Marina Place 2 Mina Rashid Dubai

Marina Place 2 is the second building of Emaar's Marina Place release at Rashid Yachts & Marina, the district being built out of Port Rashid in Bur Dubai. It holds an estimated 179 homes — one, two and three-bedroom apartments of about 802 to 2,100 sq ft, with three-bedroom townhouses of 2,652 to 2,660 sq ft in the same release. One-bedrooms are quoted from AED 2,080,000 (about Rs 5.36 crore), two-bedrooms from AED 3.08 million and three-bedrooms from AED 4.4 million, on an 80/20 plan with handover printed for Q4 2028.

Two numbers earn this building its own page. The AED 2,080,000 entry clears the AED 2 million Golden Visa threshold on the smallest apartment in the building, with AED 80,000 to spare — most one-bedrooms in Dubai do not. And the unit count is small for the district: about 179 homes here against 545 residences in Marina Views a few hundred metres away, which is the difference between being one of a handful of sellers in 2029 and one of dozens.

At a glance

Price and unit pricing

The one-bedroom rate is the number to argue about. About AED 2,594 per sq ft sits inside the AED 2,200 to 4,500 band this district's 2022 to 2025 launches sold at, but roughly 3% above the AED 2,520 the district averaged in December 2025 — for a home that arrives three years after that reading. The district rate went from about AED 913 per sq ft in 2021 to around AED 2,520 by the end of 2025, so 2,594 today is a bet the climb continues, not a discount to it.

The three-bedroom is the interesting line: AED 4.4 million against an apartment range topping out near 2,100 sq ft implies roughly AED 2,095 per sq ft if the unit is the largest in the range, below the smaller types. Emaar's current price list with sizes set against prices by floor is the document that settles it, because the published size ranges are for the whole building rather than per type.

Payment plan and total cost

80/20: 10% on booking, 70% through construction, 20% on handover. Nothing falls due after the keys. Worked on the AED 2,080,000 entry apartment:

Spread evenly, the 70% construction slice is about AED 44,000 a month over the roughly 27 months to Q4 2028. It will not be even: Emaar ties instalments to build milestones, so two payments can land in one quarter and none in the next. Ask for the milestone schedule in writing and plan cash against it.

Service charges are the unpublished cost. No rate has been released for Rashid Yachts & Marina, and district projections run AED 20 to 30 per sq ft a year — among the highest in Dubai, because a buyer is paying for a 430-berth marina and a managed public realm as well as a building. On 802 sq ft that is roughly AED 16,040 to 24,060 a year before utilities.

Location and connectivity

Rashid Yachts & Marina is Emaar's redevelopment of Port Rashid with P&O Marinas: about 6.8 million sq ft in six mixed-use districts, a 4 km promenade, a 430-berth marina taking yachts up to 100 m, a 12,600 sq m private beach and a 500 m canal pool, with the QE2 berthed alongside as a floating hotel.

Position is the district's real argument. Guides put DIFC at about 8 minutes, Downtown at 12 and Dubai International Airport at 15 — closer to the working city than Dubai Marina, Emaar Beachfront or Dubai Creek Harbour. Al Ghubaiba on the Green Line is the nearest station today, and the Gold Line approved in April 2026 — 42 km and 18 stations from Al Ghubaiba — lists Mina Rashid on its route. That is a planned line, so treat it as upside.

Buying early here means a neighbourhood that stays a building site for years. The closest comparisons sit in the same master plan: Marina Views, 545 residences from AED 1,650,000, and Pier Point, 234 apartments from AED 1.93 million. Everything we track in the emirate is on all Dubai projects, and the wider list is on the projects page.

Amenities and specifications

Quoted for the building: an infinity pool, a gym, a barbecue deck, a green zone with a yoga deck, a children's play area, multipurpose rooms and sports courts, on a podium above parking. The master plan adds the promenade, the marina, the canal pool, Mina Beach and the retail being built along the water.

Every apartment is quoted with a balcony and a laundry room. Two-bedroom layouts come with a fitted kitchen, two bathrooms and walk-in closets; three-bedroom layouts add a study, three bathrooms and two balconies. Not published: the fit-out schedule, parking allocation, the split between apartments and townhouses, the service-charge budget or the escrow bank. Final specification as per the sale and purchase agreement.

About the developer

Emaar Properties, building here through Mina Rashid Properties, is Dubai's largest developer and the name behind Burj Khalifa, Dubai Mall, Downtown Dubai, Dubai Marina, Dubai Hills Estate and Emaar Beachfront. Published counts put it at more than 120,000 homes delivered worldwide since 1997, about 66,000 in Dubai as of September 2023 and more than 180 completed buildings in the city. A separate count reads 129,100 units since 2002; the two cover different scopes and should not be added.

One analysis puts about 80% of Emaar projects within six months of the stated handover date, against a market average nearer 55% to 60%, and its reported revenue backlog of AED 163.4 billion at 31 March 2026 is why its buildings finish.

For Indian buyers

Ownership. Mina Rashid is freehold and open to every nationality, resident or not, with the title deed issued by the Dubai Land Department in your own name. The UAE charges no annual property tax, and a residential sale does not attract VAT, so the government cost is the 4% DLD transfer fee — AED 83,200 here — plus the AED 40 Oqood fee and trustee charges. Budget roughly 5% over the price buying direct from Emaar.

Golden Visa and remittance. At AED 2,080,000 the smallest apartment clears the AED 2 million threshold with AED 80,000 of headroom, so a one-bedroom qualifies where one in most of the district does not; confirm with the Land Department how the threshold is assessed off-plan and at what payment stage you can apply. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year, and AED 2,080,000 is about USD 566,000 — three years of allowance for one person, two for a couple, which a plan running to late 2028 handles.

Yield and exit. The district has barely begun letting, so estimates diverge: 4% to 5% gross at first handover on the cautious view, in line with Dubai Harbour, against 6.5% to 8% projected once the marina is fully operational. Plan on the cautious figure and subtract AED 20 to 30 per sq ft of service charge. For a 2028 handover the honest framing is capital growth plus the visa, with rent third; on exit an Emaar waterfront title is liquid, and 179 homes is a far shorter queue than the 545 next door. Rent and capital gains are taxable in India for an Indian tax resident.

Pros

• The AED 2,080,000 entry apartment clears the AED 2 million Golden Visa threshold — uncommon at one-bedroom level
• About 179 units, against 545 in Marina Views nearby, which thins the resale queue
• Emaar, with a reported 80% of projects handed over within six months of the stated date and an AED 163.4 billion backlog at 31 March 2026
• Nothing to pay after handover: 80% during construction, the last 20% at the keys
• About 8 minutes to DIFC and 12 to Downtown — closer in than Dubai Marina or Emaar Beachfront
• Priced publicly by type: AED 2.08 M for 1 BHK, AED 3.08 M for 2 BHK, AED 4.4 M for 3 BHK

Cons

• About AED 2,594 per sq ft is roughly 3% above the district's December 2025 average of AED 2,520, for a home arriving three years later
• Handover is Q4 2028 — about 27 months of construction and price risk
• The 179-unit count is a portal estimate, not a figure Emaar has published
• No service charge published; projections of AED 20 to 30 per sq ft mean AED 16,040 to 24,060 a year on the entry apartment
• Yield estimates for the district run 4% to 8%, so nobody yet knows what a home here rents for
• Townhouse prices and the 3 BHK sizes are not published, and no source explains what separates this building from Marina Place 1

Who this is for

• Buyers who want a Golden Visa from the smallest apartment rather than a step up to a two-bedroom
• End users who want an Emaar waterfront home 8 to 12 minutes from DIFC and Downtown
• Buyers who prefer a 179-unit building to a 545-unit one when it comes time to sell
• Investors with a five-year horizon buying the district's build-out rather than this year's rent

Who should look elsewhere

• Yield-first investors — 4% to 5% gross at first handover is the honest planning figure here
• Anyone who needs the keys before 2029
• Buyers who cannot absorb a service charge of AED 20 to 30 per sq ft a year
• Anyone unwilling to get the building name, unit count and milestone schedule written into the contract

Our verdict

Marina Place 2 is the building in this district with the most numbers on the table: AED 2.08 million for a one-bedroom, AED 3.08 million for a two, AED 4.4 million for a three, and a plan that ends at the keys. Two of those carry the case — the entry price clears the AED 2 million Golden Visa threshold on the smallest unit, and about 179 homes against 545 in Marina Views changes what selling looks like in 2029. Against it, AED 2,594 per sq ft is roughly 3% above the district's December 2025 average for a home arriving three years later, and the service charge is projected at the top of Dubai's range. Buy it for the address, the visa and the small unit count, not for the rent.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Marina Place 2?

One-bedroom apartments start at AED 2,080,000 — about Rs 5.36 crore or USD 566,000 — for 802 sq ft, roughly AED 2,594 per sq ft. Two-bedrooms start at AED 3.08 million for 1,164 to 1,661 sq ft and three-bedrooms at AED 4.4 million. The townhouses of 2,652 to 2,660 sq ft are not priced by any source we checked.

What is the payment plan?

An 80/20 plan: 10% on booking, 70% through construction and 20% on handover, with nothing due afterwards. On AED 2,080,000 that is AED 208,000 at booking, about AED 1,456,000 through construction and AED 416,000 at the keys, plus AED 83,200 of DLD transfer fee. Emaar ties instalments to build milestones, so ask for the schedule in writing.

When is the handover?

Q4 2028, written as December 2028 by one source — about 27 months from today. No construction-progress percentage is published for this building; get the completion date into the sale and purchase agreement and track progress on the Dubai REST app.

How many apartments are in Marina Place 2, and how does it differ from Marina Place 1?

An estimated 179 units of one to three-bedroom apartments and three-bedroom townhouses, a figure from a portal's building record rather than from Emaar. Marina Place 1 sells alongside at the same AED 2,080,000 entry with the same Q4 2028 handover, and no source explains what else separates them — so get the building name, the unit count and the floor into the contract.

Does it qualify for a Golden Visa?

Yes, at the entry price. The threshold is AED 2 million of property and the smallest apartment is quoted at AED 2,080,000 — AED 80,000 of headroom. Confirm with the Dubai Land Department how the threshold is assessed on an off-plan purchase and at what stage of payment you can apply, because those rules have changed before.

What are the service charges and the rental yield?

No service-charge rate has been published for Rashid Yachts & Marina; district projections run AED 20 to 30 per sq ft a year, or roughly AED 16,040 to 24,060 on an 802 sq ft apartment. Yield estimates range from 4% to 5% gross at first handover on the cautious view to 6.5% to 8% once the marina is fully operational.

Can an Indian buyer own here, and how does the money leave India?

Mina Rashid is freehold and open to every nationality, resident or not, with the title deed issued by the Dubai Land Department in your own name. An Indian resident remits under the Liberalised Remittance Scheme at USD 250,000 per person per financial year; at about USD 566,000 the purchase needs three allowances for one person, or a couple across two financial years, which a plan running to late 2028 accommodates.

Want Emaar's Marina Place 2 price list by unit type, the milestone payment schedule and a side-by-side with the other Rashid Yachts & Marina releases? Ask Realty Hunting and we will send them.

Compare with other Dubai projects

Also in Mina Rashid: Marina Place 1 (from AED 2,080,000, handover 2028), Sera By Emaar (from AED 2.1 M, handover 2029), Pier Point (from AED 1,930,000, handover 2028) and Marina Views (from AED 1,650,000, handover 2028). See every Dubai Marina project with prices and handover dates.

More by Emaar: Emaar BLVD Heights (from AED 2.09 M, ready), Emaar Creek Rise (from AED 2,100,000, ready) and St. Regis Residences (from AED 2.1 M, handover 2026).

A similar budget elsewhere in Dubai: Mansory Residences (from AED 2.1 M, handover 2028), Nakheel The Palm Tower (from AED 2.1 M, ready) and Samana Ocean Bay (from AED 2,100,000, handover 2028).

Read next: Emaar Projects in Dubai: Every Project, Price and Handover Date · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.