Everly Place
Everly Place Offered by Buy Dubai Off-Plan
Everly Place

Everly Place

by Ellington Properties in Mohammed Bin Rashid City View on map Under construction

Starting price
AED 2,070,000
Payment plan
70/30
Handover
Q4 2029

โ‰ˆ โ‚ฌ 497,000

Project details

Starting price AED 2,070,000 โ‰ˆ โ‚ฌ 497,000 What will my monthly payments be?
Payment plan 70/30 70% during construction, 30% at handover
Handover Q4 2029 Under construction
Bedrooms 123
Floor area
65 to 231 mยฒ
Project brochure
Free, with no obligation

The Everly Place brochure

Download the brochure for Everly Place by Ellington Properties in Mohammed Bin Rashid City free of charge, with all information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Everly Place

  • Apartments with 1, 2 or 3 bedrooms and commercial spaces from 64 to 230 m2
  • Located in Mohammed Bin Rashid City on the Meydan Horizon lagoon
  • Mid-rise tower with a U-shape and glass facade, 10 residential floors plus rooftop terrace
  • Amenities include a pool, gym, cinema, games room, BBQ and childrenโ€™s pool
  • Handover planned for Q4 2029 with a 70/30 payment plan

About Everly Place

Everly Place is a new project by Ellington Properties in Mohammed Bin Rashid City, Dubai. It comprises 1, 2 or 3-bedroom apartments and commercial spaces on the ground floor. Handover is planned for the fourth quarter of 2029 and prices start from AED 2.070.000. The areas range from approximately 64 to 230 m2. The building is a mid-rise tower with a U-shaped structure, located on the crystal-clear lagoon of Meydan Horizon. The facade features vertical fins for privacy and depth, and floor-to-ceiling windows bring in plenty of natural light.

The apartments are available in various layouts, from compact 1-bedroom homes to spacious 3-bedroom apartments with a study and balcony. The commercial spaces on the ground floor range from 152 to 230 m2 and offer opportunities for shops or offices. The project targets buyers looking for a home with views of water and greenery, close to key destinations in Dubai. Ellington Properties is known for its attention to design and finishes, with high-quality materials and European appliances in the kitchens. The bathrooms are also stylishly finished in neutral tones.

Home types and layouts in Everly Place

Everly Place offers a selection of 1, 2 or 3-bedroom apartments, as well as commercial spaces on the ground floor. The 1-bedroom apartments range from 64 to 93 m2 and are available in four different layouts (Type A to D). The 2-bedroom apartments are between 93 and 124 m2 and have a balcony. The 3-bedroom apartments have an area of 158 to 169 m2 and include a study and a balcony in addition to three bedrooms. The commercial spaces are located on the ground floor and range from 152 to 230 m2, spread across five units.

The homes are finished to a high standard, with ceiling heights up to 3.1 metres and floor-to-ceiling windows that provide plenty of daylight. The kitchens are open-plan with a sculptural countertop, built-in appliances from European brands and worktops in honed natural stone. The bedrooms have built-in wardrobes up to the ceiling and soft-close doors. The 2 and 3-bedroom apartments each have their own balcony with views of the lagoon or the surroundings. The bathrooms are finished in neutral tones with modern sanitary ware. The commercial spaces have their own entrance and are suitable for various commercial purposes.

Developer Ellington Properties and build quality

Everly Place is designed as a mid-rise tower with a U-shaped floor plan, consisting of a ground floor, two parking levels and ten residential floors, plus a rooftop terrace. The building is located directly on the crystal-clear lagoon of Meydan Horizon and has a glass facade with vertical fins that provide privacy and depth. The ground floor accommodates five commercial spaces and a covered arcade that brings liveliness to the street. The main entrance has a spacious lobby with an art collection curated by the Ellington Art Foundation and a signature scent of natural stone. There is also a concierge service.

The developer is Ellington Properties, a Dubai-based developer known for its luxury residential projects with a strong focus on design and quality. The building is designed to engage in a dialogue with its surroundings, with layered terraces woven into the glass facade and fine lines of light along each floor. The lagoon location offers residents views of water and greenery, as well as a glimpse of the Dubai skyline. On the roof there is a space for relaxation and recreation. The building also has a rooftop terrace with amenities.

The setting of Everly Place in Mohammed Bin Rashid City

Everly Place is located in Mohammed Bin Rashid City, one of the most dynamic districts of Dubai. The project is located on the edge of the crystal-clear Meydan Horizon lagoon, surrounded by greenery and water features. The district is well connected to Downtown Dubai and offers a quiet residential environment with views of the skyline. Key destinations such as Burj Khalifa and The Dubai Mall can be reached within approximately 15 minutes by car. Dubai Design District and Dubai Festival City Mall are also about 15 minutes away.

Meydan Racecourse is just about 10 minutes by car, ideal for horse racing and events enthusiasts. Dubai International Airport can be reached in about 15 minutes, which is convenient for frequent travellers. For extensive shopping and entertainment, Mall of the Emirates and Dubai Creek Golf are reachable in about 20 minutes. The central location of Mohammed Bin Rashid City ensures residents have quick access to both Downtown Dubai and the surrounding business centres and recreational areas. The district is also surrounded by parks and waterways, contributing to a pleasant living environment.

Paying in instalments at Everly Place

The payment plan for Everly Place is divided into a 70/30 split, meaning 70% of the price is paid during construction and the remaining 30% on handover. The down payment is 20% of the total purchase price. This gives buyers the opportunity to spread payments over the construction period, which runs until the fourth quarter of 2029. The starting price for a home is AED 2.070.000, depending on the type and size. This structure is common in off-plan projects in Dubai and offers financial flexibility. The exact payment milestones are set out at the time of purchase.

Buyers can be guided through the entire purchase process by a registered broker with a RERA licence and an ORN number, registered with the Dubai Land Department. You do not need to contact the developer yourself; communication is handled for you and you are guided at every step, from reservation to handover. This ensures a smooth and transparent process, with expert advice on the payment plan and the legal aspects. This helps ensure everything is handled correctly and your investment is well protected.

Amenities

Payment plan for Everly Place

70%30%
70%
During construction, in instalments
AED 1,449,000
โ‰ˆ โ‚ฌ 348,000
30%
After handover
AED 621,000
โ‰ˆ โ‚ฌ 149,000

Handover of Everly Place

13 quarters until the planned handover, about 3.3 years.

Q4 2026
Now
Q4 2029
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for Everly Place, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,142

โ‰ˆ โ‚ฌ 750 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,449,000โ‰ˆ โ‚ฌ 347,800
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 621,000โ‰ˆ โ‚ฌ 149,000
Purchase costs4% DLD fee and mortgage costs
AED 91,433โ‰ˆ โ‚ฌ 21,900
Total funds required
AED 1,540,433โ‰ˆ โ‚ฌ 369,700
Request finance guidance for Everly Place
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Everly Place

Location

Mohammed Bin Rashid City, Dubai Burj Khalifa: circa 15 minuten (auto) ยท Dubai Creek Golf: circa 20 minuten (auto)
Open in Google Maps

Travel times from Everly Place

  • Burj Khalifa: circa 15 minuten (auto)
  • Dubai Creek Golf: circa 20 minuten (auto)
  • Dubai Design District: circa 15 minuten (auto)
  • Dubai Festival City Mall: circa 15 minuten (auto)
  • Dubai International Airport: circa 15 minuten (auto)
  • Dubai Mall: circa 15 minuten (auto)
  • Mall of the Emirates: circa 20 minuten (auto)
  • Meydan Racecourse: circa 10 minuten (auto)

About Ellington Properties

Ellington is a leading developer in Dubai, specialising in off-plan property projects that focus on quality and innovation. On this page, you will find a complete overview of all current and future projects by Ellington. Whether you are looking for a luxury apartment in a vibrant neighbourhood or a quiet villa in an exclusive community, Ellington offers diverse options. Their projects vary in size, from compact 45 m2 studios to spacious 250 m2 penthouse suites. Prices start from AED 1,200,000, with payment plans tailored to investors. By choosing an off-plan project from Ellington, you are investing in a developer with a proven track record and a clear future perspective.

Since its founding, Ellington has developed into one of the most reliable property developers in Dubai. With a focus on sustainability and aesthetics, the company has delivered several iconic projects, such as the well-known residential tower "The Sterling" in Dubai Marina. The developer has won several awards, including the Arabian Property Award for Best Residential Development. What sets Ellington apart is its long-term vision: projects are not just built for immediate returns, but with an eye for long-term value development. Thanks to its experience and expertise, Ellington knows exactly what investors and residents look for in a home, which is reflected in every new off-plan project.

All projects by Ellington Properties

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.