The vibe
Mina Rashid occupies a genuinely special location: waterfront, in old Dubai, close to the creek and the historic soul of the city. The development spans seven interconnected districts with a marina, private beach, boardwalks, and six linked district parks. The architecture is contemporary but the setting carries historical weight — this was where Dubai's trade came in for decades before Jebel Ali. Today it is positioned as a luxury residential community, but one with a distinctly Dubai-old-town context rather than the artificial island feel of newer waterfront developments.
The QE2 is the centrepiece — a 13-deck ocean liner permanently docked as a hotel and dining venue, hosting restaurants, events, and a hotel that adds a unique social anchor to the community. Construction is ongoing in some phases; the Seagate complex was completing in 2025, so expect some activity noise in the near term.
Property and rents
Average sale prices sit around AED 2.74 million, with the market running from AED 1.4 million for one-bedroom apartments up to approximately AED 11 million at the top. One-bedroom units typically sell for around AED 1 million to AED 1.5 million; two-bedrooms around AED 1.5 million to AED 2.5 million; three-bedrooms around AED 2.5 million and above. There is no average rental figure confirmed for this market, reflecting the fact that much of the community is still in off-plan or early occupancy phase. With 38 active listings currently, the secondary market is thin — buyers are mostly purchasing off-plan from Emaar directly. The price category is medium for Dubai, which is reasonable for an Emaar-branded waterfront address close to the city core.
Getting around
Location is Mina Rashid's strongest card. Sitting between Bur Dubai and Deira, it is roughly 15 minutes from Dubai International Airport and 20 minutes from Downtown Dubai. Sheikh Rashid Road and Al Mina Road provide direct arterial access to Jumeirah, DIFC, and the rest of the city. The nearest metro connection is Palm Deira Station, approximately 11 minutes' walk, with bus routes 8, C18, 29, 61, and 93 serving the surrounding area. For a waterfront community in Dubai, the public transport access is better than average — though most residents will still find a car useful for the full city.
Lifestyle and amenities
The community's lifestyle infrastructure is impressive on paper and growing in practice. Boardwalks, open water views, six district parks, water sports facilities, and the QE2 dining and entertainment complex give residents genuine options without leaving the community. Supermarket access currently draws on Al Khaleej Center and Al Maydan Shopping Center nearby, with BurJuman Mall a short drive. Schools within the community are planned; existing options include Hessa Bint Al Mer Private School and GEMS Winchester School in the broader neighbourhood. A hospital is also planned for future phases. The honest caveat is that some of this infrastructure is still in delivery — what you see on the master plan and what exists today are not always the same.
Who it suits
Mina Rashid works well for buyers who want Dubai waterfront at a medium price point, value location over the latest ultra-modern address, and are comfortable with an active construction phase. The commute profile — 15 minutes to the airport, 20 minutes to Downtown — suits business travellers and city-centre workers equally well. Investors are active here given Emaar's track record and the area's undeniable location advantage; the thin secondary market means exit liquidity deserves consideration. It is not ideal for buyers who need community infrastructure fully in place today, families prioritising established schools within walking distance, or anyone sensitive to construction activity.
I cover Dubai's waterfront communities with a focus on the gap between the render and the reality — Mina Rashid is one where the location genuinely lives up to the promise.
FAQ
Where is Mina Rashid in Dubai?
Mina Rashid sits between Bur Dubai and Deira on Dubai's western waterfront. It is approximately 15 minutes from Dubai International Airport and 20 minutes from Downtown Dubai by car.
What are property prices in Mina Rashid?
Average sale prices are around AED 2.74 million. One-bedroom apartments typically start from AED 1.4 million; larger units reach approximately AED 11 million at the top end.
Is Mina Rashid connected to the metro?
Not directly, but Palm Deira Metro Station is approximately 11 minutes' walk. Several bus routes also serve the surrounding area.
Who is developing Mina Rashid?
The community is being developed by Emaar Properties in partnership with P&O Marinas, which gives it strong developer credibility.
Is Mina Rashid still under construction?
Yes. The community is in active delivery — the Seagate complex was completing in 2025 and some phases are still being built out. Expect construction activity in the near term.
What is the QE2 at Mina Rashid?
The Queen Elizabeth 2 is a historic 13-deck ocean liner permanently docked at Mina Rashid, converted into a hotel, dining, and entertainment venue within the community.