--- title: "Dubai Maritime City, Dubai" canonical: https://www.uaepropertyagents.com/dubai/dubai-maritime-city markdown: https://www.uaepropertyagents.com/md/dubai/dubai-maritime-city.md type: area description: "A reclaimed peninsula between Mina Rashid and Dubai Dry Docks, turning from a stalled maritime business zone into a dense cluster of waterfront apartment towers due from 2026 to 2030." last_verified: 2026-11-12 sources: 7 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Dubai Maritime City: property and area guide > A reclaimed peninsula between Mina Rashid and Dubai Dry Docks, turning from a stalled maritime business zone into a dense cluster of waterfront apartment towers due from 2026 to 2030. Facts last verified 12 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Emirate | [Dubai](https://www.uaepropertyagents.com/dubai) | | Area type | waterfront district | | Tenure | Freehold for all nationalities | | Also known as | Maritime City, DMC | | Coordinates | 25.267, 55.266 | | Developments covered | 4 | | Wikidata | [Q4382189](https://www.wikidata.org/wiki/Q4382189) | ## Overview Dubai Maritime City is a man-made peninsula on the old-Dubai coast, between Port Rashid ([Mina Rashid](https://www.uaepropertyagents.com/dubai/mina-rashid)) and Dubai Dry Docks, about ten kilometres from Dubai International Airport. It belongs to the DP World group and was conceived in the 2000s as a maritime business cluster with a shipyard precinct, a training campus, offices and a residential district. Sources put its size at between roughly 230 and 250 hectares. The original plan stalled after the 2008 crisis. The industrial precinct was built and still operates, with ship lifts, workshops and repair yards, but the residential plots sat empty for more than a decade. Infrastructure work resumed around 2020, and a AED 140 million roads and utilities package linking the peninsula with Mina Rashid was announced in February 2022. Since then developers have launched towers at speed. The names are familiar. [DAMAC](https://www.uaepropertyagents.com/developers/damac) has Harbour Lights, Coral Reef and the football-branded [Chelsea Residences](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/chelsea-residences). [Beyond](https://www.uaepropertyagents.com/developers/beyond), the Omniyat group's newer brand, has assembled a run of plots along the northern edge with projects including Saria, Orise, Sensia, Talea and Soulever. [Danube](https://www.uaepropertyagents.com/developers/danube) has Oceanz, Breez and Bluz; [Select Group](https://www.uaepropertyagents.com/developers/select-group) has Nautica; [London Gate](https://www.uaepropertyagents.com/developers/london-gate) has Franck Muller Yachting. Published handover dates run from late 2026 to 2030. The draw is a sea-facing address a short drive from Downtown and DIFC at prices below the Palm or Dubai Harbour: one-bedroom apartments in the better towers start at a little over AED 2 million. The questions are about what the district will feel like when a dozen or more towers complete within a few years of each other beside a working shipyard, served by a single causeway. ## Who it suits - Investors seeking sea-view apartments near the city centre - Buyers comfortable with an emerging district - Professionals working in DIFC or Downtown ## Highlights - Open-sea frontage about 15 to 20 minutes from Downtown Dubai and Dubai International Airport - Projects from established names: DAMAC, Beyond (Omniyat group), Select Group, Danube - Next to Mina Rashid's marina and cruise terminal - Freehold for all nationalities ## Considerations - Concentrated supply: nearly every tower was launched between 2022 and 2026 and is scheduled to hand over between late 2026 and 2030. Many are one- and two-bedroom investor units competing for the same tenants. - Property Finder's community panel showed average sale prices in Maritime City down 11.7% year on year when checked on 12 November 2026. - An operating ship-repair precinct with two ship lifts and more than 100 workshops shares the peninsula. Check the outlook and noise exposure of the specific plot. - Access is by a single causeway to the mainland road network; traffic at peak times is untested at full occupancy. - No metro station, and schools, supermarkets and community retail are not yet established on the peninsula. - The district has stalled once before (work stopped in 2010). Infrastructure is now largely in place, but the track record explains why some buyers discount it. ## Drive times - Mina Rashid: about 5 minutes - Downtown Dubai: about 20 minutes - Dubai International Airport: about 20 minutes ## Developments in Dubai Maritime City - [Harbour Lights by de GRISOGONO](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/harbour-lights-de-grisogono): DAMAC Properties; Dubai Maritime City, Dubai; under construction; handover Q4 2027; from AED 6,666,000 (as of 2026-11-13) - [Soulever by Beyond](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/soulever-by-beyond): Beyond Developments; Dubai Maritime City, Dubai; launched; handover Q1 2029; from AED 2,500,000 (as of 2026-11-13) - [Shahrukhz Residences by Danube](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/shahrukhz-residences-by-danube): Danube Properties; Dubai Maritime City, Dubai; launched; handover Q4 2029; from AED 1,650,000 (as of 2026-11-13) - [Chelsea Residences](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/chelsea-residences): DAMAC Properties; Dubai Maritime City, Dubai; under construction; handover Q2 2030; from AED 2,457,000 (as of 2026-11-13) ## Nearby areas - [Rashid Yachts & Marina](https://www.uaepropertyagents.com/dubai/mina-rashid) - [La Mer](https://www.uaepropertyagents.com/dubai/la-mer) - [Dubai Islands](https://www.uaepropertyagents.com/dubai/dubai-islands) - [Downtown Dubai](https://www.uaepropertyagents.com/dubai/downtown-dubai) - [Business Bay](https://www.uaepropertyagents.com/dubai/business-bay) - [City Walk](https://www.uaepropertyagents.com/dubai/city-walk) ## Questions and answers ### Is Dubai Maritime City freehold? Yes. The residential towers being sold in Dubai Maritime City are freehold and open to buyers of any nationality. ### Who owns Dubai Maritime City? The district is part of the DP World group. Individual towers are built by private developers who bought plots, including DAMAC, Beyond, Danube, Select Group and London Gate. ### When will Dubai Maritime City be finished? There is no single date. The first of the current wave of towers are scheduled for handover in late 2026 and 2027, with later launches such as Chelsea Residences and Soulever targeted for 2029. Expect construction on the peninsula until at least 2030. ### How much does new property in Dubai Maritime City cost? Among the developments we cover in Dubai Maritime City, prices start from AED 1,650,000 at [Shahrukhz Residences by Danube](https://www.uaepropertyagents.com/dubai/dubai-maritime-city/shahrukhz-residences-by-danube). The highest entry price is AED 6.67M at Harbour Lights by de GRISOGONO. ### Which developers are building in Dubai Maritime City? Current developments we cover in Dubai Maritime City are by DAMAC Properties, Beyond Developments and Danube Properties. ### What are property prices in Dubai Maritime City per square foot? Published figures for Dubai Maritime City: AED 3,128 per sq ft for all homes (average sale price per sq ft; Property Finder, from registered transactions, 12 months to 12 November 2026, 2,671 sales). Averages move with the mix of homes sold, and asking prices usually sit above prices paid. Compare areas in our [price per sq ft table](https://www.uaepropertyagents.com/data/area-prices). ### What is the rental yield in Dubai Maritime City? The published average gross rental yield in Dubai Maritime City is 5.23% for all homes (Property Finder, from registered transactions, 12 months to 12 November 2026, 2,671 sales). Gross yield is before service charges, empty months, management and fees, so the net figure is lower: work it out for a specific home with the [rental yield calculator](https://www.uaepropertyagents.com/tools/rental-yield-calculator), or compare areas on [rental yields by area](https://www.uaepropertyagents.com/data/area-yields). ### What is the average rent in Dubai Maritime City? The average annual rent on new contracts in Dubai Maritime City is AED 113,373 for all homes (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026, 139 contracts). That average mixes studios with larger homes, so ask for the rents achieved on comparable units before relying on a figure for one property. ## Sources Facts on this page were last checked against these sources on 12 November 2026. - [Property Finder: Maritime City area guide](https://www.propertyfinder.ae/en/area-insights/dubai/maritime-city) - [Wikipedia: Dubai Maritime City](https://en.wikipedia.org/wiki/Dubai_Maritime_City) - [Property Finder: DAMAC projects in Maritime City](https://www.propertyfinder.ae/en/new-projects/dev/damac-properties/dubai/maritime-city) - [Property Finder: Danube projects in Maritime City](https://www.propertyfinder.ae/en/new-projects/dev/danube-properties/dubai/maritime-city) - [Property Finder: Beyond projects](https://www.propertyfinder.ae/en/new-projects/dev/beyond) - [Property Finder: Bluz Tower (community statistics)](https://www.propertyfinder.ae/en/new-projects/danube-properties/bluz-tower) - [Beyond Developments: Soulever](http://beyonddevelopments.ae/Projects/soulever/) --- Source page: https://www.uaepropertyagents.com/dubai/dubai-maritime-city. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.