Ellington vs Object 1

Object 1 is the cheaper book per sqft, at AED 1,772 against AED 2,427 for Ellington, so Ellington is 37% dearer per sqft. On the typical unit that reads as AED 1.37M for a median 771 sqft home from Object 1, against AED 2.98M for a median 1,254 sqft home from Ellington. 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. Object 1 leans to 1 BR units, 678 records at AED 1,787 per sqft and AED 1.37M a unit.

Entry pricing: the lowest published starting price is AED 429K from Ellington and AED 537K from Object 1.

Across 74 published plans from Ellington, the median asks 70% before handover, with 1% carrying instalments that run past the keys. Object 1 publishes 82 plans, a median of 60% before handover and 21% with a post-handover tail.

The heavy end matters more than the median when the plan is the reason to buy. Both sides land in the same place: 80% of plans on either side want 60% or more before keys. At the light end, 20% of Ellington plans and 15% of Object 1 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. Object 1 builds in Dubai, Abu Dhabi, across 11 communities, concentrated in Jumeirah Village Circle, Jumeirah Village Triangle, Dubai Land Residence Complex.

Ellington peaks in 2026, when 22 of its 67 tracked projects are scheduled to hand over. Object 1 peaks in 2027 with 31 of 58. 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 21% for Object 1. 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.