Portside Square Tower 1 – 2BR Apartment in 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 1,348.07 sqftOff-Plan
AED 3,690,828
Quick Answer

This is a 2-bedroom off-plan apartment in Portside Square - Tower 1 by Ellington Properties, located in Dubai Maritime City. Unit I-103 spans 1,348 sqft and is priced at AED 3,690,828, with a 70/30 payment plan, making it suitable for buyers seeking a branded modern residence with defined size, pricing, and payment structure.

Description

This two-bedroom apartment in Portside Square Tower 1 sits inside one of Ellington Properties' most anticipated waterfront addresses: Dubai Maritime City, the emirate's dedicated maritime free zone where working harbour infrastructure meets an emerging residential waterfront. The combination of a maritime-heritage setting and a design-led developer makes this an uncommon proposition in Dubai's off-plan landscape.

The residence spans a total built-up area of 1,348 sqft, comprising 1,085 sqft of internal living space and a generous 264 sqft external area — a layout that keeps the living zones private while opening meaningful outdoor space for the maritime surroundings. The listed asking price is AED 3,690,828, translating to approximately AED 2,738 per sqft.

Buyers opting in at the off-plan stage benefit from a structured 70/30 payment plan: 70 % payable during construction and 30 % on handover under Ellington's off-plan programme. The annual service charge is AED 17 per sqft per year, giving prospective owners a clear holding-cost baseline for financial modelling. The property is sourced directly from the developer.

If you are weighing Dubai Maritime City against other waterfront and masterplan communities currently on the market, the curated shortlist in the 2026 buyer's guide to the best areas for off-plan property in Dubai provides a district-by-district comparison without the marketing noise. For a broader look at how off-plan contracts, payment structures, and handover timelines actually work, the off-plan apartments buyer's guide goes straight to the mechanics buyers need to understand before signing.

To browse other off-plan projects across Dubai or explore additional units in the live inventory, use the on-page enquiry form to request current availability and a direct developer brochure for Portside Square.

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 Apartment1348 sqftPayment Plan 70/30Portside SquareDubai Maritime City

Investment Insight

Payment Plan: 70/30 · Service Charge: AED 17/sqft/yr · Price per sqft: AED 2,738.

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