Pier Point By Emaar, Mina Rashid
Emaar Properties launched Pier Point at Mina Rashid with construction beginning in early 2025. The project occupies Pier Point 1, a waterfront sub-district of Mina Rashid on Dubai's inner coastline. Apartments and townhouses sit within the same development, which is an uncommon configuration for a single seafront project. A family looking for a townhouse and a buyer looking for a flat can both find what they need here, sharing the same waterfront setting and amenity set.
Mina Rashid: Old Port, Close-In Waterfront
Mina Rashid sits on Dubai's inner coastline between Deira and Bur Dubai, adjacent to Port Rashid. It is one of Dubai's older waterfront areas, and it has been developing steadily as a residential destination. From this address, Deira's Gold Souk, the Spice Souk, and the creek-side dining and retail corridors are roughly 10 to 15 minutes by car. Dubai International Airport is about 15 minutes away in the same direction. Business Bay and Downtown Dubai are around 20 minutes, and DIFC is similar.
For buyers whose daily life connects to the older commercial districts of the city, Deira, Bur Dubai, and the creek zone, the location is well-placed. The Al Garhoud and Al Maktoum bridges provide road access to Sheikh Zayed Road from here. For buyers who commute regularly to Dubai Marina, JBR, or Abu Dhabi, the distances are longer.
AED 3.19 Million: Apartments and Townhouses
The listed price is AED 3,193,888. The project spans both apartments and townhouses.
These are different products with different use cases. A townhouse gives multiple floors, clear separation between living and sleeping areas, and private outdoor space within a waterfront setting. An apartment gives a single-floor layout and is generally a simpler format to own and maintain. At AED 3.19 million, both types occupy the upper-mid segment of Dubai's off-plan residential market.
What the Building Offers
| Category | Amenities |
|---|---|
| Fitness | Indoor Swimming Pool, Gymnasium |
| Dining & Social | Restaurants, Barbecue Area |
| Family | Children's Play Area |
| Unit | Balcony |
The gym and indoor pool address standard fitness needs. Restaurants within the development point to a self-contained living concept: residents can handle daily dining without leaving the building. The barbecue area and children's play area strengthen a family-focused brief. The balcony adds practical outdoor space, particularly on a waterfront site.
Together, the gym, pool, restaurants, outdoor cooking area, and play space give the development a self-contained character. The amenity set points clearly at owner-occupiers and resident families, not short-stay investors.
Getting In for 10%
| Stage | Percentage |
|---|---|
| Down Payment | 10% |
| During Construction | 70% |
| Handover | 20% |
The 10% down payment on a AED 3,193,888 purchase comes to approximately AED 319,000. On a project at this price, that is a low initial commitment. The 70% during construction is paid in instalments across the build period, which runs to October 2028. The 20% balance falls at handover. There are no post-handover instalments. The full price is settled at completion.
October 2028 Handover
Construction started in February 2025. The scheduled completion is October 2028, a build period of approximately three and a half years. Buyers entering now in late 2026 have roughly two years remaining before handover. The construction-phase instalments continue across that window, with the final 20% due on completion.