Mina Rashid: a working harbour turned residential district
An old port being rebuilt as a quarter with a marina and a promenade. Port redevelopment has real strengths and leaves specific things behind.
Portside Square
Mina Rashid · Ellington Properties
Project factsheet
Developer Ellington Properties
Status Under construction
District Mina Rashid
Layouts 1 and 2 bedrooms
Photos and renders of the building and grounds — not of this particular unit.
1 / 3
Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
Developer prices
These are the starting prices as of the date shown, not today's list: off-plan they are revised several times a year, and more often upwards than down.
- 1 bedroom from AED 2 500 000 as of 20 August 2026
- 2 bedrooms from AED 3 500 000 as of 20 August 2026
- Commercial units from AED 17 200 000 as of 20 August 2026
- Developer
- Ellington Properties
Figures come from the developer's own materials sent to brokers, dated 20 August 2026. The commentary behind them is written up in the Russian version of this page.
About the building
A residential building in Mina Rashid, currently under construction. Developer — Ellington Properties.
Specifications for Portside Square as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
About the project
Portside Square is a residential building in Mina Rashid.
The developer is Ellington Properties.
Layouts, according to the sales-launch announcement — 1 and 2 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
An Ellington building under construction in Mina Rashid by the old harbour: one-beds from AED 2.5 million and two-beds from AED 3.5 million per the developer's August summary.
What it is
Portside Square is a residential building by Ellington Properties in Mina Rashid. Status: under construction; the sales launch listed one- and two-bedroom apartments plus commercial units.
Storeys, unit count and handover date aren't in the data. We have no lots in the building in our stock as of 21 September 2026.
Developer prices
Ellington's summary of 20 August 2026: one-beds from AED 2.5 million, two-beds from AED 3.5 million. Commercial units from AED 17.2 million — but that figure dates from 11 May 2026.
A separate unit from the 13 July mailing: a two-bed of 1,214 ft² on a high floor with a Burj Khalifa view at AED 3,681,828. The view is part of the price, and the premium shows when you set it against the two-bed entry price.
These are starting prices as of the mailing; off-plan prices get revised, more often upwards.
Mina Rashid
Nakheel is turning the former Port Rashid into a residential district with a yacht marina and the Queen Elizabeth 2 liner moored at the quay. Only a small part of the site is built so far.
The district in our database: 27 lots, median AED 3.4 million, entry from AED 1.72 million, AED 2,518/ft²; 15 of the 27 lots are off-plan.
Developer data: Ellington Properties, status "under construction", 1 and 2 bedrooms; starting-price summary of 20 August 2026, unit from the 13 July 2026 mailing, commercial price as of 11 May 2026. Our stock as of 21 September 2026: no lots in the building; Mina Rashid median, entry price, price per square foot and stock structure.
Where it is
The pin is placed by district — I send the exact address on request.
Nothing in the stock for this project right now
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Mina Rashid.
Ask about this projectFrequently asked about Portside Square
Who is the developer of Portside Square?
Ellington Properties.
What layouts are there in Portside Square?
1-bedroom and 2-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Portside Square?
Mina Rashid. The old Port Rashid, being converted by Emaar into a waterfront district with a superyacht marina and the QE2 in the harbour.
How much does an apartment in Portside Square cost?
Our database has no open listings for Portside Square at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
In the news
What has been written about the building, its developer and Mina Rashid
Mina Rashid: living next to the cruise terminal and its schedule
Ship calls bring surges of people and traffic to the district. Those surges run to a calendar, and it is published in advance.
Ellington Properties: what a boutique developer trades away
A company that builds few buildings and competes on architecture and floor plans. What the boutique format gives on quality and costs on liquidity, and what needs checking with a smaller developer.
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Ask a question
Telegram is the fastest way — I answer personally.
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