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Off-plan

Portside Square

Mina Rashid / Rashid Yachts & Marina Ellington

A design-led waterfront launch in Mina Rashid by Ellington, combining strong address quality, broad unit mix and long-term investment logic.

Handover: Dec 2029 From 1 148 000 AED Plan: 20 / 10 / 10 / 5 / 5 / 5 / 5 / 5 / 5 / 30 Updated: Mar 12, 2026

Project snapshot

Updated: Mar 12, 2026
Developer Ellington
Project type Off-plan
Status Available
Handover Dec 2029
From price 1 148 000 AED
Payment plan at a glance 20 / 10 / 10 / 5 / 5 / 5 / 5 / 5 / 5 / 30

Project overview

Portside Square is an Ellington residential launch in the heart of Mina Rashid, a waterfront district that combines maritime heritage, marina living, promenades and ongoing urban repositioning. Architecturally, it carries a stronger identity than a generic off-plan apartment scheme, with a language clearly inspired by the port and the sea.

In practical terms, Portside Square is for buyers who want more than a standard new launch. The investment logic is not just about buying an apartment, but about positioning in a waterfront address with credible lifestyle value and medium-term upside.

Why this project deserves attention

Strengths

The first strength is the Mina Rashid setting itself. This is a more distinctive waterfront story than many standard residential corridors in Dubai, with marina character, open views and a stronger sense of place.

The second strength is Ellington’s design-led positioning. Better common areas, a more curated residential feel and stronger visual identity can matter later when it comes to tenant appeal and resale depth.

The third advantage is the unit mix, which ranges from compact formats to larger premium homes, giving the project relevance for several buyer profiles.

Limitations

This is not the kind of launch to shortlist purely for the lowest entry ticket in Dubai. The logic here is more about address quality, waterfront positioning and medium-term value creation than about buying the cheapest possible stock.

As with any waterfront project, exact unit selection matters a great deal. View corridor, orientation, floor level and building placement can materially change the investment quality of the apartment.

Who it suits

Portside Square makes sense for investors looking for a differentiated project in an improving waterfront district, for end-users who care about design and livability, and for buyers building a more patrimonial Dubai portfolio around stronger address quality.

Apartment types

The project communicates studios, 1-bedroom, 2-bedroom and 3-bedroom apartments, together with larger premium formats up to 4-bedroom residences. Some market presentations also mention penthouses and duplexes depending on unit release and availability. Exact live inventory should be checked at reservation stage.

Amenities

Highlighted amenities include a fitness studio, children’s spaces, club lounge, lobby lounge and reception, kids’ pool, indoor and outdoor spa areas, sauna and steam room, bicycle parking, EV charging, cinema lounge and arcade room. Altogether, the package is consistent with a premium waterfront residential positioning.

Investment potential

Rental potential

Rental demand potential looks attractive for a tenant profile that values the residential experience as much as the address itself. Mina Rashid is not trying to replicate Downtown or Business Bay; it offers a more marina-led, coastal and calmer proposition while remaining connected to Dubai’s core districts.

Capital appreciation potential

The investment case likely rests on the combination of relative waterfront scarcity, the continued build-out of Mina Rashid and Ellington’s stronger perceived product quality. If the district matures well, that combination can support medium-term price appreciation.

What an investor should verify

An investor should verify the exact view line, masterplan reading, differences between buildings, future service charges, parking allocation and SPA wording around final deliverables. In a project like this, unit-level detail matters almost as much as the project brand.

About the developer

Ellington is a design-led residential developer known in Dubai for projects that place strong emphasis on finish quality, interior detailing and livability. That does not replace standard due diligence, but it gives the project a clearer identity than many purely volume-driven launches.

This page helps you assess the project quickly: area fit, delivery timing, payment logic and the main points to clarify before reserving.

What we can send you
Updated price list, payment plan, unit availability, and our short investor notes (yield assumptions + exit plan).

Payment plan

Each milestone is shown with its share of the total. Where the developer uses monthly instalments, the label below keeps the monthly rhythm visible so the plan is easier to audit.

Step Allocation
At the time of booking 20%
60 days after the reservation date 10%
120 days after the reservation date 10%
240 days after the reservation date 5%
360 days after the reservation date 5%
On completion of 20% construction of the project 5%
On completion of 30% construction of the project 5%
On completion of 40% construction of the project 5%
On completion of 50% construction of the project 5%
On completion 30%

Indicative only. Final payment milestones depend on developer documents and SPA terms.

Location

Portside Square is located in Mina Rashid / Rashid Yachts & Marina, developed by Ellington.

For a deeper district breakdown, see the dedicated area guide. Read the Mina Rashid / Rashid Yachts & Marina area guide

Location should be assessed through access, end-user demand, day-to-day liveability and resale depth. Current public markers: pricing shown from 1 148 000 AED, handover guidance around Dec 2029, a payment plan of 20 / 10 / 10 / 5 / 5 / 5 / 5 / 5 / 5 / 30. It can also be benchmarked against 3 other projects from the same developer and 3 projects with similar payment-plan logic and 3 projects in a similar budget band and 3 projects with a similar handover horizon.

Continue exploring this opportunity

Portside Square is your anchor point. Compare nearby live launches, see what else Ellington has on market, then widen the benchmark by budget band, handover horizon and payment-plan logic before you enquire.

5 next steps
Developer view

More live launches by Ellington

3

See how this opportunity sits inside the developer pipeline, with a different mix of areas, ticket sizes and handover timing.

Payment logic

Projects with similar payment-plan logic

3

Use this bucket when instalment rhythm matters as much as location: booking weight, construction cadence, handover balance and post-handover exposure.

Budget band

Projects in a similar budget band

3

Keep the ticket size stable while you compare area, developer and delivery trade-offs.

Delivery horizon

Projects with a similar handover horizon

3

Useful when the timing of cashflow, completion and market entry matters more than the exact community match.

Investor reading

Guides to keep open before enquiring

3

Keep one practical reference open for DLD fees, Oqood, developer selection, ROI framing or exit strategy.

FAQ

What is the starting price for Portside Square?
Portside Square is currently displayed from 1 148 000 AED. Exact pricing still depends on the units that remain open, so the live price list should always be reconfirmed before booking.
When is handover for Portside Square?
The page currently frames handover around Dec 2029. As with any off-plan launch, the final timeline should be checked against the latest developer documents and the SPA.
What payment plan is shown for Portside Square?
The page shows 10 payment milestones with a quick read of 20 / 10 / 10 / 5 / 5 / 5 / 5 / 5 / 5 / 30. The contractual schedule and SPA milestones remain the final point of reference.
Where is Portside Square located?
Portside Square is located in Mina Rashid / Rashid Yachts & Marina, within the current offer of Ellington. The area guide and comparable launches shown on this page help you benchmark fit, demand and surrounding competition.
Is Portside Square still available?
The project is currently presented as available. Because off-plan stock moves quickly, the live unit list should always be reconfirmed before booking.

Contact

Want the latest price list + availability for this project? Message us on WhatsApp or request details.

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