Emaar/DP World - Rashid Yachts & Marina

General Information
Owner DP World
Masterplan Project (Parent Profile)
Location Dubai, Emirate of Dubai, UAE
Status --
Sector Construction, Mixed-Use, Mixed-Use
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 31
Estimated Budget Value ---
Contract Value 0
Net Value $6126m
Award Date September 2022
Completion Date October 2027
Last Updated On January 2024
ProjectId (Old, New) 46689, 296671


Emaar Properties, in a joint venture with P&O Marinas, a division of Dubai ports operator DP World is undertaking the redevelopment of Rashid Yachts & Marina in Dubai, the UAE.

The project was earlier known as Mina Rashid Development.

The US$6,800 million project includes the following:

1. Construction of the Dubai Mall by the Sea

a. Construction of retail units

b. Construction of dining area

c. Construction of a floating yacht club

d. 12,600m2 Sandy beach

e. Construction of a swimming pool

2. Construction of Sirdhana

a. Construction of waterfront apartments

b. Construction of townhouses

c. Construction of a recreation room

d. Construction of community podium with a gym

e. Construction of children's play area

f. Construction of recreational courts

g. Construction of 500m long canal pool

3. Construction of a museum

a. Construction of galleries

4. Construction of Boutique hotel

5. Marine works

6. Construction of 430 wet berths

7. Construction of vibrant promenades and a Venetian piazza with retail and food and beverage outlets

8. Construction of QE2 ocean liner

9. Construction of signature hotels

10. Construction of a private beach club

11. Construction of interconnected parks

12. Construction of a 500m long palm tree-fringed canal

13. Construction of a theater

14. Construction of a pedestrian bridge connecting the House of Sheikh Saeed Al Maktoum

15. Construction of associated facilities

Second Section

22 January 2024

External cladding works on Rashid Yachts & Marina: Seagate (Plot No. A1.01.11) are progressing on the project.

18 October 2023

Structural works have progressed up to the sixth floor of the Seagate (Plot No. A1.01.11) project. Excavation, shoring, and piling works on the Seascape (Plot no.: B7.01.07) project are progressing at different stages.

12 September 2023

Design & Architecture Bureau (DAR) is working as the design consultant on the Rashid Yachts & Marina: Clearpoint project.

19 July 2023

Rashid Yachts & Marina: Seagate - Construction works are ongoing on the project.

20 March 2023

United Masters Electromechanical has been appointed as the MEP contractor for the Seagate project and piling works are ongoing on the project.

19 December 2022

Construction works commenced on Rashid Yachts & Marina: Seagate project

17 October 2022

The main contract has been awarded to Engineering Contracting Company for Rashid Yachts & Marina: Seagate project.

24 August 2022

The Mina Rashid Redevelopment: Seashore project is put on hold due to unknown reasons.

27 June 2022

The main contract is yet to be awarded for Mina Rashid Redevelopment: Seashore project.

13 April 2022

The main contract bids are under evaluation for Mina Rashid Redevelopment: Seashore project.

27 March 2022

Post-tender clarification and value engineering options were submitted last week of February 2022 for Mina Rashid Redevelopment: Seashore project.

31 January 2022

Al Sahel Contracting Company, Al-Basti and Muktha, and Engineering Construction Company amongst others have submitted the main contract bids for Mina Rashid Redevelopment: Seashore.

24 January 2022

The main contract bids submission date for Mina Rashid Redevelopment: Seashore has been further extended till January 31, 2022.

14 January 2022

The main contract tender has been issued for Mina Rashid Redevelopment: Seashore and the bid submission deadline is due on January 17, 2022.

09 November 2021

The detailed design works are still ongoing and the main contract tender is expected to be issued in the first quarter of 2022 on Mina Rashid Redevelopment: Seashore.

20 September 2021

The detailed design works are still progressing on Mina Rashid Redevelopment: The Dubai Mall by the Sea.

04 August 2021

Design works are still progressing on Mina Rashid Redevelopment: Museum and Botique Hotel.

15 July 2021

The detailed design works are still ongoing on Mina Rashid Redevelopment: Seashore.

02 May 2021

The Marine Works project has put on hold.

07 April 2021

The detailed design works are ongoing on Sirdhana and Seashore projects.

06 January 2021

The detailed design works are ongoing on The Dubai Mall by the Sea.

09 November 2020

The detailed design works are ongoing on The Dubai Mall by the Sea and Seashore projects.

09 September 2020

The detailed design works are ongoing on The Dubai Mall by the Sea and Seashore projects.

07 July 2020

The detailed design works are ongoing on The Dubai Mall by the Sea project.

18 May 2020

The detailed design works are ongoing on The Dubai Mall by the Sea project.

30 March 2020

The detailed design works are ongoing on Sirdhana and Seashore projects.

20 November 2019

Whitespace Architects is no more associated with the project and Ragaie Architects is working as the architect on the project.

21 May 2019

Whitespace Architects is the consultant and architect appointed on the project.

01 March 2019

Emaar Properties (Emaar), in joint venture with P&O Marinas, a division of Dubai ports operator DP World announced plans to redevelop Mina Rashid area in Dubai.