Already widely recognized as one of the major commercial sites and cruise destinations in the Middle East and home to the world-renowned luxury hotel, Queen Elizabeth 2, Mina Rashid, also known as Port Rashid, aims to inspire awes even more and transform into the glittering jewel of Dubai’s coast. With myriad ambitious waterfront developments on the way and a diverse property portfolio of high-end apartments, Mina Rashid offers a plethora of lucrative investment opportunities for prospective investors looking to invest in real estate in Dubai. Below is an overview of this astounding development and the extraordinary projects it offers. Stay tuned!
Mina Rashid, also known as Port Rashid, was opened in the 1970s as a trading port and bears significant cultural and historical value. The port is already well-established as an international commercial and cruise hub, though Emaar Properties intends to take this iconic site to another level and undertake many exquisite waterfront developments in the area on the culturally- and historically- rich infrastructure dating 47 years back.
Emaar Properties, one of the most prominent real estate developers of the UAE, is planning a vast array of residential, commercial, and leisure developments, from high-end apartments to top-notch hotels, restaurants, and shopping centers spread across 7 districts spanning over a total area of 6.8 million square feet in addition to a private beach and world-class marina.
Furthermore, Mina Rashid is already a world-renowned waterfront destination. It has been awarded the title of Middle East’s leading cruise tourist destination by the World Travel Awards for 8 consecutive years. In addition, Mina Rashid is home to the opulent Queen Elizabeth 2 (QE2) hotel, a permanently floating 13-deck resort catering to its guests with stunning views, authentic international restaurants, and iconic cruise terminals.
These, however, are just the beginning. Having delivered up to 200 astounding developments in Dubai, Emaar Properties aims to add many other developments to the area. Upon delivery, the new Mina Rashid is going to comprise the iconic Dubai Mall by the Sea, 430 wet berths and a 500-meter-long canal. With all these marvelous projects on the way, Mina Rashid is set to become the glittering jewel of the coast of Dubai and one of the world’s most famous waterfront destinations.
A plethora of outstanding projects are going to be unveiled in Mina Rashid and these include opulent residential communities as well. Port Rashid’s property portfolio comprises a wide range of 1-, 2-, and 3-bedroom apartments all enriched with a wide range of world-class amenities.
In addition, Mina Rashid apartments come with spacious balconies and floor-to-ceiling windows so that the residents can enjoy the alluring views of the surroundings to the fullest. The size of Port Rashid apartments ranges between 700 square meters to 2060 square meters and the prices start at AED 974,888.
Mina Rashid is going to be home to many astounding developments, including several gorgeous residential communities offering some of the finest apartments for sale in Dubai. 4 of the most popular communities in Port Rashid include:
Projects Name | Property Type | Min. Price | Completion |
---|---|---|---|
Marina Place 2 | Apartments | 2,080,000 | 2028 Q4 |
Marina Place 1 | Apartments | 2,080,000 | 2028 Q4 |
Porto View | Apartments | 1,930,000 | 2028 Q4 |
Pier Point 2 | Apartments | 1,930,000 | 2028 Q4 |
Avonlea Apartments | Apartments | 3,620,888 | 2027 Q4 |
Bayline Apartments | Apartments | 2,340,888 | 2027 Q4 |
Ocean Star Apartments | Apartments | 1,700,000 | 2028 Q3 |
Ocean Point Apartments | Apartments | 1,660,000 | 2028 Q2 |
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