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Overview
Mina Rashid, formerly known as Port Rashid, is a historic waterfront community in Dubai that has evolved from the city's first commercial port into a luxurious residential and leisure destination. Named after His Highness Sheikh Rashid Bin Saeed Al Maktoum, Mina Rashid seamlessly blends rich cultural heritage with contemporary living, offering stunning views of the marina and the Arabian Sea. Nestled between Deira and Bur Dubai, Mina Rashid is perfect for those seeking scenic panoramic vistas and easy access to the beach and marina.
Real estate market
The real estate market in Mina Rashid features luxury apartments and waterfront residences in low-to-mid-rise buildings, providing panoramic views of the sea and Dubai Canal. Properties include spacious one to four-bedroom apartments, modern penthouses and elegant townhouses, with prices ranging from AED 1.1 M to AED 10 M. With its high-quality finishes and state-of-the-art amenities, Mina Rashid attracts both domestic and international investors, offering a promising rental yield of approximately 6%.
Amenities and facilities
Residents' amenities at Mina Rashid include:
- Dubai's longest swimming pool
- A private sandy beach
- Six interconnected parks
- A promenade lined with diverse restaurants and retail outlets
The Queen Elizabeth 2 (QE2), a historic ocean liner transformed into a floating hotel, adds a distinctive charm with its dining venues, event spaces and museum. Nearby attractions include the Dubai Museum, Al Shindagha Museum and the Dubai Maritime City.
Transportation
Commuting from Mina Rashid is efficient, with easy access to major roads and public transportation. This area is a 15-minute drive from Dubai International Airport (DXB) and just 10 minutes from Sheikh Zayed Road. Nearby bus stations include Al Ghubaiba and Dubai Dry Docks, while the Dubai water taxi offers a scenic route between the cruise terminal and Al Ghubaiba Station. Al Ras Metro Station is just two kilometres away, facilitating easy navigation throughout the city.
Lifestyle and culture
Life in Mina Rashid combines coastal tranquillity with modern luxury seamlessly. Residents can enjoy water sports, beach activities and yacht outings, all while participating in a vibrant social scene. The community fosters a close-knit atmosphere through regular social gatherings, cultural events and leisure activities—nearby attractions such as Al Shindagha Museum and Al Fahidi Fort offer rich cultural experiences. Dining options are vast, from international cuisines to local Arabian dishes and popular restaurants such as Tapa King and Nusr-Et Steakhouse are within easy reach. Mercato Shopping Mall offers residents a distinctive Italian-themed shopping experience with various fashion boutiques, cafes, and entertainment options. Spinneys and Carrefour supermarkets are also within a 15-minute drive.
Families prefer this area for its reputable schools, including Ambassador School and GEMS Winchester School. Within a 20-minute drive, Al Wasl University is renowned for higher education opportunities. Mina Rashid also caters to diverse spiritual needs, with Bin Zayed Mosque and Grand Bur Dubai Mosque nearby, as well as churches in Umm Hurair 2 and Hindu temples in Bur Dubai, which are equally easily accessible.
Investment opportunities
Mina Rashid is a prime investment destination thanks to its strategic waterfront location and solid rental yield potential. Ongoing developments led by Emaar Properties and DP World-owned P&O Marinas include an AED 25 billion investment in a floating yacht club, a large shopping mall and a private beach. These features are tailored to attract both discerning investors and residents. The blend of luxury living, historical charm and modern amenities ensures that Mina Rashid remains one of Dubai's sought-after real estate destinations.
