1 bed · typical price
2.44M AED
AED 3,139/sqft
- vs Mina Rashid
- 33% above
- Cost to buy, all in
- AED 2.59M
Is Portside Square - Tower 3 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 153,030 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 153,030
- Can I sell easily?19 sales in 12 months (0 the year before)19
- 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
Portside Square - Tower 3 prices and rents by unit typeA one-bed costs about AED 2.44M
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 typeAppreciation, 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
- +33.0%
- Rank by price per sqft
- 1st 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.
Chart data, 1 bed: 2026, AED 2,439,828; latest, 2026, AED 2,439,828; peak, 2026, AED 2,439,828.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 3,013 · before fees
- Launch, 2026
- 0%
- 3,013
- 19 sales
- Last 12 months
- Today
- 3,013
- 19 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 3 places 4th of 30; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against Portside Square - Tower 3 (AED 3,013/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Portside Square - Tower 3 has registered sale prices 33% above the Mina Rashid median price per square foot of 2,360 AED, across 21 eligible buildings. It ranks 1st of 21 by price per square foot in Mina Rashid.
Market context in Mina RashidMarket 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 activityPlanned 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 supplySupply 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 countedDirect 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.
Mina Rashid: every development at this typeMina Rashid: every development at this type
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 3
Portside Square - Tower 3 is an under-construction (0% built) apartment building by Ellington Properties in Mina Rashid. 19 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Ellington Properties
Nearest, as registered
More from Ellington Properties
Ellington Sands II - Tower A
Dubai Islands · 326 sales, 12 months
2.99M
AED, resale median · 2,807/sqft
Ellington Sands I - Tower A
Dubai Islands · 323 sales, 12 months
3.08M
AED, resale median · 2,779/sqft
Eltiera Views - Tower 3
Jumeirah Islands · 295 sales, 12 months
1.96M
AED, resale median · 2,263/sqft
Eltiera Heights
Jumeirah Islands · 235 sales, 12 months
2.33M
AED, resale median · 2,539/sqft
Nearby in Mina Rashid
Prices per sq ft around Portside Square - Tower 3, on the mapPrices per sq ft around Portside Square - Tower 3, on the map
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 rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Portside Square - Tower 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
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 3?
- No gross yield is published for Portside Square - Tower 3 as of 2 Nov 2026: no rental contract is registered for it yet. In the last 12 months it had 7 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 3 cost?
- The median registered sale price is AED 2.44M (3,139 AED/sqft), from 7 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 3?
- 7 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Send this page to a client as a branded report
Create client reportPortside Square - Tower 3 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/mina-rashid/portside-square-tower-3
Cite as: Dubai Wealth Index. “Portside Square - Tower 3 sale prices and yield.” Mina Rashid, Dubai. Data to 2026-11-02. https://dubaiwealthindex.com/sale/apartments/dubai/mina-rashid/portside-square-tower-3
Stable dataJSON