Portside Square
Portside Square Offered by Buy Dubai Off-Plan
Portside Square

Portside Square

by Ellington Properties in Mina Rashid View on map Under construction

Starting price
AED 2,560,000
Payment plan
70/30
Handover
Q4 2029

โ‰ˆ โ‚ฌ 614,000

Project details

Starting price AED 2,560,000 โ‰ˆ โ‚ฌ 614,000 What will my monthly payments be?
Payment plan 70/30 70% during construction, 30% at handover
Handover Q4 2029 Under construction
Bedrooms Studio1234
Location
Mina Rashid
Project brochure
Free, with no obligation

The Portside Square brochure

Download the brochure for Portside Square by Ellington Properties in Mina Rashid for free, with all information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Portside Square

  • Apartments and penthouses with studio to 4 bedrooms, plus commercial units
  • On the edge of Mina Rashid, a historic harbour district on the Arabian Gulf
  • Four towers with a mix of residential and commercial, inspired by the sea
  • Gym, pool, wellness, co-working, play area, cinema and concierge service
  • Handover in Q4 2029 with a 70/30 payment plan and 20% down payment

Overview of Portside Square

Portside Square is a new project by Ellington Properties in Mina Rashid, Dubai. It consists of four towers: three residential and one commercial. You can choose from apartments, penthouses and commercial spaces. The homes range from studios to apartments with four bedrooms. Prices start from AED 2.560.000. Handover is scheduled for the fourth quarter of 2029. The project is located on the edge of the Arabian Gulf, in a historic harbour district. The architecture is inspired by the sea, with flowing lines for the residential towers and an angular, diamond-shaped commercial building. The communal areas combine industrial heritage with contemporary design.

The development offers a mix of living, working and relaxing. In addition to the residential towers, there are office spaces, shops and dining options on the ground floor. The marina location provides views of the water. Every home has a balcony and large windows for natural light. The finish is modern, with high-quality materials. As a buyer, you can receive guidance from a registered broker with a RERA licence and an ORN number. You do not need to contact the developer yourself. The broker handles the purchase and guides you through the entire process. All payments go through the Dubai Land Department, which provides security. Handover is scheduled for Q4 2029.

Unit types and sizes of Portside Square

The property types include studios of 37 m2, one-bedroom apartments of 71 to 74 m2, two-bedroom apartments of 109 to 131 m2 and three-bedroom apartments of 160 m2. Penthouses are available with areas of 160 to 320 m2 and offer up to four bedrooms. Commercial spaces have a maximum area of 362 m2. All homes have a balcony and large windows for natural light. The kitchens have smooth surfaces, a central island and built-in appliances. Bathrooms are equipped with dual showerheads and rain showers. Some units have walk-in closets and sculptural shelving. The colour palette is neutral with industrial accents.

The layout of the homes is designed for comfort and functionality. Every home has an open living room with dining area, and large windows that provide plenty of daylight. The bedrooms are spacious, and some have an en-suite bathroom with walk-in shower. The penthouses have extra height and a spacious terrace. The commercial spaces are flexible in layout and suitable for offices or shops. The finish throughout the building is of high quality, with materials such as bronze, limestone and concrete with brass inlay. The design is inspired by the maritime heritage of Mina Rashid, with subtle references to shipping and port activities.

About Ellington Properties and the design of Portside Square

Portside Square consists of four towers: three residential towers and one commercial tower. The towers are grouped around a landscaped environment facing the marina. The residential facades have soft, flowing lines reminiscent of the rhythms of the ocean. The commercial building, called Harbour Light, has a diamond-like prism shape that contrasts strongly with the residential towers. The architecture combines the industrial heritage of the port with contemporary elegance. The communal areas are inspired by shipping and trade. There is an amenity pavilion with facilities, and on the ground floor there are shops and dining options.

The developer is Ellington Properties, a Dubai-based property developer known for its design-led projects. The company has experience with both residential and commercial developments. Portside Square is one of their latest projects in Mina Rashid. In addition to the towers, the project includes an amenity pavilion, office spaces and shops on the ground floor. The communal areas are designed with materials such as bronze, limestone and concrete with brass inlay, which refer to historic shipping routes. The lobbies have pendant lights that resemble sails, and sculptural elements reminiscent of ship rigging.

Mina Rashid and the area around Portside Square

Mina Rashid is a historic harbour district in Dubai, located on the Arabian Gulf. The area is undergoing a transformation into a modern residential and leisure destination, while preserving its maritime character. Portside Square is located on the waterโ€™s edge, with views of the marina and the sea. The district has a rich history as a trading port, and that history is still visible in the architecture and atmosphere. The surroundings offer a mix of residential, commercial and leisure facilities. The marina is a central point of the district, with walking paths and dining options.

The location is well connected to the rest of Dubai. Dubai Mall and Burj Khalifa are reachable in around 10 minutes by car. Dubai International Airport is also around 10 minutes away. The Dubai International Financial Centre (DIFC) can be reached in around 15 minutes. Palm Jumeirah and Mall of the Emirates are both around 20 minutes by car. Dubai Islands are reachable in around 20 minutes. Al Maktoum International Airport is further away, at around 40 minutes by car. This central location makes Portside Square suitable for both residents and investors.

Payment plan and guidance at Portside Square

The payment plan for Portside Square is 70/30. This means you pay 70% of the purchase price during construction, and the remaining 30% at handover. The down payment is 20% of the price. The payments are spread over the construction period, with milestones linked to the progress of the project. This gives buyers the opportunity to spread the costs. Handover is scheduled for the fourth quarter of 2029. The exact schedule is provided by the broker. The prices include VAT, but any registration fees are for the buyer. You can also use a post-handover plan, depending on the developerโ€™s conditions.

As a buyer, you can receive guidance from a registered broker with a RERA licence and an ORN number. You do not need to contact the developer yourself. The broker handles the purchase and guides you through the entire process, from reservation to transfer. All transactions go through the Dubai Land Department, which ensures safe and transparent handling. The broker can also advise you on financing and legal matters. In this way, buying a home in Dubai becomes simple and clear. The broker is independent and does not work for the developer.

Amenities

Payment plan for Portside Square

70%30%
70%
During construction, in instalments
AED 1,792,000
โ‰ˆ โ‚ฌ 430,000
30%
After handover
AED 768,000
โ‰ˆ โ‚ฌ 184,000

Handover of Portside Square

13 quarters until the planned handover, about 3.3 years.

Q4 2026
Now
Q4 2029
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for Portside Square, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,886

โ‰ˆ โ‚ฌ 930 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,792,000โ‰ˆ โ‚ฌ 430,100
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 768,000โ‰ˆ โ‚ฌ 184,300
Purchase costs4% DLD fee and mortgage costs
AED 112,870โ‰ˆ โ‚ฌ 27,100
Total funds required
AED 1,904,870โ‰ˆ โ‚ฌ 457,200
Request finance guidance for Portside Square
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Portside Square

Location

Mina Rashid, Dubai Al Maktoum International Airport: circa 40 minuten (auto) ยท Burj Khalifa: circa 10 minuten (auto)
Open in Google Maps

Travel times from Portside Square

  • Al Maktoum International Airport: circa 40 minuten (auto)
  • Burj Khalifa: circa 10 minuten (auto)
  • Dubai International Airport: circa 10 minuten (auto)
  • Dubai International Financial Centre (DIFC): circa 15 minuten (auto)
  • Dubai Islands: circa 20 minuten (auto)
  • Dubai Mall: circa 10 minuten (auto)
  • Mall of the Emirates: circa 20 minuten (auto)
  • Palm Jumeirah: circa 20 minuten (auto)

About Ellington Properties

Ellington is a leading developer in Dubai, specialising in off-plan property projects that focus on quality and innovation. On this page, you will find a complete overview of all current and future projects by Ellington. Whether you are looking for a luxury apartment in a vibrant neighbourhood or a quiet villa in an exclusive community, Ellington offers diverse options. Their projects vary in size, from compact 45 m2 studios to spacious 250 m2 penthouse suites. Prices start from AED 1,200,000, with payment plans tailored to investors. By choosing an off-plan project from Ellington, you are investing in a developer with a proven track record and a clear future perspective.

Since its founding, Ellington has developed into one of the most reliable property developers in Dubai. With a focus on sustainability and aesthetics, the company has delivered several iconic projects, such as the well-known residential tower "The Sterling" in Dubai Marina. The developer has won several awards, including the Arabian Property Award for Best Residential Development. What sets Ellington apart is its long-term vision: projects are not just built for immediate returns, but with an eye for long-term value development. Thanks to its experience and expertise, Ellington knows exactly what investors and residents look for in a home, which is reflected in every new off-plan project.

All projects by Ellington Properties

Similar projects

Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.