Ethan by Griffin — project image
Off-Plan

Ethan by Griffin

From AED 1.32M·Handover Sep 2026·20% down payment Payment
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AED 1.32M
Starting Price
Sep 2026
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

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.

Project Specifications
DeveloperGriffin Real Estate Development
LocationMeydan (Nad Al Sheba 1)
Unit Types1 BR, 2 BR, Apartments
AreaMeydan (Nad Al Sheba 1)
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 57,141 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,441
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 609,146 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Griffin Real Estate Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
Air disinfectant system
BBQ
Cabanas
Children’s pool
Covered Parking
Covered gym
Fitness Zone
Infinity pool
Intercom
Kids Play Area
Landscape Open Areas
Laundry
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Outdoor Multipurpose Space
Park Access
Parking
Picnic Area
Pool Deck
Recreational areas
Resting Areas
Roof Gardens
Rooftop Pool
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Smart home
Social zone
Sports ground

Location

Ethan by Griffin location map
Project location

Nearby Destinations

Meydan (Nad Al Sheba 1)

Developer and Project Facts

01

Ethan by Griffin by Griffin Real Estate Development

02

Located in Meydan (Nad Al Sheba 1)

03

Starting from AED 1,324,230

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Sep 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

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

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