Mina Rashid is the new premium project from the developer Emaar Properties together with P&O Marinas. The community is located along the waterfront in Port Rashid. The development consists of seven medium size districts. They include apartments with 1-3 bedrooms as well as penthouses with 4 bedrooms. The total area of the project is estimated at 6,800,000 square feet in size. In addition to residential and infrastructure facilities there will be a private beach and marina.
The project, Mina Rashid, is under construction. Its commissioning is scheduled for the third quarter of 2022.
The main advantage of the community is the location, close to the sea and in isolation from the rest of the city. All apartments are equipped with panoramic windows overlooking the canal. Properties start in size from 697 square feet. The cost of an apartment here starts from AED 975,000 (USD 265,500).
All necessary infrastructure will be within the community, including restaurants, stores, a shopping center, a fitness center, and a beach club-bar.
Residents will have access to:
Mina Rashid is located near the central districts of Deira City, Bur Dubai and Dubai Creek Canal. This location offers easy access to Dubai’s key facilities, as well as the neighboring emirate of Sharjah.
Dubai International Airport(DXB) is a 15-20 minute drive away. Jumeirah Beach is 10 minutes away.
Al Ghuibaiba Metro Station is a short drive away.
Downtown Dubai with its popular attractions is also just a 10-minute drive away. Here you can find the Burj Khalifa, the tallest skyscraper in the world, and the Dubai Opera House, which attract tourists from all over the world.
The largest mall in the world, Dubai Mall, offers recreational options for every taste. In addition to world renowned stores, there are restaurants, food courts, a cinema, an Oceanarium, Dubai Aqua & Undewater Zoo, and an ice rink.
Ras Al Khor Wildlife Sanctuary is located only 15 minutes away. This sanctuary is home to thousands of birds and other wildlife.
Medical clinics and hospitals of all kinds are located in the Bur Dubai area. It takes about 10 minutes by car to reach them.
Mina Rashid is a large-scale residential community with luxury real estate. In fact, it is a gated residential area, which is able to provide its residents with high levels of comfort and high quality of life. It provides all the services and amenities, from a private beach and marina, to restaurants, a gym and a shopping center.
Such real estate will appeal to lovers of sea sports and the resort lifestyle. The quiet and intimate environment makes Mina Rashid a good place for families to live.
Local real estate can be used for permanent residence and also as a country residence. And due to its proximity to entertainment and tourist infrastructure, it can also become a quality investment asset. The average return on an apartment in Mina Rashid is estimated at 5.08% per annum.
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