Palm Deira·Developer: Ellington Properties
This is a 2-bedroom off-plan apartment in Meriva Gardens B, The Meriva Collection by Ellington Properties, located in Palm Deira, Dubai. Unit 416 offers 1,432.89 sqft and is priced at AED 5,270,828, with a 70/30 payment plan, making it suitable for buyers seeking a premium larger-format apartment in a waterfront master location.
This two-bedroom apartment in Meriva Gardens B forms part of The Meriva Collection, Ellington Properties' off-plan residential project within the emerging Palm Deira master development in Dubai. With a total built-up area of 1,433 sq ft — comprising 1,243 sq ft of internal living space and 190 sq ft of external area — the residence offers a generous footprint that is relatively uncommon at this price point on the Palm Deira waterfront corridor.
Listed at AED 5,270,828 (approximately AED 3,678 per sq ft), the apartment is available under a 70/30 payment plan, meaning 70% is payable during construction and 30% on handover. The annual service charge is fixed at AED 18 per sq ft per year — equivalent to approximately AED 25,792 per annum based on the total built-up area — a figure worth factoring into any long-term hold or rental strategy alongside current market benchmarks, which you can explore via the Palm Deira and wider Dubai community guides.
About the project: The Meriva Collection is developed by Ellington Properties, a Dubai-based developer known for design-led residential projects across the city. Meriva Gardens B is one of the buildings within this collection, positioned inside Palm Deira — one of Dubai's most significant waterfront expansion zones, extending the Palm brand northward along the Deira coastline. Because this is an off-plan purchase, buyers should review the developer's registered timeline and RERA escrow details before committing. For a structured breakdown of how off-plan purchases work — including escrow protections, SPA terms, and what the construction milestones mean for payment schedules — the off-plan apartments buyer's guide covers these mechanics without the marketing gloss.
Key figures at a glance:
If you are comparing this against other off-plan opportunities across Dubai, the curated shortlist of best areas to buy off-plan property in Dubai in 2026 provides area-by-area context, including waterfront zones. You can also browse the full off-plan projects inventory to compare Ellington's other active launches side by side.
Payment Plan: 70/30 · Service Charge: AED 18/sqft/yr · Price per sqft: AED 3,678.