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Rashid Yachts & Marina

Development guide

Rashid Yachts & Marina is a port district spanning over 6,803,000 sq. ft., formerly known as Mina Rashid and Port Rashid. In 2019, it underwent significant modernisation and rebranding to become a world-class yachting hub, an unmatched resort area and one of Dubai’s most popular destinations for luxury living.

Key attractions in Rashid Yachts & Marina include a harbour with 430 berths capable of docking yachts up to 330 feet long, the Queen Elizabeth 2 (QE2) floating hotel modelled after the iconic passenger liner, and a floating yacht club. It also features a unique 1,640-ft pool shaped like a canal, as well as numerous restaurants and boutiques.

The new global destination for discerning yacht owners to experience Dubai's buzzing scene in an elegant environment where beauty and luxury collide. Designed to encapsulate the ultimate modern waterfront architecture, it combines luxury residences and a full-service marina with an appealing mix of restaurants and shops, creating a unique definition of "living at sea".

Ideally located to harmonise with nature while providing urban convenience. Living at Ocean Cove means Dubai's landmarks are just an extension of your home. Embrace the city's rich heritage, the tranquillity of waterfront living, and the close proximity to bustling business districts.

The new Marina at Rashid Yachts & Marina offers convenient, hassle-free access to Dubai, accommodating 430 wet berths for yachts up to 100m long with a range of flexible berthing options, from a single night through to seasonal and annual stays.

Mina Rashid, a unique heritage truly prestigious address is one of the largest ports in Dubai.

Mina Rashid one of the largest ports and prestigious address of Dubai, which is winning eleven-time Middle East’s Leading Cruise Port award. Emaar start their new journey and present their luxury waterfront project in Dubai City's most attractive heritage which is fit for live royal life. Mina Rashid is developed under the leadership of HH Sheikh Mohammed bin Rashid Al Maktoum that will be establishing the city’s optimistic tomorrow.

Mina Rashid is a rich coastal Destination near to the sea which is 15 minutes away from Dubai Int'l Airport and 20 minutes away from Downtown Dubai. The resident of the Mina Rashid visits the nearest place like Burj Khalifa, Dubai Mall, Expo 2020 Dubai, and the soon-to-be Dubai Creek Tower.

The Mina Rashid marina is a place where history meets the future, where a commercial port involves a waterfront destination for resident, visitors, yachts and yachts owners. Dubai has one of the world's largest shipment terminal operated by a government of Dubai which provides extra attention to every passenger and gives world best service satisfaction along with travel experiences and that also including certified tour guides.

SALE
3,440,000
Ref.No: imex-4992887
3BR Apt
1,451 ft2
2,370 AED/ft2
SALE
2,500,000
Ref.No: imex-4692998
2BR Apt
1,070 ft2
2,336 AED/ft2
SALE
1,760,000
Ref.No: imex-4592978
1BR Apt
714 ft2
2,464 AED/ft2
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management