Avonlea, Mina Rashid: Emaar's Waterfront Apartments from AED 1.7M
Avonlea is a residential apartment project by Emaar Properties in Mina Rashid, a waterfront development zone along the creek coastline between Deira and Bur Dubai. Construction started in April 2024, with handover scheduled for December 2027.
A Waterfront District Finding Its Footing
Mina Rashid sits between Deira and Bur Dubai, anchored around Port Rashid and the Dubai Cruise Terminal. The district is still developing. What it offers is proximity to the creek, a lower entry price than Dubai Marina or Downtown, and a clear infrastructure trajectory. Dubai International Airport is roughly 15 to 20 minutes by road. Sheikh Zayed Road and the creek crossings keep central Dubai within easy reach. Old Dubai, including Al Fahidi, the Gold Souk, and Dubai Museum, is minutes away, which gives residents access to a part of the city that newer suburban developments simply cannot replicate. For investors, Mina Rashid is a location where pricing still reflects its developing status, and Emaar's involvement signals long-term institutional confidence in the district.
What AED 1.7M to AED 3.6M Covers Here
The price range runs from AED 1,698,020 to AED 3,640,226, a spread that maps onto three bedroom tiers.
One-bedroom apartments start at AED 1,698,020, with sizes from 814 to 964 sq ft. This is the entry tier and will appeal to investors targeting rental yield and buyers who want a waterfront-adjacent foothold at a price point below Dubai Marina or Jumeirah Beach Residence.
Two-bedroom units start at AED 2,579,743, ranging from 1,219 to 1,560 sq ft across multiple layout types. This is the broadest tier by variation. Young families, professional couples, and owner-occupiers wanting more room all fit here.
Three-bedroom apartments carry a starting price of AED 3,640,226, with areas from 1,663 to 1,925 sq ft. At this size, the buyer is typically an end-user who prioritises space and full amenity access over optimising for price-per-foot.
What Comes With the Unit
| Category | Amenities |
|---|---|
| Wellness | Gymnasium, Shared Pool |
| Outdoor | Beach Access, Landscaped Gardens, Barbecue Area |
| Family | Children's Play Area, Children Nursery |
| Convenience | Valet Parking, Restaurants |
Beach Access is the standout item. Most apartments at this price level do not include it, and it changes the daily experience for a resident meaningfully. The on-site nursery and children's play area make clear who the target resident is: a family planning to live here, not an investor who will sub-let. Valet Parking is uncommon at mid-market pricing and adds a service element you would more typically encounter in higher-priced developments. The overall amenity set reads as practical family infrastructure rather than a checklist of generic offerings.
Getting In for 10%
| Payment Stage | Percentage |
|---|---|
| Down Payment | 10% |
| During Construction | 80% |
| Handover | 10% |
A 10% down payment keeps the entry commitment manageable. For a one-bedroom, that is roughly AED 169,802 to reserve; for a three-bedroom, around AED 364,023. The remaining 80% is paid during construction across milestone instalments through late 2027, with the final 10% due at handover. There is no post-handover payment plan, so the full purchase price is settled by the time keys are handed over.
Timeline: Completion in December 2027
Construction at Avonlea started in April 2024 and is scheduled to complete in December 2027. The project opened for bookings in October 2023 and moved into active construction six months later. Off-plan buyers entering now are looking at approximately 18 months of remaining construction-phase payment milestones. The handover date is clearly defined, which reduces the uncertainty typical of earlier-stage off-plan purchases.