Ellington Properties

Ellington is a private, design-led developer founded in 2014 that has delivered about 3,200-3,700 homes, mostly in JVC, MBR City, Downtown, Dubai Hills and the Palm. Most handovers have been on time or a quarter or two late, and no cancelled project was found. The main points to weigh are premium pricing and one two-year delay at Wilton Park Residences.

It is privately owned by its co-founders: Robert Booth, a former head of Emaar's Dubai business, Joseph Thomas and CEO Elie Naaman. It is not listed and has no government shareholder.

The standard plan is 70/30: 20% on booking, 10% at 90 days and 10% at 180 days, four 5% instalments at construction milestones and 30% on completion (July 2026). Some villa and Ras Al Khaimah projects use 60/40 or 50/50. There is no standard post-handover plan.

Mostly. DT1 was completed a month early in March 2020 and Ellington Beach House on time in December 2024. Belgravia 1 was about one quarter late and Ellington House about two quarters late. Wilton Park Residences, estimated for Q2 2021, was completed in October 2023 after a contractor change.

About AED 12-22 per sq ft a year in JVC and MBR City buildings, AED 21 at Ellington House in Dubai Hills and about AED 31 at Ellington Beach House on the Palm, based on Property Finder data compiled in May 2026.

Property Finder data from May 2026 shows gross yields of 7.0-7.8% in Ellington's JVC buildings, 6.1-7.1% in MBR City, 7.1% at DT1, 8.4% at Ellington House and 4.2% at Ellington Beach House. Net returns are lower after service charges.

The Meriva Collection on Dubai Islands (from AED 2.7m, launched February 2026), Eltiera Views in Jumeirah Islands (from AED 2.2m, April 2026), Everly Place in Meydan Horizon (from AED 1.9m, June 2026), plus Ellington Sands, Ellington Cove, Windsor House, Portside Square and Costa Mare in Ras Al Khaimah.

Yes. Since August 2026 ADCB offers pre-approved off-plan finance to Ellington buyers for up to 50% of value, renewable each year until handover, with introductory rates from 3.49% fixed for three years.

Yes, once 30% of the price has been paid (50% plus the next instalment at Ocean House, Art Bay and Claydon House). The NOC fee is AED 5,250 (July 2026).

Property worth AED 2m or more qualifies. Many current launches start above that level, including The Meriva Collection, Eltiera Views, Ellington Cove and Ellington Sands II. Cheaper projects such as Windsor House (from AED 1.2m, October 2026) would need a larger unit or more than one unit.