Mina Rashid

Pier Point 1

• Apartments
• Townhouses

Bedrooms

1–3 BR

Size

774–2,667 sqft

Payment plan

20/20

Completion

Pre-launch

Available

On request

Handover

Q4 2028

About Pier Point 1

Architecture & Design

Pier Point 1 is Tower 1 within Pier Point at Rashid Yachts & Marina, a G+1P+9-storey residential tower forming part of the two-tower Pier Point development. The building's contemporary design language prioritises clean lines and direct visual engagement with the marina, with residences configured across 122 units spanning 1-bedroom apartments through to 3-bedroom townhouses.

Unit sizes range from 774 sq ft for a 1-bedroom apartment up to 2,667 sq ft for a 3-bedroom townhouse, giving buyers a meaningful choice of scale without sacrificing the coherent design aesthetic applied across all typologies. Interiors are finished to a contemporary standard, with attention to detail cited across all unit categories.

Waterfront Setting & Community

Pier Point 1 sits within Rashid Yachts & Marina, one of Dubai's dedicated full-service marina destinations. The development's landscaped podium connects both towers and functions as a shared amenity layer — incorporating tranquil gardens, yoga platforms, and BBQ areas — rather than purely as a circulation deck.

The broader Rashid Yachts & Marina master community combines luxury residences with a working marina, curated retail, and a restaurant lineup oriented toward yacht owners and waterfront residents, making it one of Dubai's distinctive Dubai Communities for waterfront living. This positions Pier Point 1 at the intersection of operational marina infrastructure and residential amenity, a combination that remains rare in Dubai's current supply.

Unit Mix & Typologies

The 122 units are distributed across four typologies: 57 one-bedroom apartments (774–811 sq ft, from AED 1.93M), 51 two-bedroom apartments (1,213–1,373 sq ft, from AED 2.87M), 9 three-bedroom apartments (1,669–1,907 sq ft, from AED 4.07M), and 5 three-bedroom townhouses (2,643–2,667 sq ft, from AED 8.73M). The townhouse allocation is limited to five units, making them the rarest typology in the building.

Investment Case

Mina Rashid is a waterfront address with limited residential supply relative to established communities such as Dubai Marina, which supports long-term pricing resilience. Pier Point 1's proximity to old Dubai and Downtown — combined with direct marina access — targets both owner-occupiers and short-term rental investors who can leverage the marina lifestyle credential.

The project's 10/90 payment structure, with the final 20% due on handover in October 2028, distributes capital outlay across a four-year construction window, making it relevant for buyers evaluating off plan projects in Dubai. With construction begun in February 2025 and DLD completion tracking, buyers can monitor progress against the registered project timeline.

Key highlights

• 122 units across 1BR apartments to 3BR townhouses in a single 9-storey tower
• Located within Rashid Yachts & Marina — Dubai's full-service luxury marina destination
• Starting price AED 1.93M for 1BR from 774 sq ft
• 10% down payment with staged instalments through to Q4 2028 handover
• Only 5 three-bedroom townhouses (2,643–2,667 sq ft) in the entire building
• Registered DLD project with First Abu Dhabi Bank escrow; construction started Feb 2025

Why this project

• Full-service marina address with 122 residences, landscaped podium, and a rare 5-unit townhouse allocation — handover Q4 2028.

Amenities

• •Full-service marina
• •landscaped podium gardens
• •yoga platforms
• •BBQ areas
• •waterfront promenade
• •marina-facing retail
• •restaurants
• •swimming pool
• •lobby reception

Location

Connectivity & Proximity

Rashid Yachts & Marina sits between old Dubai (Deira, Bur Dubai) and the Downtown corridor, placing Pier Point 1 within roughly 10–15 minutes of both the historic city core and Burj Khalifa by car via Sheikh Zayed Road. Dubai International Airport is accessible in a comparable drive time, and the planned future Blue Line metro extension shown on the project map would further improve public transit access to the area.

Neighbourhood Character

The immediate environment is defined by the marina itself — berths, promenades, waterfront dining, and retail — rather than a dense urban streetscape. Neighbouring districts including Deira and Bur Dubai provide everyday retail and dining variety, while Downtown Dubai and DIFC are close enough for professional and leisure use without Pier Point 1 carrying their price premium.

Payment plan