What is the rental yield in Portside Square - Tower 1?

No gross yield is published for Portside Square - Tower 1 as of 2 Nov 2026: no rental contract is registered for it yet. In the last 12 months it had 19 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Mina Rashid median is 4.7% gross.

How much does a 1 bedroom in Portside Square - Tower 1 cost?

The median registered sale price is AED 2.44M (3,004 AED/sqft), from 19 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How many apartments change hands in Portside Square - Tower 1?

19 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Data to 2 Nov 2026

Portside Square - Tower 1

A 1 bed in Portside Square - Tower 1 costs a median AED 2.44M.

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Price per sq ft, 1 bed: 3,004 AED/sqft; 19 sales
Sales, 12 months: 42; 0 the year before

1 bed · typical price

2.44M AED

AED 3,004/sqft

vs Mina Rashid: 27% above
Cost to buy, all in: AED 2.60M

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Is Portside Square - Tower 1 a good investment? Lots of new supply is coming; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
How fast do fees pay back?AED 153,213 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 153,213
Can I sell easily?42 sales in 12 months (0 the year before)42
Is a lot being built nearby?1,945 apartments are planned in Mina Rashid from 2026 to 2028, equal to 15.2 times the 128 homes let there today. A further 154 are past their planned date. Mina Rashid supply by year →1520%Watch
Did earlier buyers gain?Up 0% for launch buyers, before fees0.0%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 2 Nov 2026

Check an asking price →How each reading works →

Portside Square - Tower 1 prices and rents by unit typeA one-bed costs about AED 2.44M

Type	Median price	New rent	12 m change
Studio	AED 1.28M3,025/sqft	not yet let	not yet let	no prior year7 sales
1 bed	AED 2.44M3,004/sqft	not yet let	not yet let	no prior year19 sales
2 bed	AED 3.58M2,867/sqft	not yet let	not yet let	no prior year15 sales
3 bed	AED 4.94M2,865/sqft	not yet let	not yet let	under 5 sales in a year1 sale

Gross yield is the new-lease rent over the price benchmark, before service charge; the change under it is against the Mina Rashid median for the type. Sales are registered sales in the 12 months to 2 Nov 2026. Every yield is gross: the 4% DLD transfer fee, agency fee, mortgage, vacancy and furnishing are not in it.

Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Mina Rashid · area median AED 2,360/sqft

vs area median: +27.3%
Rank by price per sqft: 3rd of 21

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing: a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department: data to 2026-11-02.

Median price paid by year, 1 bed, with fainter bars resting on fewer sales. Too few monthly records in Portside Square - Tower 1 to draw an honest monthly line. The last bar, 2026, is the year to 2 Nov 2026; the trailing 12-month figure above runs back a full year from the same date, so the two can differ.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,939 · before fees

Launch, 2026: 0%; 2,939; 42 sales
Last 12 months: Today; 2,939; 42 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Mina Rashid

Every Mina Rashid building with a page, ranked by price per sqft over the same 12 months, all unit types. Portside Square - Tower 1 places 7th of 30; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12 m change	Sales
3	Baystar by VIDA Tower 26% · Q4 2029 · off-plan 2,960/sqft	AED 4.50M	3,214+9.4%	n/a	+8.7%	23
4	Portside Square - Tower 30% · Q4 2029 · off-plan 3,013/sqft	AED 2.57M	3,013+2.5%	n/a	n/a	19
5	Marina Place 22% · Q4 2028 · off-plan 2,678/sqft	AED 3.56M	2,974+1.2%	n/a	n/a	4
6	Fior 10% · Q3 2030 · off-plan 2,952/sqft	AED 2.32M	2,952+0.5%	n/a	n/a	66
7	Portside Square - Tower 1 · this building0% · Q4 2029 · off-plan 2,939/sqft	AED 2.60M	2,939	n/a	n/a	42
8	Aurea0% · Q2 2030 · off-plan 2,928/sqft	AED 2.87M	2,928−0.4%	n/a	n/a	158
9	Portside Square - Tower 20% · Q4 2029 · off-plan 2,924/sqft	AED 2.52M	2,924−0.5%	n/a	n/a	27
10	SERA 1 - Tower A0% · Q4 2029 · off-plan 2,815/sqft	AED 2.26M	2,815−4.2%	n/a	n/a	35
11	SERA 2 - Tower A0% · Q4 2029 · off-plan 2,789/sqft	AED 2.32M	2,761−6.0%	n/a	−1.9%	28

Rank 1 is the dearest per square foot. Differences are against Portside Square - Tower 1 (AED 2,939/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Portside Square - Tower 1 has registered sale prices 27% above the Mina Rashid median price per square foot of 2,360 AED, across 21 eligible buildings. It ranks 3rd of 21 by price per square foot in Mina Rashid.

Market context in Mina Rashid

Registered sales activity

30 ready apartment sales in the 12 months to 2026-11-02.

−0.3% in median AED/sqft versus the preceding year, supported by 30 current and 15 prior price observations.

Explore sales activity

Planned apartment projects

391 known registered units across 1 pending projects planned within one year of the 2026-11-01 register.

1 projects had already passed their planned date; 4 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,945 apartments are planned in Mina Rashid from 2026 to 2028, equal to 15.2 times the 128 homes let there today.

How these are counted

Find service-charge budget evidence for Portside Square - Tower 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Portside Square towers

3 towers in Portside Square, at the bedroom type above.

Portside Square, every type →

Tower	Price	AED/sqft	Rent a year	Gross yield
Portside Square - Tower 1 · this building	AED 2.44M19 sales	3,004	n/anone	n/a
Portside Square - Tower 2	AED 2.39M13 sales	3,076	n/anone	n/a
Portside Square - Tower 3	AED 2.44M7 sales	3,139	n/anone	n/a

Mina Rashid: every development at this type

Development	Rent a year	Price	AED/sqft	Gross yield
Avonlea2 towers	n/anone	AED 1.65M3 sales	2,026	n/a
Baystar by VIDA2 towers	n/anone	AED 2.17M16 sales	2,844	n/a
Clearpoint3 towers	n/anone	AED 1.69M8 sales	1,972	n/a
Marina Views3 towers	n/anone	AED 1.75M9 sales	2,359	n/a
Ocean Cove2 towers	n/anone	AED 1.79M7 sales	2,236	n/a
Ocean Point3 towers	n/anone	AED 1.77M9 sales	2,248	n/a
Ocean Star2 towers	n/anone	n/a1 sale, too few	n/a	n/a
Portside Square · this development3 towers	n/anone	AED 2.43M39 sales	3,076	n/a
Seagate4 towers · rent filed for the project	AED 70,00031 contracts	n/a2 sales, too few	n/a	n/a
Seascape4 towers	n/anone	AED 1.55M13 sales	1,917	n/a
Sera 22 towers	n/anone	AED 2.15M29 sales	2,791	n/a
All of Mina Rashidevery sale pooled, not the typical building	AED 73,00044 contracts	AED 2.27M297 sales	2,898	3.2%

Medians of registered sales and new Ejari leases in the 12 months to 2 Nov 2026, pooled across each development’s towers at 1 bed; each name opens its towers compared. A median needs 3 rows; a dash with a count means fewer.

About Portside Square - Tower 1

Portside Square - Tower 1 is an under-construction (0% built) apartment building by Ellington Properties in Mina Rashid. 42 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Master developer: Ellington Properties

Nearest, as registered

Nearby in Mina Rashid

Every building in Mina Rashid →

Prices per sq ft around Portside Square - Tower 1, on the map

Pills show median sale price, AED. 5 buildings pinned from Google place records and Apple geocoding · Portside Square - Tower 1 is the inverted pinOpen in Apple Maps

Seagate Building 1

Mina Rashid · 12 sales, 12 months

2.67M

AED, resale median · 2,227/sqft

Seagate Building 2

Mina Rashid · 9 sales, 12 months

3.70M

AED, resale median · 3,255/sqft

Seagate Building 3

Mina Rashid · 6 sales, 12 months

2.26M

AED, resale median · 1,979/sqft

Sunridge

Mina Rashid · 4 sales, 12 months

1.65M

AED, resale median · 1,699/sqft

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Portside Square - Tower 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: n/a; 4.5% over 25 years
Monthly rent: n/a
Cash needed at purchase: n/a

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Portside Square - Tower 1?: No gross yield is published for Portside Square - Tower 1 as of 2 Nov 2026: no rental contract is registered for it yet. In the last 12 months it had 19 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Mina Rashid median is 4.7% gross.
How much does a 1 bedroom in Portside Square - Tower 1 cost?: The median registered sale price is AED 2.44M (3,004 AED/sqft), from 19 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How many apartments change hands in Portside Square - Tower 1?: 19 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

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