Sirdhana - Mina Rashid - Port Rashid  

Sirdhana is the first phase of Emaar's Mina Rashid master development located at Port Rashid. Sirdhana consists of 4 low to mid-rise buildings overlooking the marina. Currently Emaar is selling building 3, which consists of 1, 2, 3, and 4 bedroom apartments.

Master Community: Mina Rashid
Property Types Available: Apartments
Location: Sheikh Zayed Road, Jumeirah Beach Road
Status: Under Construction
Year Launched: 2019
Estimated Completion Date: September 2022
Developer: Emaar
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Special Classification: Water-front Community, Residential Building , Residential Building with some retail
Under Construction Buildings: 4
Plot Number: 359

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Sirdhana

Investment Score

Value for Money
75%
Project Uniqueness
80%
Location & Connectivity
75%
Rental Yield Expectation
70%
Capital Growth Expectation
70%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Average payment-plan

Ideal for: Investors

Price Range: AED 1,350 PSF - AED 1,600 PSF

Unit Types Available: Apartment

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What Our Experts Think

Sirdhana at Mina Rashid is very centrally located when comparing its proximity to the airport, downtown, and popular spots in Dubai, so location-wise, its convenient.

The 1 and 2 bedroom apartments are of decent/standard size and we believe these are great investment properties. The internal area of 3 bedroom apartments (which are usually more for end-use) are slightly smaller in size when compared with other developments. The three beds have a large total area, but this is mainly due to the large balconies.

Overall we think the smaller-sized units (1 and 2 beds) will offer decent return on investment.

Want to live in a Riviera-style community?

Sirdhana at Mina Rashid offers high-end waterfront apartments in a central location. Contact to learn more.

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About Sirdhana

Overview

Sirdhana is the first phase of Emaar's new master community located in "Old" Dubai called Mina Rashid. This master community is located in Port Rashid. 

Sirdhana consists of 4 low and mid-rise buildings consisting of 1, 2, 3, and 4 bedroom high-end contemporary apartments overlooking the marina and promenade. The front-facing units mostly have marina views, while the back-facing units will offer views of the Downtown skyline, which are mainly the one and two bedroom apartments. The apartments have a modern design, generous balconies, and floor-to-ceiling windows. 

This master community is located in currently what is one of Dubai's more populated neighborhoods. These neighborhoods are not freehold developments, meaning the large number of expats currently living in the area cannot buy property there. This new, freehold master community is targeting those residents who previously could not buy in the neighborhood. 

Mina Rashid has a very central location, being only 8 - 10 min. drive to popular destinations like La Mer, 20 min. to Downtown Dubai, 15 min. to Dubai International Airport, 10 min. to Sheikh Zayed Road, and around 20 min. to Dubai Creek Harbour. 

Currently Emaar is selling Building 3, which is a G-10 building. In front of Building 3 is a low-rise building. 

The 1 and 2 bedroom apartments are of decent/standard size and we believe these are great investment properties. The internal area of 3 bedroom apartments (which are usually more for end-use) are slightly smaller in size when compared with other developments. The three beds have a large total area, but this is mainly due to the large balconies. 

Prices

Building 3

  • 1 Bedroom apartments are expected to start from AED 1.1 million 
  • 2 Bedroom apartments are expected to start from AED 1.55 million 
  • 3 Bedroom apartments are expected to start from AED 2.6 million

Sizes

BedroomsSize Range (Sq. Ft.)
1705
21,071 - 1,362
32,052 - 2,976

Payment Plan

Payment %Milestone
5%Down Payment
5%Within 30 days from Booking
10%Every 6 Months (x5)
40% On Completion (September 2022)

About Mina Rashid

Mina Rashid is an upcoming waterfront community located in Port Rashid. This is a joint venture between DP World and Emaar Properties. We are expecting this community to generate significant amount of demand from current residents of nearby areas. This development is expected to be a comparable with projects such as Port de La Mer, located in Jumeirah.  

Mina Rashid  is located at the southern coast of the Arabian Gulf. It will be a high-end development located near the multi-purpose port, representing Dubai's rich maritime history. The community is located in close proximity to La Mer, Jumeirah, as well as 15 min. to Downtown Dubai and DIFC. Mina Rashid will feature numerous attractions for residents. The community will have the longest pool in the world (a 500 meter canal pool running through the development), 6 interconnected district parks and walkways, a floating restaurant, beachfront and piaza, hotels and retail by the sea called Dubai Mall at the Sea (numerous f&b outlets, luxury shopping destinations). The community will also be connected to the museum, theatre, art galleries, QE2 Interactive Exhibition and Theatre. Mina Rashid will also have QE2 Hotel and 430 Wet Berths. 

Currently, the Mina Rashid Port is able to handle both cargo and passenger operations (half a million visitors each year) and its central location makes it highly attractive to tourists and traders. 

Positives of Sirdhana

Negatives of Sirdhana

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