Ocean Star

Ocean Star: Emaar's Riviera Masterpiece at Mina Rashid

TL;DR — At a Glance

| Feature | Details | |---|---| | Developer | Emaar Properties | | Location | Mina Rashid (Rashid Yachts & Marina), Dubai | | Status | Ready (Q3 2025) | | Property Types | Studio, 1BR, 2BR, 3BR Apartments + 4BR Villas + Retail | | Price Range | AED 3,000,000 – AED 6,000,000 | | Title | Freehold | | Payment Plan | 10% / 80% / 10% | | Launch Date | Q1 2024 | | Lifestyle | Luxury Waterfront / Riviera | | Best For | Waterfront lifestyle seekers, luxury investors, families |

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1. Introduction: A New Riviera on Dubai's Original Waterfront

Ocean Star is a landmark residential development by Emaar Properties — the UAE's most celebrated master developer — set within the extraordinary Mina Rashid (Rashid Yachts & Marina) master community. This project represents Emaar's vision for Dubai's next great waterfront lifestyle destination: a place where the romance and elegance of the world's great coastal Rivieras — the French Riviera, the Amalfi Coast, the Adriatic — find a distinctly Arabian expression along the shores of historic Dubai Creek.

Completed in Q3 2025, Ocean Star offers a curated collection of Studio through 3-bedroom apartments and exclusive 4-bedroom villas, all within metres of one of the world's great superyacht marinas. The starting price of AED 3 million reflects both the premium of a newly completed, move-in-ready Emaar development and the extraordinary lifestyle dividend of waterfront living in a master-planned community that is only at the beginning of its development trajectory.

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2. Mina Rashid: Dubai's Next Great Destination

To understand Ocean Star's value proposition, it is essential to understand Mina Rashid — because this community is the investment thesis underpinning the project.

Mina Rashid is the redevelopment of Dubai's original Port Rashid, a historic maritime facility that served as Dubai's commercial gateway to the world for decades. Under the direction of P&O Marinas and Dubai World, the site is being transformed into Rashid Yachts & Marina — a premium, purpose-built marina and waterfront lifestyle destination designed to become one of the world's great superyacht and mega-yacht harbours.

Rashid Yachts & Marina Master Plan Highlights

| Feature | Scale | |---|---| | Marina berths | 430+ berths for yachts up to 200m | | Superyacht dry dock facilities | World-class refit and maintenance | | QE2 floating hotel | Historic ocean liner — permanent attraction | | Marina promenade | Kilometres of waterfront walkway | | Planned hotels | Multiple 5-star branded hotel properties | | Residential community | Multiple Emaar residential phases | | Retail and F&B | Waterfront dining and boutique retail |

The presence of the iconic QE2 — the legendary Cunard ocean liner that is now permanently moored as a floating hotel, museum, and events venue — adds a layer of historic and cultural significance to Mina Rashid that no other Dubai waterfront address can replicate.

Ocean Star, as a completed Phase 1 asset within this evolving masterplan, benefits from all the infrastructure investment already delivered while also capturing the appreciation potential of the phases yet to come. Early buyers in master communities consistently see the greatest capital gains.

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3. Location & Connectivity: Bridging Old Dubai and New

Mina Rashid occupies a uniquely advantageous geographic position: it bridges the historic districts of Bur Dubai and Deira — Old Dubai's commercial and cultural heart — with the modern infrastructure connecting to Downtown, DIFC, and New Dubai. This gives Ocean Star residents fast, uncongested access to both the city's heritage districts and its global business centres.

Distance & Travel Times from Ocean Star

| Destination | Travel Mode | Approx. Time | |---|---|---| | Dubai Creek Heritage Area | Driving | 5 minutes | | Bur Dubai / Deira Souks | Driving | 10 minutes | | Dubai International Airport (DXB) | Driving | 15 minutes | | Dubai Festival City Mall | Driving | 15 minutes | | Downtown Dubai & Burj Khalifa | Driving | 20 minutes | | DIFC | Driving | 20 minutes | | Dubai Mall | Driving | 20 minutes | | Dubai Marina | Driving | 30 minutes |

Airport Proximity: A 15-minute drive to Dubai International Airport (DXB) — one of the world's busiest airports — makes Ocean Star ideal for frequent travellers and international business professionals who value minimising transit time to aviation infrastructure.

Historic Dubai Access: The immediate adjacency to Bur Dubai and Deira gives Ocean Star residents effortless access to the city's most authentic cultural districts — the Gold Souk, Spice Souk, Dubai Museum, Al Seef heritage waterfront, and the abra ferry crossing across Dubai Creek. This cultural richness is a genuine differentiator from the more homogeneous new developments of Southern Dubai.

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4. Architecture & Design: Coastal Elegance

Ocean Star's architecture draws inspiration from the great coastal resort towns of the Mediterranean, translated through Emaar's signature approach to delivering luxury at scale without compromising on detail or quality.

The building's design favours horizontal lines, expansive balconies, and generous glazing — all oriented to maximise exposure to the marina, the water, and the sky. The colour palette runs to warm whites and sandy neutrals with nautical blue accents, reinforcing the coastal character of the development.

Unit Configuration & Design

| Unit Type | Key Design Features | |---|---| | Studio | Open-plan layout, premium kitchen, marina or community views, private balcony | | 1 Bedroom | Separate sleeping/living zones, full kitchen, en-suite bath, balcony | | 2 Bedroom | Master suite + guest room, large living area, semi-open kitchen, generous balcony | | 3 Bedroom | Family-scale layout, multiple bathrooms, full kitchen, expansive terrace | | 4 Bedroom Villa | Podium-level or standalone villa configuration, private garden/terrace, premium finishes |

Interior Specification (Emaar Standard):

• Premium porcelain or marble tile flooring throughout living areas
• Fitted kitchen with high-quality European appliances (oven, hob, dishwasher, refrigerator)
• Contemporary bathrooms with wall-hung sanitaryware and frameless shower enclosures
• Smart home-ready electrical infrastructure with USB charging points and smart switch capability
• Central A/C throughout all units
• Private balconies with glass balustrades maximising views

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5. Amenities & Lifestyle: The Waterfront Resort Experience

Ocean Star provides residents with a comprehensive resort-standard amenity suite, fully integrated with the broader Mina Rashid master community.

Amenities Overview

| Category | Facilities | |---|---| | Aquatic Leisure | Swimming pool with resort-style sun deck | | Health & Fitness | State-of-the-art gymnasium with modern equipment | | Family | Dedicated children's play area | | Security | 24/7 professional security team, CCTV | | Parking | Secure covered parking | | Building Services | Concierge, high-speed elevators, central A/C | | Retail | Ground-floor retail outlets |

The Mina Rashid Lifestyle Extension:

Beyond the building's own amenities, residents enjoy direct access to the extraordinary Mina Rashid marina promenade — kilometres of waterfront walkway lined with superyachts, waterfront restaurants, and cafes. This is a lifestyle environment of genuine distinctiveness: the combination of a working superyacht marina, the historic QE2, and Emaar's residential and retail programming creates an atmosphere unlike anywhere else in Dubai.

The QE2 — A Living Icon at Your Doorstep

The QE2 ocean liner, permanently moored at Mina Rashid, functions as a floating hotel, entertainment venue, and cultural landmark. For Ocean Star residents, it provides:

• Access to multiple on-board restaurants and bars
• Regular cultural events, exhibitions, and private functions
• One of the most unique dining and entertainment experiences in the Middle East
• A constant reminder of the extraordinary maritime heritage that underpins Mina Rashid's identity

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6. Investment Analysis: The Early Mover Advantage

Ocean Star presents a compelling investment case built on three pillars: Emaar brand quality, completed delivery, and master community appreciation potential.

Rental Market Projections for Mina Rashid

| Unit Type | Projected Annual Rent (AED) | Estimated Gross Yield | |---|---|---| | Studio | 100,000 – 130,000 | 3.5-4.5% | | 1 Bedroom | 140,000 – 180,000 | 3.5-4.5% | | 2 Bedroom | 200,000 – 270,000 | 4.0-5.0% | | 3 Bedroom | 290,000 – 380,000 | 4.5-5.5% | | 4BR Villa | 400,000 – 550,000 | 5.0-6.5% |

Capital Appreciation Drivers

1. Master Community Uplift: As subsequent phases of Rashid Yachts & Marina are completed (additional hotels, retail, residential), property values in Phase 1 (Ocean Star) benefit from the progressive increase in community amenities and prestige without bearing the associated construction risk.

2. Scarcity Value: Waterfront properties with direct marina access in Dubai are finite and irreplaceable. As the city grows and demand for waterfront living intensifies, the supply of new waterfront sites diminishes. Mina Rashid is one of the last large-scale waterfront redevelopment opportunities in the city.

3. Zero Construction Risk: Ocean Star is complete. Buyers acquire a delivered, move-in-ready asset — eliminating all execution risk and enabling immediate rental income.

4. Emaar Resale Liquidity: Emaar-branded properties are the most liquid real estate assets in Dubai. The brand's global recognition and institutional-quality buyer base ensures that Ocean Star units can be resold to a deep pool of domestic and international buyers at any point in the market cycle.

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7. Developer Profile: Emaar Properties

Emaar Properties is the UAE's largest publicly listed real estate developer and one of the world's most recognised real estate brands. With a delivered portfolio of 200,000+ residential units, the Burj Khalifa, The Dubai Mall, Dubai Marina, Dubai Hills Estate, and Emaar Beachfront, the company has an unrivalled track record of creating communities that become defining landmarks of their respective cities.

Emaar's approach to Ocean Star at Mina Rashid follows the same formula applied to its other master-planned waterfront communities: deliver exceptional build quality, create aspirational lifestyle infrastructure, and commit to the long-term management and enhancement of the master community to protect and grow asset values over time.

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8. Conclusion: Your Waterfront Life Begins Now

Ocean Star is an invitation to join one of Dubai's most exciting new chapters: the transformation of the historic Mina Rashid into a world-class Riviera destination. With the building complete, the marina operational, the QE2 in permanent residence, and Emaar's master plan unfolding, Ocean Star residents are positioned to enjoy an extraordinary waterfront lifestyle today while benefiting from the appreciation that tomorrow's community completion will deliver.

From studios at AED 3 million to 4-bedroom villas at AED 6 million, Ocean Star offers an accessible entry into Emaar's waterfront portfolio with the full confidence of a completed, move-in-ready project. Contact our luxury team today to arrange a viewing and secure your unit.