The Meriva Collection is an off plan project by Ellington in Dubai Islands, Dubai, from 2,700,000 AED, with handover announced for Q2 2030. The Dubai Land Department recorded construction at 0.00%, buyer payments go to an escrow account at Sharjah Islamic Bank and the developer has registered 903 homes.
Prices and payment plan
Payment plan, 1 bedroom20 / 50 / 30
Today20%584,066 AEDOn booking
Until Q2 203050%1,460,164 AEDDuring construction
Q2 203030%876,098 AEDOn handover
Total with fees3,037,161 AEDPrice 2,920,328 + land department fee 116,813 + 20 AEDSee the detail
Price2,920,328 AED
Dubai Land Department fee, 4%116,813 AED
Knowledge and innovation fees20 AED
Developer registration feeOn the developer invoice
Source: Dubai Land Department, units registered by the developer, file of 23 October 2026.
Price per sqft3,483 AED
Handover (developer)Q2 2030
RERA project number4346
Escrow accountSharjah Islamic Bank
Construction progress0.00% built
Completion date (registered)31 December 2031
The two dates can differ. Sale contracts usually allow 6 to 12 months beyond the announced handover date.
Golden visaEligible, starting price at or above 2,000,000 AED
Nearest metro stationGold Souq, 4.6 km
Service charges: 25.4 AED per sqft a year, official figure of 1 completed building in Dubai Islands, Dubai Land Department.
Source: Ellington, official project page · ellingtonproperties.ae
Data dates
Developer prices29 September 2026
Dubai Land Department register18 October 2026
Sales registered up to2 November 2026
Property Radar score
out of 100
13 criteria measured
Highlights
Developer record: cancelled projectsPayments into an escrow accountDeveloper record: projects delivered
Good to know
Nearest metro stationHomes of this type in the projectDeveloper record: projects on time
See all 13 criteria
Developer record: cancelled projects10/10
none on record
Payments into an escrow account10/10
escrow at Sharjah Islamic Bank, status active
Developer record: projects delivered9/10
17 delivered, 26 ongoing, 0 cancelled
Net rental yield8/10
6.1% net of service charges, rent estimated
Construction progress6/10
0% built, 9% of the official construction time used
Handover date5/10
handover Q2 2030
New-build price vs the same developer's secondary market5/10
+38.4% on 1 bedroom
Size vs the area4/10
about 835 sqft against 860 sqft for the same type in Palm Deira, Dubai Land Department
Share of the price paid before handover4/10
70% of the price paid before handover
Price per square foot vs the area3/10
3,483 against 2,753 AED per sqft in Dubai Islands
Developer record: projects on time2/10
13 of 19 ongoing projects still within their official end date
Homes of this type in the project2/10
462 homes of this type registered in the project, out of 903
Nearest metro station0/10
Gold Souq, 4.6 km
New-build price vs the secondary market
Information not public or confidential
Ease of resale in the area
Information not public or confidential
Market data, 1 bedroom
In short: priced 27% above the area, gross yield 6.7% a year.
Price per sqft, AED
The Meriva Collection3,483All sales in the area2,753
Estimated gross yield6.7%rent about 196,000 AED a year, estimate from the Dubai average yield
Net yield6.1%After service charges
Same unit type, Dubai Land Department registered sales and rent contracts, Dubai Islands.
After you buy
1
Today
Book with 20%
Through a licensed expert, at the developer price.
2
Q2 2030, handover
Pay the last 30%
In cash or with a mortgage, up to 80% for residents.
3
After the keys
Rent it out
Long term or holiday home, managed for you.
Services from our selected partners. It never changes the score.
Prices in Dubai
Median price per sqft of completed apartments resold across Dubai. Dubai Islands has too few resales for a reliable series of its own.
Since 2023+30%
2026 against 2025+4%
AED per sqft. Dubai Land Department sales, data.dubai. 2026 up to 23 September.
The Meriva Collection in short
Starting price
2,700,000 AED
Source: Ellington or a property portal, September 2026. Confirm with the developer.
Payment plan
20% On booking50% During construction30% On handover
Handover
Handover is announced for Q2 2030.
On time?
13 of 19 ongoing Ellington projects are still within their official end date, in the Dubai Land Department project registry.
How to buy
A broker licensed by the Dubai Land Department, from our partner agency, confirms the price list and the units still available, and handles the booking with you. The contact is free.
