Emaar Properties, in conjunction with P&O has launched an AED 25 Billion Riviera-style coastal destination in the heart of Dubai.
When Mina Rashid, the first modern port of Dubai, opened in 1972 - realising the vision of the late Sheikh Rashid bin Saeed Al Maktoum, the Father of Dubai - it ushered in a new era of prosperity for the city, transforming it into an important port of call between the East and the West.
Now Emaar Properties is building the world’s new sailing destination by the historic Dubai Creek near Bur Dubai/Deira, the very heart of the Dubai’s glorious coastal heritage, in the very location where the city made its tryst with the future.
P&O Marinas, a subsidiary of global trade enabler DP World - UAE Region, has made the land available to Emaar.
Emaar has announced the launch of ‘Mina Rashid,’ an AED 25 billion investment to celebrate Dubai’s maritime heritage while creating a future-ready lifestyle address with views of the Arabian Gulf and the Downtown Dubai skyline.
Only 15 minutes from the Dubai International Airport and 20 minutes from Downtown Dubai and Dubai Creek Harbour, ‘Mina Rashid’ will have several exceptional features, including a few firsts in the city such as ‘The Dubai Mall by the Sea’ – an elite waterfront retail, dining and leisure destination; a floating yacht club; a pristine sandy beach of over 12,600 square metres – the size of about two-and-a-half football fields; and Dubai’s longest swimming pool, among others.
Adding a new address to the international yachting community, ‘Mina Rashid’ will have over 430 wet berths, several of which can accommodate the largest yachts in the world and will also catalyse cruise tourism.
Taking place of pride at ‘Mina Rashid’ is the QE2, the world’s most celebrated ocean liner – now a 13‑deck hotel, dining, entertainment and events destination – docked permanently, and offering visitors an interactive exhibition of its glorious heritage from the 1960s, sailing over 5.6 million miles and carrying over 2.5 million passengers.
With a choice of midrise waterfront residences, ‘Mina Rashid’ will have vibrant promenades and a Venetian piazza with retail and F&B overlooking the sea. In addition are signature hotels, a private beach club, interconnected parks, a 500-metre long palm tree-fringed canal, art galleries, a theatre, museum and more. Mina Rashid will also be a modern link to the heritage of the city with a direct pedestrian bridge connecting the House of Sheikh Saeed Al Maktoum, thereby honouring the legacy of the Al Maktoum family, to a museum and theatre.
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