Dubai, UAE Portside Square | Ellington Waterfront Apartments | 1-4 bedrooms, starting from AED 2,224,000
United Arab Emirates · Dubai
Basic Information
New Property
Property Nature
Under Construction
Property Status
Apartment
Property Type
Freehold
Property Right Type
Location Information
- Country
- United Arab Emirates
- City
- Dubai
- Address
- Dubai Mina Rashid (Rashid Yachts & Marina Bay, the redevelopment area of the old Port Rashid), adjacent to the Queen Elizabeth 2 (QE2) cruise ship hotel and yacht marina.
Layout Information
- Main Layout
- One Bedroom
- Available Layouts
- Studio / One Bedroom / Two-Bedroom / Three-Bedroom / Four-Bedroom
Property Images
Investment Information
- Additional Fees
- Service feeAED 17 / sqft / year
Description
Project Name: Portside Square by Ellington Properties Developer: Ellington Properties (Dubai-based design-driven boutique developer, known for Ocean House, Belgravia, etc.) Architectural Planning: 3 sculptural residential towers (G+P+16 floors), totaling 408 units Ownership: Freehold Unit Types and Areas (sqft): Studio: 395.9 – 453.81 1 Bedroom: 767.9 – 914.5 2 Bedroom: 1,172.94 – 1,377.46 2 Bedroom + Study: 1,370 – 1,533.21 3 Bedroom: 1,723 – 1,874.53 4 Bedroom Duplex Penthouse: 3,440.79 Single-Floor Density: Approximately 6–10 units per floor per building Ceiling Height: Approximately 3.6 m Parking: 1 parking space for Studio–2 Bedroom units, 2 parking spaces for 3–4 Bedroom units Expected Completion: Q4 2029 (RERA registration 2029-11-30) Starting Price: Approximately AED 2,224,000 Payment Plan: 20% booking + 50% during construction in installments + 30% on handover (common 70/30 structure)
Location Description
Transportation Information Dubai International Airport DXB: approximately 10 minutes by car Sheikh Zayed Road: approximately 6 minutes connection Downtown Dubai / Dubai Mall / Burj Khalifa: approximately 10 minutes DIFC Dubai International Financial Centre: approximately 14–22 minutes World Trade Centre: approximately 10 minutes Dubai Creek / Old City Bur Dubai / Gold Souk / Spice Souk: 10–15 minutes Palm Jumeirah: approximately 20 minutes; Dubai Marina: approximately 25–28 minutes; Al Maktoum Airport DWC: approximately 40 minutes Rail transit (current status): nearest metro is Al Ghubaiba Metro Station (Green Line), approximately 4 minutes by car / slightly farther on foot; nearby bus stops (C09, etc.) about 5 minutes by car. The planned Dubai Metro Gold Line is expected to open in 2032, currently mainly relying on roads + taxis Within the community: Mina Rashid internal waterfront promenade, yacht marina, Ferry Station water taxi node are all accessible on foot or by bicycle Education Information (10–25 minutes by car) New Academy School (Al Raffa): approximately 14 minutes Ambassador School / Ambassador International Academy (Mankhool): approximately 11–12 minutes GEMS Winchester School: approximately 14 minutes Grammar School Dubai / GEMS Legacy School: accessible in the same area Early education: multiple nurseries and early learning centres in Bur Dubai, Karama, Jumeirah area (such as Little Diamond Nursery, Ambassador Nursery, etc.), 10–15 minutes by car Medical Information (8–23 minutes by car) Aster Hospital – Mankhool: approximately 8–12 minutes Rashid Hospital (Dubai's established public hospital): approximately 10–22 minutes International Modern Hospital (towards Oud Metha): approximately 12 minutes American Hospital Dubai (Oud Metha): approximately 23 minutes Emirates Hospital Jumeirah / Medeor 24×7 Hospital: reachable within 20 minutes Daily clinics: DHA clinic, iCARE Clinic, etc. in Al Karama and Mankhool areas covered within 15 minutes Surrounding Amenities Waterfront and Landmarks QE2 Cruise Hotel (1 minute walk), Mina Rashid Yacht Marina (2 minutes) 500m canal-shaped pool, Private Beach Club, waterfront commercial promenade Planned Dubai Mall by the Sea, The Theatre sea theatre Commercial and Lifestyle BurJuman Mall: approximately 16 minutes Old City Meena Bazaar, Gold Souk, Spice Souk: 10–15 minutes Daily supermarkets Spinneys / VIVA / West Zone: within 10 minutes Internal Community Facilities (Ellington Standard) Leisure pool + children's splash area, pavilions, yoga area High-end fitness centre (strength/cardio/TRX), spa (sauna/steam/aromatherapy) Club lounge, billiards/darts/e-sports area, private cinema, co-working space Landscaped gardens, open-air amphitheatre, children's playground, jogging track, flexible lawn
Investment Highlights
Project Core Advantages 1. Scarce freehold waterfront property: Mina Rashid old port transformed into a bay area, Ellington is the only non-Emaar development in this area, with unobstructed sea views and marina views that cannot be replicated. 2. Half garden, half sea: 3 towers with staggered terrace design, every unit enjoys garden/sea/city views, low density with 6–10 units per floor. 3. Design and developer endorsement: Ellington's "Living Elegance" approach, glass curtain walls + 3.6m ceiling height + high-standard interior finishes, strong resale premium potential. 4. Golden 10-minute transportation circle: DXB Airport, Downtown, WTO, Zayed Road all within 10 minutes, stable short-term business travel demand. 5. Cruise hub dividend: QE2 + cruise terminal + 430-berth yacht marina, naturally high-net-worth tourist pool, Airbnb/serviced apartment rental resilience higher than ordinary old city properties. 6. Price undervalued: Compared to Palm Jumeirah / Bluewaters at 5000+ AED/sqft, this project starts at approximately 2.3M, competitive unit price, with expected appreciation of 20–30% before 2029 delivery (institutional estimate, not a promise). 7. 70/30 low-pressure payment: Only 50% payable during construction, capital occupation better than most Dubai off-plan properties.










