Project
Pier Point 1
Pier Point 1 is a multi-building complex planned for Rashid Yachts & Marina, Port Rashid, Bur Dubai, Dubai. An off-plan project of apartments in Maritime City, priced below the Maritime City median.
01 / Transactions
Latest Pier Point 1 transactions
| Property | PricePer sq ft | Specs | Recorded | Open |
|---|---|---|---|---|
| AED 2,923,888AED 2,276 per sq ft | 2 beds1,285 sq ft | 1 May 2026Sale | ||
| AED 3,084,886AED 2,280 per sq ft | 2 beds1,353 sq ft | 8 Apr 2026Gift | ||
| AED 2,942,888Price per sq ft n/a | 2 bedsSize not recorded | 27 Feb 2025Sale | ||
| AED 3,052,888Price per sq ft n/a | 2 bedsSize not recorded | 19 Feb 2025Sale | ||
| AED 1,945,888Price per sq ft n/a | 1 bedSize not recorded | 14 Jan 2025Sale |
118 more records
Guests see the latest 5 transactions of each project and community. Create an account to see all 123.
02 / About
About Pier Point 1
Pier Point 1 is a multi-building complex planned for Rashid Yachts & Marina, Port Rashid, Bur Dubai, Dubai.
Pier Point 1 at a glance
- Area
- Rashid Yachts & Marina
- Developer
- Emaar Properties through its subsidiary Mina Rashid Properties
- Units
- The development will contain an estimated 122 units
- Launch price
- At the time of the sales launch, units were priced from AED 1.93m
Homes, design and facilities
Payment plan: The project was launched with an installment plan allowing investors to pay 10% as a deposit on booking, 70% during the construction phase, and 20% upon handover of the property. Down payment 10% Construction 70% Handover 20%.
Apartment sizes range from 774 to 1,907 square feet, while townhouse sizes range from 2,643 to 2,667 square feet.
At the sales launch, starting prices for apartments were AED 2 million for 1-bedroom, AED 3 million for 2-bedroom, and AED 4 million for 3-bedroom units.
The starting price for a 3-bedroom townhouse was AED 9 million.
- Amenities will include a barbecue area
- community parks
- dining options
- a gymnasium
- outdoor fitness facilities
- an outdoor games area
- retail and leisure elements
- sports facilities
- swimming pools
- and a tennis court
Construction and handover
The estimated handover date is October 2028.
- Estimated Start
- February 2025
- Estimated Completion
- October 2028
Nearby neighbourhoods
- Bur Dubai2.8 km
- Al Kifaf3.9 km
- La Mer5.0 km
- Dubai International Financial Centre5.9 km
Pier Point 1 recorded 122 market sales from 11 Oct 2024 – 1 May 2026, at a median price of AED 2,897,888 (AED 2,276/sqft). Pier Point 1's median price per sqft (AED 2,276/sqft) is 23% below the Maritime City median (AED 2,957/sqft).
03 / Payment plan
Pier Point 1 payment plan
How the price was split between booking, construction and handover at launch.
- Down payment
- 10%
- Paid on booking
- During construction
- 70%
- Paid in instalments while it is built
- Handover
- 20%
- Paid when the keys are handed over
The launch plan as published by Propsearch. Terms can differ by unit, offer and date.
04 / Prices
Pier Point 1 prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 58 | 2.16M AED | — | |
2 bedrooms | 50 | 3.06M AED | 2,276 | |
3 bedrooms | 14 | 5.51M AED | — |
Market pulse / weekly
Pier Point 1 price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 7 Oct 2024Total AED 11,650,440 | 5 | AED 2,233,888 | — |
| Week of 14 Oct 2024Total AED 59,431,984 | 18 | AED 2,919,388 | — |
| Week of 21 Oct 2024Total AED 82,870,734 | 29 | AED 2,503,888 | — |
| Week of 28 Oct 2024Total AED 66,775,592 | 18 | AED 2,989,888 | — |
| Week of 4 Nov 2024Total AED 22,235,104 | 8 | AED 2,685,888 | — |
| Week of 11 Nov 2024Total AED 27,795,992 | 9 | AED 2,926,888 | — |
| Week of 18 Nov 2024Total AED 23,003,216 | 7 | AED 2,498,888 | — |
| Week of 25 Nov 2024Total AED 36,348,104 | 8 | AED 4,160,388 | — |
| Week of 9 Dec 2024Total AED 8,209,552 | 4 | AED 2,054,888 | — |
| Week of 16 Dec 2024Total AED 22,062,828 | 8 | AED 2,861,269 | — |
| Week of 23 Dec 2024Total AED 4,080,610 | 1 | AED 4,080,610 | — |
| Week of 6 Jan 2025Total AED 4,604,888 | 2 | AED 2,302,444 | — |
| Week of 13 Jan 2025Total AED 10,696,776 | 2 | AED 5,348,388 | — |
| Week of 17 Feb 2025Total AED 3,052,888 | 1 | AED 3,052,888 | — |
| Week of 24 Feb 2025Total AED 2,942,888 | 1 | AED 2,942,888 | — |
| Week of 27 Apr 2026Total AED 2,923,888 | 1 | AED 2,923,888 | AED 2,276/sqft |
05 / Nearby
Other projects in Maritime City
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 561 | 3.11M AED | 2,380 | ||
02 | 529 | 3.15M AED | 2,902 | |
| 518 | 2.29M AED | 1,821 | ||
04 | 480 | 2.29M AED | 1,849 | |
| 337 | 2.74M AED | 2,881 | ||
06 | 327 | 2.46M AED | 2,918 | |
| 282 | 2.8M AED | 3,875 | ||
| 268 | 4.52M AED | 5,182 | ||
| 237 | 2.52M AED | 2,236 | ||
| 235 | 2.44M AED | 2,176 |
06 / Talk to us
Interested in Pier Point 1?
Answer a few short questions and we will get back to you.
A registered project can include several buildings or phases, so these figures cover the whole project.