Off-plan · Freehold
Portside Square
by Ellington Properties · handover Q4 2029
Portside Square, in plain numbers.
Portside Square is an off-plan commercial project by Ellington Properties in Rashid Yachts & Marina (Madinat Dubai Almelaheyah), Dubai. It is registered with the Dubai Land Department as project 4213, a mixed use - residential & with retails @ ground ( office, retails & restaurant ) 3 residential buildings (shared g+1p+( 3x 16th floors +r) and amenities building (g+p+2) scheme, with works dated from September 2026. Handover is planned for Q4 2029. 428 units are registered, mostly one-bedroom homes of about 807 sq ft and 2-bedroom homes of about 1,302 sq ft. The register shows 133 sales since October 2026, 133 of them in the last twelve months, at a median of AED 2,944 per sq ft.
- Entry price under AED 2.5M
- 26% above ready resales in Madinat Dubai Almelaheyah per sq ft
- 133 registered sales in 12 months
Land Department approved projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.
What is in Portside Square.
Units by type from Dubai Land Department data, the prices they have sold at, and the developer’s price list on request.
| Type | Units in the project | Typical size | DLD sales, 2 years | Median price | AED / sq ft |
|---|---|---|---|---|---|
| Studio | 54 | 409 sq ft | 19 | AED 1,311,828 | 3,199 |
| 1 bedroom | 171 | 807 sq ft | 51 | AED 2,441,828 | 3,082 |
| 2 bedrooms | 150 | 1,302 sq ft | 49 | AED 3,619,828 | 2,867 |
| 3 bedrooms | 30 | 1,755 sq ft | 11 | AED 5,069,828 | 2,894 |
| 4 bedrooms | 3 | 3,444 sq ft | — | — | — |
Matched to the Land Department project Portside Square (project no. 4213).
How you pay.
Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.
Send me the payment planWhat Portside Square actually sells for.
Registered sale prices, not the developer's list prices.
| Date | Bedrooms | Sq ft | Price | AED / sq ft | Stage |
|---|---|---|---|---|---|
| 9 Nov 2026 | 2 B/R | 1,392 | AED 4,028,828 | 2,894 | Off-plan |
| 9 Nov 2026 | 2 B/R | 1,238 | AED 3,619,828 | 2,924 | Off-plan |
| 9 Nov 2026 | 1 B/R | 812 | AED 2,405,828 | 2,963 | Off-plan |
| 9 Nov 2026 | 3 B/R | 1,746 | AED 5,018,828 | 2,875 | Off-plan |
| 9 Nov 2026 | 3 B/R | 1,750 | AED 5,218,828 | 2,982 | Off-plan |
| 9 Nov 2026 | Studio | 410 | AED 1,359,828 | 3,317 | Off-plan |
| 9 Nov 2026 | 2 B/R | 1,392 | AED 4,125,828 | 2,964 | Off-plan |
| 9 Nov 2026 | 3 B/R | 1,746 | AED 5,085,828 | 2,914 | Off-plan |
Source: Dubai Land Department open data, matched by the project name the Land Department uses. Unit numbers are never shown.
Where it is.
Rashid Yachts & Marina, Mina Rashid, Dubai.
What it costs beyond the price.
- Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
- No agency fee to you when you buy from the developer: the developer pays our commission.
- Your payments go into the project's escrow account, released to the developer as construction is certified.
- At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.
General guidance; we confirm every fee for this project in writing before you reserve.
Questions people ask.
When is Portside Square handed over?
The developer plans handover for Q4 2029. Launch dates can move, and we track the registered progress for you.
Who is the developer of Portside Square?
Ellington Properties (registered as Ellington Pcfc Mr Development L.L.C). The project is registered with the Dubai Land Department as number 4213.
What is the payment plan for Portside Square?
The developer shares the current plan with the price list; message us and we send both, usually the same day.
What is the price per square foot in Portside Square?
Registered sales over the last 12 months have a median of AED 2,944 per sq ft, against about AED 2,329 for ready homes in Madinat Dubai Almelaheyah.
Can foreigners buy in Portside Square?
Yes. Portside Square is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.
Is buying off-plan safe?
Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the Land Department sales before we recommend a project.
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