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Everly Place

By Ellington Properties · Meydan Horizon · MBR City

Price fromAED 2.05M
Homes1–3 Bed
Size range693 – 2,047 sq ft
HandoverQ4 2030
Payment plan70 / 30
About this project

Everly Place stands beside the crystal lagoon at Meydan Horizon, in Mohammed Bin Rashid City. The building is U-shaped, wrapping the lagoon so the terraces and the glass face look back across the water.

Ground floor, two podium levels, ten residential floors and a roof, holding 209 homes: 133 one-bedroom apartments from 693 sq ft, nine one-bed-plus-study, thirty two-bedroom, twenty two-bed-plus-study and seventeen three-bed-plus-study to 1,818 sq ft, with five retail units at ground level.

The amenities sit in the podium and on the first floor: a clubhouse with coffee bar, lounge, dining area and private meeting room, a bowling alley, billiards and video-game area, changing rooms with steam showers, then a gym, a yoga and pilates studio, pools including a kids pool, baja seating, an outdoor cinema, table tennis and a barbecue area.

Ras Al Khor Wildlife Sanctuary is ten minutes away, Meydan Grandstand eleven, Downtown and the Burj Khalifa sixteen, Business Bay fifteen and the airport fifteen.

Handover is targeted for Q2 2030.

Crystal Lagoon FrontageClubhouse & Coffee BarPrivate Meeting RoomBowling AlleyBilliards & Video GamesGymYoga & Pilates StudioSteam ShowersPool & Baja SeatingKids PoolKids Play AreaOutdoor CinemaTable TennisBarbecue AreaRetail at Ground Level

Meydan Horizon · MBR City · wrapped around the crystal lagoon

How we read it

Everly Place is the second Ellington scheme we carry on the Meydan Horizon lagoon, alongside Claydon House, and the two are worth reading together. Same water, same district, different buildings: Claydon is the taller tower with the sanctuary outlook, Everly is lower, wrapped around the lagoon, and priced for a different buyer.

The location argument holds either way. Fifteen minutes to Business Bay and the airport, sixteen to Downtown, on protected open water in a district that is filling in rather than starting out.

One thing to go in with your eyes open about: 133 of the 209 homes are one-bedroom apartments. That is nearly two thirds of the building in a single unit type, so at letting and at resale you are competing with a lot of near-identical stock in your own lobby. The two and three-bedroom layouts are the scarce part of this building, and that is where we would look.

The structure is Ellington's standard 20% on booking, staged to 70% by completion against certified progress in a RERA escrow account, 30% on handover, no post-handover debt. As at Claydon, the construction milestones start at 30% rather than 20%. Resale is permitted once 30% of the price is paid, on a standard NOC.

Entry is from AED 2.05M. Handover is targeted at Q4 2030, which is a five-year hold, and the service charge is guided at AED 16 per sq ft, the reasonable end of Ellington's range.

Specification

Unit mix and specification

OwnershipFreehold
HandoverQ4 2030
Service chargeAED 16 per sq ft / year (anticipated)
Size range693 – 2,047 sq ft
TypeSizeUnits
1 Bed693 – 1,429 sq ft133
1 Bed + Study977 – 982 sq ft9
2 Bed1,175 – 1,285 sq ft30
2 Bed + Study1,204 – 2,047 sq ft20
3 Bed + Study1,704 – 1,818 sq ft17
Pricing

Payment plan

  1. 20%On booking
  2. 10%60 days after reservation
  3. 10%120 days after reservation
  4. 5%240 days after reservation
  5. 5%360 days after reservation
  6. 5%30% construction
  7. 5%40% construction
  8. 5%50% construction
  9. 5%60% construction
  10. 30%On completion
Location

What is nearby

  • Ras Al Khor Wildlife Sanctuary10 min
  • Meydan Grandstand11 min
  • Dubai Design District13 min
  • Dubai Festival City Mall14 min
  • Business Bay15 min
  • Dubai International Airport15 min
  • Burj Khalifa and Dubai Mall16 min
  • City Walk16 min
  • DIFC18 min
  • Mall of the Emirates22 min
Questions

Questions buyers ask about Everly Place

Who is the developer of Everly Place, and where is it?

Everly Place is an Ellington Properties project in Meydan Horizon · MBR City, Dubai.

What is the starting price at Everly Place?

Prices at Everly Place start from AED 2.05M. Prices come from the developer and change with each release, so ask us for current availability.

What is the payment plan for Everly Place?

The payment plan is 70 / 30. 20% on booking, then 8 further instalments, 30% on completion.

When is the handover at Everly Place?

The developer’s handover date is Q4 2030.

What is the service charge at Everly Place?

The service charge is AED 16 per sq ft / year (anticipated).

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