Where is Ellington Portside Square located?

Ellington Portside Square is located in the prestigious area of Mina Rashid, on the first shoreline of the bay, close to the yacht marina and the waterfront. It is one of Dubai's most sought-after coastal destinations, known for its maritime heritage, museums, restaurants and proximity to the centre of the emirate.

What types of properties are available at Ellington Portside Square?

Properties at Ellington Portside Square include studios, 1-3 bedroom apartments and 4 bedroom penthouses. Some layouts have a dedicated study.

When is the handover date of property at Ellington Portside Square?

The property at Ellington Portside Square at Mina Rashid is scheduled for handover in Q4 2029.

What is the installment plan for buying property at Ellington Portside Square?

The developer offers an interest-free 70/30 installment plan for those looking to buy property at Portside Square by Ellington: 20% is paid on booking, 50% during construction, and the remaining 30% upon handover.

Is it profitable to buy an apartment at Ellington Portside Square?

Buying an apartment at Ellington Portside Square is a profitable investment. Experts note the high demand for coastal property at Mina Rashid, which has also been steadily increasing in value, rising by 50-70% over the last three years. The area is actively developing, while supply remains limited, creating high potential for capital growth and stable rental returns.

Ellington Portside Square at Mina Rashid Dubai

Portside Square by Ellington Properties is a conceptual, large-scale development in the waterfront segment of Dubai's real estate market, which has already been marked as an ‘exceptional address with zero like-for-like competition’. The residential complex comprises three 16-storey towers with floating, wave-like forms referring to the motion of water and wind. The project is conveniently located in the historic district of Mina Rashid — the maritime heart of the emirate, transformed into a world-class marina, cruise terminal and lifestyle destination with stunning views of Downtown Dubai and the Arabian Gulf. This is the first and landmark property by Ellington in this part of the city, which emphasises the exclusivity of the offering.

Ellington Portside Square features 408 residences, including studios, one-, two- and three-bedroom apartments, and just three spacious four-bedroom penthouses. Some of the 2-bedroom and all 3-bedroom layouts include a study. The sizes range from 396 sqft (37 m²) to 3,441 sqft (320 m²). The interiors are designed in light natural tones, using warm wood, textured stone and tactile materials. All layouts are ergonomic, and the apartments at Ellington Portside Square are well-illuminated and complemented by panoramic windows and balconies offering stunning views of the bay, yachts, as well as the emirate's skyline and green areas.

The complex features a comprehensive infrastructure. The four-storey glass Pavilion, located next to the residential towers, is an original multifaceted club space for residents. Inside, there is a library, café, co-working space, family zones, children's play area, cinema, games spaces, billiards, table football, arcades, a spa complex with a steam room, sauna and aromatherapy, as well as yoga and meditation studios. The podium of Ellington Portside Square features an infinity pool, a children's water section, sun loungers, an outdoor sports ground, a running track, an amphitheatre, green terraces and lawns for events. The project also includes indoor parking, bicycle parking, storage spaces and EV charging stations.

A significant advantage of the property at Portside Square by Ellington Properties is its location in the heart of the renewed Mina Rashid, next to the Queen Elizabeth 2 hotel, yacht marina and cruise terminal. The district, which opened in 1972 as Dubai's first port, is now an international lifestyle hub with marinas, restaurants, hotels and an extensive pedestrian promenade. In the coming years, the location will be complemented by schools, shopping galleries and a private beach. Access to key destinations in Dubai has become much faster with the new Al Shindagha Corridor road infrastructure: the journey to DXB Airport, Burj Khalifa and Dubai Mall takes about 10 minutes, to DIFC — 15 minutes, to Palm Jumeirah — 20 minutes, to Dubai Marina — 25 minutes, and to DWC Airport — about 40 minutes.

In terms of investment returns, property at Mina Rashid has high potential. Over the past three years, the cost of waterfront apartments in Dubai has increased by 50-70%, and the area continues to have growth potential due to limited supply. Already today, more than 25,000 rental agreements have been signed in the surrounding neighbourhoods, indicating high and sustained demand, especially for 1-2 bedroom residences.

Property prices at Ellington Portside Square at Mina Rashid start at 1 109 000 AED (302 000 $) for a studio. One-bedroom apartments in the project cost from 2 148 000 AED (584 900 $), two-bedroom units from 3 275 000 AED (891 800 $), and three-bedroom ones from 4 825 000 AED (1 313 800 $). You can buy a penthouse at Ellington Portside Square starting at 9 635 000 AED (2 623 600 $). The average price of real estate in the project ranges from 2 800 AED (800 $) to 3 200 AED (900 $) per sqft. The developer offers a flexible interest-free 70/30 payment plan: 20% on booking, 50% during construction, and the remaining 30% upon handover, scheduled for Q4 2029.