
Ethan by Griffin is an exclusive boutique residential complex by Griffin Real Estate Development, located in the prestigious Nad Al Sheba district, in the heart of Dubai. The project is produced by the agency fäm Properties. The building consist of ground floor, podium level, six floors and a roof. Fully furnished one- and two-bedroom apartments are offered for sale, each with spacious layouts and equipped with intelligent smart home systems. The abundance of natural light, outdoor seating areas, and premium materials underscore Ethan by Griffin's commitment to luxury, convenience, and quality. The complex is under 24/7 security. At Ethan by Griffin, every service and area is designed to support physical and emotional well-being, promote relaxation, and strengthen neighborhood bonds. The complex features a spacious lobby and reception, adult and children's pools, a fitness club, a children's play area, a cozy interior lounge and an outdoor terrace surrounded by greenery. With its prime location close to Dubai's most iconic landmarks, Ethan by Griffin provides easy access to vibrant urban life while maintaining a calm, resort-like atmosphere inside the complex. Downtown Dubai and Burj Khalifa are 5 minutes away, DIFC is 15 minutes away, and Dubai Marina and Dubai International Airport are 20 minutes away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Ethan by Griffin launch basis | 1,471 | AED 1.32M | Current launch / asking basis |
| Meydan (Nad Al Sheba 1) ready-stock comps | 1,700 | AED 1.53M | Indicative resale benchmark |
| Meydan (Nad Al Sheba 1) premium peer launches | 2,100 | AED 1.89M | New-launch peer set |
| Trophy alternative proxy | 2,600 | AED 2.34M | Higher-end anchor for negotiation context |

















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Meydan (Nad Al Sheba 1)
Ethan by Griffin by Griffin Real Estate Development
Located in Meydan (Nad Al Sheba 1)
Starting from AED 1,324,230
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Sep 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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