Marina Place 1 at Rashid Yachts & Marina Construction Updates

Construction Snapshot

Marina Place 1 at Rashid Yachts & Marina at a Glance

Marina Place 1 is Emaar's 162-residence address in Rashid Yachts & Marina, registered with the Dubai Land Department as project 3386 on 15 November 2024 and under construction since 24 April 2025. The latest reading in the supplied record, 4.23% dated 3 April 2026, belongs to enabling and piling works, so the registered anchors below say more about this build than the percentage does for now. What sets the record apart is its mix: two residential blocks of 12 and 9 floors share one podium with townhouses laid out over ground and podium levels, so every later reading describes both building types at once.

Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.

Pace Analysis

How Fast Marina Place 1 at Rashid Yachts & Marina Has Been Built

With a single dated reading, Marina Place 1 has no inspection-to-inspection pace to measure yet. Two figures can still be worked out from the register dates, and both are arithmetic, not a forecast, on 30-day months:

• Apr 2025 to Apr 2026: enabling and piling, 4.23 points over the 344 days from the 24 April 2025 start to the 3 April 2026 readingAbout 0.37 points per month
• Apr 2026 to Dec 2028: 95.77 points over the 1,003 days left to the 31 December 2028 registered completion dateAbout 2.86 points per month needed

Read together, the two numbers mark the start of a curve rather than its shape. A 4.23% register reading after 344 days of enabling and piling on a marina-front site is the kind of figure early ground preparation typically produces, because work below ground moves the percentage far less than the podium, the 12 and 9 floor blocks, or the facades will later. The 2.86 figure is only what the remaining 95.77 points divide into across 1,003 days; it predicts nothing, and handover remains expected in Q4 2028. For an end user, the next dated readings show when the podium and the two blocks begin to register; for an investor, they show when the 20% construction completion milestone tied to the 4th instalment is reached, which your SPA governs rather than the indicative August 2026 date in the published plan.

Stage Record

Marina Place 1 at Rashid Yachts & Marina Build Stages, Mapped to the Inspections

Each stage below is tied to the window it occupies in the Marina Place 1 record, from registration in November 2024 to the expected Q4 2028 handover; stages that no reading has reached yet are marked as not yet recorded rather than given dates.

What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on Marina Place 1 at Rashid Yachts & Marina 's own record.

Approaching Handover

Between 4.23% and Handover: What Marina Place 1 at Rashid Yachts & Marina Buyers Should Do Now

At 4.23% almost the whole build still lies ahead, so the useful buyer work at Marina Place 1 right now is about payments and paperwork rather than finishes. Of the 80/20 plan Emaar published at launch, the four instalments fixed to calendar dates, 40% in total, were all due by January 2026; the 4th instalment is the first one tied to construction, at 20% completion with an indicative August 2026 date, against a register reading of 4.23% dated 3 April 2026. When it actually falls due follows recorded progress under your SPA, so the three checks below belong before the next milestone notice arrives, not after it.

First, confirm that every remaining instalment is directed to the Emirates NBD trust account for project 3386; the Marina Place 1 escrow account page shows how to check the account and how releases follow recorded milestones.

Second, if residency is part of your plan, settle the eligibility questions while most of the price is still ahead of you through the Marina Place 1 Golden Visa eligibility guide, since eligibility rests on the property value the DLD holds on record when you apply.

Third, place your unit within the configuration, one of the two blocks or the podium townhouses, using the Marina Place 1 project guide, so you know which part of the build your home depends on as the readings move.

Send me your unit number on WhatsApp and I will tell you what the latest inspection means for your handover and map the sequence for your specific unit.

FAQs

Marina Place 1 at Rashid Yachts & Marina Construction Updates Frequently Asked Questions