Ocean Point

Ocean Point is a residential building by Emaar, situated within the Rashid Yachts & Marina development at Mina Rashid, and is scheduled for completion in June 2028.

# The building and its position in Mina Rashid

Mina Rashid occupies a stretch of Dubai's historic port district, a waterfront address that carries genuine heritage weight. Port Rashid was for decades the commercial gateway to the emirate, and the regeneration project built around Rashid Yachts & Marina has given the area a second, more residential chapter.

Ocean Point is a single building within this broader master plan. At roughly 15 per cent construction progress as of mid-2025, the tower is in its early structural phase, with delivery set for June 2028. The marina itself accommodates 430 wet berths for yachts up to 100 metres, which gives the neighbourhood a character distinct from Dubai's more landlocked luxury corridors.

The position offers sightlines toward Dubai Downtown on one axis and open water on another. That combination is relatively uncommon at this price point in the Dubai market.

# Residences, specification and finish

Specific unit configurations, floor areas and pricing are not currently available through JRE's listings, as Ocean Point is recorded as out of stock at the time of writing. What the project confirms is that residences are delivered unfurnished, with fitted kitchens and contemporary finishes using quality materials throughout.

The service charge is set at 18 AED per square foot, a useful figure for buyers modelling annual holding costs against comparable waterfront addresses.

# Amenities within the community

The amenities list is focused rather than exhaustive, which is worth taking at face value. Ocean Point residents have access to a community park, a gym, recreational courts, a nursery, and the Canal Pool.

The Canal Pool is the anchor leisure facility, connected to the broader Rashid Yachts & Marina promenade. The nursery provision signals that Emaar has designed the community with longer-term, family-oriented residents in mind rather than purely short-stay investors.

# Mina Rashid's position in Dubai's geography

Mina Rashid sits south of Deira and north of Bur Dubai, placing it broadly central relative to the older parts of the city. Dubai International Airport is reachable without crossing the more congested corridors of Sheikh Zayed Road. The proximity to the Dubai World Trade Centre district keeps the project connected to Dubai's commercial infrastructure.

The marina promenade, with its restaurants and retail, is shared across the wider Rashid Yachts & Marina master plan, meaning residents benefit from the footfall and animation of a larger destination rather than a standalone tower.

# Who Ocean Point suits, and where it sits in the market

For buyers drawn to waterfront living but sceptical of the more saturated marina addresses, Mina Rashid presents a different proposition. The heritage context, the working marina scale, and the proximity to old Dubai rather than the newer southern corridors appeal to a specific buyer: typically someone who wants proximity to the water and the city's cultural weight in equal measure.

The 2028 completion timeline and the current construction stage mean this is an off-plan commitment requiring patience. Buyers entering at this stage are pricing in that wait. Given Emaar's track record on delivery and the escrow registration on file (3538454005406), the structural protections are in place. The asset case rests on Mina Rashid's continued development momentum and the relative scarcity of genuine waterfront land this close to central Dubai.