Seagate — project image
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Seagate

From AED 3.50M·Completed Aug 2025·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 3.50M
Starting Price
Aug 2025
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Seagate is a project by Emaar, located in the Mina Rashid community, renowned for its rich history and stunning sea views. The development consists of four modern residential buildings: one with a ground level and 15 floors, another with a ground level and 6 floors, a third with a basement level, ground level, and 10 floors, and a fourth with a ground level and 5 floors. All residences feature an elegant design, high-quality materials, and well-thought-out layouts that ensure both comfort and functionality. The project offers apartments with 1 to 4 bedrooms, as well as 4-bedroom penthouses. Seagate provides residents with a variety of amenities, including a large outdoor swimming pool, a modern gym, a children's play area, sports courts, a relaxation zone, and a children's water playground. The development's proximity to the beach and promenade makes it ideal for those who enjoy waterfront activities. Seagate boasts excellent connectivity to Dubai’s main transport routes. Al Mina Street and Sheikh Rashid Road are nearby, providing access to Sheikh Zayed Road. Dubai Mall is a 16-minute drive away, Palm Jumeirah can be reached in 28 minutes, Burj Al Arab in 26 minutes, and The Walk JBR in 31 minutes.

Project Specifications
DeveloperEmaar Properties
LocationRashid Yachts & Marina
Unit Types2 BR, Apartments
AreaRashid Yachts & Marina
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 151,025 / year
Cash-on-Cash
2.2%
Levered cashflow AED 35,525
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.61M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Children’s pool
Dining outlets (coffee houses & restaurants)
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Lift
Retail outlets
SPA
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

Seagate location map
Project location

Nearby Destinations

Rashid Yachts & Marina

Developer and Project Facts

01

Seagate by Emaar Properties

02

Located in Rashid Yachts & Marina

03

Starting from AED 3,500,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Aug 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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