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Portside Square By Ellington Payment plan
AED 1,188,000
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Price & Payment Plan
Plan Structure: 70/30 with Milestone-Based Construction Instalments
Payment Plan Type: 70/30 Construction Linked Plan. 20% on booking secures your waterfront address at Mina Rashid with 30% only at Q4 2027 to Q1 2028 handover.
On Booking: 20% down payment
During Construction: 50% in staged milestone-based instalments tied to Ellington construction progress
On Handover: 30% at Q4 2027 to Q1 2028
Ellington's 96% occupancy rate across delivered projects supports strongest UAE bank mortgage approval confidence
Ellington milestone payments aligned to verified construction progress checkpoints
UAE Residents: Up to 80% LTV mortgage available at handover
Non-Residents: Up to 50% LTV mortgage available at handover
UAE banks offer off-plan mortgage pre-approval up to 24 months before handover
AED 2M Plus qualifies for UAE 10-Year Golden Visa, extendable to immediate family and household staff
Government Fee: 4% DLD (Dubai Land Department) fee applicable on purchase price
Ownership Type: Freehold, 100% foreign ownership permitted
No income tax, no capital gains tax and no property tax in UAE
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