
Al Mina
What apartments in Al Mina cost, how prices and rents have moved since 2023, every building with its figures, and what it is like to live there. All of it from Dubai Land Department records.
About Al Mina
Al Mina is a waterfront district on Dubai's coast in Bur Dubai. It contains Port Rashid, which opened in 1972 as the city's first commercial port. The old port land is being turned into Mina Rashid, a residential and marina community built by Emaar with P&O Marinas. The district has 24 buildings with 2,793 apartments, all new. The first were completed in 2025 and the latest are due in 2028. Mina Rashid Properties is the main developer. Marina Views 1, Marina Views 2 and Marina Place 2 are among the largest buildings. The nearest metro stop is Al Ghubaiba Metro Station, about 2.3 km away. The Drydocks World Dubai medical department is within walking distance, about 500 m away.
Al Mina is an apartment district of about 2,793 apartments, built from 2025 onwards. 22 buildings are complete and another two are under construction. A typical building here has about 118 homes; the tallest, Marina Views 2, has 22 floors. Every building was built by one developer, Mina Rashid Properties .
Over the last 12 months 105 apartments changed hands in Al Mina at a median of AED 2,198 per sqft, down 16.9% on the year before. The typical sale was AED 2.4M for a 1,162 sqft apartment. Two-beds are the largest share of the apartments at 43%, followed by one-beds at 42%; three-beds are 15% and four-beds and larger make up 1%. Rents run at AED 95 per sqft a year, a gross yield of 4.3% at today's prices, below the Dubai-wide 6.0%.
119 rental contracts were registered in the same 12 months, 0% of them renewals, and a typical apartment rents for AED 100,000 a year.
- Buildings
- 22
- Under construction
- 2
- Homes
- about 2,793
- First completions
- 2025
In this guide
Al Mina, DubaiOpen the map →
Average prices in Al Mina
In Al Mina, typical sale prices over the last 12 months were around AED 1.8M for one-beds, AED 2.5M for two-beds and AED 3.7M for three-beds. Per square foot the types are close together, from AED 2,086 to AED 2,232. Sales ranged from AED 1.1M to AED 9M, and 46 of the 105 were two-beds, the most traded type.
Off-plan sales were 71% of the last 12 months (75 of 105), down from 97% the year before. Off-plan and completed homes sold at much the same rate, AED 2,198 and AED 2,186 per sqft.
| Type | Typical price | Per sqft | 12-mo change | Sales (12 mo) |
|---|---|---|---|---|
| 1-bed | AED 1,752,944 | AED 2,232 | Down 15.1% | 38 |
| 2-bed | AED 2,500,000 | AED 2,086 | Down 21.8% | 46 |
| 3-bed | AED 3,689,500 | AED 2,216 | Down 31.3% | 18 |
| 4-bed+ | AED 9,000,000 | AED 2,796 | Few sales | 1 |
- Off-plan share
- 71% · 73 of 103
- Off-plan /sqft
- AED 2,198
- Completed /sqft
- AED 2,186
Medians of the last 12 months of DLD sales, per type. A change needs ten records in each year.
What is in Al Mina
About 42% of Al Mina's apartments are studios and one-beds; even so the typical sale here, 1,162 sqft, is larger than the Dubai median of about 826 sqft. There are no villas or townhouses. The two buildings under construction add about 231 homes, 8% of today's stock, with handovers in 2028.
| Type | Homes | Share | Typical size |
|---|---|---|---|
| 1-bed | 1,167 | 42% | 780–807 sqft |
| 2-bed | 1,193 | 43% | 1,187–1,292 sqft |
| 3-bed | 416 | 15% | 1,672–1,750 sqft |
| 4-bed+ | 17 | 1% | 2,925–2,977 sqft |
- 2028
- 2 buildings231 homes
- Tallest, 22 floors
- Marina Views 2
- Typical building
- 118 homes
- Built in the last 5 years
- 4 buildings
Counted from DLD unit records of 22 completed buildings.
Prices and rents in Al Mina since 2019
- 1 year
- Down 16.8%
- Since 2023
- Up 14.5%
- Since 2026
- Up 0.6%
Al Mina's first registered sales, in 2022, were at about AED 1,820 per sqft. They peaked at about AED 2,430 in 2025 and stand at AED 2,198 today, 7% below the peak. The steepest recent climb was in 2024, when the annual median rose 17%. Year on year the annual median has gone up 17% in 2024, up 8% in 2025 and down 7% so far in 2026. The busiest month of the last year was March 2026, with 17 sales registered. On the monthly median of every registered sale, prices are down 16.9% over the last 12 months and up 14.5% on the 2023 level.
What comes next is mostly supply. The two buildings under construction add about 231 homes, 8% of today's stock, with handovers in 2028; on the last 12 months' 105 sales that is about 2.2 years of demand. New homes let before they resell, so a wave of handovers tends to show in the rent line first. The figures on this page refresh monthly, so the charts above will show it as it happens.
The line is the monthly median of every sale and rental contract, smoothed over three months; a month with fewer than ten records sits between its neighbours, and the latest such months are read together. The changes compare 12-month medians: the last 12 months against the 12 before. Source: Dubai Land Department.
Price history in Al Mina
Every registered sale in Al Mina in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Al Mina
- 2-bed · 1,521 sqftOff-planClearpoint 3 04 Nov 2026AED 2,352,8881,547 /sqft
- 2-bed · 1,308 sqftOff-planOcean Cove 2 04 Nov 2026AED 2,800,0002,140 /sqft
- 1-bed · 768 sqftCompletedSunridge 29 Oct 2026AED 1,700,0002,211 /sqft
- 2-bed · 1,092 sqftCompletedSeagate 3 at Rashid Yachts & Marina 28 Oct 2026AED 2,150,0001,969 /sqft
- 1-bed · 750 sqftOff-planMarina Views 3 22 Oct 2026AED 1,711,8882,282 /sqft
- 2-bed · 1,400 sqftOff-planClearpoint 1 21 Oct 2026AED 2,397,8881,712 /sqft
- 1-bed · 804 sqftOff-planOcean Cove 1 19 Oct 2026AED 1,848,8882,297 /sqft
- 2-bed · 1,161 sqftCompletedSeagate 1 at Rashid Yachts & Marina 16 Oct 2026AED 2,350,0002,023 /sqft
- 1-bed · 742 sqftOff-planMarina Views 3 16 Oct 2026AED 1,661,8882,239 /sqft
- 2-bed · 1,367 sqftOff-planClearpoint 2 14 Oct 2026AED 2,318,8881,696 /sqft
Over the last 12 months Al Mina recorded 103 sales; typical homes sold for around AED 2.38M (about AED 2,198 per sqft); with a median size of 1,162 sqft; most were 2-beds; from roughly AED 1.1M to AED 9M.
Buildings in Al Mina
22 completed · 2 under construction| Ocean Point 1Building | 89 | AED 2,176 | 14 | ||||
| Seagate 1 at Rashid Yachts & MarinaBuilding | 2025 | 110 | AED 2,227 | Up 3.7% | AED 95 | 4.3% | 12 |
| Seagate 2 at Rashid Yachts & MarinaBuilding | 2025 | 40 | AED 3,254 | AED 107 | 3.3% | 9 | |
| Clearpoint 1Building | 162 | AED 1,923 | 8 | ||||
| Clearpoint 3Building | 162 | AED 1,821 | 7 | ||||
| Clearpoint 2Building | 153 | AED 1,705 | 6 | ||||
| Marina Views 3Building | 173 | AED 2,275 | 6 | ||||
| Seagate 3 at Rashid Yachts & MarinaBuilding | 2025 | 110 | AED 1,978 | AED 94 | 4.8% | 6 | |
| Marina Place 2Building | 179 | AED 2,974 | 4 | ||||
| Marina Views 1Building | 179 | AED 2,311 | 4 |
The eight busiest buildings account for 69 of Al Mina's 105 sales in the last 12 months: Ocean Point 1, Seagate 1 at Rashid Yachts & Marina, Seagate 2 at Rashid Yachts & Marina, Clearpoint 1 and Clearpoint 2 and three more. Gross yields run from 3.3% to 4.7% across the buildings with enough sales and lets to measure. The newest are Seagate 1 at Rashid Yachts & Marina (2025) and Seagate 2 at Rashid Yachts & Marina (2025); the oldest, Seagate 1 at Rashid Yachts & Marina, handed over in 2025. Every building links to its own page with each unit's sales and rents.
Every building in Al Mina, A to Z
- Clearpoint 1 AED 1,923
- Clearpoint 2 AED 1,705
- Clearpoint 3 AED 1,821
- Marina Place 1 AED 2,737
- Marina Place 2 AED 2,974
- Marina Views 1 AED 2,311
- Marina Views 2 AED 2,464
- Marina Views 3 AED 2,275
- Ocean Cove 1 AED 2,266
- Ocean Cove 2 AED 2,184
- Ocean Point 1 AED 2,176
- Ocean Point 2 AED 1,981
- Ocean Star Building 1 AED 2,146
- Ocean Star Building 2 AED 2,256
- Ocean Views Building 1
- Ocean Views Building 2
- Pier Point 1 AED 2,275
- Pier Point 2
- Porto View AED 3,234
- Seagate 1 at Rashid Yachts & Marina AED 2,227
- Seagate 2 at Rashid Yachts & Marina AED 3,254
- Seagate 3 at Rashid Yachts & Marina AED 1,978
- Seagate 4 at Rashid Yachts & Marina
- Sunridge AED 1,699
Rents and yields in Al Mina
Last 12 months| 1-bed | AED 70,000 | AED 96 | AED 1.75M | 4.3% | 43 |
| 2-bed | AED 110,000 | AED 92 | AED 2.5M | 4.4% | 68 |
| 3-bed | AED 170,000 | AED 109 | AED 3.69M | 4.9% | 10 |
| 4-bed+ | AED 92,000 | AED 30 | AED 9M | 1.1% | 1 |
- Renewals
- 0% of 122
119 rental contracts were registered in Al Mina in the last 12 months, 0% of them renewals. Gross yields run from 4.9% on three-beds to 4.3% on one-beds.
Ejari registrations via Dubai Land Department; yields use the same 12 months of sales.
Who builds in Al Mina
1 developer- Mina Rashid Properties 10 buildingsAED 1,978 /sqft
Mina Rashid Properties built every one of Al Mina's 22 completed buildings, so the area has one look, one management company and one service charge regime.
Buying or renting in Al Mina
Buying
Expect a 20% deposit as a UAE resident or 25% as a non-resident on a home under AED 5M, plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. On a typical one-bed at AED 1.8M, that is AED 351,000 down and AED 70,000 in transfer fee. Before offering, check the service charge per sqft on the building page, the registered size against the marketed one, and whether the unit has sold before and at what price.
Renting
A typical one-bed rents for AED 74,000 a year and a two-bed AED 110,000. Increases on renewal are capped by the RERA rental index. Landlords in Dubai usually take one to four cheques and a 5% security deposit, and every contract is registered on Ejari, which is where the figures on this page come from.
Living in Al Mina
Most of Al Mina's buildings are mid-sized, with a typical 118 homes each; four of the 22 were completed in the last five years.
Nearby areas compared
All Dubai areas →| Area | Sale /sqft | 12-mo change | Typical rent | Yield | Buildings |
|---|---|---|---|---|---|
| Al Mina | AED 2,198 | Down 16.8% | AED 100K | 4.3% | 22 |
| Dubai Maritime City | AED 2,479 | Down 7.8% | AED 103K | 3.8% | 26 |
| Jumeirah Garden City | AED 2,139 | AED 100K | 5.5% | 1 | |
| Jumeirah First | AED 3,561 | Up 7.0% | AED 293K | 5.3% | 3 |
| Al Kifaf | AED 2,179 | Up 1.8% | AED 138K | 4.8% | 10 |
| La Mer | AED 2,909 | Level | AED 165K | 5.2% | 22 |
| Al Satwa | AED 2,072 | Up 6.2% | AED 85K | 7.1% | 17 |
Al Mina is about 11% cheaper per square foot than Dubai Maritime City, its nearest neighbour, at AED 2,198 against AED 2,462. Jumeirah First is the most expensive of the areas around it at AED 3,561 per sqft, 62% more. Its closest comparables on price are Jumeirah Garden City and Al Kifaf.
Al Mina in numbers
- Across 105 DLD sales in the 12 months to 9 November 2026, the median price in Al Mina was AED 2,198 per sqft and the typical apartment sold for about AED 2.4M.
- Prices are down 16.9% on the year and 14.5% since 2023.
- 22 completed buildings and 2 under construction from 1 developer; about 2,793 homes, 42% of the apartments studios and one-beds.
- Gross yields of 4.3% on one-beds, 4.4% on two-beds and 4.9% on three-beds.
Source: Dubai Land Department. Updated 12 November 2026.
Questions about Al Mina
How much does an apartment in Al Mina cost?
Over the 12 months to 9 November 2026 the median was AED 2,198 per sqft, and one-beds sold for around AED 1.8M, two-beds sold for around AED 2.5M and three-beds sold for around AED 3.7M.
Have prices in Al Mina gone up?
No: down 16.9% in the 12 months to 9 November 2026, on the monthly median of every registered sale. Over the whole record they are 14.5% above the 2023 level.
What is the rental yield in Al Mina?
About 4.3% gross across all types at today's prices: 4.3% on one-beds, 4.4% on two-beds and 4.9% on three-beds, before service charges.
Which are the most traded buildings in Al Mina?
Ocean Point 1 (14 sales), Seagate 1 at Rashid Yachts & Marina (12 sales), Seagate 2 at Rashid Yachts & Marina (9 sales), Clearpoint 1 (8 sales) and Clearpoint 2 (7 sales) in the last 12 months.
How many buildings are there in Al Mina?
22 completed apartment buildings and two under construction, with about 2,793 homes between them. Every one has its own page here.
What does it cost to rent in Al Mina?
The median contract in the 12 months to 9 November 2026 was AED 100,000 a year: AED 74,000 for one-beds, AED 110,000 for two-beds and AED 170,000 for three-beds, across 119 Ejari registrations.
For sale with OpenOffers in Al Mina
No Al Mina property is on the board today. Follow Al Mina to hear the day one is listed, or see what is for sale across Dubai with every offer public.