Rashid Yachts and Marina: Waterfront Luxury at the Intersection of Old and New Dubai
Rashid Yachts and Marina occupies the northern edge of Port Rashid, where the original Dubai Creek meets the Arabian Gulf. Dubai Holding is developing 4 kilometres of contiguous waterfront promenade and a 430-berth marina capable of accommodating superyachts. Off-plan launches between 2022 and 2025 have recorded pricing of AED 2,200-4,500/sqft, placing this development in the same price tier as Palm Jumeirah and ahead of Dubai Harbour in terms of per-square-foot cost (DLD data, Q1 2026).
The development is still under construction as of 2026, with handover of first phases projected for 2026-2027. This is fundamentally an off-plan market with limited completed supply. Buyers are purchasing based on renderings, master plan commitments, and Dubai Holding's delivery track record across projects including City Walk, La Mer, and Bluewaters Island. The investment case rests on the combination of a constrained waterfront location, a genuinely unique marina facility in the city, and proximity to the Bvlgari Resort and Jumeirah Bay Island.
Why Investors Choose Rashid Yachts and Marina
The marina itself is the primary differentiator. Dubai Harbour and Marina offer berthing, but neither has the capacity or the superyacht specification of Rashid Yachts. For ultra-high-net-worth buyers and tenants who own or charter large vessels, the ability to walk from their residence to their berth is a driver that does not exist elsewhere in Dubai at this location. That specific demand characteristic supports pricing above comparable non-marina waterfront product.
Location relative to DIFC is compelling for the target buyer segment. The site is 10 minutes from DIFC by car along a direct route through Jumeirah, avoiding the Sheikh Zayed Road congestion. Bvlgari Resort, which commands the highest hotel room rates in Dubai at AED 5,000-15,000 per night, is 1 km away, providing an aspirational neighbourhood anchor that reinforces premium pricing.
Dubai Holding's track record in delivering high-quality waterfront product is strong. City Walk, La Mer, Bluewaters Island, and Jumeirah Beach Residences (earlier in the portfolio) have all been delivered to a quality standard that holds capital value. Buyers who have purchased Dubai Holding off-plan product in comparable projects have seen appreciation of 40-80% between purchase and handover in recent cycles (Bayut market report, 2026).
Rashid Yachts and Marina at a Glance
| Metric | Detail |
|---|---|
| Location | Port Rashid, northern waterfront, adjacent to Jumeirah |
| Master developer | Dubai Holding |
| Marina capacity | 430 berths, superyacht capable |
| Waterfront | 4 km promenade |
| Product type | Luxury apartments, waterfront townhouses (off-plan) |
| Price range | AED 2,200-4,500/sqft |
| Gross yield | 4-5.5% (luxury segment; limited comparable data) |
| Annual transactions | Early off-plan phase; c. 500-800 (DLD data, Q1 2026) |
| Freehold | Yes |
| Nearest Metro | No direct access; nearest Al Ghubaiba (Green Line) approx. 3 km |
Property Types and Price Ranges
| Type | Size (sqft) | Price (AED/sqft) | Projected annual rent (AED) |
|---|---|---|---|
| 1-bedroom | 800-1,200 | 2,200-3,000 | 150,000-200,000 |
| 2-bedroom | 1,300-1,900 | 2,400-3,500 | 200,000-300,000 |
| 3-bedroom | 2,000-3,200 | 2,800-4,000 | 300,000-450,000 |
| Penthouse/duplex | 3,500-6,000 | 3,500-4,500 | 500,000-900,000 |
Service charge projections for Rashid Yachts properties run AED 20-30/sqft annually, among the highest in Dubai, reflecting marina maintenance, superyacht berthing infrastructure, and the high-specification managed public realm. Investors should model net yields after these charges carefully; at 20/sqft on a 1,500 sqft unit, service charges alone cost AED 30,000 per year before any management fee.
Rental Yields and Investment Potential
| Unit type | Gross yield | Net yield (est.) |
|---|---|---|
| 1-bedroom | 4.8-5.5% | 3-4% |
| 2-bedroom | 4.5-5% | 2.8-3.8% |
| 3-bedroom | 4-4.8% | 2.5-3.5% |
| Penthouse | 3.5-4.5% | 2-3% |
Yield is not the primary investment case at Rashid Yachts. Capital appreciation is the dominant return driver at this price point. Comparable luxury waterfront locations such as Palm Jumeirah and Bvlgari Residences have seen sustained capital growth of 15-25% per year between 2021 and 2025 (Property Monitor, 2026). Past performance does not guarantee future returns. Because the project is under construction, actual rental income begins only at handover, and the absorption period for luxury units can extend 6-18 months post-completion.
Schools Near Rashid Yachts and Marina
| School | Rating | Distance |
|---|---|---|
| Jumeirah English Speaking School (JESS) | Outstanding (KHDA) | 5 km |
| Dubai College | Outstanding (KHDA) | 6 km |
| Kings' School Dubai | Outstanding (KHDA) | 7 km |
| Horizon English School | Good (KHDA) | 4 km (Bur Dubai) |
School accessibility from Port Rashid is adequate for families, with several Outstanding KHDA-rated schools within 10 minutes by car. The primary buyer and tenant profile at this price point tends toward older households without school-age children, or families with pre-existing school placements. However, the proximity to established Jumeirah residential areas means school catchment zones for top-rated institutions are accessible.
Infrastructure and Connectivity
Port Rashid sits at the junction of the Jumeirah seafront and the historic Deira-Bur Dubai corridor. DIFC is 10 minutes by direct Jumeirah route. Dubai Mall is 15 minutes. Palm Jumeirah is 15 minutes via the Jumeirah Beach Road. Deira Gold Souk and Dubai Creek heritage area are 10 minutes in the other direction, making this a rare location that bridges the lifestyle preferences of the new Dubai with access to the cultural landmarks of the original city.
There is no Metro access. The nearest stations are on the Green Line in Bur Dubai, approximately 3 km away. The target tenant and buyer for Rashid Yachts product is not reliant on Metro, but the absence of public transport limits the property's appeal to any renter who does not have private transport, which restricts the addressable rental market to a narrower high-income segment.
Amenities within the development include a retail promenade, beach club, restaurants, and the yacht marina facilities. The Bvlgari Resort's beach and dining are accessible for residents. Jumeirah's established beach hotel strip, including Jumeirah Beach Hotel and Madinat Jumeirah, is 10-15 minutes by car.
Key Developers and Active Projects
Dubai Holding is the sole master developer. Rashid Yachts and Marina represents one of Dubai Holding's flagship waterfront projects alongside City Walk and Bluewaters Island. The authority's track record in delivering commercially and residentially complex waterfront developments to the promised quality standard provides relative confidence compared to smaller private developers launching competing off-plan product.
Active phases as of 2026 include residential towers in the southern portion of the marina promenade, with handover scheduled for 2026-2027. Later phases covering the northern promenade and townhouse clusters are projected for 2027-2028 delivery. Payment plans on active launches follow a 60/40 structure with construction-linked milestones.
Browse Rashid Yachts and Marina properties on Oliva
How Rashid Yachts and Marina Compares to Similar Areas
| Area | Price (AED/sqft) | Gross yield | Metro | Key feature |
|---|---|---|---|---|
| Rashid Yachts and Marina | 2,200-4,500 | 4-5.5% | No | Superyacht marina, DIFC proximity |
| Palm Jumeirah | 2,500-5,000 | 3.5-5% | Limited | Established prestige, sea views |
| Dubai Harbour | 2,000-3,500 | 4-5.5% | No | Cruise terminal, Marina adjacent |
| Bluewaters Island | 2,200-3,800 | 4-5.5% | No | Ain Dubai, JBR access |
Rashid Yachts occupies a similar price band to Dubai Harbour and Bluewaters Island. The differentiator is the marina specification and the DIFC-adjacent location. For buyers who specifically value the superyacht marina or who prioritise fast road access to DIFC over beach lifestyle, Rashid Yachts is more compelling. For those who prioritise established brand recognition and secondary market liquidity, Palm Jumeirah remains the reference point.
Who Should Invest in Rashid Yachts and Marina?
Capital appreciation investors with budgets above AED 3,000,000 who have a 5-7 year horizon will find the combination of Dubai Holding's delivery track record, the unique marina infrastructure, and the constrained waterfront location persuasive. The risk/return profile is asymmetric: if the community delivers as planned, appreciation from off-plan prices to completed market values could be 30-50%. If delivery slips significantly, capital is tied up longer than modelled.
Ultra-high-net-worth buyers who own or operate yachts and want a residence with direct marina access will find no comparable alternative in Dubai at this location. The functional utility of living 100 metres from your berth has a value that cannot be replicated by buying in a non-marina luxury tower elsewhere.
Investors seeking yield income in the short term should look elsewhere. This is a capital growth play with below-average yields. Investors who need rental income from year one to service acquisition finance should ensure their underwriting is conservative on the absorption timeline for luxury units.
What to Watch Out For
Construction timeline risk is significant at this stage. Major waterfront infrastructure projects in Dubai have a history of phased delivery delays. The marina infrastructure in particular, with its seawall, dredging, and berthing systems, is complex and weather-sensitive. Buyers should not commit capital they need available within 36 months.
Service charge levels for marina-front properties will be among the highest in Dubai. The cost of maintaining 430 superyacht berths, a 4 km promenade, and high-specification shared amenities will be distributed across a relatively small number of residential units. Model service charges at AED 25-30/sqft rather than the typical AED 12-18/sqft for standard residential communities.
Liquidity for ultra-luxury product in Dubai is thinner than for mid-market. Units priced above AED 5,000,000 in a new community with limited comparable transactions can take 6-12 months to find a buyer at full market value. This illiquidity premium must be factored into any hold period analysis.
How to Invest Through Oliva
Oliva lists Rashid Yachts and Marina off-plan and secondary properties with DLD transaction data, developer payment plan details, and yield analysis against comparable waterfront product. You can review available units and compare them against Palm Jumeirah and Dubai Harbour before engaging an agent.
Browse Rashid Yachts and Marina properties on Oliva
Frequently Asked Questions
Is Rashid Yachts and Marina freehold for foreign investors?
Yes. Rashid Yachts and Marina is designated freehold, allowing foreign nationals to hold full title deeds. The DLD registers all transactions in the standard way for Dubai freehold zones.
When will Rashid Yachts and Marina be completed?
First residential phases are projected for 2026-2027 handover. Later phases covering additional towers and townhouse clusters are projected for 2027-2028. Construction timelines for major waterfront infrastructure projects can shift, and buyers should verify the current handover schedule directly with Dubai Holding before committing.
What is the minimum investment at Rashid Yachts and Marina?
Entry-level 1-bedroom units in the first phases are priced from approximately AED 2,000,000 to AED 3,500,000 depending on size and floor. Larger 2-bedroom and 3-bedroom units range from AED 3,500,000 to AED 7,000,000. Penthouses and duplex units exceed AED 10,000,000.
Does proximity to the Bvlgari Resort affect property values?
Proximity to the Bvlgari Resort is a brand adjacency that reinforces the premium positioning of Rashid Yachts product. Properties marketed command a modest premium in comparable Dubai luxury markets. However, buyers should not conflate the Bvlgari brand with any direct partnership or access arrangement unless specifically confirmed in the purchase documentation.
Is there Metro access at Rashid Yachts and Marina?
There is no Metro connection directly serving Rashid Yachts and Marina. The nearest Green Line stations are in Bur Dubai, approximately 3 km away. Residents and tenants are dependent on private vehicles. This is consistent with the product profile: the target market owns vehicles or uses chauffeur services.
Explore further
The project, area, and developer this post covers, with live Dubai Land Department data.
Related articles

Dubai Land Department: The Complete 2026 Investor Guide

Dubai Harbour: Complete Investor Guide 2026

Palm Jumeirah: Complete Investor Guide 2026

Bluewaters Island (Dubai): Complete Investor Guide 2026

Jumeirah (Dubai): Complete Investor Guide 2026




















