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availableEllington PropertiesDowntown Dubai

Boulevard Heights II

Boutique design-led urban residences walking distance to Dubai Mall

Boulevard Heights II
DLD Permit: DLD-55419-2024
Sunlit Architectural Model · Madmoun Verified
Starting PriceAED 3,600,000.00 · ≈ $980,258.40 USDAED 2,608.70 · ≈ $710.33 USD / sq ft
Projected Gross Yield7.9%Est. annual tenant yield

Investment disclaimer: Projected figure, not a guarantee. Yield depends on leasing outcomes and service charges.

5-Yr Estimated IRR15.1%Capital growth + cash flow

Investment disclaimer: Modelled projection, not a guarantee. IRR assumes assumptions hold over the full hold period.

Handover ScheduleHandover Q2 2027On-schedule milestone audit
Executive Overview

Master Plan & Asset Profile

Ellington's newest flagship residence in Downtown Dubai with bespoke hospitality finishes and walking proximity to Dubai Mall.

Investment Thesis

Analytical Drivers

  • Signature design-driven developer with an industry-leading reputation for superior rental premiums (+18% above district median).
  • Immediate walking access to Sheikh Mohammed bin Rashid Boulevard and the Dubai Opera district.
  • Favorable 70/30 linked payment schedule distributed across transparent structural milestones.
  • Zero developer commission charged to the investor.
Cash Flow Dynamics

Payment Schedule Architecture

70/30 construction-linked

Buyer Protection

How Your Escrow Protection Works

Under Dubai Law No. 8 of 2007 (Concerning Escrow Accounts for Real Estate Development), a developer selling off-plan must open a dedicated project escrow account with a bank approved by the Dubai Land Department (DLD). All buyer payments for this project — including your booking deposit and every construction milestone instalment — must be deposited into that account, never to the broker or directly to the developer's operating funds.

The developer can only withdraw funds against construction milestones certified by a DLD-appointed third-party engineer, which ties your payment schedule to verifiable progress on site. Haven & Key never holds client funds: we verify the project's escrow registration before presenting an allocation, and your advisor can show you the escrow certificate for this project on request.

You can independently verify this project's escrow account and permit status through the Dubai Land Department at dubailand.gov.ae.

Inventory Matrix

Unit Mix & Yield Projections

Scroll horizontally to compare all unit details.

Unit details
TypologySize (Sq Ft)Starting priceEst. Annual RentYield
2 bedroom1380AED 3,600,000.00 · ≈ $980,258.40 USDAED 284,400.00 · ≈ $77,440.41 USD7.9%

Investment disclaimer: Estimated rents and yields are modelled projections, not guarantees. Actual outcomes depend on market conditions, service charges and occupancy.

Direct Developer Project
Units Available

Enquire About This Property

Access private developer inventory with zero agency commission and direct DLD escrow registration.

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Permit: ESC-2024-9102

Reference rates: 2 Nov 2026, 00:02 UTC · ExchangeRate-API. Converted amounts are estimates. Contract prices remain in AED.

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