Portside Square by Ellington

Portside Square is a residential development by Ellington Properties in Rashid Yachts & Marina, Mina Rashid. It comprises three towers, Portside Residences I, II and III, with 408 residences in total ranging from studios to 4 bedroom penthouses, alongside an amenity pavilion, ground floor retail and an office building.

Portside Square is located in Rashid Yachts & Marina at Mina Rashid, Dubai. Approximate driving times are 1 minute to the Queen Elizabeth 2, 6 minutes to Sheikh Zayed Road, 10 minutes to Downtown Dubai and Dubai International Airport (DXB), and 14 minutes to DIFC.

The project offers studios of 396 to 454 sq ft (37 to 42 sq m), 1 bedroom apartments of 768 to 915 sq ft (71 to 85 sq m), 2 bedroom apartments of 1,173 to 1,377 sq ft (109 to 128 sq m), 3 bedroom apartments of 1,724 to 1,875 sq ft (160 to 174 sq m) and 4 bedroom penthouses of 3,441 sq ft (320 sq m).

Prices start from AED 1.22M ≈ USD 331K for a studio. 1 bedroom apartments start from AED 2.44M ≈ USD 664K, 2 bedroom apartments from AED 3.60M ≈ USD 979K, 3 bedroom apartments from AED 5.19M ≈ USD 1.41M and 4 bedroom penthouses from AED 9.64M ≈ USD 2.62M, with the final price depending on floor, view and availability.

Portside Square follows a 70/30 payment plan: 20% at the time of booking plus the 4% DLD registration fee, 10% 60 days after the reservation date, 10% 120 days after, 5% 240 days after and 5% 360 days after. Four further instalments of 5% each fall due at four construction milestones set out in Ellington's payment plan, and the final 30% is paid on completion.

Handover is expected in Q4 2029. The project is still early in its build cycle, so most of the payment plan is paid during construction. Progress against RERA inspection data is tracked in the Portside Square construction updates guide.

Ellington's project brief for Portside Square lists an anticipated service charge of AED 17 per sq ft. The same brief allocates 1 car parking space to each studio, 1 bedroom and 2 bedroom apartment, and 2 car parking spaces to each 3 bedroom apartment and 4 bedroom penthouse. The developer presents the service charge as an anticipated figure, so it can be revised before handover in Q4 2029.

The property route to the 10 year UAE Golden Visa requires an investment of at least AED 2M ≈ USD 545K. At Portside Square, 1 bedroom apartments from AED 2.44M ≈ USD 664K and every larger tier sit above that threshold, while studios from AED 1.22M ≈ USD 331K fall below it. The Portside Square Golden Visa guide covers the eligibility steps in detail.

Yes, Portside Square by Ellington is a freehold property, open to all nationalities.

Yes. The full Portside Square purchase process, from reservation and booking to SPA signing and registration, can be completed remotely, and I manage it end to end with Ellington on your behalf. Each stage of the remote purchase is documented in my Dubai real estate guide library.

All off plan payments for Portside Square are made to the project's DLD-registered escrow account, held with Abu Dhabi Commercial Bank, and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Portside Square escrow account guide explains how this applies to the project.

Residents share an amenity pavilion with an indoor gym, yoga and Pilates areas, saunas, steam rooms, aromatherapy rooms, aqua cycling, hot plunge and cold plunge, co-working pods, a cinema and games lounge, an arcade room, an indoor kids club and a clubhouse lounge. Outdoors there is a leisure pool with Baja shelf, a kids pool, cabanas, a running track, an outdoor fitness area, outdoor yoga and landscaped garden areas.