Ellington vs Meraas

Ellington is the cheaper book per sqft, at AED 2,427 against AED 2,558 for Meraas, so Meraas is 5% dearer per sqft. On the typical unit that reads as AED 2.98M for a median 1,254 sqft home from Ellington, against AED 4.85M for a median 2,101 sqft home from Meraas. Part of that gap is product, not premium: the two are not selling the same mix of unit.

Ellington sells mostly 2 BR units, 146 priced records at a median AED 2,439 per sqft and AED 3.03M a unit. Meraas leans to 3 BR units, 231 records at AED 2,042 per sqft and AED 5.80M a unit.

Entry pricing: the lowest published starting price is AED 429K from Ellington and AED 1.20M from Meraas.

Across 74 published plans from Ellington, the median asks 70% before handover, with 1% carrying instalments that run past the keys. Meraas publishes 77 plans, a median of 60% before handover and 4% with a post-handover tail.

The heavy end matters more than the median when the plan is the reason to buy. 80% of Ellington plans want 60% or more before keys, against 62% of Meraas plans. At the light end, 20% of Ellington plans and 38% of Meraas plans ask 50% or less.

Ellington builds in Dubai, Ras Al Khaimah, across 26 communities, most of it in Mohammed Bin Rashid City, Dubai Islands, Jumeirah Lake Towers. Meraas builds in Dubai, across 16 communities, concentrated in City Walk, Umm Suqeim, Jumeirah.

Ellington peaks in 2026, when 22 of its 67 tracked projects are scheduled to hand over. Meraas peaks in 2026 with 19 of 56. Published handover dates move, so read them as developer intent rather than a delivered date.

59% of the Ellington projects tracked are listed as sold out or out of stock, against 57% for Meraas. That is the share of each book no longer taking new bookings at listed prices, which reads as demand on the way in and as scarcity on the way out.