Developer Deal
Mercer House | South Tower
Ellington PropertiesPark View Tower, JVC District 14, Jumeirah Village Circle (JVC), Dubai, UAE
From
AED 1,150,000
Handover
Q3 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer Deals
DLD Waiver
—
Discount
—
Handover
Q4 2027
Post Handover
—
Payment Plan
70%
30%
20% down
About The Portman
The Portman by Ellington Properties is a new residential venture that features design-led residences at Jumeirah Village Circle, Dubai. The property is designed with some of the best-in-class amenities for your enjoyment and comfort, drawing inspiration from the JVC surrounding. Dubai's Jumeirah Village Circle provides it with an excellent central location and easy access to the rest of the city.…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
20/50/30 Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in The Portman
Median sale price/sqft
AED 1,262/sqft+6.6%
Median sale price
AED 947,500
Median price/sqft over time
Mar 24Range AED 1,128 – AED 1,273Jul 24
Transaction activity
LiquidityModeratePrice momentumRising
28 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-04 | The Portman | Studio | 407 sqft | AED 499,828 | 1,229 |
| 2024-11-26 | The Portman | 1 | 820 sqft | AED 970,000 | 1,182 |
| 2024-11-21 | The Portman | 1 | 712 sqft | AED 1,050,000 | 1,475 |
| 2024-10-08 | The Portman | Studio | 433 sqft | AED 549,828 | 1,270 |
| 2024-10-01 | The Portman | 1 | 744 sqft | AED 1,100,000 | 1,478 |
| 2024-09-13 | The Portman | Studio | 433 sqft | AED 650,000 | 1,501 |
Completed transactions in Jumeirah Village Circle (JVC)
Median sale price/sqft
AED 1,260/sqft+10.3%
Median sale price
AED 875,000
Gross rental yield
6.9%
Median annual rent
AED 60,000
Median price/sqft over time
Dec 23Range AED 1,202 – AED 1,350Dec 24
Community activity
LiquidityStrongPrice momentumRising
21,833 sales and 24,233 rentals in the last 12 months
Off-plan vs ready
Off-plan 55.6%Ready 44.4%
Primary vs resale
Primary 55.6%Resale 44.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Neva Residences | Studio | 520 sqft | AED 554,553 | 1,067 |
| 2024-12-13 | Binghatti Apex | Studio | 431 sqft | AED 500,000 | 1,161 |
| 2024-12-13 | Binghatti Phantom | 1 | 912 sqft | AED 1,651,500 | 1,811 |
| 2024-12-13 | Samana Manhattan 2 | 2 | 1,322 sqft | AED 1,627,128 | 1,231 |
| 2024-12-13 | Binghatti Orchid | 2 | 1,655 sqft | AED 1,800,000 | 1,087 |
| 2024-12-13 | Neva Residences | 1 | 842 sqft | AED 806,255 | 958 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for The Portman
Our team will send you the complete payment schedule, floor plans and current offer from Ellington Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about The Portman
- What is the handover date for The Portman?
- The Portman is scheduled for handover in Q4 2027.
- What is the starting price of The Portman?
- Prices start from AED 450,000. Contact our team for current availability.
- Who is the developer of The Portman?
- The Portman is being developed by Ellington Properties.
- Where is The Portman located?
- The Portman is located in .