Ellington Properties has launched The Meriva Collection at Dubai Islands. The project sits on Island B and focuses on beachfront apartments and penthouses.
Dubai Islands is one of the largest coastal masterplans in the city. It is planned as a low-density waterfront district with beaches, hotels, marinas, and retail. That setting supports both end-user demand and long-term capital growth.
Below is a clear investment snapshot.
Project Snapshot
- Developer: Ellington Properties
- Location: Island B, Dubai Islands
- Property Type: 1 to 4 bedroom apartments and penthouses
- Ownership: Freehold
- Scale: Multi-building beachfront cluster
- Target Market: End users and long-term investors
Price Bands (Latest Market Indications)
Based on early launch data and listing platforms:
- 1 Bedroom: From approx. AED 2.7 million
- 2 Bedroom: From approx. AED 3.8 to 4.5 million
- 3 Bedroom: From approx. AED 6 million
- Penthouses: Higher premium depending on size and sea frontage
Final pricing depends on floor level, sea view, and building phase.
Dubai Islands waterfront units typically command higher price per square foot than inland districts due to direct beach access.
Rental Yield Expectations
Beachfront property in Dubai usually delivers stable rental returns due to limited supply.
Current market benchmarks suggest:
- Estimated gross rental yield: 6% to 8%
- Strong short-term rental potential due to tourism demand
- Stable long-term rental demand from professionals and families
Waterfront properties tend to attract higher tenant retention compared to standard city apartments.
Handover Timeline
- Expected completion: Around Q2 2030
- Construction timelines depend on phased delivery
Early-stage investors often benefit from lower launch pricing before infrastructure and hospitality components complete.
Why Dubai Islands Matters
Dubai Islands is positioned as a long-term coastal expansion zone. It offers:
- Direct beach access
- Hotel and resort ecosystem
- Road connectivity to Deira and central Dubai
- Planned retail and lifestyle infrastructure
Large masterplans usually see value growth as infrastructure matures.
Developer Strength
Ellington Properties is known for design-focused residential projects in Dubai. The company has delivered several mid-rise communities across MBR City, JVC, and Palm areas.
For investors, developer track record reduces delivery risk. Execution history matters in off-plan purchases.
Investment Logic in Simple Terms
The Meriva Collection combines three important drivers:
- Waterfront location
- Freehold ownership for international buyers
- Limited beachfront supply
Dubai’s coastal districts often outperform standard apartment zones during strong market cycles. Demand remains steady due to tourism, relocation inflows, and lifestyle appeal.
This project suits investors seeking long-term capital growth and stable rental demand rather than short-term flipping.
