Pier Point Mina Rashid Dubai

Pier Point is Emaar's two-tower release at Rashid Yachts & Marina, the district being built out of Port Rashid in Bur Dubai. It holds 234 apartments and 9 three-bedroom townhouses of about 774 to 2,686 sq ft. Apartments are quoted from AED 1,930,000 (about Rs 4.97 crore), two and three-bedrooms of 1,278 to 2,682 sq ft from AED 3.2 million and the townhouses from AED 8,730,000, on an 80/20 payment plan with handover printed for Q4 2028.

Two things set this building apart in the master plan. It is the smallest apartment count of Emaar's current releases here — 234 homes against 545 in Marina Views — with only nine townhouses, which at AED 8,730,000 are the most expensive homes in this cluster. The awkward fact is the entry price: AED 1,930,000 lands AED 70,000 short of the AED 2 million Golden Visa threshold, and that figure is recorded as a Q4 2024 launch price, so Emaar's current list may already have crossed it.

At a glance

Price and unit pricing

The apartment rate is consistent across types, which is unusual and useful: about AED 2,494 per sq ft on the 774 sq ft entry unit and about AED 2,504 on the smallest two-bedroom. Both sit under the AED 2,520 the district averaged in December 2025 and inside the AED 2,200 to 4,500 band of its 2022 to 2025 launches. On the published numbers this is the district's middle, not its top.

Two cautions. The AED 1,930,000 figure is recorded as the Q4 2024 price, nearly two years old in a district whose rate went from about AED 913 per sq ft in 2021 to around AED 2,520 by the end of 2025 — Emaar's current price list is the only document that settles today's entry. And the townhouses are a separate market: AED 8,730,000 for nine homes is roughly AED 3,250 per sq ft at the top of the published size range, penthouse pricing for a three-bedroom.

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 1,930,000 entry apartment:

Spread evenly the 70% construction slice is about AED 50,000 a month over the roughly 27 months to Q4 2028. Emaar ties instalments to build milestones, so two can land in one quarter and none in the next — ask for the milestone schedule in writing.

Service charges are the unpublished cost.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 pays for a marina and a managed public realm as well as a building. On 774 sq ft that is AED 15,480 to 23,220 a year.

Location and connectivity

The master plan around the towers is Emaar's rebuild of Port Rashid with P&O Marinas: about 6.8 million sq ft in six mixed-use districts, a 430-berth marina taking yachts up to 100 m, 4 km of promenade, a 500 m canal pool and the 12,600 sq m Mina Beach, with the QE2 moored as a floating hotel.

Pier Point's own position is on the canal side of the master plan: the sources describe it wrapped by the district's swimmable canal and the retail promenade, with Sheikh Zayed Road about 10 minutes away. Wider guides put DIFC at about 8 minutes, Downtown at 12 and Dubai International Airport at 15. Al Ghubaiba on the Green Line is the nearest station today; the Gold Line approved in April 2026, 42 km and 18 stations from Al Ghubaiba, lists Mina Rashid on its route, so treat it as upside.

Buying early here means a building site for a neighbour for years. The closest comparisons sit in the same master plan: Marina Place 2, about 179 homes from AED 2,080,000 with the same Q4 2028 handover, and Sera, the 2026 launch from AED 2.1 million handing over a year later. 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 two towers: an infinity pool with marina views, a gym, children's play areas and a podium of gardens and recreation space above the parking. The master plan adds the promenade, the marina berths, Mina Beach, the canal pool and the retail being built along the water.

Not published: the amenity schedule tower by tower, the fit-out specification, parking allocation, sizes by bedroom count within the 774 to 2,686 sq ft range, the service-charge budget or the escrow bank. A separate Pier Point 2 is also marketed in this district, so confirm on the contract which release and which tower your unit sits in. Final specification as per the sale and purchase agreement.

About the developer

The developer is Emaar Properties, working here through Mina Rashid Properties. Dubai's largest builder, it put up Burj Khalifa, Dubai Mall, Downtown Dubai, Dubai Marina, Dubai Hills Estate and Emaar Beachfront, and published counts credit it with more than 120,000 homes worldwide since 1997 — about 66,000 in Dubai as of September 2023 — across more than 180 completed buildings in the city.

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. On a 243-home scheme completing in late 2028, that record is what separates this from a smaller developer's waterfront launch at a similar rate.

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 77,200 here — plus the AED 40 Oqood fee and trustee charges.

Golden Visa and remittance. The entry apartment at AED 1,930,000 falls AED 70,000 short of the AED 2 million threshold — close enough that a larger unit, a higher floor or Emaar's current list may clear it, so ask for the cheapest unit above AED 2 million. The two-bedroom at AED 3.2 million clears it outright. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year, and AED 1,930,000 is about USD 526,000 — three allowances for one person, or a couple across two financial years, which a plan running to late 2028 handles.

Yield and exit. Estimates for the district 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. Subtract AED 15,480 to 23,220 of service charge on a 774 sq ft apartment before calling anything a yield. For a 2028 handover, capital growth comes first and rent third. On exit, 234 apartments is the shortest handover queue of the Emaar releases here, and nine townhouses is scarce stock. Rent and capital gains are taxable in India for an Indian tax resident.

Pros

• 234 apartments across two towers — the smallest apartment count of Emaar's current releases here, against 545 in Marina Views
• Only nine three-bedroom townhouses, which is genuinely scarce stock on resale
• About AED 2,494 per sq ft on the entry unit and AED 2,504 on the smallest 2 BHK — priced at the district's December 2025 average rather than above it
• Nothing to pay after handover: 80% during construction, the last 20% at the keys
• 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
• Sheikh Zayed Road about 10 minutes, DIFC about 8 and Dubai International Airport about 15

Cons

• The AED 1,930,000 entry apartment misses the AED 2 million Golden Visa threshold by AED 70,000
• That figure is recorded as the Q4 2024 price, so today's entry may be higher and no source publishes a current one
• No source publishes sizes by bedroom count within the 774 to 2,686 sq ft range
• The townhouses at AED 8,730,000 are roughly AED 3,250 per sq ft at the top of the range — penthouse pricing for a three-bedroom
• No service charge published; AED 20 to 30 per sq ft means AED 15,480 to 23,220 a year on a 774 sq ft apartment
• A separate Pier Point 2 is marketed in the same district, and no source prints the DLD project number, the escrow bank or a progress figure

Who this is for

• Buyers who want the district's address in a small building rather than a 545-home cluster
• Townhouse buyers who value scarcity — nine homes of that type in the scheme
• End users who want a waterfront home 8 to 12 minutes from DIFC and Downtown
• Investors with a five-year horizon buying the district's build-out rather than this year's rent

Who should look elsewhere

• Buyers who need a Golden Visa from the cheapest unit — this one is AED 70,000 short
• Anyone who will not book without a current price list, because the published figure is from Q4 2024
• Yield-first investors — 4% to 5% gross at first handover is the planning figure, less the service charge
• Anyone who needs the keys before 2029

Our verdict

Pier Point is the small building in a district of big ones, and that is the case for it. 234 apartments and nine townhouses across two towers means a far shorter queue at handover than the 545-home cluster nearby, and the apartment rate — about AED 2,494 per sq ft on the entry unit, AED 2,504 on the smallest two-bedroom — sits at the district's December 2025 average rather than above it. Two things need checking first. The AED 1,930,000 entry is a Q4 2024 figure, so ask Emaar what the cheapest unit costs today; and it misses the AED 2 million Golden Visa threshold by AED 70,000, which is a reason to price the next unit up rather than the cheapest one. The nine townhouses at AED 8,730,000 are scarce but priced like the district's penthouses.

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 Pier Point?

Apartments are quoted from AED 1,930,000 — about Rs 4.97 crore or USD 526,000 — for 774 sq ft, roughly AED 2,494 per sq ft. Two and three-bedrooms of 1,278 to 2,682 sq ft start at AED 3.2 million, and the nine three-bedroom townhouses from AED 8,730,000. The entry figure is recorded as the Q4 2024 price, so ask Emaar for the current list.

What is the payment plan for Pier Point?

An 80/20 plan: 10% on booking, 70% through construction and 20% on handover, with nothing due afterwards. On AED 1,930,000 that is AED 193,000 at booking, about AED 1,351,000 through construction and AED 386,000 at the keys, plus AED 77,200 of DLD transfer fee — about AED 2.01 million all in. Instalments follow build milestones, so ask for the schedule in writing.

When is the handover for Pier Point?

Q4 2028. No construction-progress percentage is published for either tower; get the completion date written into the sale and purchase agreement and track progress on the Dubai REST app, which reports against the DLD record rather than the marketing page.

How many homes are in Pier Point?

Two towers holding 234 apartments and 9 three-bedroom townhouses — 243 homes in total, the smallest count of Emaar's current releases at Rashid Yachts & Marina. A separate Pier Point 2 is also marketed here, so confirm which release and which tower your unit sits in before signing.

Does Pier Point qualify for a Golden Visa?

Not at the published entry price. The threshold is AED 2 million of property and the cheapest apartment is quoted at AED 1,930,000 — AED 70,000 short. A slightly larger unit, a higher floor or Emaar's current list may clear it, and the two-bedroom at AED 3.2 million certainly does. Confirm with the Dubai Land Department how the threshold is assessed on an off-plan purchase.

What are the service charges and the rental yield at Pier Point?

No service-charge rate has been published for Rashid Yachts & Marina; district projections run AED 20 to 30 per sq ft a year, or AED 15,480 to 23,220 on a 774 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 526,000 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 current Pier Point price list, the milestone payment schedule, the townhouse sizes 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), Marina Place 2 (from AED 2,080,000, handover 2028), Sera By Emaar (from AED 2.1 M, handover 2029) and Marina Views (from AED 1,650,000, handover 2028). See every Dubai Marina project with prices and handover dates.

More by Emaar: Raya Townhouses (from AED 1.95 M, off-plan), Emaar Creek Haven (from AED 1,959,888, handover 2030) and Lyvia by Palace (from AED 1,980,000, handover 2029).

A similar budget elsewhere in Dubai: Creek Views (from AED 1,938,489, handover 2027), Mangrove Residences (from AED 1,950,000, off-plan) and DG1 (from AED 1.9 M, handover 2027).

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 Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.