Rashid Yachts and Marina, formerly known as Port Rashid, is a historic port district in Dubai spanning over 632,000 square meters. In 2019, Emaar Properties began an extensive redevelopment of the area, inspired by the picturesque Italian town of Portofino. Today, it stands as a premier hub for yachting and resort living. The community includes around 3,000 residential units, comprising apartments, penthouses, and townhouses. A 500-meter canal pool, the longest in Dubai, runs through the district, lined with a promenade, a harbor featuring 430 berths, a yacht club, and a private beach club. The canal area is surrounded by lush greenery, sun loungers, and gazebos for relaxation. Conveniently located in the eastern part of Dubai, Rashid Yachts and Marina is close to Bur Dubai and Deira, within a 15-minute drive from Dubai International Airport (DXB) and Downtown Dubai.
Along the waterfront is Dubai Mall by the Sea, a premium retail and entertainment complex featuring luxury boutiques and a variety of restaurants. The community also includes six spacious parks, the Sheikh Saeed Al Maktoum House museum, a theater, interactive exhibitions, art galleries, and floating restaurants. A standout feature is the QE2 Hotel, Dubai’s first floating hotel. The district also offers ferry services and water taxis for easy transport. Nearby schools, nurseries, and medical facilities further enhance the appeal of this prestigious community. With steady property price growth and increasing tourist interest, Rashid Yachts and Marina presents a lucrative investment opportunity, offering high rental yields and passive income potential.