Dubai Maritime City
Off plan sea view towers on a peninsula near Old Dubai
Community guide
Dubai Maritime City is a man made peninsula between Port Rashid and the Dubai Dry Docks, now filling with freehold sea view apartment towers. It suits off plan buyers who want waterfront homes near Old Dubai: one bedrooms average about AED 2.39M.
Key takeaways
- Finished homes are scarce: only 34 ready units sold here over the year to September 2026, against 2,394 off plan.
- Breez by Danube, a 60 storey tower due in 2029, led the market with 906 sales at a typical AED 1.4M.
- The average price across our tracked buildings is about AED 3,039 per sq ft, near prime waterfront levels.
- Only 118 leases were registered, mostly in Anwa by Omniyat and Riva Residence, so rental data is still early.
- Public transport is close: Al Ghubaiba station on the Green Line is under 2 km from Riva Residence.
Dubai Maritime City is a waterfront district on a reclaimed peninsula beside Mina Rashid, and it is mainly a place to buy off plan today, with a small but growing number of finished homes to live in. It sits a short drive from Al Shindagha, Al Fahidi and the Al Ghubaiba metro and bus hub, with Downtown Dubai and Dubai International Airport each around 19 minutes by car. Almost every recent sale has been in towers still under construction, by Danube, Omniyat's Beyond, London Gate and Select Group. A typical one bedroom traded at about AED 2.39M, roughly AED 3,100 per sq ft, while the first ready buildings, Anwa and Riva Residence, rent one bedrooms for about AED 100,000 a year.
Key facts
- Location
- Peninsula between Port Rashid (Mina Rashid) and the Dubai Dry Docks
- Master developer
- Dubai Maritime City, part of the DP World group
- Property types
- Apartments and penthouses, mostly off plan
- Typical 1 bedroom sale price
- AED 2.39M (DLD, 12 months)
- Typical 2 bedroom sale price
- AED 4.25M (DLD, 12 months)
- Price per sq ft
- About AED 3,039 average across tracked buildings
- Best for
- Off plan buyers seeking sea views close to Old Dubai
Building guides in Dubai Maritime City
Facts, live asking and sold prices, yields and amenities for each tower.
Market data
Dubai Maritime City prices and rents by bedroom
Dubai Land Department registered sales and Ejari registered rents from 26 Sept 2025 to 25 Sept 2026, across the 16 buildings and communities we track in Dubai Maritime City.
- Sales registered
- 2,428
- 2,394 off plan
- Rents registered
- 118
- Typical price per sq ft
- AED 3,039
- Homes listed now
- 750
| Size | Sales | Typical price | AED per sq ft | Typical rent | Gross yield |
|---|---|---|---|---|---|
| Studio | 794 | AED 1.4M | 3,491 | AED 65K a year | 5.6% |
| 1 bed | 1,031 | AED 2.4M | 3,104 | AED 100K a year | 5.6% |
| 2 bed | 517 | AED 4.3M | 3,060 | AED 135K a year | 5.4% |
| 3 bed | 73 | AED 5.8M | 3,268 | AED 243K a year | · |
| 4 bed | 13 | AED 13M | 4,309 | · | · |
What sold here
2,428 homes changed hands in Dubai Maritime City over the last 12 months, 99% of them bought off plan.
Most traded: Breez by Danube (906, AED 1.4M); Franck Muller Yachting (566, AED 1.3M); Kanyon by Beyond (332, AED 2.6M)
Top buildings in Dubai Maritime City
| Building | Developer | Completion | Sales, 12 months | Typical price |
|---|---|---|---|---|
| Breez by Danube | Danube Properties | off plan | 906 | AED 1.4M |
| Franck Muller Yachting | London Gate | off plan | 566 | AED 1.3M |
| Kanyon by Beyond | Beyond (Omniyat) | off plan | 332 | AED 2.6M |
| Soulever by Beyond | Beyond (Omniyat) | off plan | 230 | AED 3.1M |
| Talea by Beyond | Beyond (Omniyat) | off plan | 142 | AED 4.3M |
| Anwa by Omniyat | Omniyat | 2021 | 27 | AED 1.8M |
| Oceanz by Danube | Danube Properties | off plan | 91 | AED 2M |
| Riva Residence | Vakson Group | 2025 | 19 | AED 2M |
Typical figures are medians weighted by the number of deals. Yields are gross: typical rent divided by typical price.
A maritime peninsula turning residential
Dubai Maritime City was announced in 2004 as a hub for the maritime industry, part of the DP World group, on land reclaimed between Port Rashid and the Dubai Dry Docks. The peninsula covers about 2.27 million square metres. Part of the peninsula is used by ship repair yards, workshops and marine businesses, while the plan set aside a marina district with plots for high rise residential towers, now the focus of new building.
The residential side is very new. Omniyat's Anwa, completed in 2021, was one of the first towers with residents, and Vakson Group's Riva Residence followed at the end of 2025 with about 158 sea view apartments. Since then developers have launched a string of towers along the waterfront: Breez and Oceanz by Danube, Franck Muller Yachting by London Gate, Kanyon, Soulever, Talea, Saria and Orise by Beyond, Nautica One and Two by Select Group, Mar Casa by Deyaar and Il Vento by KORA.
Around Dubai Maritime City: heritage, shopping and transport links
The peninsula itself is still largely a construction zone, so daily life leans on the established neighbourhoods next door. Al Mina Street links it to Jumeirah, Al Shindagha and Sheikh Zayed Road, putting both the old city and the business districts within easy reach.
- •The QE2, moored as a hotel at Mina Rashid, sits roughly 1.2 km north of Riva Residence.
- •Weekly shopping happens at City Centre Al Shindagha, around 1.6 km from the peninsula's first ready tower.
- •Al Ghubaiba's metro and bus interchange connects residents with Deira, Bur Dubai and the wider network.
- •Heritage sits within a short drive, from the Etihad Museum (2.7 km) to the wind towers of Al Fahidi (3 km).
- •Driving times to both Dubai Mall and the main airport are about 19 minutes outside peak hours.
Prices and early rents in Dubai Maritime City
DLD registered deals in the 12 months to September 2026 across the 16 buildings we track show a typical studio of 395 sq ft at about AED 1.4M (AED 3,491 per sq ft), a one bedroom of around 850 sq ft at AED 2.39M and a two bedroom of about 1,410 sq ft at AED 4.25M. Three bedrooms sold 73 times at around AED 5.78M, and a small number of four bedroom units changed hands at about AED 13.2M. Prices vary by brand: Franck Muller Yachting averaged about AED 2,583 per sq ft against roughly AED 3,774 at Soulever by Beyond.
Because almost all of the stock is still being built, renting is limited to a few ready towers, with 118 Ejari leases recorded in the year. Those early figures show about AED 100,000 a year for a one bedroom and AED 135,000 for a two bedroom, implying gross yields of roughly 5.4 to 5.6%. Studio and three bedroom rents come from too few leases to rely on. As towers such as Breez hand over, rental evidence will build quickly.
What attracts buyers to Dubai Maritime City
- •Sea and skyline views from a peninsula close to Mina Rashid and Port Rashid.
- •A central position near Al Shindagha, Al Fahidi and Bur Dubai, with Downtown Dubai about 19 minutes away.
- •Branded and design led towers from Omniyat's Beyond, Danube, London Gate and Select Group.
- •Off plan payment plans that spread costs over construction and, for some projects, after handover.
- •Few ready homes today, so early buyers can choose from a wide range of floors and views.
Points to consider in Dubai Maritime City
- •Most handovers are several years away, Breez for example in 2029, so this is a buy for patient owners.
- •Only 118 Ejari contracts were logged, so treat today's 5.4 to 5.6% yields as an early indication.
- •The district will be busy with construction for some time while the waterfront towers rise.
- •Daily shopping is off the peninsula for now, at City Centre Al Shindagha and nearby Bur Dubai.
Good to know
Dubai Maritime City questions, answered
Is Dubai Maritime City a good place to buy?+
It suits buyers who want a sea view apartment close to Old Dubai and are happy to wait for completion. About 99% of the 2,428 sales in the last 12 months were off plan, at an average of about AED 3,039 per sq ft. The location beside Mina Rashid and Al Shindagha is the main draw.
How much does a one or two bedroom cost in Dubai Maritime City?+
A typical one bedroom sold for about AED 2.39M and a two bedroom for about AED 4.25M in DLD registered deals over the 12 months to September 2026. Studios averaged about AED 1.4M, and Breez by Danube, the most traded tower, sold at a typical AED 1.4M per unit.
Can foreigners buy property in Dubai Maritime City?+
Yes. The new residential towers, including Breez by Danube, are sold as freehold to buyers of any nationality, with ownership registered at the Dubai Land Department. Parts of the peninsula remain industrial and maritime land, so check the title type for each project before buying.
What are rents like in Dubai Maritime City?+
Rental data is still early, with 118 Ejari leases in a year, mostly in Anwa by Omniyat and Riva Residence. Typical rents were about AED 100,000 a year for a one bedroom and AED 135,000 for a two bedroom, suggesting gross yields of around 5.4 to 5.6%.
How far is Dubai Maritime City from Downtown Dubai and the airport?+
Downtown Dubai and Dubai International Airport are both about 19 minutes by car. Al Mina Street connects the peninsula to Jumeirah and Sheikh Zayed Road, and the Al Ghubaiba metro and bus hub on the Green Line is about 1.9 km away.
Who are the main developers in Dubai Maritime City?+
Danube Properties is the most active, led by Breez with 906 sales, followed by London Gate with Franck Muller Yachting and Omniyat's Beyond brand with Kanyon, Soulever and Talea. Select Group, Deyaar, KORA and Vakson Group are also building or have delivered towers here.
Buyer guides
Sources
- Dubai Land Department open data (sales and rents, 12 months to Sep 2026)
- Dubai Legislation Portal: Regulation No. 3 of 2006 on freehold areas
- Dubai Land Department open data: freehold status of registered Ejari contracts (checked Oct 2026)
- Danube Properties: Breez
- The National: Vakson bringing Riva Residence to Dubai Maritime City
- Wikipedia: Dubai Maritime City (pointer)