Marina Place 1 at Rashid Yachts & Marina by Emaar Properties

Marina Place 1 is a residential project by Emaar in Rashid Yachts & Marina, Dubai, with 162 residences: 1, 2 and 3 bedroom apartments and a limited number of 3 bedroom townhouses. It is currently under construction, with handover scheduled for Q4 2028.

Marina Place 1 is located in Rashid Yachts & Marina, a marina community in Dubai, and the project offers residents direct access to the marina. Approximate drive times published for the Rashid Yachts & Marina area are about 10 minutes to Sheikh Zayed Road, about 15 minutes to Dubai International Airport, and about 20 minutes each to Downtown Dubai, The Dubai Mall and Burj Khalifa, and Dubai Creek Harbour. These are area figures, not measurements taken from the building itself.

Starting prices are AED 2.08M ≈ USD 566K for 1 bedroom apartments, AED 3.08M ≈ USD 839K for 2 bedroom apartments, AED 4.40M ≈ USD 1.20M for 3 bedroom apartments, and AED 9.06M ≈ USD 2.47M for 3 bedroom townhouses. The final price of a specific unit depends on its size, floor, view and availability, and the developer can revise pricing between releases.

The apartments come in three types: 1 bedroom apartments of ≈ 802 - 944 sq ft (75 - 88 sq m), 2 bedroom apartments of ≈ 1,163 - 1,661 sq ft (108 - 154 sq m) and 3 bedroom apartments of ≈ 1,723 - 2,100 sq ft (160 - 195 sq m), all with balconies and set on levels 1 to 12. The 3 bedroom townhouses measure ≈ 2,652 - 2,660 sq ft (246 - 247 sq m); they are two-level homes with a ground-level terrace, offered in limited numbers.

Emaar lists an infinity pool with panoramic marina views, lush gardens and green spaces, boutique shops and dining options, and an exclusive yacht club and marina. The project renderings also show a double-height residential lobby lounge and a landscaped children's play area.

Handover is scheduled for Q4 2028. The project is currently at an early construction stage, and its progress against RERA inspection data and the Dubai Land Department project register is tracked in the Marina Place 1 construction updates guide.

Emaar's published plan is 80/20: a 10% down payment plus the 4% DLD registration fee, seven further instalments of 10% between January 2025 and February 2028, and a final 20% on completion in December 2028. The first four payments follow calendar dates, while the later instalments are linked to construction milestones with indicative dates. Buyers entering now settle the instalments already due at signing, per the developer's current terms.

The main additional cost is the 4% DLD registration fee, calculated on the purchase price and paid at the down payment stage, when the sale is registered with the Dubai Land Department. On a 1 bedroom apartment at the AED 2.08M starting price, the fee comes to about AED 83,200. Smaller administrative and registration charges may also apply, and the exact amounts are set out in the developer's sale documents.

Yes. Marina Place 1 is a freehold project, open to buyers of all nationalities, whether or not they live in the UAE.

At current prices, all four unit types start at or above the AED 2M ≈ USD 545K property investment threshold for the 10-year UAE Golden Visa. The 1 bedroom apartment starts at AED 2.08M, only AED 80K above the threshold, and eligibility is assessed on the property value recorded with the Dubai Land Department at the time of application, so approval is never automatic. The Marina Place 1 Golden Visa guide covers the eligibility steps in detail.

Off plan payments for Marina Place 1 are made into the project's DLD-registered escrow account with Emirates NBD and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Marina Place 1 escrow account guide explains how the account works and how to check it.

Yes. Reservation, SPA signing and DLD registration can all be completed remotely, and I manage the process end to end with the developer on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.