Off-planQ4 2028
Pier Point 2 is a residential tower located within Rashid Yachts & Marina, one of Dubai's dedicated waterfront yacht communities. The building rises G+1P+10 floors and delivers 121 units across a single structure, with a landscaped podium connecting amenity spaces including gardens, yoga platforms, and BBQ areas. The design follows a contemporary aesthetic with attention to unit-level detailing across 1-, 2-, and 3-bedroom apartments and 3-bedroom townhouses.
The development sits within a wider mixed-use precinct that combines full-service marina infrastructure with retail and dining. For residents, this means direct access to a waterfront promenade and a range of on-site services without leaving the community — a meaningful distinction from inland residential towers marketed on lifestyle alone.
Pier Point 2 offers four unit configurations across 121 total apartments. The 57 one-bedroom units range from 774 to 811 sq ft, starting at AED 1.93M. The 51 two-bedroom units span 1,213 to 1,373 sq ft from AED 2.87M. Nine three-bedroom apartments cover 1,669 to 1,907 sq ft from AED 4.07M. Five three-bedroom townhouses occupy 2,643 to 2,667 sq ft and are priced from AED 8.73M — the largest and most premium product type in the building.
Townhouse availability is notably limited at five units within a 121-unit building, giving them a scarcity characteristic that distinguishes Pier Point 2 from a standard apartment tower. All unit types benefit from the podium-level amenity deck and direct proximity to the marina promenade.
Rashid Yachts & Marina occupies a historically significant waterfront position near Port Rashid, placing it between old Deira and modern Downtown Dubai. Residents have fast road access to Sheikh Zayed Road and are within a short drive of the Burj Khalifa district, Dubai Frame, and the Dubai Creek area. Dubai International Airport is also accessible in under 20 minutes under normal traffic conditions.
The location benefits from being in an established urban zone rather than a peripheral master-planned development, which typically translates into more predictable connectivity and faster maturation of surrounding retail and service infrastructure.
Pier Point 2 is registered under DLD project number 3305 with an escrow account held at Emirates NBD, providing standard regulatory protection for off-plan buyers. Project start date is February 2025 and the DLD end date is October 2028, aligning with the payment plan's final 20% instalment due on completion.
Waterfront inventory in Dubai — particularly units with direct marina exposure — has historically commanded rental premiums over comparable inland apartments. With 121 units across a single building, the development maintains a boutique scale relative to larger mixed-use towers, which can support stronger per-unit capital retention over time. The 10/90 construction-linked payment plan spreads capital deployment over approximately four years.
Rashid Yachts & Marina connects directly to Sheikh Zayed Road via the Port Rashid interchange, giving residents access to Dubai's primary arterial within minutes. Dubai International Airport is approximately 15–18 km away. The community sits between Deira and Bur Dubai to the north and Downtown Dubai to the south, positioning it centrally within the older urban core of the city.
The immediate surroundings include the Rashid Yachts & Marina retail and dining promenade, operational berths for private yachts, and community-level services within the master development. Wider landmarks within a short drive include Dubai Frame, the historic Al Fahidi district, and the Jumeirah waterfront corridor. The future Blue Line metro expansion is mapped to improve public transport access to this zone.
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Real Dubai Land Department transactions and rent contracts — not developer marketing.
116 transactions · last 12 months
1 br · 407 sales analyzed
At the starting price of AED 1,930,000, typical rent for a 1 br in Mina Rashid (AED 72,500/year, ~AED 6,000/month) implies a 3.8% gross yield.
Based on 16 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.
Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
The payment plan consists of a 10% down payment, followed by seven construction-linked instalments of 10% each between November 2024 and September 2027, and a final 20% payment due on 100% construction completion in October 2028.
According to the DLD project record, the scheduled completion date is October 2028, which aligns with the final payment instalment tied to 100% construction completion.
Yes. Pier Point 2 is registered with the Dubai Land Department under project number 3305. Buyer funds are held in an escrow account at Emirates NBD in accordance with Dubai off-plan regulations.
Residents have access to a landscaped podium with gardens, yoga platforms, and BBQ areas, as well as the wider Rashid Yachts & Marina facilities including a full-service marina, waterfront promenade, retail outlets, and restaurants.
Rashid Yachts & Marina is approximately 15–18 km from Dubai International Airport, typically a 15–20 minute drive depending on traffic conditions.
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