Off-Plan Studio at Upper House East, JLT – 60% Paid, Urgent Sale

Studio Apartment Upper House East Jumeirah Lake Towers — Apartment
Studio Apartment Upper House East Jumeirah Lake Towers. Apartment.

AED 870,000

Deal typeOff-Plan Distress
PriceAED 870,000
Size400 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ1 2027
DeveloperEllington Properties
Area / Master developmentJumeirah Lake Towers
Sub-community / PhaseUpper House East
CommunityJumeirah Lake Towers

Property Overview

This off-plan studio at Upper House East by Ellington Properties in Jumeirah Lake Towers (JLT) is offered at AED 870,000 for 400 sq ft, about AED 2,175 per sq ft. The agent describes an urgent sale with 60% already paid, a floor between levels 8 and 18, and handover expected on 30 March 2027.

Property Highlights

  • Property type: Studio apartment
  • Size: 400 sq ft (agent-stated)
  • Asking price: AED 870,000
  • Price per sq ft: approx. AED 2,175 (calculated)
  • Floor: Between floors 8 and 18 (agent-stated range)
  • Paid to date: 60% (agent-stated)
  • Expected handover: 30 March 2027 (agent-stated)
  • Developer: Ellington Properties

Why This Listing Is Classified as Off-Plan Distress

The unit has not yet been handed over and the agent describes it as an urgent sale. No original purchase price, DLD transaction or dated market comparable was supplied, so DPF lists it as an off-plan distress resale and does not claim a specific discount.

Price Calculation

  • Asking price: AED 870,000
  • Size: 400 sq ft
  • Rate: AED 870,000 ÷ 400 = approx. AED 2,175 per sq ft

Buyers who want to measure the deal should ask for the seller's SPA price and compare the rate with recent registered transactions for studios at Upper House.

About the Project and Developer

Upper House is a residential development by Ellington Properties in collaboration with DMCC, the authority that manages Jumeirah Lake Towers. Published project information lists studios and 1-, 2- and 3-bedroom apartments from roughly 400 to 1,800 sq ft, so the stated 400 sq ft studio sits at the entry end of that range. Upper House East is one of the project's towers.

Listed facilities include a fitness centre and gym, a sauna, a cinema room, a children's play area, indoor and outdoor leisure spaces, and retail and café units. Final specifications should be confirmed against Ellington's sales documents.

Layout, Floor and View

The agent gives the floor as somewhere between levels 8 and 18 rather than an exact floor. The view, bathroom count, parking and unit number were not supplied. Request the exact floor, unit number and floor plan before making an offer.

Payment Plan and Handover

The agent states that 60% has been paid and that handover is expected on 30 March 2027. Earlier published project information showed an earlier completion target, so buyers should confirm the current handover date with Ellington. Buyers should also confirm the exact amount paid, whether the AED 870,000 includes the remaining balance to the developer, Ellington's transfer and NOC fees and the DLD transfer fee, using the SPA and the developer's statement of account.

Location and Connectivity

Jumeirah Lake Towers is a DMCC-managed mixed-use district beside Sheikh Zayed Road, with Dubai Metro stations, lakeside walkways and nearby Dubai Marina and Jumeirah Islands. Exact travel times should be checked during a viewing.

Verification Notes

  • Agent-supplied facts: project, studio type, size, asking price, urgent sale, floor range, 60% paid and handover date.
  • Calculated figure: price per sq ft.
  • External research: developer, DMCC collaboration, unit mix and facilities from published project information; these are not unit-specific.
  • Not supplied: original price, exact floor, view, bathrooms, parking and remaining balance.

Frequently asked questions

What is the asking price of this Upper House East studio?

The asking price is AED 870,000 for a 400 sq ft off-plan studio at Upper House East by Ellington Properties in JLT, which is about AED 2,175 per sq ft.

Is this studio below the original price?

The agent describes it as an urgent sale but did not supply the original purchase price. DPF therefore does not claim a specific discount; buyers should request the seller's SPA price.

How much has been paid?

The agent states that 60% has been paid. Buyers should confirm the exact amount and whether the asking price includes the remaining balance to Ellington.

When is handover expected?

The agent states handover is expected on 30 March 2027. Earlier published information showed an earlier target, so buyers should confirm the current date with Ellington.

Which floor is the studio on?

The agent gives a range of floors 8 to 18 rather than an exact floor. Buyers should request the exact floor and unit number.

Who is the developer of Upper House?

Upper House in Jumeirah Lake Towers is developed by Ellington Properties in collaboration with DMCC, offering studios and 1- to 3-bedroom apartments.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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