RASHID YACHTS & MARINA INVESTMENT GUIDE

RASHID YACHTS & MARINA: EMAAR'S AED 25 BILLION WATERFRONT MASTERPLAN AT PORT RASHID

Rashid Yachts & Marina is Emaar Properties' AED 25 billion Riviera-style waterfront masterplan at Port Rashid in Bur Dubai, formerly known as Mina Rashid. The development sits between Dubai Creek and the Arabian Gulf with direct sightlines onto the Downtown Dubai skyline, and represents Emaar's flagship marine-themed luxury proposition outside the Palm Jumeirah and Dubai Harbour clusters. The project is being undertaken in partnership with P&O Marinas, who provided the land base and continue to operate the 430-berth super-yacht marina infrastructure.

The amenity proposition is genuinely differentiated. The masterplan integrates Dubai's longest swimmable canal pool at 500 metres, a 12,600 square metre sandy beach (rare for an inner-creek location), a floating yacht club, and the planned 'Dubai Mall by the Sea' upscale retail and dining destination. The marina itself accommodates yachts up to 100 metres in length across 430 wet berths with single-night, seasonal and annual berthing options — positioning Rashid Yachts & Marina to capture the broader Mediterranean-style yacht-owner market relocating super-yacht operations to Dubai for tax, climate and infrastructure reasons.

The product mix runs across multiple Emaar towers. Marina Place launched at AED 2.1 million for one-bedroom apartments at 700 to 800 square foot footprints, putting the per-square-foot multiple around AED 2,600 to AED 3,000. Marina Views launched lower at AED 1.65 million entry. The Bayline and Avonlea towers (Q4 2023 onwards) priced one-bedroom residences from AED 1.6 million, with two- and three-bedroom apartments running AED 2.3 to AED 3.3 million. First handovers began in Q3 2022 with rolling delivery across the towers through 2025 and into 2026.

The investment thesis here is exposure to Emaar's marina-themed waterfront positioning at the structural intersection of Dubai's historical Bur Dubai core and the modern Downtown skyline — with proximity advantages over Dubai Harbour and Palm Jumeirah for buyers and tenants prioritising creek and DIFC access. The trade-off is the still-emerging operational status of the marina and retail precincts — the floating yacht club and Dubai Mall by the Sea are programmed for completion through 2026 to 2027 — the single-developer concentration through Emaar, and the risk profile of a marina-product premium that has historically faded in softer Dubai cycles. The Bur Dubai location also carries a different demographic profile than Jumeirah, JBR or Dubai Marina; investors should expect a tenant base oriented toward DIFC professionals, hospitality industry leadership and creek-tourism workers rather than the JBR or Dubai Hills family-and-school demographic.

This guide covers the relative-value case for Rashid Yachts & Marina against Dubai Harbour (the proven sister waterfront product), Palm Jumeirah for premium beachfront alternatives, and La Mer or Pearl Jumeirah for diversified Tier 1 waterfront exposure; the supply outlook in a multi-tower phased delivery sequence; and the entry strategy at AED 1.6 million one-bedroom through to AED 3.3 million three-bedroom apartment tickets across the active towers. Expect a clear-eyed view of the marina-product tailwind and the operational-readiness risk profile.