Portside Square by Ellington in Rashid Yachts & Marina Golden Visa concept graphic with a gold card over a project rendering of landscaped residential towers in Dubai - Presented by Tohid Fetrat

Ellington · Rashid Yachts & Marina

Portside Square Golden Visa

Residency From the 1 Bedroom Tier Upward

Four of the five layouts at Portside Square start above the AED 2M ≈ USD 545K Golden Visa threshold, and the studios do not. See exactly which units qualify, how the 70/30 payment plan shapes application timing, and what off-plan buyers need before handover in Q4 2029.

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AED 1.22M ≈ USD 331KStarting Price
AED 2M ≈ USD 545KGolden Visa Threshold
0%DLD Register Progress
Q4 2029Handover Date

Eligibility Snapshot

Portside Square Golden Visa Facts

Portside Square is a 408-residence freehold development by Ellington in Rashid Yachts & Marina at Mina Rashid. The Dubai Land Department project register lists it under project number 4213, registered on 16 October 2026 with a construction start date of 1 September 2026, and its inspection record dated 12 January 2026 shows a 0% register reading, with the inspection report noting that no construction activity had yet started on site. For residency planning, the dividing line falls between the two smallest layouts: studios start at AED 1.22M ≈ USD 331K, below the AED 2M ≈ USD 545K minimum property investment applied under the UAE Golden Visa program, while 1 bedroom apartments start at AED 2.44M ≈ USD 664K and clear it on their own, subject to the regulations in force when you apply. Every larger layout sits further above that line. Handover is expected in Q4 2029, when Oqood registration converts to a title deed.

Golden Visa Threshold

AED 2M ≈ USD 545K

Portside Square Starting Price

AED 1.22M ≈ USD 332K

Lowest Qualifying Unit

1 Bedroom Apartment

Ownership

Freehold, open to all nationalities

Registration Type

Oqood now, Title Deed at Q4 2029 handover

Developer

Ellington

Data as of October 2026, based on the Dubai Land Department project register, its inspection record of 12 January 2026, and the current Ellington price list. Figures are updated quarterly.

Unit by Unit

Which Portside Square Apartments Meet the AED 2M Threshold

At Portside Square the Golden Visa answer is decided by layout, not by floor or view. The studio tier is pitched at rental-led buyers and opens well under the AED 2M ≈ USD 545K line, while the 1 bedroom tier opens at AED 2.44M ≈ USD 664K, comfortably above it, and every larger layout climbs from there. On current starting prices, a buyer who wants residency from a single purchase is really choosing between a studio and a 1 bedroom, and only the second one carries the visa on its own.

Unit TypeSize RangeStarting PriceQualifies Alone
Studio Apartments396 to 454 sq ft (37 to 42 sq m)AED 1.22M ≈ USD 331KNo
1 Bedroom Apartments768 to 915 sq ft (71 to 85 sq m)AED 2.44M ≈ USD 664KYes
2 Bedroom Apartments1,173 to 1,377 sq ft (109 to 128 sq m)AED 3.60M ≈ USD 979KYes
3 Bedroom Apartments1,724 to 1,875 sq ft (160 to 174 sq m)AED 5.19M ≈ USD 1.41MYes
4 Bedroom Penthouses3,441 sq ft (320 sq m)AED 9.64M ≈ USD 2.62MYes
Four of five tiers qualify individually, from the 1 bedroom apartment upward. Studios sit below the AED 2M ≈ USD 545K threshold and do not qualify alone.
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Why this matters: eligibility is assessed on the registered purchase value, so a 1 bedroom apartment bought at AED 2.44M ≈ USD 664K keeps you above the threshold even before handover, while a studio at AED 1.22M ≈ USD 331K does not reach it alone. Two studios together pass AED 2M ≈ USD 545K on paper, but whether a combined holding is accepted depends on the conditions in force when you apply. Resale or secondary units priced below AED 2M ≈ USD 545K would not qualify on their own, so confirm the contract value on your specific unit before applying.

Payment Plan and Timing

When Off-Plan Buyers at Portside Square Can Apply

Portside Square sells on Ellington's 70/30 plan: 20% at booking plus the 4% DLD registration fee, then 10% at 60 days, 10% at 120 days, 5% at 240 days and 5% at 360 days after the reservation date, four further 5% instalments on completion of 20%, 30%, 40% and 50% of construction, and the final 30% on completion. Before handover, a residency file normally leans on the Oqood registration issued for the off-plan contract, plus evidence that the purchase reaches the qualifying value and satisfies whatever paid-value conditions the Dubai Land Department and residency authorities apply on the day you submit.

My read on the timing: this plan is front-loaded, and that shapes both application windows. Half of the price is paid within 360 days of reservation, years ahead of the Q4 2029 handover, so a buyer relocating a family or setting up UAE banking may be able to apply on the strength of an Oqood-registered contract early in the build, once the paid-value condition in force at that point is met. With the Dubai Land Department register still reading 0% at the 12 January 2026 inspection, that early window is driven by the time-based instalments rather than by construction milestones. Investors with no urgency can wait for completion, when the final 30% is settled, the title deed is issued and the application rests on finished, registered ownership. Because off-plan requirements are updated from time to time, confirm the current condition before submitting.

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VIP processing, zero service fee: for buyers who purchase through me, the full application service, covering document preparation, submission, and status follow-up, is included free. The service is free; government fees apply, as published by the issuing authorities.

Read the full Off-Plan Property Golden Visa guide

The Project

Three Waterfront Towers Behind One Residency Decision

A ten-year residency visa ties you to the apartment that earns it, so the building deserves the same scrutiny as the threshold. The full Portside Square guide covers layouts, the price ladder, shared amenities, and how the three towers sit within Mina Rashid.

Portside Square by Ellington in Rashid Yachts & Marina aerial waterfront view of the Dubai skyline, port and surrounding city at dusk in Dubai - Presented by Tohid Fetrat

Portside Square: Three Curved Towers at Rashid Yachts & Marina

Portside Square is Ellington's first address at Mina Rashid: 408 homes around a shared amenity pavilion, with shops and restaurants.

View the Portside Square Project Guide

Golden Visa Guides

Requirements, Process, and Benefits in Full

Golden Visa rules apply the same way to every Dubai property, so they sit in the dedicated guides below instead of being repeated on this Portside Square page.

Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name

Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.

Read the Dubai Golden Visa requirements guide

Applying for the Golden Visa in Seven Steps, From Purchase to Approval

For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.

Read the UAE Golden Visa application guide

Golden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad

Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.

Read the Dubai Golden Visa benefits guide

Insights

Project Insights for Portside Square Golden Visa Buyers

A Golden Visa purchase at Portside Square rests on more than the AED 2M ≈ USD 545K threshold. Buyers should follow verified construction progress toward the title deed and confirm escrow protection on every instalment. The resources below cover both before you commit.

Portside Square by Ellington in Rashid Yachts & Marina Golden Visa concept graphic with a gold card over a project rendering of landscaped residential towers in Dubai - Presented by Tohid Fetrat
You Are Here

Portside Square Golden Visa Guide

This page: which Portside Square apartments meet the AED 2M ≈ USD 545K threshold and when off-plan buyers can apply.

Portside Square by Ellington in Rashid Yachts & Marina construction updates cover image featuring a project rendering of contemporary towers and surrounding buildings in Dubai - Presented by Tohid Fetrat

Portside Square: Three Mina Rashid Towers Tracked From a 0% Baseline

Track Portside Square construction progress through verified site inspections, key development milestones, and regular updates throughout the construction journey.

View Portside Square Construction Updates
Portside Square by Ellington in Rashid Yachts & Marina escrow account concept graphic with shield and padlock symbols beside a rendering of residential buildings in Dubai - Presented by Tohid Fetrat

Portside Square Escrow: Abu Dhabi Commercial Bank Trust Account, Plot 488

Portside Square's trust account at Abu Dhabi Commercial Bank, opened for DLD project 4213, holds payments on 413 registered units.

Verify the Portside Square Escrow Account

Structure

Explore Rashid Yachts & Marina Structure

A qualifying apartment holds its value through the district around it. Compare Portside Square with other Rashid Yachts & Marina releases, understand the port-side masterplan behind long-term demand, and review Ellington's portfolio before finalizing your Golden Visa purchase.

Waterfront apartment buildings overlooking a marina filled with luxury yachts at Rashid Yachts and Marina by Emaar in Dubai. Presented by Tohid Fetrat.

Rashid Yachts & Marina Apartments for Sale

Browse waterfront apartments across Rashid Yachts & Marina, compare releases and prices, and see which tiers reach the Golden Visa threshold.

See Rashid Yachts & Marina Apartments for Sale
Mina Rashid location highlighted on master plan map showing Rashid Yachts and Marina waterfront connectivity in Dubai Presented by Tohid Fetrat

Rashid Yachts & Marina Community

Discover the marina, the Queen Elizabeth 2, the waterfront promenades, and the road links behind Portside Square's long-term residential value.

Explore the Rashid Yachts & Marina Community at Mina Rashid
Exterior view of Ocean House by Ellington featuring sculptural architecture, curved balconies, lush landscaping and luxury waterfront residences in Dubai Presented by Tohid Fetrat

Ellington Properties: Design-Led Boutique Residences With Curated Interiors

Ellington Properties, founded in 2014, is a design-led developer of apartments, villas and waterfront homes, with 30 developments launched and delivered.

View the Ellington Properties Developer Profile

FAQs

Portside Square Golden Visa Frequently Asked Questions

Four of the five. 1 bedroom apartments start at AED 2.44M ≈ USD 664K, 2 bedroom apartments at AED 3.60M ≈ USD 979K, 3 bedroom apartments at AED 5.19M ≈ USD 1.41M and 4 bedroom penthouses at AED 9.64M ≈ USD 2.62M, so each of these clears the AED 2M ≈ USD 545K threshold individually at its starting price. Studios start at AED 1.22M ≈ USD 331K and sit below it. Always confirm the contract value of your specific unit. Full criteria are covered in the Golden Visa requirements guide.

Not on its own. Portside Square studios start at AED 1.22M ≈ USD 331K, below the AED 2M ≈ USD 545K minimum property value. Whether two or more properties can be combined to reach the threshold depends on the conditions in force at the time of application, so a combined holding should be checked before purchase rather than assumed.

Off-plan applications are typically supported by Oqood registration and proof that the purchase meets the qualifying value and any paid-value conditions applied at the time of application. Buyers who prefer a simpler file can wait for the title deed at handover in Q4 2029. The process is explained step by step in the off-plan Golden Visa guide.

The plan is 20% at booking plus the 4% DLD registration fee, 10% at 60 days, 10% at 120 days, 5% at 240 days and 5% at 360 days after reservation, four 5% instalments on completion of 20%, 30%, 40% and 50% of construction, and 30% on completion. Because half of the price is paid within 360 days of reservation, most buyers are positioned to meet commonly applied paid-value conditions early in the build, so an application during construction is usually possible once the conditions in force at the time are met.

A jointly owned apartment may support an application, but how the qualifying value is assessed for co-owners, including whether each owner's share must reach the AED 2M ≈ USD 545K threshold, depends on the conditions in force at the time of application. If each share is assessed separately, an equal two-way split of the current starting prices keeps each share above the threshold only on the 3 bedroom apartments, from AED 5.19M ≈ USD 1.41M, and the 4 bedroom penthouses, from AED 9.64M ≈ USD 2.62M, so a jointly owned 1 or 2 bedroom apartment should be checked first. The same caution applies to a purchase financed with a mortgage: confirm how a shared or financed holding is treated before signing.

Under the program's current terms, a property-based Golden Visa holder can sponsor eligible family members, with the qualifying relatives and supporting documents set by the regulations in force at the time of application. At Portside Square the sponsorship rests on the main applicant's qualifying purchase, which means a 1 bedroom apartment from AED 2.44M ≈ USD 664K or a larger layout, since a studio from AED 1.22M ≈ USD 331K does not qualify on its own. The visa runs for the program's current 10-year renewable term, and renewal is assessed under the conditions in force at that time, which commonly include continued ownership of qualifying property.

No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is free. Only the official government fees apply, as published by the issuing authorities at the time of application.

No. A purchase in a qualifying tier makes you eligible to apply for the 10-year renewable residency visa under the program's current term, but approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks. The full program benefits are set out in the Dubai Golden Visa benefits guide.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

Your Advisor

Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

Ask your question, get your answer. No obligation and no follow-up unless you ask for it.

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