The Portman is a new luxury project by Ellington Properties located in the popular Jumeirah Village Circle residential area of Dubai. It is an ultra-modern 16-story tower with studios and 1-2 bedroom apartments ranging from 38-102 sqm. There are 173 total residential units in the building.
The Portman is located in Jumeirah Village Circle, a thriving residential neighborhood of Dubai. It is situated near major highways like Hessa Street for easy access around the emirate.
The Portman offers a range of elegantly designed studios as well as 1 and 2 bedroom apartments. The units range in size from 38-102 sqm.
Amenities at The Portman include a lobby lounge, swimming pool, gym, sauna, children's playroom, BBQ area, landscaped parks, bicycle paths, and more. There is covered parking with electric vehicle charging stations as well.
The Portman is currently under construction, with completion and handover scheduled for Q1 2025.
Key infrastructure near The Portman includes the Dubai Autodrome, Dubai International Cricket Stadium, Dubai Butterfly Garden, Trump International Golf Club, and supermarkets, schools, clinics, malls, and more within a 10-15 minute drive.
The Portman is located approximately 20-30 minutes from Downtown Dubai, Dubai International Airport, Business Bay, DIFC, and Palm Jumeirah.
The Portman is a good option for families due to its location in the family-friendly Jumeirah Village Circle neighborhood, with easy access to schools, recreation, and shopping. The community itself also has many family-oriented amenities.
The estimated rental yield for similar high-end apartments in Jumeirah Village Circle is approximately 6-7%.
Investors can take advantage of Ellington Properties' payment plan to purchase premium residences in The Portman now during construction and potentially sell for a higher price upon completion.