ABOUT MINA RASHID
Mina Rashid, also known as Port Rashid, is a historic waterfront destination in Dubai located between Deira and Bur Dubai. Once a major trading port, the area is being transformed into a luxury coastal community by Emaar in partnership with P&O Marinas. Spanning approximately 6.8 million sq. ft., the master development will feature seven districts, a private beach, marina, hotels, retail outlets and waterfront residences. The iconic Queen Elizabeth 2 (QE2) remains a key landmark within the community.
IN A NUTSHELL
- Waterfront redevelopment of historic Port Rashid
- Developed by Emaar and P&O Marinas
- Offers 1 to 3-bedroom luxury apartments
- Features private beach, marina and canal
- Home to Queen Elizabeth 2 (QE2)
- Close to Deira and Bur Dubai
COMMUNITY OVERVIEW
Originally established in the 1970s under the vision of Sheikh Rashid bin Saeed Al Maktoum, Port Rashid played a vital role in Dubai’s maritime history. Today, it is being reimagined as a Riviera-style coastal destination blending heritage with modern living. The redevelopment includes a floating yacht club, luxury hotels, retail promenades and leisure attractions. With 430 wet berths and a 500-metre canal, Mina Rashid is set to become a key hub for cruise tourism and waterfront living.
PROPERTIES IN MINA RASHID
Mina Rashid primarily offers mid- to high-rise apartment buildings featuring:
- 1, 2 and 3-bedroom waterfront apartments
- Unit sizes ranging from approx. 700 sq. ft. to 2,060 sq. ft.
- Floor-to-ceiling windows and large balconies
- Modern interiors with marina and sea views
The development focuses on premium coastal living with contemporary design.
RENTAL TRENDS IN JVC
- 1-bedroom apartments average around AED 87,000 per year
- 2-bedroom apartments average around AED 150,000 per year
- 3-bedroom apartments average around AED 300,000 per year
SALES TRENDS IN MINA RASHID
- 1-bedroom apartments average around AED 2.08M
- 2-bedroom apartments average around AED 3.12M
- 3-bedroom apartments average around AED 5.86M
- 4-bedroom apartments average around AED 10.28M
Prices vary depending on building, view and proximity to the marina.
POPULAR DEVELOPMENTS IN MINA RASHID
- Seagate
- Marina-facing residential towers
- Waterfront promenade residences
- Upcoming “Dubai Mall by the Sea” retail destination
MOSQUES NEAR MINA RASHID
- Bin Zayed Mosque
- Masjid Hareb Bin Hareb
- Ali Ibn Abi Talib Mosque
- Grand Bur Dubai Mosque
These mosques are accessible within a 15–20 minute drive.
OTHER PLACES OF WORSHIP NEAR MINA RASHID
Churches in Umm Hurair include:
- St. Mary’s Catholic Church
- Holy Trinity Church
Hindu temples such as Shiva Temple and Shirdi Sai Baba Mandir are located in Bur Dubai within 15 minutes.
SCHOOLS AND UNIVERSITIES NEAR MINA RASHID
Schools:
- Ambassador School
- Hessa Bint Al Mer Private School
- GEMS Winchester School
Universities:
- Mohammed Bin Rashid University of Medicine and Health Sciences
- Al Wasl University
These are located within a 15–20 minute drive.
HOSPITALS AND CLINICS NEAR MINA RASHID
Healthcare facilities include:
- Dubai Dental Hospital
- Moorfields Eye Hospital Dubai
- Rashid Hospital
- Aster Hospital
Most are located within 20 minutes in Dubai Healthcare City and surrounding areas.
MALLS NEAR MINA RASHID
- Upcoming Dubai Mall by the Sea
- City Centre Al Shindagha
- BurJuman
- Mercato Shopping Mall
These provide a mix of retail, dining and entertainment options.
TRANSPORTATION & CONNECTIVITY
Mina Rashid is well connected via Al Mina Road and Sheikh Rashid Road, providing access to central Dubai areas. Dubai International Airport is within a short driving distance, enhancing its appeal for residents and tourists. Public transport options are available in nearby areas, though private vehicles are commonly used.
LIFESTYLE & LEISURE
Residents can enjoy a waterfront lifestyle with:
- Marina promenades and yacht facilities
- Private beach access
- Dining and retail destinations
- Cultural and heritage attractions
The presence of Queen Elizabeth 2 (QE2) adds a unique hospitality and entertainment element.
FUTURE DEVELOPMENTS / REAL ESTATE OUTLOOK
Mina Rashid is one of Dubai’s most ambitious waterfront redevelopments. With ongoing construction and major infrastructure plans, the area is expected to become a prime coastal destination. Its combination of heritage, location and modern development makes it attractive for long-term investment and capital appreciation.
THINGS TO CONSIDER
Mina Rashid offers a unique blend of history and modern waterfront living. However, as a developing community, some amenities are still under construction. It is ideal for investors and buyers seeking future-ready coastal properties with strong growth potential in Dubai.
