Palm Deira·Developer: Ellington Properties
This is a 1-bedroom off-plan apartment in Meriva Sunset, The Meriva Collection by Ellington Properties in Palm Deira, priced at AED 3,402,828. Unit 406 offers about 920 sqft and a 70/30 payment plan, making it suitable for buyers seeking a branded waterfront apartment with clear size, pricing, and service-charge details.
Meriva Sunset is one of the two towers within The Meriva Collection, Ellington Properties' off-plan residential project on Palm Deira — Dubai's newest and largest palm-shaped island, currently under development on the Deira waterfront. This one-bedroom apartment offers a total built-up area of approximately 920 sq ft, split between 764 sq ft of internal living space and a 156 sq ft external area, giving the layout a functional indoor-outdoor balance rarely found at this scale in a boutique Ellington release.
The asking price is AED 3,402,828, equating to roughly AED 3,700 per sq ft — a figure that both Ellington's design-led positioning and Palm Deira's status as an emerging address with strong long-term fundamentals. A 70/30 payment plan is available, meaning 70% is payable during the construction phase and the remaining 30% falls due upon handover, providing a structured entry into the project without a single large upfront commitment. The annual service charge is AED 18 per sq ft, which at this apartment's size translates to approximately AED 16,560 per year — a key figure for buyers modelling holding costs. Amenities for the building have not yet been disclosed in the listing data; buyers should request the full project brochure directly via the on-page enquiry form.
Ellington Properties has built a distinct reputation in the Dubai off-plan market for interior quality, curated material palettes, and controlled project scales — attributes that tend to preserve resale value and attract a specific tenant profile. The Meriva Collection continues that approach on a location — Palm Deira — that adds a waterfront and island narrative to the brand's usual mid-luxury offer. To explore how Palm Deira compares to other active off-plan addresses across the city, the 2026 buyer's shortlist of the best areas to buy off-plan property in Dubai provides a data-grounded overview of each macro-location's relative merits.
For buyers new to Dubai's off-plan framework — escrow protections, RERA registration, handover milestones, and resale windows — the off-plan apartments buyer's guide that goes straight to the numbers is a practical starting point before any purchase decision. It covers the structural mechanics that apply to a 70/30 plan like this one. Additional off-plan listings across Ellington and other developers are listed in the Dubai off-plan projects directory for side-by-side comparison.
Key facts at a glance:
Payment Plan: 70/30 · Service Charge: AED 18/sqft/yr · Price per sqft: AED 3,700.