1 Bed in The Highgrove by Ellington, MBR City – 20th Floor Lagoon View, 15% Below Original Price

Property Overview

This one-bedroom off-plan apartment in The Highgrove by Ellington, Mohammed Bin Rashid City, is offered at AED 1,608,053 for 781.46 sq ft. It sits on the 20th floor with a full lagoon view, according to the agent. The asking price is AED 283,775 (15.0%) below the agent-stated original purchase price of AED 1,891,828.

Property Highlights

• Asking price: AED 1,608,053
• Original purchase price (agent-stated): AED 1,891,828
• Saving versus OP: AED 283,775 (15.0%)
• Built-up area: 781.46 sq ft
• Rate: approximately AED 2,058 per sq ft
• Floor: 20th
• View: full lagoon view (agent-stated)
• Status: off-plan resale

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 1,891,828, as stated in the agent brief received on 14 October 2026. Against the asking price of AED 1,608,053, the difference is AED 283,775, which is 15.0% of the original price and matches the agent's description of roughly 15% below OP. Dividing the asking price by 781.46 sq ft gives about AED 2,058 per sq ft.

This compares the price only with the seller's own purchase price. It is not a claim that the unit is below current market value. The original price, and the amount the seller has already paid to the developer, should be confirmed from the SPA and the developer's statement of account before any offer.

About the Project, Developer and Community

The Highgrove is a single residential tower by Ellington Properties in Mohammed Bin Rashid City. Project marketing describes a ground floor, four podium levels and 31 residential floors with around 296 homes. The unit mix covers one- to three-bedroom apartments plus sky villas and penthouses. The project was launched in October 2024 and is centred on a crystal lagoon.

Published amenities include an infinity-edge pool, clubhouse, gym, yoga and spa facilities, a cinema room, children's play areas, landscaped gardens and a sky dining and viewing deck. These are project-level features described in marketing material and are subject to the final developer delivery.

Layout, Floor and View

The agent describes a one-bedroom apartment of 781.46 sq ft on the 20th floor with a full lagoon view. Bathroom count, parking and the exact unit number have not been supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

Project marketing lists the launch payment plan as 20% on booking, 50% during construction and 30% on handover, with handover scheduled for Q4 2027. For a resale, what matters is how much the seller has already paid and what remains due to Ellington. Ask for the developer's statement of account, any transfer or NOC fees and the current construction status. Confirm the handover date in the SPA before committing.

Location and Connectivity

Mohammed Bin Rashid City sits between Downtown Dubai, Meydan and Ras Al Khor, with access towards Al Khail Road and the Dubai–Al Ain Road. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, unit type, size, floor, view, asking price and original price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: tower configuration, unit mix, launch date, launch payment plan, scheduled handover and amenities, drawn from a secondary property portal rather than an official Ellington page.
• Not supplied: amount paid to date, bathrooms, parking, unit number and service charge.