The Portman

P3 — Under Development Off-Plan Primary
Developer Ellington Properties Development L.L.C
Community Jumeirah Village Circle
Property type Apartment
Data updated Mar 23, 2026

The Portman is a Under Development development by Ellington Properties Development L.L.C in Jumeirah Village Circle. 156 units across 1 Bedroom (53%), 2 Bedroom (28%), Studio (19%). Over the trailing 12 months, 206 sales at a median of AED 1,030,000.

Key Metrics
Median Price
Value
AED 1,030,000
Change
9.0% YoY
Transactions
Value
206
Change
19 in period
Price / sqft
Value
AED 1,329
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,030,000
↑ 9.0% YoY
Transactions
206
↑ 19 in period
Price / sqft
AED 1,329
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
19.7%
Community avg
Holding Period
Value
4.4 yrs
Community avg
Ready Market Mix
Value
7.4%
Community avg
Capital Return
19.7%
Community avg
Holding Period
4.4 yrs
Community avg
Ready Market Mix
7.4%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 30 units · 19%
1 Bedroom 83 units · 53%
2 Bedroom 43 units · 28%

Transaction Breakdown

All time — 206 transactions
Off-Plan Primary
156
Off-Plan Secondary
50

Price History

Median Price — The Portman

Median prices in The Portman have trended upward, rising 9% to AED 1.1M over the past 9 months.

Recent Transactions

Showing last 10 of 206
Date Type Price (AED) Size (sqft) AED/sqft
Mar 23, 2026 OP Secondary 1,030,000 677 1,521
Mar 11, 2026 OP Primary 1,136,468 819 1,386
Feb 21, 2026 OP Secondary 1,120,000 819 1,366
Nov 07, 2025 OP Primary 1,145,828 1,092 1,049
Oct 21, 2025 OP Secondary 989,828 677 1,461
Sep 13, 2025 OP Secondary 1,009,700 819 1,231
Sep 13, 2025 OP Secondary 1,065,300 819 1,299
Aug 22, 2025 OP Secondary 1,270,000 744 1,706
Aug 15, 2025 OP Secondary 985,000 819 1,202
Aug 07, 2025 OP Secondary 930,000 764 1,216

This project is in Jumeirah Village Circle

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