Reemah Elite Real Estate
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Projects·Dubai·Mina Rashid
Portside Square Tower 2, apartments in Mina Rashid, Dubai, by Ellington Properties
Off-PlanApartments

Portside Square Tower 2

Mina Rashid · Dubai · by Ellington Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 1.11M
entry price
Bedrooms
Studio-4BR
Apartments
Handover
Q4 2029
Off-Plan
Est. gross yield
On ask

Portside Square Tower 2 is an apartment development by Ellington Properties in Mina Rashid, Dubai. The project offers Studio to 4BR homes. Unit sizes run from 396 to 3,441 sqft. Launch pricing starts at AED 1,109,000. The published payment plan is 70/30: 20 percent on booking, 50 percent during construction, 30 percent on handover. Handover is scheduled for Q4 2029. Amenities include balcony or terrace, lobby in building, gym or health club, swimming pool, sauna, kids play area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 1,109,000
  • 70/30 payment plan
  • Handover Q4 2029
  • Studio-4BR homes
Payment structure
70/30
Modelled on entry price AED 1.11M
Booking / down payment20% · AED 221,800
During construction50% · AED 554,500
On handover30% · AED 332,700

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Portside Square Tower 2: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 221,800
DLD fee4%
AED 44,360
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 270,660
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Mina Rashid · Dubai
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EL
Developer
Ellington Properties
Tier 2 developer · Design-led developer; delivered the Belgravia series, DT1, Wilton Park Residences and other projects since 2014, with expansion beyond Dubai · since 2014
Track record →
Data provenance

Details for Portside Square Tower 2 are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Ellington Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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