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Portside Square - Image 1
Mina Rashid, Dubai·Ellington Properties

Portside Square

AED 1.15MPublished estimate: 6.5
0-4
Bedrooms
N/A
Bathrooms
395+
Sqft
Q4 2029
Handover
Explore Mina Rashid
View community info, amenities & nearby attractions
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About This Project

Portside Square by Ellington Properties in Mina Rashid, Dubai offers apartment, penthouse residences in Studio–4-bedroom configurations. Starting from AED 1,148,000. The published handover timing is Q4 2029, supported by a payment structure of 20% down payment; 50% during construction; 30% on handover. The developer allocation is recorded as sold out, so availability is limited to resale or later released stock. For investment screening, 6.5% is used as a current area-level gross rental-yield benchmark rather than a guaranteed project return. The expected ROI field uses the same income-return proxy and does not add assumed capital appreciation. Service charges, vacancy, management, furnishing, financing and transaction costs can reduce net returns. Buyers should reconfirm current inventory, unit-specific pricing, layouts, service charges and contractual milestones before reservation.

Amenities

Indoor Swimming Pool
Gymnasium
Private Marina Berths
Beach Access
Landscaped Gardens
Children's Play Area
Security

Related Keywords

Portside SquareEllington PropertiesMina RashidDubaiApartmentPenthouse

Key Features

Theme
Apartment, Penthouse
Unique
Mina Rashid, Dubai
Price
AED 1.1M

Property Documents

Request available documents for this property

Investment Potential

6.5
Published ROI Estimate

Verify assumptions independently

6.5
Published Rental Yield

Gross/net basis may vary

Property Price: AED 1.15M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

Residency eligibility is subject to current government criteria and approval

Payment Plan

20% down payment; 50% during construction; 30% on handover
20%Booking
50%During
30%On
Booking
AED 0.23M(20%)
During Construction
AED 0.57M(50%)
On Handover
AED 0.34M(30%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q4 2029

Frequently Asked Questions

What residences are available at Portside Square?

Portside Square offers Apartment, Penthouse in Studio–4-bedroom configurations. Current unit availability should be reconfirmed.

What is the payment plan for Portside Square?

The published payment structure is 20% down payment; 50% during construction; 30% on handover. Contractual terms should be confirmed for the selected unit.

When is Portside Square expected to be completed?

The published handover target is Q4 2029. Construction schedules remain subject to developer updates.

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Mortgage Calculator

Property Price
AED 1,148,000
Down Payment25% (AED 287,000)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 861,000
Monthly PaymentAED 4,403
Total InterestAED 459,900

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment, Penthouse
Payment Plan20% down payment; 50% during construction; 30% on handover
HandoverQ4 2029
DeveloperEllington Properties
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