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by Ellington Properties · Palm Jumeirah
Starting Price
AED 2.6M
Gross Yield
4.7%
Net Yield
3.4%
Completion
2027
Developer Score
77/100
Yield Potential
4.2–5.2%
Market Cycle
Golden Visa
Yes
Status
Off-plan
Sikandar Verdict
Solid capital appreciation play in an emerging corridor. Monitor developer delivery milestones.
| Type | Size (sqft) | Starting Price | Est. Yield |
|---|---|---|---|
| 1BR | 800–1,000 | AED 2,560,000 | 5.2% |
| 2BR | 1,200–1,600 | AED 3,840,000 | 4.5% |
| 3BR | 1,800–2,500 | AED 5,760,000 | 3.9% |
Booking
10%
On signing
Construction
40%
In 4 instalments
Handover
50%
On completion
Payment plan subject to developer confirmation. Contact Sikandar for current payment schedule.
High supply pipeline in Palm Jumeirah — supply risk score 85/100
Off-plan completion risk — factor 6-12 month delay buffer into financial planning
Developer delivery rate at 87% — below market average of 90%
Ellington House is a forthcoming development by Ellington Properties, located in the heart of Palm Jumeirah. Scheduled for handover in 2027, the project enters the market at a time when Palm Jumeirah is experiencing sustained buyer interest and tightening vacancy rates.
Ellington Properties has built a reputation for ambitious project scoping and competitive pricing, and Ellington House reflects that positioning. The broader Palm Jumeirah corridor carries an investment score of 58/100, suggesting measured upside for buyers who enter at the right price.
Ellington House offers 1BRs, 2BRs, 3BRs across a range of configurations. Entry prices start from AED 2.6M, striking a balance between affordability and quality that appeals to mid-market investors and young families.
1BR units range from 800 to 1,000 sqft. Larger 3BR configurations extend to 2,500 sqft, catering to families and end-users who value space without the premium of villa living. For the most current unit availability and floor plans, we recommend running a full analysis through the investment simulator.
At 4.7% gross yield (approximately 3.4% net after service charges and vacancy), Ellington House offers yields that are competitive within its price segment and location bracket. Off-plan buyers benefit from developer payment plans that spread capital commitment across construction milestones, reducing upfront exposure.
The investment thesis here isn't just about yield — it's about the convergence of Palm Jumeirah's infrastructure maturation, population growth trajectory, and Ellington Properties's brand equity in the secondary market. Properties from established developers tend to command 5-15% premiums on resale compared to lesser-known names, which matters when you're modelling exit scenarios. Units above AED 2M qualify for the UAE Golden Visa, adding residency value on top of financial returns.
Ellington House sits within Palm Jumeirah, a community that has seen consistent infrastructure development over the past three years. Road connectivity to Sheikh Zayed Road and Al Khail Road keeps commute times manageable, while retail and dining options within the immediate vicinity reduce the "under construction" feel that plagues some newer corridors.
On-site amenities including swimming pool and fitness centre add lifestyle value that supports tenant retention. For families, nearby schools and healthcare facilities are within comfortable driving distance — details you can explore on the Palm Jumeirah investment guide.
Ellington House starts from AED 2,560,000. The project is located in Palm Jumeirah by Ellington Properties. Completion expected 2027.
Palm Jumeirah currently delivers 4.7% gross yield and 3.4% net yield. Golden Visa eligible at AED 2M+. Developer Ellington Properties has a 87% delivery rate.
Solid capital appreciation play in an emerging corridor. Monitor developer delivery milestones.