Rashid Yachts & Marina is a district of Dubai, 661 m from Al Ghubaiba Metro Station, 6 listings available with us.
Rashid Yachts & Marina is the reimagined Mina Rashid precinct on Dubai Creek, combining a marina and a Riviera-style waterfront neighbourhood with views to the Arabian Gulf and Downtown Dubai. The masterplan assembles residential blocks, marina berths, hospitality and leisure elements around a new waterfront promenade and a long swimmable canal.
Rashid Yachts & Marina (formerly Mina Rashid) is a large-scale waterfront redevelopment led by Emaar in partnership with P&O Marinas. The scheme consolidates Port Rashid’s maritime heritage with new residential and leisure uses: a marina capable of handling large yachts, a sandy beach, public promenades and a mixed-use retail and dining destination that has been described as ‘The Dubai Mall by the Sea’. The development sits on the Dubai Creek near Bur Dubai and Deira, with views of the Arabian Gulf and the Downtown Dubai skyline. The retired ocean liner QE2, now a permanently docked hotel and exhibition, is a focal point within the precinct.
Rashid Yachts & Marina is pedestrian-accessible to the Dubai Metro Green Line: the nearest station is coded G24 and lies approximately 661 metres from the site, a walkable distance. By car, typical drive times from the marina area are reported as:
The precinct also benefits from existing cruise-terminal infrastructure at Port Rashid: the Hamdan bin Mohammed Cruise Terminal is operated by P&O Marinas and provides berth-side services for visiting yachts and cruise ships.
Key infrastructural and place-making elements reported for Rashid Yachts & Marina include:
The development has been presented as a major investment in Dubai’s cruise and yachting offering, intended to expand the city’s role as a regional cruise hub and to provide enhanced facilities for yacht owners and visitors.
The masterplan foresees midrise waterfront apartments, townhouses and hospitality components arranged along promenades and piazzas. The first properties offered to the market were named Sirdhana in reference to the historical vessel that first docked at Port Rashid. The initial phase, promoted under the name Seagate (formerly Sirdhana), comprises contemporary apartments with full-height windows and balconies, podium amenities and community recreation facilities.
Examples of projects within the Rashid Yachts & Marina site include:
Typical on-site amenities referenced for early phases include a community podium with gym, children’s play areas, recreational courts and shared leisure spaces; these reflect the developer’s positioning of the neighbourhood as waterfront living with leisure and family-oriented facilities.
Rashid Yachts & Marina targets several buyer and occupier groups:
What scale of marina does Rashid Yachts & Marina offer?
The marina is described as having over 430 wet berths with the capacity to accommodate very large yachts, including some vessels up to 100 metres in length.
Who is developing the project?
The redevelopment is being undertaken by Emaar in partnership with P&O Marinas; P&O Marinas has provided and will continue to develop marina and berthing facilities in the precinct.
Is the QE2 still part of the site?
Yes. The QE2 remains docked at Port Rashid and functions as a hotel and exhibition platform that interprets its maritime history.
What transport links serve the area?
The site is within walking distance of the Green Line metro station coded G24 (roughly 661 metres). Road drive times to central Dubai destinations are typically quoted in minutes (for example, around 16 minutes to Dubai Mall and about 17 minutes to DXB under normal traffic).
The figures below come from registered Dubai Land Department transactions, not from listings. We show the median rather than the mean, so that one-off penthouses do not distort it.
The yearly figure compares the last 12 months with the 12 before them. Calendar years would not work here: the current one is unfinished, so the comparison would understate the change. The median across the whole district moved +12% over the same year — that gap reflects which buildings came to market, not existing homes changing in price.
Top to bottom: purchase price per m², year, annual rent per m², gross yield. Showing the last 5 years, from 2022.
* 2026 is still in progress, so its bar covers part of the year and is not directly comparable with the ones before it. The growth figure below uses completed years only.
All figures are medians rather than means: in thin years the mean swings with the mix of units and shows movement the market never had. The yield is gross — service charges are not published in the register, so they cannot be deducted honestly.
| Building | Deals | Price per m² |
|---|---|---|
| Baystar by VIDA Tower 1 | 158 | 37 251 |
| Aurea | 158 | 33 378 |
| Marina Place 2 | 151 | 31 140 |
| Marina Place 1 | 127 | 31 462 |
| Baystar by VIDA Tower 2 | 125 | 34 765 |
| SERA 2 - Tower B | 61 | 29 613 |
| Sunridge | 60 | 20 454 |
| Fior 1 | 52 | 32 873 |
| SERA 2 - Tower A | 51 | 29 838 |
| Seascape - Building 2 | 49 | 19 523 |
| Seagate Building 1 | 35 | 19 522 |
| SERA 1 - Tower A | 34 | 30 925 |
Linked names lead to our pages for those projects.
Source: Dubai Land Department transaction registry. Prices per square metre, sale transactions.
Dubai market as a whole: prices, transactions and trends (DLD data) →
Neighbouring areas and sub-communities to compare location and prices.
