2BR Apartment in Pier Point, Dubai Maritime City
About this property
This 2-bedroom, 2-bathroom apartment at Pier Point offers 1,278 sq ft in Rashid Yachts & Marina (Mina Rashid), priced from AED 3,193,888 (about AED 2,499 per sq ft), with handover expected in Q4 2028.
Pier Point is an Emaar Properties project in Rashid Yachts & Marina, registered with the Dubai Land Department in two phases. Pier Point 1 (project 3304) has 122 homes: 57 one-bedroom, 51 two-bedroom and 14 three-bedroom units, with construction started in February 2025 and at 8.27% at the 14 May 2026 inspection; Pier Point 2 (project 3305) stood at 8.48%.
Mina Rashid, now marketed as Rashid Yachts & Marina, is Emaar's waterfront district at the old Port Rashid, next to the QE2 floating hotel and a marina with around 430 berths. Agency pages give drive times of about 10 to 12 minutes to Sheikh Zayed Road and Downtown Dubai and around 15 minutes to Dubai International Airport, with the Dubai cruise terminal close by.
A two-bedroom with two bathrooms suits a couple or small family who want marina living close to Downtown, in a newer waterfront district.
Our feed lists an 80/20 payment plan.
How does the price compare with Madinat Dubai Al Melaheyah? Registered sales in Madinat Dubai Al Melaheyah had a median of AED 2,962 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 811 sales). At about AED 2,499 per sq ft, this unit is around 16% below that median.
What rental yield can investors expect in Madinat Dubai Al Melaheyah? The median annual rent was AED 95,000, a gross yield of about 2.7% over the same period (Dubai Land Department, 1,902 Ejari contracts in Madinat Dubai Almelaheyah). Actual returns depend on the unit, floor and market at handover.
When will Pier Point be completed? Our feed lists handover in Q4 2028.
Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.