Bulk Package of 5 Apartments in The Highgrove by Ellington, MBR City – AED 2.27M Below OP + DLD

Property Overview

This is a bulk package of five off-plan apartments in The Highgrove by Ellington, Mohammed Bin Rashid City, Dubai: two 1-bedroom, two 2-bedroom and one 3-bedroom unit, totalling 5,812 sq ft. The package is offered at AED 12,100,000, which is AED 2,270,865 (15.8%) below the agent-stated original price plus DLD figure of AED 14,370,865. All units are on high floors, with handover stated for 2028.

Package Highlights

• Package: 5 apartments sold together (bulk)
• Unit mix: 2 x 1-bedroom, 2 x 2-bedroom, 1 x 3-bedroom
• Total built-up area: 5,812 sq ft
• Package asking price: AED 12,100,000
• Agent-stated original price plus DLD: AED 14,370,865
• Saving versus that figure: AED 2,270,865 (15.8%)
• Blended asking rate: approximately AED 2,082 per sq ft
• Average price per unit: approximately AED 2,420,000
• Floors: all high floors (agent-stated)
• Handover: 2028 (agent-stated)
• Developer: Ellington Properties

Why the Price Qualifies as Below OP

The agent brief gives an original price of AED 14,370,865 for the five units and an asking price of AED 12,100,000. DPF calculates the difference as AED 2,270,865, or 15.8% of that figure, consistent with the agent's description of a saving of more than AED 2.27 million. Dividing the package price by the combined 5,812 sq ft gives a blended rate of about AED 2,082 per sq ft.

The agent describes the benchmark as original price plus DLD. If the AED 14,370,865 figure includes the 4% DLD fee, the original purchase prices alone would total about AED 13,818,139, and the package would sit about AED 1,718,139 (12.4%) below them. Either way the asking price is below the original purchase cost. The benchmark is the sellers' original price as supplied in the agent brief received on 15 October 2026, not a DLD transaction record or independent valuation.

About the Project, Developer and Community

The Highgrove is a single residential tower by Ellington Properties in the Bukadra area of Mohammed Bin Rashid City, near Meydan. Published project information describes a ground floor, four podium levels and 31 residential floors with about 296 homes, from 1-bedroom apartments to larger 3-bedroom layouts, sky villas and penthouses.

Listed facilities include an infinity pool, a gym, a yoga studio, a spa with sauna and steam rooms, a kids' club, a cinema room, a residents' lounge, a jogging track and a sky viewing deck. The project was launched in October 2024. Final amenity delivery should be confirmed against Ellington's handover documentation.

Layout, Floor and View

The agent confirms all five units are on high floors and states the combined built-up area. The size, floor, view and price of each individual unit were not supplied, and DPF has not assumed them. Buyers should request a unit-by-unit schedule showing size, floor, view, original price and amount paid.

Payment Plan and Handover

The agent states handover in 2028. Published project information shows an earlier estimated handover of Q4 2027, so buyers should confirm the current completion date with Ellington. The amounts already paid and the remaining instalments for each unit were not supplied. Obtain each unit's SPA, Oqood and statement of account, and confirm Ellington's NOC and resale transfer conditions for a multi-unit purchase.

Who This Package Suits

A five-unit bulk purchase is mainly suited to investors who want several units in one building under a single transaction. The brief does not say whether the units can be bought individually, so assume the price applies only to the full package unless the agent confirms otherwise.

Location and Connectivity

Bukadra sits within Mohammed Bin Rashid City near Meydan, with road access towards Al Khail Road and central Dubai. DPF has not stated travel times because they were not verified for this listing.

Verification Notes

• Agent-supplied facts: project, developer, community, unit mix, combined size, original price plus DLD figure, package price, high floors and 2028 handover.
• DPF-calculated figures: saving amount and percentage, blended price per sq ft, average price per unit and the illustrative excluding-DLD comparison.
• External research: general project facts from published project information, not unit-specific records.
• Not supplied: per-unit sizes, floors, views and prices, amounts paid, payment plan and whether units can be sold separately.