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

Portside Square Tower 1 – 2-Bedroom Apartment in Dubai Maritime City by Ellington Properties

Dubai Maritime City·Developer: Ellington Properties

2 BR 1,214.92 sqftOff-Plan
AED 3,681,828
Quick Answer

This is a 2-bedroom off-plan apartment in Portside Square - Tower 1 by Ellington Properties in Dubai Maritime City, priced at AED 3,681,828. Unit I-1401 offers 1,214.92 sqft with a 70/30 payment plan, making it suitable for buyers seeking a branded off-plan residence or investors comparing price per sqft and service charge.

Description

This two-bedroom apartment in Portside Square Tower 1 is part of Ellington Properties' debut waterfront project within Dubai Maritime City, one of the emirate's most distinctive maritime free-zone addresses. The residence offers a total built-up area of 1,215 sq ft, comprising approximately 1,055 sq ft of internal living space and a 160 sq ft external area — a layout that balances practical everyday living with the openness of an outdoor extension.

Listed at AED 3,681,828 (approximately AED 3,031 per sq ft), the apartment is offered directly from the developer under Ellington's off-plan programme. A 70/30 payment plan structures the acquisition: 70% during construction and the remaining 30% on handover, giving buyers a clear and manageable cashflow timeline without having to commit the full purchase price upfront. The stated service charge is AED 17 per sq ft per year, which buyers should factor into their ownership cost modelling alongside the purchase price.

About the development and location
Portside Square sits within Dubai Maritime City, a purpose-built maritime district that combines port infrastructure and free-zone facilities with an emerging residential and waterfront dimension. For buyers weighing up multiple off-plan destinations across Dubai, the 2026 buyer's shortlist of best areas to buy off-plan property in Dubai provides a useful comparative framework — Dubai Maritime City's scarcity of residential supply relative to its strategic harbour position is one differentiating factor worth examining.

Ellington Properties as developer
Ellington Properties has built a reputation in the Dubai off-plan market for design-led residential projects. Buyers who want to understand how to evaluate off-plan commitments more broadly — including contract structure, payment milestones, and escrow protections — will find detailed guidance in the off-plan apartments buyer's guide that goes straight to the numbers.

Key figures at a glance

  • Property type: 2-Bedroom Apartment
  • Total area: 1,215 sq ft (1,055 sq ft internal + 160 sq ft external)
  • Listed price: AED 3,681,828 (~AED 3,031/sq ft)
  • Payment plan: 70/30 (construction / handover)
  • Service charge: AED 17/sq ft/year
  • Status: Off-Plan | Source: Direct – Developer
  • Project: Portside Square, Tower 1 | Developer: Ellington Properties

To explore further off-plan projects available in Dubai or to browse comparable Ellington releases, use the on-page enquiry form to request a live update on availability and handover timelines.

Location on the Map

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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 Apartment1215 sqftPayment Plan 70/30Portside SquareDubai Maritime City

Investment Insight

Payment Plan: 70/30 · Service Charge: AED 17/sqft/yr · Price per sqft: AED 3,031.

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