Portside Square Tower 1 | 2BR Apartment | Dubai Maritime City | Ellington | Muhalab Adam | Strategic Real Estate Intelligence
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Portside Square - Tower 1 | 2BR Apartment | Dubai Maritime City | by Ellington

2-Bedroom Apartment in Portside Square Tower 1, Dubai Maritime City — Ellington Properties Off-Plan

Dubai Maritime City·Developer: Ellington Properties

2 BR 1,221.39 sqftOff-Plan
AED 3,596,828
Quick Answer

This is a 2-bedroom off-plan apartment in Portside Square - Tower 1 by Ellington Properties, located in Dubai Maritime City, priced at AED 3,596,828. Unit I-602 offers 1,221 sqft and suits buyers seeking a branded Ellington residence with a 70/30 payment plan and listed service charge and price-per-square-foot details.

Description

Portside Square Tower 1 introduces a considered 2-bedroom apartment to Dubai Maritime City — a waterfront maritime free zone that is repositioning itself as one of Dubai's emerging waterfront residential addresses. The residence spans a total built-up area of 1,221 sqft, comprising 1,088 sqft of internal living space and a 134 sqft external area, giving the floor plan a practical balance of covered living and outdoor transition space.

Developed by Ellington Properties under an off-plan programme, this apartment is listed at AED 3,596,828 — equivalent to approximately AED 2,945 per sqft on the total built-up area. The acquisition is structured on a 70/30 payment plan, meaning 70% is payable during the construction phase and the remaining 30% is due on handover. Buyers evaluating the holding cost should note a service charge of AED 17 per sqft per year, which on this specific unit equates to a fixed annual figure based on the 1,221 sqft floor area.

Dubai Maritime City occupies a strategic coastal position and is classified as a maritime free zone, a distinction that shapes both its infrastructure profile and its longer-term development trajectory. For a fuller picture of the area's connectivity, master-plan boundaries, and lifestyle context, the Dubai Maritime City community guide covers the district in detail.

Buyers who are still shortlisting locations and project types may find it useful to read the platform's independent analysis of the best areas to buy off-plan property in Dubai, which places Dubai Maritime City alongside competing waterfront and urban districts. Those who want a numbers-focused framework for evaluating any off-plan acquisition — payment schedules, RERA registration, escrow accounts, and handover risk — should consult the off-plan apartments in Dubai buyer's guide before committing.

This listing is sourced directly from the developer. No rental figure is disclosed at this stage; enquire via the on-page form for a live indicative yield benchmark against comparable Dubai Maritime City units. To browse additional off-plan projects across Dubai, the full inventory is accessible by project, developer, and district.

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Area Guide

Dubai Maritime City

Maritime free zone with shipyard facilities and waterfront development.

Avg. Price: AED 3,091/sqftRental Yield: 5.0%

Highlights

2BR Apartment1221 sqftPayment Plan 70/30Portside SquareDubai Maritime City

Investment Insight

Payment Plan: 70/30 · Service Charge: AED 17/sqft/yr · Price per sqft: AED 2,945.

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