2-Bedroom Apartment in Portside Square Tower 3, Dubai Maritime City by Ellington Properties

A 2-bedroom apartment in Portside Square Tower 3 — one of Ellington Properties' off-plan waterfront residential towers positioned within Dubai Maritime City, the emirate's dedicated maritime free zone that is transitioning into a mixed-use waterfront district. The residence spans a total built-up area of 1,238 sqft, comprising approximately 1,055 sqft of internal living space and 184 sqft of external area — a layout that the balanced proportions typical of Ellington's mid-rise boutique developments.

The listed asking price is AED 3,778,828, equating to approximately AED 3,051 per sqft on total built-up area. Buyers considering this apartment against the wider off-plan landscape may find the comparative analysis in the 2026 buyer's shortlist for off-plan areas in Dubai a useful for contextualising price positioning across competing waterfront communities.

The acquisition is structured under a 70/30 payment plan: 70% payable during the construction phase, with the remaining 30% due on handover — a schedule that reduces the capital outlay concentration at the point of completion. The annual service charge is set at AED 17 per sqft, which translates to an indicative annual service fee of approximately AED 21,052 on the total built-up area. Prospective buyers should factor this into net holding-cost calculations prior to commitment.

For those approaching this as an income-generating asset, understanding the mechanics of off-plan purchasing in Dubai is essential before signing. The buyer's guide to off-plan apartments in Dubai covers escrow account obligations, RERA registration, and the key contractual milestones that govern developer-to-buyer delivery — without the marketing overlay.

Dubai Maritime City itself is a distinctive proposition: a master-planned zone that blends maritime-industrial heritage with contemporary waterfront living, offering a harbour-adjacent address without the premium ordinarily associated with established beachfront communities. For a fuller picture of infrastructure, connectivity, and the evolving residential character of the area, the Dubai Maritime City community guide provides detailed on-the-ground context. Additional off-plan options across Dubai are listed in the off-plan projects inventory.

Key figures at a glance: Total area 1,238 sqft · Internal 1,055 sqft · External 184 sqft · Price AED 3,778,828 · AED 3,051/sqft · Payment plan 70/30 · Service charge AED 17/sqft/yr · Developer: Ellington Properties · Status: Off-Plan.