Al Ghubaiba Metro Station is a 10-minute drive away. Al Seef Marine Transport Station, a ferry station offering water taxi services, is located nearby. Additional transport options are expected to be developed in the future, including an expanded bus network and improved cycling infrastructure.
Among the area's attractions is the Queen Elizabeth 2 floating hotel, a former British liner converted into a large hotel complex with restaurants and entertainment facilities. There are still plans for a museum and theatre, which will be popular with residents and tourists alike. There is also a 12,600 square metre beach and a 500 metre long water canal (the longest in Dubai), as well as a floating yacht club.
Rashid Yachts & Marina is in close proximity to Pearl Jumeirah (10 minutes by car), Dubai Creek Harbour and City Walk (15 minutes), and Palm Jumeirah and Dubai Marina (25-30 minutes).
Properties at Rashid Yachts & Marina are available in numerous options and layouts. This variety allows you to find a property to suit your individual preferences and needs. Emaar offers several projects in the neighbourhood, each with its own features and benefits.
Marina Place includes 1-3 bedroom apartments and 3 bedroom townhouses. These properties at Rashid Yachts & Marina feature spacious layouts and modern amenities.
Ocean Cove offers 1-3 bedroom apartments. The finishes combine contemporary design and quality materials. Residents of these apartments at Rashid Yachts & Marina enjoy harbour views.
Marina Views is located on the waterfront. The development includes 1-3 bedroom apartments. Residents of these properties in Dubai have access to a variety of amenities including shops, restaurants and recreational facilities.
Clearpoint offers 1 to 3 bedroom apartments with high quality finishes. These apartments in Dubai offer picturesque waterfront views.
The Porto View project offers both cosy 1-bedroom apartments and spacious 3-bedroom townhouses. Residents enjoy numerous amenities such as an infinity pool overlooking the harbour and a state-of-the-art gym.
The economic appeal of the area is due to its strategic location, developed infrastructure and high demand for property in Dubai. Property investment of properties at Rashid Yachts & Marina is considered to be profitable, with an expected ROI of 6-7%.
Due to the demand for the area and its popularity among tourists and locals, apartments at Rashid Yachts & Marina have a high potential for value growth, and owners can receive a stable rental income. In addition, there are no property taxes or rental income taxes in the UAE. This is especially relevant for those seeking to diversify their assets and obtain a stable source of income.
Rashid Yachts & Marina
