Description
The Portman is a new luxury project from Ellington Properties. The community is located in Dubai's popular Jumeirah Village Circle residential area. This is an ultramodern 16-storey skyscraper with studios and 1 and 2 bedroom apartments with an area of 38-102 sq. m. In total, there are 173 real estate units in the building. All residences are equipped with spacious balconies and floor-to-ceiling panoramic windows with scenic views of the city surroundings and the park.
On the territory of The Portman there are all the necessary amenities for a comfortable stay, including:
cozy foyer with a reading corner and custom-made works of art by local artists;
swimming pool with relaxation and sunbathing area, changing rooms and rain shower;
sauna and steam room;
fitness studio with gym;
children's playroom;
private parking with electric vehicle charging stations;
lounge area;
barbecue area;
outdoor children's playground;
landscaped parks with bike paths;
The interior of The Portman is designed in neutral light and coffee tones using natural wood finishes and dark textural compositions. The layout of the residences provides for a laundry room, a dressing room, a kitchen with built-in appliances, a spacious living room, as well as bathrooms with white wall cladding, warm porcelain floors, mirrored cabinets and premium plumbing.
The exterior of the complex is designed in a modern style using a light pastel palette and warm wood tones. The entrance to the building is highlighted with a textured dark travertine. The concept of community is a combination of the principles of balance and dynamics. The project is under construction, its commissioning is scheduled for the 1st quarter of 2025.
The Portman project is part of a large residential area of Jumeirah Village Circle. The building is located next to the Hessa Street motorway, in addition, local residents have access to the Sheikh Zayed Road highway, which makes it easy to travel around the emirate. Popular theme areas such as Dubai Sports City and Motor City are just a 10-minute drive away.
In 20-30 minutes drive there are such popular locations as:
Downtown Dubai;
Dubai International Airport;
Business Bay;
DIFC;
Palm Jumeirah.
The Portman property has a high investment potential and is well suited for long-term rentals. The profitability of apartments of a similar class in the Jumeirah Village Circle area is estimated at 6.15%. Moreover, the building is still under construction, and interested investors can purchase premium-class residences on the terms of a payment plan from the developer, and if a favorable situation occurs, resell them at a more attractive price.