THE PORTMAN by Ellington Properties in Jumeirah Village Circle, Dubai, UAE: property for sale from the developer

The Portman residential project in Dubai

The Portman is a pre-launched 16-story residential project located in Jumeirah Village Circle (JVC), a large residential district in Dubai.

It is decorated in a contemporary minimalist style with eco style elements, such as wooden, metal, and natural stone surfaces, and combinations of contrasting colors are used.

All amenities for comfortable living and recreation will be available on the premises, including an outdoor terrace with a swimming pool and a recreation area with deck chairs and changing rooms nearby, as well as a sauna and a steam bath.

The building will also feature a fitness studio, a stylish children’s playground with creativity areas, a shaded barbecue area with a kitchen, parking with charging devices for electric vehicles, and much more.

Real estate in The Portman, Dubai, UAE

The residential project includes 173 apartments with a floor area ranging from 63 m² to 102 m².

Residential spaces will have stylish finishing in neutral, natural colors maintaining the building’s classic style.

Every apartment features panoramic windows and an accessible balcony with enough space to arrange a recreation area with a table and armchairs.

Ergonomic floor plans lend maximum comfort to the residential space. Large windows allow plenty of daylight into the apartment, making it cozier and lighter.

Property for sale in The Portman

This residential project is currently under development, which means you have a great opportunity to purchase an apartment at an attractive price from the developer.

This beautiful district located near Dubai’s Downtown has great transport accessibility and is extremely popular among buyers and tenants.

The minimum price of a one-bedroom apartment with a floor area of 63 m² in the new residential project is currently AED 745,828. Two-bedroom 102 m² apartments are sold at a maximum of AED 1,361,828, which means that even a relatively small amount of money can buy you a home in an upscale residential project with all amenities in Dubai.

Real estate in The Portman

Lifestyle

The new residential project will be a perfect choice for fans of sports and a healthy lifestyle. There is a fitness club on the premises, and a 10-minute drive will take you to Dubai Sports City, which houses several soccer and cricket stadiums, a golf course, tennis courts, and other sports facilities.

Families with children will love the convenience of living near several good schools, such as Nord Anglia, an international school eight minutes from the project. The school welcomes children from 3 to 19 years old and uses an international British curriculum with an individual approach for every student.

Benefits

The Portman is a modern project with excellent on-premises amenities. Residents will be able to eat at a local café, relax at a SPA, swim in a large outdoor pool, barbeque in the open air, and spend quality time with friends on an accessible scenic terrace, without even setting foot outdoors.

A luxurious lobby area with a concierge desk and stylish furniture will be arranged at the entrance so that guests can sit down comfortably and relax.

There are supermarkets and shopping malls near the project. Public transit is very well developed in this district, so residents can reach different places in the Emirate not only by car but also by bus.

Apartments in The Portman

The project offers a variety of floor plan options and you can select an apartment with one or two bedrooms. Even one-bedroom units boast an impressive floor area of 63 m². All apartments have laundry rooms, a guest bathroom, as well as an open-plan kitchen with built-in appliances, and a dining table that can be converted into a work desk. The living room is combined with the kitchen and features a huge panoramic window. Every bedroom has an en suite bathroom and a space designated for a walk-in wardrobe or a built-in closet.

Construction completion

The Portman was launched in 2022. Construction completion is scheduled for the first quarter of 2025. The project is being implemented by Ellington, an elite property developer famous in the UAE, assuring buyers that the work will be done precisely on time and the quality of the completed facility will be top-notch.

Please visit our website to view images of the exterior and the interior, as well as detailed floor plans of the apartments in the new multi-story building.

The cost of apartments is going to increase as the residential project approaches completion.

The down payment is 20% of the total value. The balance can be paid in installments until the building is commissioned.

Investment property in The Portman

Many investors consider the purchase of the real estate at the construction stage to be a lucrative investment option.

The key advantages are the minimum cost per square meter of housing and the opportunity to pay this amount in installments.

A popular method of receiving a passive income is leasing property. Early this year, rental rates for apartments in JVC increased by 1.93%. Dubai is continuously developing and attracting a growing number of workers and prosperous business people, so rental rates in this Emirate will inevitably continue to rise.

The average rental yield of apartments in the JVC community is currently 6.32% per annum.

Developer Ellington Properties

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Ellington Properties was established in 2014 and is one of the UAE’s leading developers. The company’s impressive track record has been recognized by numerous prestigious awards in the real estate sector.

The developer’s key goal is to create impeccable residences with an eye-catching architectural style and contemporary facilities for the maximum comfort of their future owners.

Ellington Properties is focused on the location of its projects and selects the Emirate’s best communities to make sure that the residents have access to great social facilities on their doorstep.

THE PORTMAN APARTMENTS

The Portman residential project in Dubai

Real estate in The Portman, Dubai, UAE

Property for sale in The Portman

Location

Features

Indoor facilities

Outdoor features