Seagate
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 151,025 / year
Cash-on-Cash
1.8%
Levered cashflow AED 35,525
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 227,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Seagate launch basis3,889AED 3.50MCurrent launch / asking basis
Rashid Yachts & Marina ready-stock comps2,100AED 1.89MIndicative resale benchmark
Rashid Yachts & Marina premium peer launches2,550AED 2.29MNew-launch peer set
Trophy alternative proxy3,200AED 2.88MHigher-end anchor for negotiation context

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,...

Flexible Payment

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Floor Plans

Seagate — 1 Bedroom Floor Plan

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

Rashid Yachts & Marina

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Rashid Yachts & MarinaRashid Yachts & MarinaDubai, UAE

Developer Track Record

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

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