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Port Rashid

UAE > Dubai > Bur Dubai > Port Rashid

Details

Commercial Title :

Port Rashid

Official Title :

Port Rashid

Type :

Non-Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Under Construction

Life Cycle :

Emerging

Master Developer(s) :

N/A

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

N/A


Special Classifications



Road Locations

Description

Port Rashid:

Located close off the shore between Deira and Bur Dubai, Mina Rashid, commonly known as Port Rashid, is a famous location in Dubai. By introducing beachfront apartments, hotels, restaurants, and retail stores, Emaar and P&O Marinas are on their way to transforming the neighborhood. Along with a private beach and marina, the community's 7 districts will cover a total area of 6.8 million square feet.

The 13-deck hotel, dining, and entertainment venue Queen Elizabeth 2 (QE2) is located in Mina Rashid. Along with 430 wet berths and a 500-m-long canal, the development will also include the Dubai Mall by the Sea. In other words, Mina Rashid is poised to replace other seaside tourist destinations on the map.

  • One of Emaar's top off-plan residences in Dubai
  • offering seaside homes with 1, 2, and 3 bedrooms
  • a place with a large variety of upscale restaurants, shops, and entertainment options
  • Major characteristics include a canal, a private beach, and Dubai Mall by the Sea
  • positioned close to Bur Dubai and Deira


His Highness Sheikh Rashid Bin Saeed Al Maktoum had the idea to dredge Dubai Creek so that huge cargo vessels could enter, which resulted in the creation of the historic trading port known as Port Rashid in the 1970s. His Highness Sheikh Rashid's vision came true, and the port rose to prominence as one of the Middle East's top commercial hubs and cruise destinations. Both cargo ships and passenger liners are increasingly drawn to Mina Rashid in Dubai.

After 47 years, Emaar joins the project to conserve the historic site and add opulent beach living. A floating yacht club, a luxury hotel, a shopping center, and other leisure amenities are all part of the master developers' Dh 25 billion plan to change the area's historic coastal legacy. P&O Marinas, a joint venture owned by Emaar and DP World, will support cruise travel while also offering locals a modern way of life.

There is a selection of 1, 2, and 3-bedroom flats available in the opulent homes of coastal locations designed in the Riviera style. The neighborhoodcenter also contains a park, a school, and a recreation centre with cutting-edge amenities.

Yearly Transactions and Sales

Transactions and Sales by Property Types

Average Price Per Square Feet

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