Palm Deira·Developer: Ellington Properties
This is a 2-bedroom off-plan apartment by Ellington Properties in Palm Deira, priced at AED 5,280,828. Unit 523 in The Meriva Collection offers 1,537.73 sqft with a 70/30 payment plan, making it suitable for buyers seeking a branded waterfront-style Dubai residence with defined entry pricing and known service-charge context.
Positioned within The Meriva Collection, Ellington Properties' curated residential series on Palm Deira, this two-bedroom apartment in Meriva Sunset offers a total built-up area of 1,538 sq ft — comprising 1,287 sq ft of internal living space and a 251 sq ft external area. The layout is designed to balance everyday comfort with generous proportions rarely found at this scale in new Dubai island addresses.
Listed at AED 5,280,828 (approximately AED 3,434 per sq ft), the residence is available under a 70/30 off-plan payment plan, meaning 70% is payable during the construction phase and the remaining 30% on handover — a structure that allows buyers to stagger capital deployment while securing a fixed entry price. Annual service charges are set at AED 18 per sq ft per year, equating to approximately AED 27,679 per annum on this unit's built-up area. Buyers should factor this into total cost-of-ownership projections.
Palm Deira is one of Dubai's most significant coastal development fronts — a large-scale island extension in Deira that adds substantial waterfront land to one of the emirate's most historically dense and commercially active districts. Ellington Properties brings its signature design sensibility — considered material palettes, human-scale layouts, and finish standards — to what is otherwise an emerging master-community still taking shape. Acquiring here at the off-plan stage means locking in pricing ahead of the infrastructure maturation that typically reprices island addresses upward. For context on how Palm Deira compares to other off-plan fronts across the city, the 2026 buyer's shortlist of the best areas to buy off-plan property in Dubai offers a structured neighbourhood-by-neighbourhood breakdown.
Buyers evaluating the mechanics of off-plan ownership — from escrow protections and RERA registration to handover milestones and resale windows — will find detailed, numbers-first guidance in the comprehensive off-plan apartments buyer's guide, which covers the full purchase lifecycle without the marketing gloss.
This listing is sourced directly from the developer. No bathrooms data has been provided for this unit — please use the on-page enquiry form to request the full floor-plan specification. To browse comparable off-plan projects across Dubai, the live inventory is filtered by bedroom count, community, and developer.
Payment Plan: 70/30 · Service Charge: AED 18/sqft/yr · Price per sqft: AED 3,434.
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