What is the payment plan for Portside Square?

Portside Square by Ellington is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% on completion, as published by the developer.

How much is the booking amount for Portside Square?

20% of the price. On the cheapest unit at AED 2.4M that is AED 487,966.

How much do I pay before I get the keys to Portside Square?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.4M that is AED 2.4M by handover in Q4 2029.

Does Portside Square have a post-handover payment plan?

No. The published plan completes at handover in Q4 2029.

What are the registration fees on Portside Square?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.4M that is AED 97,593. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Portside Square?

Ellington publishes Q4 2029, which is 39 months from now.

Ellington · Mina Rashid · handover Q4 2029

Portside Square payment plan

Portside Square by Ellington in Mina Rashid, Dubai is sold on a 20/50/30 payment plan. On the cheapest unit, starting from AED 2.4M, that is AED 2.4M (100%) paid by handover in Q4 2029. Handover is 39 months away.

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The Portside Square payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	50%
On completion	30%

On the cheapest unit (1–4 BR, AED 2.4M)

On booking	AED 487,966
During construction	AED 1,219,914
On completion	AED 731,948
Total (100%)	AED 2,439,828
Months to handover	39

Percentages as published by Ellington. Dirham figures are those percentages applied to the published starting price of AED 2,439,828. Registration and other fees are not included.

The Portside Square instalment schedule, line by line

Every instalment Ellington publishes for Portside Square, in order, with the charges listed alongside the plan.

Payment Plan

Published by Ellington

Stage	Instalment	Share	On AED 2,439,828
On booking20%	DLD Feefee	4%	AED 97,593
	Registration Feefee	fixed	AED 3,150
	On booking	20%	AED 487,966
During construction50%	60 days after the reservation date	10%	AED 243,983
	120 days after the reservation date	10%	AED 243,983
	240 days after the reservation date	5%	AED 121,991
	360 days after the reservation date	5%	AED 121,991
	On completion of 20% construction of the project	5%	AED 121,991
	On completion of 30% construction of the project	5%	AED 121,991
	On completion of 40% construction of the project	5%	AED 121,991
	On completion of 50% construction of the project	5%	AED 121,991
On completion	as published	30%	AED 731,948
Total of the plan		100%	AED 2,439,828

Lines marked fee (DLD Fee, Registration Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Ellington; the dirham column applies each percentage to the published starting price of AED 2,439,828. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Portside Square

The same plan, applied to the starting price Ellington publishes for each size in the building.

Unit	From	On booking (20%)	During construction (50%)	On completion (30%)
1 bedfrom 783 sq ft	AED 2,439,828	AED 487,966	AED 1,219,914	AED 731,948
2 bedfrom 1,215 sq ft	AED 3,596,828	AED 719,366	AED 1,798,414	AED 1,079,048
3 bedfrom 1,724 sq ft	AED 5,403,828	AED 1,080,766	AED 2,701,914	AED 1,621,148
4 bedfrom 8,717 sq ft	AED 49,284,828	AED 9,856,966	AED 24,642,414	AED 14,785,448

Starting price per size as published by Ellington; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Portside Square

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Ellington and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
1 bed	AED 2,439,828	AED 97,593
2 bed	AED 3,596,828	AED 143,873
3 bed	AED 5,403,828	AED 216,153
4 bed	AED 49,284,828	AED 1,971,393

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Portside Square

Portside Square payment plan: questions buyers ask

What is the payment plan for Portside Square?: Portside Square by Ellington is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% on completion, as published by the developer.
How much is the booking amount for Portside Square?: 20% of the price. On the cheapest unit at AED 2.4M that is AED 487,966.
How much do I pay before I get the keys to Portside Square?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.4M that is AED 2.4M by handover in Q4 2029.
Does Portside Square have a post-handover payment plan?: No. The published plan completes at handover in Q4 2029.
What are the registration fees on Portside Square?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.4M that is AED 97,593. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Portside Square?: Ellington publishes Q4 2029, which is 39 months from now.