Portside Square: the DLD record
On 5 November 2026, the Dubai Land Department project register listed Portside Square (DLD project no. 4213) by Ellington Pcfc Mr Development LLC as active, 0% built, with completion filed for 31 December 2029. Its escrow account is open. The Land Department recorded 82 purchases here in 2026 (to 2 November 2026) at a median AED 2,602,828, or AED 2,944 per square foot.
- What do buyers actually pay?
- The median recorded 2026 purchase price is AED 2,602,828; the lowest recorded purchase was AED 1,215,828.
- Is it ready or off-plan?
- Off-plan. 0% built at the last DLD inspection; completion filed for 31 December 2029.
- Which unit sizes sell here?
- Of the recorded 2026 purchases to 2 November 2026, 17% were studios and 43% one-bedrooms.
Check it yourself: search DLD project no. 4213 in the Dubai REST app (Project Status Enquiry). Figures come from the DLD register and DLD sales records, not from the developer or agents.
Broker or developer? Show this DLD record on your own listing, free: it updates itself and sends enquiries to your WhatsApp.
Portside Square Payment Plan
If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.
What Actually Sold at Portside Square
What buyers actually paid, from Dubai Land Department records. Data as of 2 Nov 2026.
What buyers bought
| Unit size | Sales | Share |
|---|---|---|
| 1 B/R | 35 | 43% |
| 2 B/R | 29 | 35% |
| Studio | 14 | 17% |
| 3 B/R | 3 | 4% |
| 4 B/R | 1 | 1% |
What the DLD register records
| Registered units | 428 |
| Escrow account | Open — units may lawfully be sold |
| Registered completion | 31 Dec 2029 — marketed as Q4 2029 (DLD registers 31 December 2029) |
| Construction progress | 0% complete |
Where the registered completion date and the marketed handover date differ, the date in your sale agreement is the one that governs. Get it in writing.
Source: Dubai Land Department, 2026. Medians move as more sales register, and do not separate developer sales from resales.
Own a unit here? See what it is worth from these sales → · Search all DLD transactions in Dubai →
Before You Pay: Check Portside Square Against the DLD Register
Marketing material is written by the seller. The Dubai Land Department register is not. These are the facts filed with the government for this project — escrow status, unit count, construction progress and the completion date on record. Free, no email needed.
Want to know if any of this changes?
We read the DLD register every morning. If the escrow status, completion date or unit count changes for Portside Square, we will email you. Nothing else.
Portside Square Handover Date & Construction Progress
What the Dubai Land Department register records for Portside Square as of 5 November 2026: how far it is built, the completion date filed with the DLD, and whether the escrow account is open. We track buildings registered or due to complete in 2026; phases outside that window are not listed.
The completion date that binds the developer is the one in your sale agreement (SPA) or Oqood. If it differs from the DLD filing above, ask why before you pay. What the escrow rules require →
Selling Portside Square? Put this live DLD status on your listing, with your WhatsApp button →
Property Overview
Portside Square unit types & floor plans
| Unit | From | Share of recorded sales |
|---|---|---|
| Studio | – | 17% |
| 1 Bed Apartment | AED 2,300,000 | 43% |
| 2 Bed Apartment | – | 35% |
| 3 Bed Apartment | – | 4% |
| 4 Bed Penthouse | – | 1% |
Share of 82 Dubai Land Department sales in 2026 where the unit size was recorded — the layout most people bought is the one you will compete with at resale. Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.
Will Portside Square hand over on time?
The filed date is consistent with the work remaining
Completion is filed for 31 December 2029, 37 months away, with construction at 0%. On the register that schedule is consistent with the amount of work left, though a filed date is never a contractual one — get the date and its penalties into your agreement.
- Filed completion31 December 2029
- Months remaining37
- Registered units428
Portside Square Location & Master Plan
Amenities & Facilities
Is Portside Square a good investment? Our view
428 waterfront units by Ellington beside Rashid Yachts & Marina from AED 2.3M — a strong developer and a scarce location, with a 2029 horizon and an escrow account that was not yet open when marketing began.
Who it suits
Best suited for lifestyle buyers and long-hold investors who want marina-adjacent waterfront from an established design-led developer and can commit capital until 2029. Poorly suited to yield-first buyers, where the entry price caps gross returns well below mid-market Dubai.
For investors
Start with what is defensible. Ellington has a real delivery record and a design reputation that holds resale value better than the volume builders, and marina-adjacent waterfront in the Mina Rashid regeneration is genuinely scarce — you cannot build more shoreline. Direct access to Rashid Yachts & Marina and its promenade is the durable part of this purchase.
Now the arithmetic. At AED 2.3 million entry, gross yields here will sit meaningfully below the 7–8% that Dubailand and JVC produce; you are buying for capital appreciation and lifestyle demand, not cash flow, so underwrite it that way. A Q4 2029 completion means over three years of market exposure before you hold anything, which is a long time in a market absorbing record supply.
And the operational point that matters most today: at DLD registration on 5 August 2026 the escrow account was not yet open, while marketing was already running with prices. Get the escrow account number in writing and verify it against the DLD register before any payment — that mechanism is the only thing standing between your deposit and a developer's general funds.
If you will live there
For end users, Portside Square offers waterfront living beside a working marina, minutes from Downtown, DIFC and DXB, in a district being rebuilt around promenades, beach access and yacht berths rather than retrofitted around traffic. The trade-offs are the 2029 wait and a price point where inland Dubai buys considerably more space.
How Dubai Maritime City compares
Thinking about Portside Square? See how its area stacks up on recorded prices, unit mix and delivery.
FAQs
Is the escrow account open for Portside Square?
At the point of Dubai Land Department registration on 5 August 2026, the escrow account was recorded as not yet open — while the project was already being marketed with prices across multiple broker sites. Escrow accounts usually open within weeks of registration, so this may well have changed since. The action for you is unchanged: ask for the escrow account number in writing and verify it against the DLD register before transferring any money. Until escrow is open, a payment is not protected by the mechanism the law created for off-plan buyers.
Is Portside Square in Mina Rashid or Dubai Maritime City?
Both, depending on which record you read. Marketing places it at Mina Rashid; the DLD registers it under the cadastral name Madinat Dubai Almelaheyah, which is Dubai Maritime City. These are adjacent parts of the same regenerated port district, so neither description is wrong — but check the title deed for the registered community name, since that is what governs.
How many units does Portside Square have?
428 units in total. The DLD file describes three residential buildings sharing a podium, each of 16 floors, plus a separate office building and an amenities block, with a declared project value of AED 350 million.
What is the price of Portside Square?
Marketing quotes from AED 2.3 million, covering studios through to four-bedroom penthouses. At that entry point gross rental yields will sit well below the 7–8% available in Dubai's mid-market communities — this is a capital-appreciation and lifestyle purchase, not a cash-flow one.
When is the handover of Portside Square?
Marketing quotes Q4 2029 and the DLD registry records 31 December 2029, so the two agree. Construction is registered as starting 5 August 2026, meaning over three years of market exposure before you hold the asset.
Who is the developer of Portside Square?
Ellington Properties, registered for this project under the special-purpose entity Ellington PCFC MR Development L.L.C. Ellington has a genuine delivery record and a design reputation that supports resale, which is a meaningful advantage over the volume builders launching alongside it.
Is Portside Square a good investment?
The durable arguments are a credible developer and marina-adjacent waterfront in a regenerating district — shoreline cannot be replicated by later supply. The counterweights are a yield well below mid-market Dubai, a 2029 handover carrying three years of market risk, and the escrow point above. It suits a long-hold buyer who verifies escrow properly first, not someone chasing rental income.
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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.