Ellington's big 2026: Everly Place & The Meriva Collection.

If you want to read where Dubai's luxury market is going, watch what Ellington Properties launches. The Dubai developer has spent a decade turning "design-led" from a marketing line into a house style — warm materials, gallery-grade interiors, amenity decks that behave like private clubs. In 2026 it put that signature to work on two very different sites, and the contrast is the story: Everly Place, a lagoon-front address in the heart of the city, and The Meriva Collection, a beachfront community on a private island. Here's the read our desk is giving clients on both.

01Everly Place — lagoon living, in the middle of it all

Everly Place lands in Bukadra, within Mohammed Bin Rashid City — and its trick is water where you least expect it. The residences sit directly on the crystal lagoon of Meydan Horizon, giving you swimmable, beach-fringed frontage a few minutes' drive from Downtown Dubai and the Burj Khalifa. It's central-city connectivity with a resort at your doorstep.

The collection runs to 209 residences — a curated mix of one-, two- and three-bedroom homes, several with study options — wrapped in Ellington's now-familiar palette of timber, stone and brushed metal. At roughly AED 2,800 per square foot and starting from around AED 1.9 million for a one-bedroom, it's positioned as an attainable step into branded, waterfront MBR City living rather than a trophy buy.

Everly Place is the rare Dubai address that is both a lifestyle home and a genuinely central, liquid asset — lagoon beaches without leaving the city.

02The Meriva Collection — an island, a hotel, a beach of your own

Where Everly is urban, Meriva is escape. The Meriva Collection is Ellington's headline launch of the year: a beachfront community on Island B of Dubai Islands, the fast-emerging archipelago roughly eighteen minutes from Dubai International. This is Ellington at its most ambitious — a low-density island neighbourhood built around private beaches, resort pools and, crucially, an on-site Ellington hotel that gives residences a branded service layer.

Phase one alone brings around 903 residences across six low-rise buildings, from one- to four-bedroom homes up to a limited run of Signature Penthouses. It launched in January 2026, with completion scheduled for 2029 and handover from Q2 2030, and prices open from about AED 2.7 million. Developers and agents are pointing to projected rental yields in the 6–8% range — the kind of number that turns a holiday home into a portfolio line.

03Why our clients are watching both

• Dollar-pegged security. Both are priced and let in dirhams pegged to the US dollar — a hard-currency asset for capital earning in cedis, naira or pounds.
• Golden Visa on the table. At these tickets, buyers clear the AED 2M threshold for the UAE's ten-year residency on the larger units, and can combine holdings toward it.
• Off-plan runway. Staged payment plans mean a modest deposit now, with the balance spread through construction — capturing built-in growth before handover.
• A developer you can underwrite. Ellington's delivery record and design reputation make both projects easier to hold — and easier to resell.

04The honest caveats

Off-plan is a runway, not a shortcut. Meriva's handover is years out, so it suits patient capital positioning early in a new waterfront — not a buyer who needs income next quarter. Everly is the nearer-term, more central play. And launch pricing moves: the "from" figures above are entry points that shift by unit, floor and view. As with every Ellington release, the value is in choosing the right unit at the right stage — which is exactly the call our desk exists to make with you.