Mina Rashid · Ellington Properties
Photos and renders of the building and grounds — not of this particular unit.
Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
These are the starting prices as of the date shown, not today's list: off-plan they are revised several times a year, and more often upwards than down.
Figures come from the developer's own materials sent to brokers, dated 13 October 2026. The commentary behind them is written up in the Russian version of this page.
A residential building in Mina Rashid, currently under construction. Developer — Ellington Properties.
Portside Square is a residential building in Mina Rashid.
The developer is Ellington Properties.
Layouts, according to the sales-launch announcement — 1 and 2 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
An Ellington building under construction in Mina Rashid by the old harbour: one-beds from AED 2.5 million and two-beds from AED 3.5 million per the developer's August summary.
Portside Square is a residential building by Ellington Properties in Mina Rashid. Status: under construction; the sales launch listed one- and two-bedroom apartments plus commercial units.
Storeys, unit count and handover date aren't in the data. We have no lots in the building in our stock as of 21 September 2026.
Ellington's summary of 20 August 2026: one-beds from AED 2.5 million, two-beds from AED 3.5 million. Commercial units from AED 17.2 million — but that figure dates from 11 May 2026.
A separate unit from the 13 July mailing: a two-bed of 1,214 ft² on a high floor with a Burj Khalifa view at AED 3,681,828. The view is part of the price, and the premium shows when you set it against the two-bed entry price.
These are starting prices as of the mailing; off-plan prices get revised, more often upwards.
Nakheel is turning the former Port Rashid into a residential district with a yacht marina and the Queen Elizabeth 2 liner moored at the quay. Only a small part of the site is built so far.
The district in our database: 27 lots, median AED 3.4 million, entry from AED 1.72 million, AED 2,518/ft²; 15 of the 27 lots are off-plan.
Developer data: Ellington Properties, status "under construction", 1 and 2 bedrooms; starting-price summary of 20 August 2026, unit from the 13 July 2026 mailing, commercial price as of 11 May 2026. Our stock as of 21 September 2026: no lots in the building; Mina Rashid median, entry price, price per square foot and stock structure.
Since the start of 2026 (to 10 November) the Dubai Land Department has registered 74 sales in Portside Square, at a median price of AED 2 571 328 (AED 2 944 per sq ft).
| Year | Sales | Median price | AED/sqft | Total value |
|---|---|---|---|---|
| 2026, to 10 November | 74 | AED 2 571 328 | 2 944 | AED 204.1m |
Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 100%.
| Type | Annual rent | Contracts | Gross yield |
|---|---|---|---|
| 1-bedroom | AED 72 000 | 41 | — |
| 2-bedroom | AED 110 000 | 70 | 4.4% |
Median Ejari contract (November 2025 — October 2026) across the whole community rather than this building: rents are not published building by building. Gross yield — before service charges, vacancy and fees.
| Date | Unit | Status | Size, sq ft | Price | AED/sqft |
|---|---|---|---|---|---|
| 29/10/2026 | Apartment, studio | off-plan | 452 | AED 1 289 828 | 2 856 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 821 | AED 2 636 828 | 3 213 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 821 | AED 2 570 828 | 3 132 |
| 29/10/2026 | Apartment, 2-bedroom | off-plan | 1 206 | AED 3 491 828 | 2 895 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 803 | AED 2 546 828 | 3 173 |
| 29/10/2026 | Apartment, 2-bedroom | off-plan | 1 196 | AED 3 228 828 | 2 699 |
| 29/10/2026 | Apartment, studio | off-plan | 423 | AED 1 233 828 | 2 918 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 773 | AED 2 445 828 | 3 164 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 800 | AED 2 442 828 | 3 055 |
| 29/10/2026 | Apartment, 1-bedroom | off-plan | 792 | AED 2 377 828 | 3 004 |
| 29/10/2026 | Apartment, studio | off-plan | 423 | AED 1 278 828 | 3 025 |
| 29/10/2026 | Apartment, 2-bedroom | off-plan | 1 204 | AED 3 578 828 | 2 973 |
Buyer, seller and unit number are not part of the Land Department open data.
Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.
The pin is placed by district — I send the exact address on request.
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Mina Rashid.
Ask about this projectEllington Properties.
1-bedroom and 2-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Mina Rashid. The old Port Rashid, being converted by Emaar into a waterfront district with a superyacht marina and the QE2 in the harbour.
Our database has no open listings for Portside Square at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
What has been written about the building, its developer and Mina Rashid
Berkeley Tower is Ellington Properties' AED 2.8 billion office tower in Business Bay: 60 floors above ground, 109 offices, an indicative AED 4,300–4,800 per sq ft, a 70/30 payment plan and handover in Q3 2030.
An old port being rebuilt as a quarter with a marina and a promenade. Port redevelopment has real strengths and leaves specific things behind.
Ship calls bring surges of people and traffic to the district. Those surges run to a calendar, and it is published in advance.
A company that builds few buildings and competes on architecture and floor plans. What the boutique format gives on quality and costs on liquidity, and what needs checking with a smaller developer.
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Telegram is the fastest way — I answer personally.
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