Dubai’s Exclusive Offering: Premium Canal-Front Apartments in Dubai Creek
Introducing a new boutique complex by Ellington in collaboration with Dutco, offering premium-class apartments along the shores of Dubai Creek. Sales are now open, with prices starting at $257,564 and sizes from 40 sqm. The project is set for completion in 2026.
Project Highlights:
• Nestled in a completed district with elite residential properties, luxury hotels, residences, and lush greenery. Neighboring Palazzo Versace and Courtyard by Marriott hotels.
• Prime canal-front location with hotel-like amenities: swimming pool, garden, coworking space, club house, yoga studio, spa area, gym, and lounge. Apartment owners will have access to parking spaces.
• High-quality construction: Ellington is renowned for its refined design, combining European style with the development of communal spaces. Dutco has been involved in the construction of Dubai Mall, Museum of the Future, and Dubai International Airport.
Location:
• Al Jaddaf, an elite area along Dubai Creek, is home to the fashionable Dubai Culture Village with trendy apartments and premium boutique hotels.
• The complex is just steps away from a park and within 10-15 minutes of Downtown Dubai, 11 minutes from DXB International Airport, and Dubai Mall.
Investment Potential:
• Rental rate analysis among comparable projects in Al Jaddaf for studios suggests an ROI of 6.3% with an annual rental income of around $16,000.
• New rental contracts in Al Jaddaf increased by an average of 25% in 2023, with a 14.4% rise in demand for studio rentals in the area.
• The average cost per square meter in Al Jaddaf increased by 29.6% in 2023, reaching $4,780/m² in January 2024.
Secure your place in this exclusive Dubai Creek development and experience the epitome of luxury living.