Ellington Beach House — project image
✓ Resale Available

Ellington Beach House

From AED 5.30M·Completed Dec 2024·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 5.30M
Starting Price
Dec 2024
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · 2 BR
Type

Project Overview

Ellington Beach House is a premium residential development located on the prestigious Palm Jumeirah Island. The building is designed with an emphasis on environmental friendliness and modern design. The exterior of the complex features reflective facades that maximize natural light and blend harmoniously into the surrounding landscape. Ellington Beach House offers a variety of layouts: apartments with 1, 2, 3 and 4 bedrooms spread over six residential floors. On the upper, seventh floor, there are exclusive four-bedroom penthouses. The building has underground parking and a ground floor with amenities and apartments. The interior is decorated with an ocean theme, using warm tones that create an atmosphere of calm and relaxation. Panoramic windows provide an abundance of natural light and stunning views of the Persian Gulf. The apartments have well-thought-out layouts and high-quality finishes. Residents of Ellington Beach House can enjoy a variety of premium amenities, including barbecue areas, children's play areas, basketball and tennis courts, yoga and pilates studios, and an infinity pool with beach views. The property is located in close proximity to The Boardwalk Palm Jumeirah and Atlantis The Palm. Dubai Marina is a 15 – minute drive away, Burj Al Arab is a 20-minute drive away, and Mall of The Emirates and Dubai Mall & Burj Khalifa are a 25 – minute drive away.

Project Specifications
DeveloperEllington Properties
LocationPalm Jumeirah
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaPalm Jumeirah
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 228,695 / year
Cash-on-Cash
2.2%
Levered cashflow AED 53,795
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 2.44M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Children’s pool
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Leisure areas
Lobby
Pets Allowed
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Ellington Beach House location map
Project location

Nearby Destinations

Palm Jumeirah

Developer and Project Facts

01

Ellington Beach House by Ellington Properties

02

Located in Palm Jumeirah

03

Starting from AED 5,300,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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