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T H O E REAL ESTATE DEVELOPMENT L.L.C

Portofino Hotel

Under Construction · Date not reported|437 units · 1 building
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Portofino Hotel is an under-construction development by T H O E REAL ESTATE DEVELOPMENT L.L.C in The World Islands, comprising 437 registered units. 214 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,904 per sqft. At AED 1,904 per sqft, Portofino Hotel prices 46% below the The World Islands median of AED 3,526 per sqft on registered sales.

PIX© price · ↓58.3% YoY
1.26MAED
Typical
1,904AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
214
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

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Floor
Units on floor 2
…

Studio on Floor 2, Portofino Hotel

Size
Record
Nov 2019 to Sep 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 216 Sep 20262 mo
Current owner
1Owner 119 Nov 20196.8 yrs
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Studio · Floor 2 · Portofino Hotel
Occupancy (237 nights)
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Portofino Hotel

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
590 - 19,753 sqft
4371.26M1,904↓58.3%
Residential
Studio · Hotel Apartment
590 - 1,290 sqft
431
1 Bed · Hotel Apartment
1,183 - 4,753 sqft
3---
2 Bed · Hotel Apartment
5,114 - 6,017 sqft
2---
Commercial
Shop
19,753 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide214 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
16 Sep 2026—StudioPortofino Hotel · Floor 26781,000,0001,474-52.4%StandardOff-Plan Sale
18 Dec 2025StudioPortofino Hotel · Floor 15913,000,0005,074-StandardOff-Plan Sale
10 Sep 2025StudioPortofino Hotel · Floor 37653,660,6854,785-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about Portofino Hotel

Answered from Dubai Land Department registered transactions.

How much does a property in Portofino Hotel cost?

Property in Portofino Hotel sells at a current PIX© price of AED 1,904 per sqft, or about AED 1,263,874 for a typical unit, based on 214 sales registered with the Dubai Land Department.

When is Portofino Hotel handing over?

Portofino Hotel is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Portofino Hotel?

Portofino Hotel is developed by T H O E REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Portofino Hotel?

Portofino Hotel holds 437 registered units, per the Dubai Land Department unit register.

Have prices in Portofino Hotel gone up or down?

Price per sqft has fallen -58.3% over the last 12 months, to AED 1,904, across 214 registered sales.