Seagate Rashid Yachts & Marina Mina Rashid Dubai

Seagate is Emaar's first residential release at Rashid Yachts & Marina, launched in Q2 2022 as four low-rise buildings of 15, 10, 6 and 5 residential floors holding 282 homes — one to three-bedroom apartments of about 707 to 2,793 sq ft and four-bedroom duplexes of 709 to 3,242 sq ft. The starting price on the sources we checked is AED 1,110,888 (about Rs 2.86 crore), which at 707 sq ft is about AED 1,571 per sq ft — the cheapest rate anywhere in this district.

That rate is the whole story, and so is the reason for it. Seagate was priced at launch in 2022, and AED 1,571 per sq ft is roughly 38% below the AED 2,520 the district averaged in December 2025. The catch is the handover date: the original target was September 2022, it was revised to Q3 2025, that quarter has passed with no source confirming completion, and one source prints Q2 2028.

At a glance

Price and unit pricing

Two starting prices are in print: AED 1,110,888 and AED 1,397,500. We use the lower one because a source gives it with an implied rate of AED 1,571 per sq ft that matches the 707 sq ft entry unit exactly; the higher figure implies about AED 1,977 per sq ft, still well under the district. Emaar's current price list settles it.

Either way this is the district's cheapest stock, against the AED 2,200 to 4,500 band of its 2022 to 2025 launches. The two and three-bedroom apartments and the four-bedroom duplexes are not priced anywhere we looked, so ask for the full list.

Payment plan and total cost

The plan is quoted two ways. One source gives 10% on booking with 20% on completion — an 80/20 in the usual Dubai shape; another gives 70% during construction and 30% at handover. The difference is 10% of the price at the keys, so get the schedule from the sale and purchase agreement. Worked on the AED 1,110,888 entry unit on the 80/20 reading:

On the 70/30 reading the payment at the keys rises to about AED 333,266. If construction is close to finishing, the money is due far sooner than a 2028-handover plan implies.

Service charges matter more here than on any other release in this master plan. No rate has been published for Rashid Yachts & Marina, and district projections run AED 20 to 30 per sq ft a year — on 707 sq ft, AED 14,140 to 21,210, or 1.3% to 1.9% of the purchase price every year. The marina and the public realm cost the same to run whether your apartment was cheap or dear.

Location and connectivity

Seagate went on sale before most of the district existed. Emaar's rebuild of Port Rashid with P&O Marinas covers about 6.8 million sq ft in six mixed-use districts and carries a 430-berth marina for yachts up to 100 m, 4 km of promenade, the 12,600 sq m Mina Beach, a 500 m canal pool and the QE2 as a floating hotel.

Guides put DIFC at about 8 minutes, Downtown at 12 and Dubai International Airport at 15 — closer in than Dubai Marina or Emaar Beachfront. Al Ghubaiba on the Green Line is the nearest metro today, and the Gold Line approved in April 2026, 42 km and 18 stations from Al Ghubaiba, lists Mina Rashid on its route.

Seagate's own advantage is the lack of height: four buildings of 5 to 15 residential floors rather than the 19 to 22-floor towers Emaar is putting up here now. For the newer end of the district, see Marina Views, 545 homes from AED 1,650,000 handing over in Q4 2028, and Sera, the 2026 launch from AED 2.1 million. Everything we track in the emirate is on all Dubai projects, and the wider list is on the projects page.

Amenities and specifications

Seagate is a four-building cluster of one to three-bedroom apartments and four-bedroom duplexes sharing a podium, with the master plan's promenade, marina berths, Mina Beach and canal pool alongside. Building amenities in an Emaar scheme of this grade normally run to a pool, a gym, podium gardens, play space and covered parking — the segment standard rather than a published list for these buildings.

Not published: the amenity schedule, the fit-out specification, sizes and prices by bedroom count, parking allocation, the split of the 282 homes across the four buildings, the service-charge budget or the escrow bank. Final specification as per the sale and purchase agreement.

About the developer

Seagate is an Emaar Properties project, built through Mina Rashid Properties. Emaar is Dubai's largest developer, responsible for Burj Khalifa, Dubai Mall, Downtown Dubai, Dubai Marina and Dubai Hills Estate, with published counts of 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.

One analysis puts about 80% of Emaar projects within six months of the stated handover date, against a market average nearer 55% to 60%. Seagate looks like part of the other 20%: a September 2022 target became Q3 2025, and that quarter has passed without a completion any source we checked confirms. Emaar's reported revenue backlog of AED 163.4 billion at 31 March 2026 means the buildings will be finished; it does not say when.

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 — about AED 44,436 — plus the AED 40 Oqood fee.

Golden Visa and remittance. At AED 1,110,888 the entry unit is AED 889,112 short of the AED 2 million threshold, so a visa needs a larger apartment or a second property; below it, a sole owner of a completed unit can still apply for the two-year investor visa. This is the easiest purchase in the district to fund: about USD 302,000 sits inside two Liberalised Remittance Scheme allowances of USD 250,000 per person per financial year, so a couple can remit the whole price in one year.

Yield and exit. The low price cuts both ways. District yield estimates run 4% to 5% gross at first handover and 6.5% to 8% once the marina is operational; on AED 1.11 million, 5% gross is about AED 55,500 of rent against a service charge of AED 14,140 to 21,210 — a quarter to nearly half the rent gone before vacancy. The net yield can still beat the district's dearer stock, but only if the rent holds. On exit, a 2022 price in a district now trading above AED 2,500 per sq ft is the strongest capital-growth position of the Emaar releases we cover here, assuming the handover happens. Rent and capital gains are taxable in India for an Indian tax resident.

Pros

• About AED 1,571 per sq ft is roughly 38% below the district's December 2025 average of AED 2,520 — a 2022 price not yet repriced
• AED 1,110,888 all in at about AED 1.16 million with the DLD fee, the lowest entry cost in Rashid Yachts & Marina
• About USD 302,000 fits inside two Liberalised Remittance Scheme allowances, so a couple can fund it in one financial year
• Four buildings of 5 to 15 floors rather than 19 to 22-floor towers
• As the district's first release it sits closest to the completed parts of the master plan
• Four-bedroom duplexes up to 3,242 sq ft, a unit type the newer releases here do not offer

Cons

• The handover date has moved twice: September 2022, then Q3 2025, which has passed unconfirmed, and one source now prints Q2 2028
• Two starting prices are in print — AED 1,110,888 and AED 1,397,500 — and no source dates either
• At AED 20 to 30 per sq ft the service charge is 1.3% to 1.9% of the purchase price a year, the heaviest drag of any release here
• The entry unit is AED 889,112 short of the AED 2 million Golden Visa threshold
• Prices and sizes for the 2 and 3 BHK apartments and the 4 BHK duplexes are not published anywhere we looked
• No source prints the DLD project number, the escrow bank, a progress figure or the split of 282 homes between the buildings

Who this is for

• Buyers who want this address at the district's lowest rate per sq ft and will do the diligence
• Indian buyers funding the whole purchase from two remittance allowances in a single financial year
• Investors backing capital growth from a 2022 price in a district now trading above AED 2,500 per sq ft
• Families who want a four-bedroom duplex, which the newer releases here do not offer

Who should look elsewhere

• Anyone who needs a firm handover date before committing — this project's has moved twice
• Buyers who need a Golden Visa from the entry unit, which is AED 889,112 short
• Yield-first investors who have not priced a service charge worth 1.3% to 1.9% of the price a year
• Anyone unwilling to get the unit, the price and the completion date confirmed in writing first

Our verdict

Seagate is the cheapest way into Rashid Yachts & Marina by a wide margin, and the reason is that it was priced in 2022 and its handover has slipped. About AED 1,571 per sq ft against a district average near AED 2,520 in December 2025 is a 2022 number that has survived into 2026. If the buildings are close to finishing, that is the best capital-growth position of the Emaar releases we cover here and the lowest cash outlay — about AED 1.16 million with the DLD fee, inside two remittance allowances. If they are not, you are buying a project whose date has already moved from September 2022 to Q3 2025 to the Q2 2028 one source prints. Two questions settle it: what Emaar's current price list says, and what completion date goes into the contract. Do not pay a booking amount before both are answered in writing.

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 Seagate?

The starting figure on the sources we checked is AED 1,110,888 — about Rs 2.86 crore or USD 302,000 — for a 707 sq ft apartment, which implies about AED 1,571 per sq ft. One other source prints AED 1,397,500, about AED 1,977 per sq ft. Prices for the two and three-bedroom apartments and the four-bedroom duplexes are not published, so ask Emaar for the current list.

When is the handover for Seagate?

Unknown. The original target was September 2022, it was revised to Q3 2025, that quarter has passed and no source we checked confirms completion, and one source now prints Q2 2028. We have left the handover date empty rather than print one nobody can stand behind. Get the completion date into the sale and purchase agreement and check the progress figure on the Dubai REST app.

What is the payment plan for Seagate?

Quoted two ways: 10% on booking with 20% on completion, or 70% during construction and 30% at handover. On AED 1,110,888 the first reading gives AED 111,089 at booking, AED 777,622 through construction and AED 222,178 at the keys, plus AED 44,436 of DLD fee — about AED 1.16 million all in. The second puts AED 333,266 at handover instead.

How many homes are in Seagate?

282 homes across four buildings of 15, 10, 6 and 5 residential floors, each over a basement, a ground floor and a roof level. No source publishes how the 282 split between the buildings, or sizes and prices by bedroom count.

Does Seagate qualify for a Golden Visa?

Not at the entry price. The threshold is AED 2 million of property and the entry unit is quoted at AED 1,110,888 — AED 889,112 short. A larger apartment or a duplex may clear it; ask for those prices. Below the threshold, a sole owner of a completed unit can still apply for the two-year investor visa.

What are the service charges and the rental yield at Seagate?

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 14,140 to 21,210 on a 707 sq ft apartment. That is 1.3% to 1.9% of this purchase price every year, the heaviest drag of any release here. Yield estimates range from 4% to 5% gross at first handover 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 302,000 a couple can remit the whole price in one financial year, which makes this the easiest purchase in the district to fund.

Want Emaar's current Seagate price list, the completion date it will put in the contract and the construction-progress figure on the DLD record? Ask Realty Hunting and we will get them before you pay anything.

Compare with other Dubai projects

Also in Mina Rashid: Bayline Apartments (from AED 1.6 M, handover 2027), Marina Views (from AED 1,650,000, handover 2028), Pier Point (from AED 1,930,000, handover 2028) and Marina Place 1 (from AED 2,080,000, handover 2028). See every Dubai Marina project with prices and handover dates.

More by Emaar: Golf Dale (from AED 1.12 M, handover 2028), Golf Meadows (from AED 1.12M, handover 2029) and Lime Gardens (from AED 1.12 M, ready).

A similar budget elsewhere in Dubai: Sobha Aquamont (from AED 1,110,000, handover 2028), Canal Crown (from AED 1,120,000, handover 2027) and Danube Oceanz (from AED 1.1 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.