Project general facts The Heart of Europe - Portofino is a magnificent five-star, family-only hotel destination that transports guests to the stunning Italian Riviera, designed by Italian architects and surrounded by glistening turquoise oceans. This architectural marvel features contemporary Mediterranean design with spacious sea view suites and rooftop villas featuring private plunge pools, all exuding Italian style with modern, contemporary flair. Every space has been thoughtfully designed using ancient Feng Shui practices, creating a calming and inviting energy that promises a more than royal welcome from the attentive Italian staff. The destination boasts an extraordinary array of amenities including five breathtaking swimming pools, with an Olympic pool featuring awe-inspiring live performances and water ballet. Families will delight in the Kingdom of Portofino Kid's Club with its magical snow plaza for building snowmen and creating snow angels, while over five hundred aquariums showcase the remarkable marine life of UAE waters. The Marine Life Science Centre offers educational experiences about coral conservation, while the luxurious women-only spa, La Donna, provides a re
| Milestone | Share | On AED 5.22M |
|---|---|---|
| On booking | 40% | AED 2.09M |
| During construction | 40% | AED 2.09M |
| Upon Handover | 20% | AED 1.04M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (40%) | On booking | AED 2,088,174 |
| During construction (40%) | ≈ AED 87,007 equivalent per month over 24 months | AED 2,088,174 |
| Handover (20%) | On completion | AED 1,044,087 |
| DLD fee (4%) | On booking | AED 208,817 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

THOE Developer, based in the UAE, is a prominent real estate development company known for its innovative and luxurious projects. They specialize in creating high-end residential, commercial, and mixed-use developments that combine modern design with cutting-edge technology. The company's portfolio often includes…
The Heart of Europe - Portofino starts from AED 5.22M and runs to AED 5.49M, across 1 bedroom, 1 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
40% on booking, 40% during construction, 20% upon handover, worked in dirhams on AED 5.22M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
THOE lists handover for Q4 2024, with the project currently completed. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In World of Islands, Dubai. The World of Islands community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 001582108835501. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.