Marina Place 2 at Rashid Yachts & Marina by Emaar Properties

Marina Place 2 is a residential development by Emaar in Rashid Yachts & Marina, the waterfront community at Mina Rashid in Dubai. It is a single building of ground, podium and twelve floors (G+P+12) with 179 residential units, offering 1, 2 and 3 bedroom apartments and two-level 3 bedroom townhouses, with handover scheduled for Q4 2028.

Marina Place 2 is in Rashid Yachts & Marina at Mina Rashid, on Dubai's older coastline close to Al Shindagha and Bur Dubai, with direct access to the marina. Approximate regional drive times from the community are about 10 minutes to Sheikh Zayed Road, about 15 minutes to Al Shindagha Historical District, about 20 minutes to Dubai International Airport and to Downtown Dubai, and about 30 minutes to Dubai Marina, depending on traffic.

Current starting prices are AED 2.08M ≈ USD 566K for 1 bedroom apartments of about 799 to 911 sq ft (74 to 85 sq m), AED 3.08M ≈ USD 839K for 2 bedroom apartments of about 1,163 to 1,403 sq ft (108 to 130 sq m), AED 4.30M ≈ USD 1.17M for 3 bedroom apartments of about 1,717 to 1,955 sq ft (160 to 182 sq m), and AED 8.95M ≈ USD 2.44M for 3 bedroom townhouses of about 2,543 to 2,557 sq ft (236 to 238 sq m). The final price depends on the specific unit, floor and view.

The 3 bedroom townhouses are two-level homes at the ground and podium levels, with living, dining, kitchen, a maid's room, laundry, storage and a terrace on the lower level and three bedrooms with a balcony above, so they suit families who want house-style separation inside a marina building. The apartments cost less to enter, from AED 2.08M ≈ USD 566K for a 1 bedroom, and typically appeal to a wider pool of tenants and resale buyers. The choice usually comes down to budget, household size, holding horizon and whether the priority is personal use or rental income.

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 among the amenities, alongside direct access to the marina and a landscaped outdoor play area shown in the renderings. Typical floors have balconies, first-floor residences have larger terraces, and the wider Rashid Yachts & Marina community adds its marina and waterfront promenade.

Handover is scheduled for Q4 2028, with the final 20% instalment of the payment plan dated December 2028. The project is at an early construction stage, and progress against RERA inspection data is tracked in the Marina Place 2 construction updates guide.

Emaar's launch schedule is an 80/20 plan: a 10% down payment in November 2024, followed by 10% instalments in January 2025, June 2025, January 2026, August 2026, April 2027, September 2027 and February 2028, and a final 20% on completion in December 2028. Because the schedule began in November 2024, buyers entering now settle the instalments already due at signing under the developer's current terms, and the SPA sets whether each later instalment is triggered by its date or by its construction milestone.

The fixed additional cost is the 4% DLD registration fee, calculated on the purchase price and paid to the Dubai Land Department at booking alongside the 10% down payment. My advisory service adds no fee for the buyer, because the commission is paid by the developer and the purchase price is the same as buying directly.

Yes. Marina Place 2 is freehold and open to all nationalities, so international and non-resident buyers can own their unit outright and register it in their own name with the Dubai Land Department.

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, from AED 2.08M, sits only AED 80K above that line, and eligibility is assessed on the property value recorded with the DLD and on the title deed at the time of application, so the recorded value of the specific unit should be confirmed before relying on it. The Marina Place 2 Golden Visa guide covers the eligibility steps in detail.

Off plan payments for Marina Place 2 are made into the project's DLD-registered escrow account at Emirates Islamic Bank and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Marina Place 2 escrow account guide explains how the account works.

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