AED 5,750,000
3 bedroom apartment in Baystar Tower 2
4 bath · 1,700 sqft · 15% Below OP · Full Sea Views · Branded
Dubai area guides › Community
Mina Rashid
Mina Rashid is the old port turned into a waterfront district: the cruise terminal, the retired ocean liner moored as a hotel, and along the harbour a set of apartment buildings by the city's largest developer with the old city behind them and the sea in front. Every figure is McCone Properties’ own count from the Dubai Land Department’s registers: sales through October 2026.
What Mina Rashid actually sells for — every building, ranked by recorded price →
Schools near Mina Rashid — KHDA ratings, curriculum and fees →
Median resale price
AED 2.60M
29 completed homes · the last 12 months
Mean AED 3.16M
Median per sq ft
AED 2,304
+6% on the year before
Mean AED 2,459
Buildings
38
3 with enough recent sales to rank
On the market
7
2 for sale · 5 for rent · with McCone today
At a glance
Mina Rashid in numbers
- Made of
- 38 buildings with a recorded sale history
- Sales on record
- 4,492 since 2019 — the latest registered 19 Oct 2026
- On the market
- 2 for sale · 5 for rent with McCone today
- Metro
- Al Ghubaiba Green Line
- The name
- “Port Rashid”, for Sheikh Rashid bin Saeed Al Maktoum, who built it — what Dubai’s area names mean
- Across Dubai
- Freehold areas — part freehold, 11% of homes letMost expensive areas — resales at AED 2,304 per sqft, 12th dearest of 80Best areas to live — by the metroPet-friendly apartments for rent — landlords said yes on 22% of our listings hereBranded residences — Baystar by Vida selling off-planBest residential buildings — Seagate Building 2 resells at AED 2,910 per sqft, 15th dearest district of 67New buildings — 3 towers handed over in 2025; 32 still off-planRental yields — ranked with its neighbours under the DLD area Madinat Dubai Almelaheyah
- Who works it
- Elle May Searle — Associate Director
The guide
Living in Mina Rashid
Mina Rashid is the old port turned into a waterfront district: the cruise terminal, the retired ocean liner moored as a hotel, and along the harbour a set of apartment buildings by the city's largest developer with the old city behind them and the sea in front. It is new, central and on the water, and it trades as one of the more sought-after addresses on the Deira and Bur Dubai side of the city. Mina is a port, and the name is Port Rashid, for Sheikh Rashid bin Saeed Al Maktoum, who built it.
The place
The district lies on the old port's harbour between Bur Dubai and Maritime City, with the cruise terminal and the liner at its heart, a marina and a promenade along the water and the old city's souks a short drive. Its residential buildings stand along the harbour and the marina in phases, with pools, lawns and cafes between them; some are lived in and some are still handing over.
What you get
Apartments only, from one-bedroom flats to large layouts, in buildings that share a developer and a standard of finish and differ by position: on the harbour, on the marina, or behind. Nearly all of it is recent.
Who it suits
Buyers who want a new flat on the water near the old city and the airport, at prices below the Marina's. Owners who intend to let, because the district's furnished and short-stay market is forming with the handovers. People who work in Bur Dubai, Deira or the airport.
It suits people less well who want an established neighbourhood, a school in reach, or the Marina's life.
Buying and renting here
The register separates the handed-over buildings' resales from the district's off-plan resales, and this page keeps them apart; each building's own page carries its own record. Buyers off-plan should know the handover date and the payment plan remaining. For tenants, the official index caps a renewal while a new lease follows the market.
What it costs to buy
What Mina Rashid sells for
Completed resales over the last three years, by layout — the registered price and the registered floor area. Off-plan launches are counted separately and never folded in.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 714 sqft | 1,675,000 | 1,611,486 | 2,225 | 8 |
| 2 B/R | 1,162 sqft | 2,500,000 | 2,609,071 | 2,154 | 28 |
| 3 B/R | 1,591 sqft | 5,325,000 | 5,229,650 | 3,297 | 6 |
Over the last 12 months, 29 completed homes changed hands in Mina Rashid at a median of AED 2,600,000 — AED 2,304 a square foot, up 6% on the year before. Off-plan launches sit beside that figure, not inside it: 488 in the last year at AED 2,802 a square foot.
Every Mina Rashid building ranked by recorded price, and every sale as registered →
Where the market is moving
The busiest buildings in Mina Rashid
Over the ninety days to 19 October, by McCone Properties' count of the Land Department register, Seagate Building 1 alone accounted for 5 of the 10 completed homes sold in Mina Rashid, above its usual pace.
| # | Building | Sales, 90 days | Against its usual pace | Median per sq ft |
|---|---|---|---|---|
| 1 | Seagate Building 1 | 5 | 2.2× | 2,138 |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Pace is this window against the building’s own average ninety days over the year before. Buildings with fewer than five sales in the window are left out. 38 buildings in Mina Rashid carry a recorded history, and each has its own page. Every one ranked by recorded price →
Every building
All 38 buildings in Mina Rashid
Every building with a page of its own, alphabetically — its registered prices, sizes and the year it was handed over wherever the Dubai Land Department has a sale on record, and our homes in it where it has none yet.
Aurea · Avonlea Building 1 · Avonlea Building 2 · Bayline · Baystar Tower 1 · Baystar Tower 2 · Clearpoint Building 1 · Clearpoint Building 2 · Clearpoint Building 3 · Fior 1 · Marina Place 1 · Marina Place Phase 2 · Marina Views Tower 1 · Marina Views Tower 2 · Marina Views Tower 3 · Ocean Cove Building 1 · Ocean Cove Building 2 · Ocean Point - Building 1 · Ocean Point 2 · Ocean Star Building 1 · Ocean Star Building 2 · Ocean Views - Building A · Ocean Views - Building B · Pier Point 1 · Pier Point 2 · Porto View · Seagate Building 1 · Seagate Building 2 · Seagate Building 3 · Seagate Building 4 · Seascape Building 1 · Seascape Building 2 · Seascape Building 3 · Seascape Building 4 · Sera 1 Tower A · Sera 2 Tower A · Sera 2 Tower B · Sunridge
On the market · Mina Rashid
7 homes on the market with McCone
AED 3,500,000
2 bedroom apartment in Seagate Building 3
2 bath · 1,315 sqft · VOT · Burj & Sea View · Spacious layout
AED 290,000/ year
3 bedroom apartment in Seagate Building 1
3 bath · 1,649 sqft · Vacant · Marina Views · High Floor
AED 228,990/ year
3 bedroom apartment in Seagate Building 2
4 bath · 1,530 sqft · Full Sea View · Brand New · Low Floor
AED 199,990/ year
3 bedroom apartment in Seagate Building 2
4 bath · 1,530 sqft · Stunning Sea Harbour View · Vacant · High Standard
All 2 for sale in Mina Rashid →·All 5 for rent in Mina Rashid →
Who to ask
Elle May Searle
Associate Director
Elle holds 2 of the 7 homes McCone is marketing in Mina Rashid today, and hears about the rest before they reach a portal. Ask for Elle at the desk.
Questions people ask
Mina Rashid, answered
Where is Mina Rashid?
Mina Rashid lies on the old port's harbour between Bur Dubai and Maritime City, with the cruise terminal and the liner at its heart, a marina and a promenade along the water and the old city's souks a short drive.
What is the nearest Metro station to Mina Rashid?
The Metro station for Mina Rashid is Al Ghubaiba on the Green Line.
How much does it cost to buy in Mina Rashid?
By McCone Properties' count of the Dubai Land Department register, 29 completed homes changed hands in Mina Rashid over the last 12 months at a median of AED 2,600,000 — AED 2,304 a square foot, up 6% on the year before. Off-plan launches are counted separately: 488 in the last year at a median AED 2,802 a square foot. Every figure is a registered transfer, not an asking price.
How much is a two-bedroom in Mina Rashid?
On McCone Properties' reading of the Land Department's sales register, completed two-bedroom homes in Mina Rashid sold for a median AED 2,500,000 over the last three years — typically 1,162 sq ft, or AED 2,154 a square foot — across 28 recorded sales.
How many buildings are there in Mina Rashid?
McCone Properties counts 38 buildings in Mina Rashid with a sale history on the Land Department register. Each has its own page with every registered price, and 3 of them have enough recent resales to be ranked by price per square foot.
Is Mina Rashid still being built?
Of the 957 sales the Land Department registered in Mina Rashid in 2025, McCone Properties counts 937 off-plan purchases from a developer and 20 resales of finished homes — a community still being built out. The register has 4,492 sales for Mina Rashid since 2019.
Which buildings in Mina Rashid are selling right now?
Over the ninety days to 19 October, by McCone Properties' count of the Land Department register, Seagate Building 1 alone accounted for 5 of the 10 completed homes sold in Mina Rashid, above its usual pace.
New to renting or buying here? Ejari, the RERA rental index and the cost of buying, explained.
Where these numbers come from. Sale prices are the Dubai Land Department’s transaction register, read from the Dubai Data Exchange — what buyers actually paid, recorded at transfer. Mortgage registrations, gifts and developers’ own filings are excluded, and medians are used so one unusual sale cannot move the number. Sales through 19 Oct 2026.