Everly Place by Ellington at MBR City

Everly Place by Ellington located in MBR City on the inland side of Dubai Creek. The location places the building between three established residential pockets: Sobha Hartland and Meydan to the west, and Dubai Creek Harbour to the east. For a buyer, that means an address on the quiet, green edge of the Creek rather than inside a dense tower cluster.

The surroundings are already well developed, which is unusual for a brand-new building. Residents have convenient access to several schools, parks, leisure destinations, and waterfront attractions. North London Collegiate School Dubai is around 2.5 km away and follows the IB curriculum, with annual fees of approximately AED 117,000. Hartland International School is about 2.7 km away and offers a British curriculum, with fees of around AED 73,000 per year. Riviera East Park is approximately 2.1 km away, while Sobha Hartland Estates Park is around 2.3 km away. The Track Meydan Golf is roughly 2.9 km away, and the hotels and dining options at Dubai Creek Harbour, including Vida and Palace Dubai Creek Harbour, are about 3 km away.

Here is the updated overview based on the latest available information. Confirmed from the regulatory and research record are the developer, Ellington Properties, founded in 2014 and operating through EPD BK Developers, and the 13-storey building height. Ellington Everly Place is expected to have a starting price of around AED 2 million, with a proposed payment plan of 20% during booking, 50% during construction, and 30% on handover. The project is expected to be completed with handover scheduled for Q2 2030. For buyers looking to understand the expected payment structure throughout the construction period, the Ellington Everly Place Payment Plan provides details on how instalments may be distributed. As the project progresses, buyers should refer to Ellington Properties’ official announcements for confirmed pricing, floor plans, service charges, and final payment schedules.

Everly Place features a U-shaped building form with vertical fins, layered terraces, and floor-to-ceiling glazing that create a modern façade while improving natural light and views. Podium-level landscaping adds greenery around the lower levels, creating a softer transition between the building and its surrounding spaces

Using the anticipated service charge of AED 16 per sq. ft., a 693 sq. ft. 1 BR would have an estimated annual service charge of AED 11,088, while a 1,704 sq. ft. 3 BR would cost approximately AED 27,264 per year. For an indicative rental calculation, assuming annual gross rent of AED 140,000 for the 1 BR and AED 300,000 for the 3 BR, the estimated net rental income after service charges would be AED 128,912 and AED 272,736, respectively. Based on assumed purchase prices of AED 1.9 million for the 1 BR and AED 4.7 million for the 3 BR, this gives indicative net yields of approximately 6.79% and 5.80%. These figures are estimates only and exclude vacancy, maintenance, property management, furnishing, utilities, financing and transaction costs. Actual rental income and net yields will depend on market rents, unit location, views, furnishing and the final service charge.

Sobha Hartland and Dubai Creek Harbour are the two established neighbours, and both are larger master communities with their own retail, schools, and waterfront. Everly Place is a single building rather than a community, so it suits a buyer who wants to live inside that established ring without paying the in community premium. The wildlife sanctuary edge also gives it a low rise, green outlook that the taller Creek Harbour towers do not share.

Ellington Everly Place vs Azizi Riviera: Both developments are located within Mohammed Bin Rashid City, but they cater to different buyer profiles. When comparing Ellington Everly Place vs Azizi Riviera , Everly Place stands out as a boutique, design-led residential project overlooking the crystal lagoon in Meydan Horizon, offering a limited collection of premium apartments with luxury amenities and strong long-term capital appreciation potential. Azizi Riviera, on the other hand, is a large waterfront master community with multiple completed phases, established retail, and a proven rental market, making it attractive for investors seeking immediate rental income. Buyers looking for exclusivity, modern architecture, and future value may prefer Everly Place, while those prioritizing ready properties, community living, and stable rental yields may find Azizi Riviera the better option.

Both projects are located in the prestigious Mohammed Bin Rashid City, but they appeal to different types of buyers. When comparing Ellington Everly Place vs Sobha Hartland 2, Everly Place stands out as a boutique, design-led development with 209 premium residences overlooking the crystal lagoon, offering a more exclusive lifestyle and thoughtfully curated amenities. In contrast, Sobha Hartland 2 is a large master-planned waterfront community with multiple residential clusters, extensive green spaces, schools, and a wider selection of apartments and villas, making it ideal for buyers seeking a fully integrated neighbourhood. Buyers looking for boutique luxury, lower-density living, and premium interiors may prefer Everly Place, while those prioritizing a large-scale community, established infrastructure, and diverse investment options may find Sobha Hartland 2 the stronger choice.