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About This Project
Portside Square is Ellington Properties' new waterfront launch at Mina Rashid, offering studios through to 4-bedroom penthouses across a boutique coastal building. Apartments range from 395 sq ft studios to 3,440 sq ft penthouses, with flowing layouts, premium finishes, and direct views of the Arabian Gulf, Dubai Marina, and Downtown Dubai skyline. The "Live by Design" philosophy is visible in every detail — from the curved architectural lines to the curated wellness and social amenities. Mina Rashid is one of Dubai's most ambitious coastal master plans, positioned between Port Rashid and Dubai Maritime City. Residents are minutes from the historic heart of Dubai while enjoying a genuine seaside address — with promenades, marinas, and the sea as daily backdrop. The community is growing fast, with infrastructure and connectivity improving alongside major waterfront developments. With a 70/30 payment plan — 20% on booking, 50% during construction, 30% on handover — entry is structured to reduce financial exposure. Prices start at AED 2.3M for 1-bedroom units, and handover is targeted for Q4 2029. Mina Rashid's ongoing transformation makes this a compelling long-term hold or premium rental asset in a supply-constrained waterfront district.
Investment Highlights
ROI benchmarks of ~5–7% for Dubai Maritime City and nearby seafront communities such as Dubai Marina
Prime peninsula location between Port Rashid and historic Deira, with direct marina promenades across 249 hectares
Dubai luxury apartment values rose ~19% in 2024, highlighting strong capital appreciation momentum
Eligible for UAE 10-year Golden Visa with property investments from AED 2M+, increasing attractiveness for international buyers
Payment Plan
70/30
