Emaar Properties · Rashid Yachts & Marina · Construction Update
Pier Point 2 Construction Update - May 2026
May 2026 Inspection Confirms Pier Point 2 Reaches 8.48% Construction Progress at Rashid Yachts & Marina
Mobilization, enabling and piling works define site activity at Pier Point 2, with the RERA inspection of 14 May 2026 certifying 8.48 percent construction progress.
Direct advisor access. Every message answered personally, never by a call center.
Verified DLD Inspection Data
Pier Point 2 Construction Snapshot
A 2.23 point rise since the previous certified reading keeps Pier Point 2 in the enabling and foundations band, the stage where payment protection and registration paperwork matter more than delivery dates.
Pier Point 2 at Rashid Yachts & Marina
3305
Active
8.48%
14 May 2026
22 February 2025
117 residential units
12,723.04 sq m
October 2028
Data source: RERA inspection conducted on 14 May 2026, tracked against DLD inspection records for project 3305. The image at the top of this page is a developer render of the finished building, not a photograph of site works. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: September 2026.
Want each new reading the day it publishes? Message me on WhatsApp and I will send it to you directly: one message per inspection cycle, nothing else. Message me on WhatsApp
This Inspection Cycle
Pier Point 2 Construction Progress Summary
Between the previous certified reading and the inspection dated 14 May 2026, Pier Point 2 moved from 6.25% to 8.48%, a gain of 2.23 points earned entirely at and below ground level. Early percentages move slowly for a reason: piling and enabling packages carry a small share of the certified weighting while consuming a long stretch of the programme.
- DLD project registration recorded on 25 September 2024
- Escrow trust account opened with Emirates NBD Bank (P.J.S.C)
- Construction start recorded on 22 February 2025
- Site mobilization on plot 513 in Madinat Dubai Almelaheyah
- Enabling works across the marina front parcel
- Piling for the registered ground, podium, ten floor and roof development
- Substructure and superstructure for both residential buildings
- Podium, amenity deck and landscaped levels above the parking floor
- Remaining RERA inspection cycles toward the October 2028 handover
Payment Linked Progress
What 8.48% Progress Means for Pier Point 2 Buyers
Most Dubai off plan payment plans tie instalments to dated stages, to construction milestones, or to both, so a certified reading of 8.48% is the number that tells an early stage buyer which protections are still doing the heavy lifting. At this point in the Pier Point 2 build, four actions matter most.
Verify the escrow account
Every payment ahead of handover should reach only the DLD regulated escrow account registered for project 3305, held with Emirates NBD Bank (P.J.S.C) in the RERA record. Pier Point 2 escrow account verification is the step before any transfer; the lookup itself takes about two minutes against the official DLD project record.
Map your SPA against the certified reading
The published schedule places a 10% instalment in June 2026 and ties that stage to 10% construction completion, while the 14 May 2026 record stands at 8.48%. Not sure whether your next instalment is date linked or milestone linked? Send me your SPA schedule and I will map it against the certified milestones.
Confirm the interim registration
Years before a title deed exists, an off plan purchase lives on the DLD interim register, which is what ties your name to a unit in project 3305. Ask for the registration certificate itself rather than a developer receipt.
Track the readings that release money
Several inspection cycles separate this reading from completion certification. The Pier Point 2 construction updates hub keeps each certified percentage beside the stage it affects.
General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.
Buying at 8.48%?
Entering this early trades delivery certainty for runway: the structure is still below ground, most of the dated stages are ahead of you rather than behind, and the price on the table is the developer sheet rather than a resale quote. Every payment goes to the DLD-registered escrow account for project 3305, released against certified construction progress.
- A certified record already exists: piling and enabling dated 14 May 2026
- Four dated stages of the plan have already elapsed and settle at reservation
- About two and a half years of build between this reading and October 2028
- Nothing certified beyond registration and the escrow account opening
- Full construction risk carried from the first day on site
- The longest instalment runway, priced at launch levels
05 Units Available on the Pier Point 2 project page as of this update; availability shifts between cycles.
About the Development
Pier Point 2 Project Details
With piling under way rather than finished, Pier Point 2 is an early stage development of 117 residences, one to three bedroom apartments plus three bedroom townhouses, on the marina front at Rashid Yachts & Marina. Starting prices: AED 1.93M ≈ USD 526K.
Entering at this reading means the longest remaining runway on the payment plan and the widest choice of level and orientation, set against a handover expected in October 2028.
Pier Point 2 at Rashid Yachts & Marina Project GuideSite Context This Cycle
Explore Pier Point 2 Location on Dubai Map
Pier Point 2 sits on plot 513 in Madinat Dubai Almelaheyah, a 12,723.04 sq m parcel on the inner edge of Rashid Yachts & Marina with the basin in front of it, and that waterfront position is why the May 2026 record reads as mobilization, enabling and piling rather than visible structure: the ground work on a marina front parcel is the part of the programme that happens before anything rises.
The surrounding masterplan is still filling in around its berths and promenade, so Pier Point 2 is being built into a community maturing on roughly the same timeline as the building itself, while the road network is already finished: Sheikh Zayed Road about ten minutes away, Dubai International Airport about fifteen, Downtown Dubai about twenty. For a buyer reading 8.48%, that means the address is judged on dates rather than on what is open today. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in Pier Point 2 During Early Construction Progress
Early stage ownership is decided by payment protection and residency planning long before keys change hands. Each resource below is matched to where Pier Point 2 stands right now.
Pier Point 2 Construction Updates
This page: the verified 14 May 2026 inspection record for Pier Point 2, from piling onward.
Pier Point 2 at Rashid Yachts & Marina Golden Visa: Ten Years
At Pier Point 2 at Rashid Yachts & Marina, 117 Emaar homes, the one bedroom sits below while three releases qualify.
Read the Pier Point 2 Golden Visa Guide
Pier Point 2 at Rashid Yachts & Marina Escrow with Emirates NBD
Emirates NBD keeps Pier Point 2 at Rashid Yachts & Marina escrow, DLD project 3305, 121 units, 8.48% certified May 2026.
Verify the Pier Point 2 Escrow AccountUpdate Timeline
Other Pier Point 2 Construction Updates
This is the first published inspection reading for Pier Point 2; every cycle after it lands on the hub, reading by reading.
Where This Update Fits
Explore Pier Point 2 Structure
This monthly report is one node in the wider record: the marina community around the site, the developer delivering it, and the listings competing with it.
Mina Rashid Properties for Sale
Browse waterfront apartments for sale at Rashid Yachts & Marina, with projects, prices and payment plans.
See Mina Rashid Properties for Sale
Mina Rashid Community Overview
Read the Rashid Yachts & Marina guide: Emaar's transformation of historic Port Rashid into a marina lifestyle community.
Explore the Mina Rashid Community
Emaar Properties: Burj Khalifa, Downtown Dubai and Twenty Master Communities
Emaar, founded in 1997, built Burj Khalifa and Downtown Dubai and has delivered over 85,000 homes across twenty master communities.
View the Emaar Properties Developer ProfileFAQs
Pier Point 2 Construction Progress in May 2026: Frequently Asked Questions
As of the RERA inspection conducted on 14 May 2026, Pier Point 2 stands at 8.48% construction progress in the DLD project register, with the progress status recorded as Main Contract Progressing.
The record moved from a previous certified reading of 6.25% to 8.48% on 14 May 2026, a gain of 2.23 points. The inspection notes attribute the cycle to mobilization, enabling and piling works, so the movement sits below ground rather than in visible structure. How each cycle is recorded and audited is covered on the Pier Point 2 construction updates hub.
Yes. Completion dates in the DLD project register can be revised between inspection cycles, and October 2028 is the date on record as of the 14 May 2026 reading. Any revision would surface in a later update on this cluster, and the consequences for your own payments are set by your sale and purchase agreement.
The 14 May 2026 inspection notes record mobilization, enabling and piling works in progress on plot 513 at Rashid Yachts and Marina. At 8.48% none of the superstructure for the registered development of ground, one podium, ten floors and roof has been certified yet.
The published schedule places a 10% instalment in June 2026 and ties that stage to 10% construction completion, while the certified reading on 14 May 2026 is 8.48%. Whether your own payment is triggered by the date or by the milestone is decided by the wording of your sale and purchase agreement, which is the document to read before you transfer.
No. It is a developer render of the completed building, used to identify the project. The site record for May 2026 is the RERA inspection data on this page: 8.48% progress, dated 14 May 2026, with mobilization, enabling and piling works in progress.
A Question the FAQ Can Not Answer?
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is helping you read the May 2026 inspection record for Pier Point 2 at Rashid Yachts & Marina correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.