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Dubai Islands

Ellington Cove 2

3 BR · Apartment

About the building

Located in Dubai Islands. Developer — Ellington Properties Development. Architect — Brewer Smith Brewer Group.

What the building has

  • Swimming pool
  • Spa and sauna
  • Beach

Where it is

The pin is placed by project — accurate to the development, not the door.

Dubai Islands

The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.

  • beachfront below southern-coast prices
  • central northern location
  • long-horizon holds

What to check: The masterplan was relaunched and revised once already. Buy within a contracted phase with a stated completion date, and confirm what is planned between your building and the water.

Full district guide →

Questions and answers about lot NP5-107318

How much is this 3-bedroom apartment in Ellington Cove 2?

Lot NP5-107318 is priced at AED 7 600 000, about $2 069 000. The size is 2 219 sq ft (206 m²), which works out at AED 3 425 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

How does this price compare with other lots in Ellington Cove 2?

The database holds 2 lots in Ellington Cove 2 right now, from AED 4 075 000 to AED 7 600 000.

Is this expensive or cheap for Dubai Islands?

The database holds 52 lots in Dubai Islands, starting from AED 1 500 000. The area median is AED 2 272 per sq ft; this lot, at AED 3 425, is 51% above it. 15 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Dubai Islands area guide →

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 2 280 000; a loan of AED 5 320 000 over 25 years at 3.75–4.99% a year comes to roughly AED 27 400–31 100 a month. A non-resident puts down from 40% (AED 3 040 000) and pays about AED 23 400–26 600 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 304 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 7 600 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about Ellington Cove 2?

The building has 11 floors. The developer is Ellington Properties. Figures are from the project passport: Propsearch and the Dubai Land Department.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP5-107318 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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