101 Real Estate Investment
The real estate sector represents 60% of the world’s leading resources and a large share of all national, corporate, and personal assets. In this regard,
Ellington Properties, Dubai’s design-led property developer, has launched a new residential destination, Harrington House, inspired by the serenity of the Arabian desert and drawing colour and design inspirations from the natural beige and black shades.
Located in the heart of Jumeirah Village Circle (JVC), the community will feature 92 apartments, comprising of studios, and one- and two-bedrooms ideal for families. Construction of the project is already at 20 per cent with planned completion in 14 months.
A quiet, relaxed project, rich with lifestyle amenities, Harrington House features four residential floors. The low-rise development presents an attractive opportunity for families as well as for long-term investors, with the location, design and amenities creating long-term value. With its commitment to build quality, Ellington Properties continuously works towards securing a Class-A level construction certification from Land Sterling for Harrington House, similar to its achievements on other projects.
According to market estimates, investors can look forward to a 25 per cent premium over average rents in the city, with homes in JVC being highly sought-after. While JVC reports an average 75 per cent occupancy as per Reidin Market Data Platform, Ellington Properties has secured 85 to 90 per cent occupancy across its projects.
Joseph Thomas, Co-Founder and Managing Director, Ellington Properties, said: “With Harrington House, we are further underlining our focus on developing elegantly designed, exceptional residential communities that prioritise the wellness and happiness of small families. Having delivered homes in JVC already, we understand the aspirations of customers, who seek homes for living and long-term investment. Based on our comprehensive market research, we are developing a low-rise community with a wide range of amenities including a fully equipped gym overlooking an elegant pool, a kid’s play area and a community courtyard.”
Abdul Razeq Abdul Ahad, President & CEO, Asem Holdings LTD, added: “Ellington Properties has a strong track-record of delivering highly design-centric homes that delight residents and create assured value for investors. Through our partnership, we look forward to the timely delivering of a world-class neighbourhood that will promote a happy and healthy lifestyle.”
Upholding the value propositions of Ellington Properties – unique design, high-quality materials and lifestyle amenities – Harrington House offers easy access to the leisure and business hubs of the city, with Downton Dubai and Dubai Marina only 10 to 15 minutes away, The Walk in JBR just a 25-minute drive and Dubai World Central Airport only 10 minutes by road. Direct access to Al Khail Road and Sheikh Mohammed bin Zayed Road makes commuting to work or leisure seamless.
Harrington House residences are competitively priced with a studio, 382 to 456 sq ft in size, starting at AED 444,828. The one-bedrooms are 484 to 806 sq ft and prices start at AED 480,828 while the two-bedroom apartments, starting at AED 1,004,828, are available in sizes of 993 to 1,940 sq ft.
The lobby lounge has sophisticated furnishings, a concierge service, and artworks by local artists adorn the property throughout. A central two-storey courtyard with a dramatic external wood staircase is the heart of social life; it has a spacious outdoor seating area connected to a pool deck and a Zen Garden. Amenities also include a resort-style swimming pool, fully equipped gym with zoned training areas as well as an eco-friendly and Montessori inspired kid’s play area.
With high ceilings, sculpted balconies, wood-look porcelain tile flooring and fitted wardrobes available in all of the apartments, the interiors are inspired by the Arabian gazelles and have a mix of earthy desert hues in neutral beige and warm ash tones contrasting with charcoal and black accents.
For further information, please contact (+971) 800 8288 or info@ellingtongroup.com
The new project is another distinctive addition to Ellington’s growing portfolio of award-winning projects in Dubai. Other flagship developments include Belgravia and Belgravia II, Belgravia Square, Belgravia Heights I, Eaton Place, Somerset Mews and The Sloane by Belgravia Heights, all located in JVC, as well as Wilton Terraces and Wilton Park Residences in MBR City and DT1 in Downtown Dubai.