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Everly Place

By Ellington Properties in Meydan, Dubai

Price from
AED 1,940,000
about £398K or $528K
Payment plan
20/50/30
70% before handover
Handover
Q4 2030
Status
Off-plan

Payment plan

20/50/30

70% due before handover

  1. Down paymentAt sales launch20%AED 388,000
  2. During constructionIn 8 instalments50%AED 970,000
  3. On handover30%AED 582,000
  4. Paid before handoverAED 1,358,000

Amounts are worked on a 1-bedroom apartment at its starting price of AED 1,940,000.

For 1-bedroom apartments

Homes and prices

Everly Place offers 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

1-bedroom apartmentsFrom AED 1.94M
2-bedroom apartmentsOn request
3-bedroom apartmentsOn request

Starting prices are the published figures from the sources listed on this page, checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 1 to 3 bed
  • 209 homes
  • Freehold
Location
Meydan Horizon, Meydan, Dubai
Sales launched
June 2026
Buildings
1

Overview

A 209-home Ellington tower beside the lagoon in Meydan Horizon, MBR City: one- to three-bedroom apartments, several with a study, from AED 1.94 million, with completion listed for late 2030.

Everly Place is a single residential tower by Ellington Properties in Meydan Horizon, part of Mohammed Bin Rashid City and the wider Meydan district. Ellington announced it in June 2026 as 209 homes overlooking the crystal lagoon, and its project page places the building among landscaped grounds with direct road links to Downtown Dubai and Business Bay.

The mix is small and urban. Ellington lists one- and two-bedroom apartments and one- to three-bedroom homes with a study; its launch release names one-bedroom, one-bedroom plus study, two-bedroom, two-bedroom plus study and three-bedroom plus study layouts. Property Finder showed one-bedroom apartments from AED 1.94 million on 13 November 2026 and had not yet published sizes or floor plans, so the price per square foot cannot be judged from public data.

The shared spaces follow the developer's usual pattern of a strong amenity deck: an infinity pool facing the lagoon, a club lounge with a bowling alley, a café bar, co-working and gaming rooms, fitness and yoga studios, a sauna with chromotherapy showers, an outdoor cinema and children's play areas. Ellington also says local artists' work will be installed in the building.

Property Finder lists the plan as 20% at launch, 50% across eight instalments during construction and 30% on handover, with completion in December 2030. Its FAQ gives 2031 instead, and it places the project in Ras Al Khor Industrial 1 on its map while the developer and the description say Meydan Horizon. Treat the contracted completion date in the sales agreement as the one that counts.

Everly Place suits a buyer who wants a design-led apartment close to the centre at a lower entry price than Downtown or Business Bay, and who can wait four years for completion. Ellington points to the planned Dubai Metro Gold Line, which it says will serve MBR City and Meydan, but no station date was given. The main points to weigh are the long build period, the volume of other towers rising in Meydan Horizon and the absence of published unit sizes at launch.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 1-bedroom apartment at Everly PlaceAED 1,940,000
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 77,600
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 2,018,620about £414K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Homes here are priced below the AED 2 million threshold for the 10-year visa, though properties can be combined to reach it. Check eligibility

Location

In Meydan Horizon, Mohammed Bin Rashid City, beside the crystal lagoon. Ellington gives about 15 minutes to Business Bay and Dubai International Airport and 16 minutes to Burj Khalifa.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Ras Al Khor Wildlife Sanctuary
10 min
Meydan Racecourse
11 min
Dubai Design District
13 min
Business Bay
15 min
Dubai International Airport
15 min
Burj Khalifa and The Dubai Mall
16 min
DIFC
18 min

Approximate drive times in normal traffic.

About Meydan

  • About 16 minutes by car from Burj Khalifa and 20 from Dubai International Airport (Bayut area guide)
  • Direct access to Al Khail Road and Ras Al Khor Road
  • Lower apartment entry prices than Downtown Dubai or Business Bay
  • Meydan Racecourse and the Meydan Hotel at its centre

Meydan area guide

Amenities

  • Infinity pool overlooking the lagoon
  • Club lounge with a bowling alley
  • Café bar
  • Co-working and gaming spaces
  • Fitness studio
  • Yoga studio
  • Sauna and chromotherapy showers
  • Indoor and outdoor children's play areas
  • Outdoor cinema
  • Outdoor table tennis
  • Barbecue areas
  • Cabanas and sunken seating
  • Landscaped podium gardens
  • Concierge and lobby lounge

Developer: Ellington Properties

Design-led boutique developer of apartment buildings across Dubai's established communities, now also selling in Ras Al Khaimah.

Headquarters
Dubai, UAE
Ownership
Privately held; led by co-founders Robert Booth, Joseph Thomas and Elie Naaman.

Ellington Properties profile and track record

Adviser's view

What works

  • Lagoon-front position in Meydan Horizon, about 15 minutes from Business Bay and the airport on Ellington's figures
  • Small building of 209 homes with a large amenity deck, including a bowling alley and an infinity pool
  • Layouts with studies suit people who work from home
  • Entry price of AED 1.94 million is below comparable new stock in Downtown Dubai

What to weigh

  • Completion is listed for December 2030, and Property Finder's own FAQ says 2031
  • Unit sizes and floor plans were not published at the time of checking
  • Meydan Horizon has many towers under way, so similar units will compete for tenants
  • The Gold Line metro is planned; there is no station or opening date to rely on
  • No project registration or escrow number was published; ask Ellington for both in writing

Questions buyers ask

What is the starting price at Everly Place?

Property Finder listed one-bedroom apartments from AED 1.94 million on 13 November 2026. Prices for larger homes were not published.

When will Everly Place be completed?

Property Finder lists completion in December 2030, though its FAQ also mentions 2031. Check the date in the sales agreement.

What is the payment plan at Everly Place?

20% at sales launch, 50% during construction in eight instalments and 30% on handover, according to Property Finder.

How many homes are in Everly Place?

Ellington's launch announcement gives 209 residences, from one-bedroom apartments to three-bedroom homes with a study.

Who is the developer of Everly Place?

Everly Place is being developed by Ellington Properties. About Ellington Properties: Design-led boutique developer of apartment buildings across Dubai's established communities, now also selling in Ras Al Khaimah.

Can foreigners buy at Everly Place?

Yes. Meydan is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at Everly Place qualify for a Golden Visa?

Not on its own at current prices: the 10-year Golden Visa needs property worth AED 2 million or more, and homes here start from AED 1.94M. Two or more properties can be combined to reach the threshold. See our Golden Visa guide.

What fees are payable on top of the price at Everly Place?

The main cost is the DLD transfer fee (4%). On the entry price of AED 1,940,000 that comes to about AED 77,600, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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