Launched in Q2 2022, Seagate is a luxury waterfront residential complex in the vibrant Rashid Yachts & Marina neighbourhood. The project is being developed by Emaar Properties and consists of 4 buildings with 15, 6, 10 and 5 residential floors, which will overlook the gleaming white yachts that sit, harboured in the marina. Prospective real estate buyers have the opportunity to choose from a collection of exquisite 1-3 bedroom apartments and 4-bedroom penthouses with an estimated living area ranging from 707 sq.ft to 3,242 sq. ft. The spacious floor plans in Seagate include private balconies, while some of the layouts also provide a study and a laundry room.
When purchasing a property in Seagate, you will gain access to some of the most exclusive leisure and recreational facilities in the emirate. These are as follows:
For information on property prices in Seagate in Rashid Yachts & Marina, please register your interest on our website.
Emaar Properties offers a range of waterfront projects, including Address Residences – The Bay in Emaar Beachfront, which offers a wide range of premium apartments with full access to Micheline-starred restaurants, boutiques, an infinity pool and much more.
Seagate is located along the Dubai Creek, right between the sought-after Bur Dubai and Deira areas. As a result, its occupants will be able to benefit from easy access to many key destinations in Dubai, such as Downtown Dubai, DIFC, Dubai International Airport and Pearl Jumeirah, among others, which are all within a 20-minute drive. As the area is still under development, there are no public transport links within Seagate in Mina Zayed yet.
The closest medical and academic facilities can be found within a 15-minute drive, and are mentioned below:
It will take about the same amount of time to reach 2 iconic Dubai landmarks: Al Shindagha Museum and the Heritage Village. The latter was established in 1977 and aims to educate its visitors about the old traditional life of the UAE. Al Shindagha Museum, meanwhile, offers a unique multimedia experience with interactive videos, historic pictures and touch screens to illustrate the rich past of Emiratis. Not forgetting the Perfume House within the museum, which immerses you in the history of local fragrances.
Seagate is due for completion in Q3 2025, which means potential buyers and investors have an attractive opportunity to invest in a property here at a lower price, as upon completion, the capital value is guaranteed to increase. Mina Rashid will be home to many excellent leisure offerings, including a floating yacht club, a private beach club, branded boutiques, ‘Hospitality on the Water’, a Venetian piazza, a waterfront promenade and much more. In addition to using the property as a private residence, you can also rent it out with the help of the property management service and enjoy a decent passive income.
When investing in ready to move into real estate worth at least AED 750K (USD 205K), you can benefit from a 3-year investor visa. If you invest in a property from AED 2M (USD 545K) you will be eligible for a Golden Visa for 5 years. As a result, once the Seagate development is completed, you will gain all the perks of having a UAE residency, including family sponsorship, which will enable you to relocate your spouse and children to the UAE.
*The price is valid for 2022
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