DISTRESS DEAL | 2BR | RASHID YACHTS & MARINA — 11% BELOW OP

ABOUT MARINA VIEWS TOWER 3

Marina Views is a residential tower within Rashid Yachts & Marina, Emaar’s master waterfront development on the Mina Rashid waterway adjacent to the historic Port Rashid and the QE2 floating hotel. The development is positioned as Emaar’s answer to Dubai Marina for buyers and tenants who want genuine waterfront living without the density and traffic saturation of the Marina or JBR. The masterplan includes a dedicated promenade, active yacht berths, retail, and F&B infrastructure delivered alongside the residential towers.

Marina Views Tower 3 carries Emaar’s standard residential specification — the developer’s most consistent product in the AED 3–5 million range for 2-bedroom waterfront apartments. Emaar waterfront communities have consistently outperformed the broader Dubai market on both capital appreciation and rental demand through multiple market cycles.

WHY THIS IS A DISTRESS DEAL

The seller acquired at launch and is exiting before handover at a verified AED 428,124 below their all-in cost. At AED 3,400,000, the buyer steps into an Emaar SPA at a price not available through the developer at this stage of construction. Rashid Yachts & Marina secondary market pricing has moved upward since the first residential releases — the typical Emaar waterfront trajectory. A buyer entering now on assignment acquires the remaining construction period as appreciation runway rather than risk.

Waterfront 2-bedrooms in comparable Emaar communities — Dubai Creek Harbour, Emaar Beachfront — consistently achieve rental yields in the 6–7% range when acquired at secondary market pricing. The marina view orientation and mid-floor positioning place this unit in the optimal bracket for both long-term lease and short-term rental licensing post-handover.

PROPERTY DETAILS

At 1,255 sq ft, this is a well-proportioned 2-bedroom layout for the Rashid Yachts & Marina product line.

Mid-floor positioning in the 12–17 range delivers unobstructed marina views without the top-floor pricing premium, and places the unit at the ideal elevation for the view corridor.

The balcony faces the marina waterway. Emaar’s 2-bedroom standard specification includes fully fitted kitchen, integrated appliances, and porcelain tile flooring throughout.

PAYMENT PLAN

The seller’s remaining instalment schedule is available on request. With Q4 2028 handover, the buyer assumes the construction-period payments under the existing Emaar SPA. Off-plan mortgage eligibility applies subject to construction progress and lender criteria at time of application.