Pier Point 2

About the project

Pier Point 2 is a 121-apartment residential development by Emaar Properties in Rashid Yachts & Marina, within the Mina Rashid waterfront precinct on Dubai Creek. The project comprises one building with a ground floor, one podium level, 10 residential floors and a roof. It is active, with construction recorded at 8.48% completion on 14 May 2026 and a scheduled completion date of 31 October 2028.

The project structure

Pier Point 2 is planned as a single residential building containing 121 apartments. Its registered configuration is ground floor, one podium floor, 10 upper floors and a roof level. Construction began on 22 February 2025. The project is positioned in Rashid Yachts & Marina, the waterfront redevelopment of Mina Rashid on Dubai Creek. This setting combines residential buildings with marina, hospitality, retail, dining and public waterfront components. The precinct has views towards the Arabian Gulf and the Downtown Dubai skyline, while retaining Port Rashid’s maritime character through elements including the permanently docked QE2 hotel and exhibition venue.

Construction progress and completion

Pier Point 2 has an Active status. Completion was recorded at 8.48% on the inspection dated 14 May 2026. The development has a scheduled completion date of 31 October 2028. Its project start date is 22 February 2025. The development is identified as project number 3305 and consists of one building with 121 apartments. These delivery details place Pier Point 2 within the ongoing build-out of Rashid Yachts & Marina, where residential, marina and waterfront leisure components form part of the broader precinct.

Rashid Yachts & Marina setting

Rashid Yachts & Marina is a waterfront neighbourhood on Dubai Creek near Bur Dubai and Deira. The precinct brings together a marina, residential blocks, promenades, hospitality venues and leisure uses. Its masterplan includes a waterfront promenade and a 500-metre palm-fringed swimmable canal, together with a 12,600-square-metre sandy beach. The QE2 is retained within the precinct as a hotel and exhibition destination. The area also includes public spaces, parkland, art and cultural venues, with residential buildings arranged along promenades and piazzas. Pier Point 2 forms part of this marina-oriented district rather than a standalone inland development.

Marina, waterfront and leisure destinations

The marina at Rashid Yachts & Marina has more than 430 wet berths and can accommodate yachts up to 100 metres in length. Berthing options extend from short stays to seasonal and annual arrangements. The district’s waterfront elements include a floating yacht club, a private beach club, hotels and public promenades. A retail, dining and leisure destination is planned within the precinct under the name The Dubai Mall by the Sea. Port Rashid’s Hamdan bin Mohammed Cruise Terminal is also part of the area’s maritime infrastructure and provides berth-side services for visiting yachts and cruise ships. These facilities place Pier Point 2 within a district shaped by both residential and marine activity.

Connections from the marina district

The nearest Dubai Metro Green Line station to Rashid Yachts & Marina is G24, located 661 metres from the site. Typical driving times from the marina area are 16 minutes to Dubai Mall, 28 minutes to Palm Jumeirah, 26 minutes to Burj Al Arab, 32 minutes to The Walk at JBR and 17 minutes to Dubai International Airport. Al Maktoum International Airport is listed at 53 minutes by car. The location is on Dubai Creek, with Bur Dubai and Deira nearby, and has established cruise-terminal infrastructure at Port Rashid.

Developer and project delivery

Emaar Properties is the developer of Pier Point 2. The project is located at Rashid Yachts & Marina and has 121 apartments across one building. Its recorded construction start date is 22 February 2025, and the scheduled completion date is 31 October 2028. The development’s current status is Active. Pier Point 2 is part of a wider waterfront precinct that includes marina berths, a swimmable canal, a sandy beach, hospitality venues, waterfront retail and public promenades.

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