Renat BashirovUpdated: 30 October 202616 min read
Ellington House 2 is one of the most actively traded boutique projects in Dubai Hills Estate. For owners of a 1-bedroom apartment here, 2024–2025 has been a period of rapid price growth, healthy liquidity – and, at the same time, rising seller expectations that are starting to run ahead of real closing prices.
In this article we break down, using live Land Department data and portal listings, how a real 1-bedroom sale in Ellington House 2 is priced and positioned today. We will look at:
- How the Dubai market backdrop affects your exit timing and achievable price;
- The full deal history in Ellington House 2 for 1-beds – what buyers actually paid and how fast they are still transacting;
- Current asking prices versus achieved prices and whether the building is overheated;
- Rental benchmarks in Dubai Hills Estate and how they translate into realistic ROI for this project;
- A step-by-step seller strategy: pricing, packaging and negotiation for a 1-bedroom resale;
- How investors look at this asset: risk/return, exit horizons and scenarios.
If you own a 1-bedroom apartment in Ellington House 2, Dubai Hills Estate, or are considering buying one as an investment, this is a data-driven playbook for your next move.
What you must know about the Dubai market before selling
Any pricing decision for Ellington House 2 must start from the wider Dubai Hills Estate and Dubai market context. The numbers clearly show: we are still in a strong, landlord-friendly market, but some micro-locations have entered a more selective, data-sensitive phase.
1. Dubai Hills Estate has deep rental demand
Over the last 12 months, Dubai Hills Estate recorded around 200 new and renewed 1-bedroom rental contracts across various buildings, according to Ejari/Land Department data aggregated for the parent community. That is an average of about 16–17 rental deals per month for 1-beds alone.
This matters to a seller because:
- Most end-user buyers today still price-check against “could I rent something similar instead?”
- Yield-driven investors benchmark your 1-bedroom in Ellington House 2 against other 1-beds in Park Heights, Golf Suites, Mulberry, Gardenia Residence and the newer towers.
Median annual rent for a 1-bedroom across Dubai Hills Estate currently sits at about AED 94,250. In better-quality or golf-facing stock, fresh contracts reach AED 120,000–128,000 per year; budget or compact 1-beds still close at AED 80,000–90,000.
2. Sales momentum in prime mid-market stock is still positive
Across Dubai’s stronger freehold communities, price appreciation has slowed from the explosive 2021–2023 phase, but volumes remain robust. Projects combining:
- Strong developer brand (Ellington),
- Established master developer and infrastructure (Emaar, Dubai Hills),
- Design-led, boutique positioning,
are still capturing a premium over “commodity” stock. Ellington House 2 sits exactly in this segment.
3. Off-plan is dominating this micro-market – and that changes pricing logic
In Ellington House 2, 100% of recorded 1-bedroom sales are off-plan. There are no registered ready resales yet. Every transaction so far has been a developer sale or an assignment/secondary off-plan deal.
Why it matters for your exit:
- Buyers compare you directly with developer pricing and payment plans, not just with ready resales next door.
- They discount for construction risk, handover timelines and payment milestones.
- Valuation is more about price per square foot versus the primary market than about “last ready sale in the building”.
In short: you are selling into a still-bullish Dubai market, in a strong master community, but in a 100% off-plan building where buyers are more analytical and PSF-driven than in a mature, fully ready tower.
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Deal history for the building: price and demand dynamics
Ellington House 2 has already built a meaningful transaction history for 1-bedroom units, which gives us a clear picture of price evolution and demand strength.
1. Volume: how liquid is a 1-bedroom here?
- Total 1-bedroom sales recorded: 119 transactions
- Period covered: March 2023 – November 2025 (around 970 days)
- Last 12 months: 21 transactions
- Average pace: ~1.75 deals per month for 1-beds alone
This is solid liquidity for a single building and a single bedroom type. It shows:
- Consistent absorption of 1-beds over the life of the project;
- Enough recent data points to confidently price a new listing without guesswork.
2. Price levels: from launch to today
Looking at the full history of 1-bedroom deals in Ellington House 2:
- All-time median price: AED 1,608,828
- All-time median price per sq.ft.: AED 1,958 psf
In the last 12 months, however, the medians have moved sharply higher:
- Last 12M median price: AED 1,850,000
- Last 12M median price per sq.ft.: AED 2,198 psf
That is roughly a 15% increase in headline price from the overall historical median, and about a 12% increase in price per sq.ft. – a clear indication that late-stage stock and reassignments are trading at a premium to earlier releases.
3. Recent individual transactions: a realistic band
Recent off-plan 1-bedroom sales (all in 2025) show the actual range buyers have been paying:
| Date | Price (AED) | Size (sq.ft.) | Price per sq.ft. (AED) |
|---|---|---|---|
| 10 Nov 2025 | 1,780,000 | 788 | 2,260 |
| 4 Nov 2025 | 1,770,000 | 844 | 2,097 |
| 4 Nov 2025 | 1,900,000 | 865 | 2,198 |
| 28 Oct 2025 | 2,100,000 | 794 | 2,644 |
| 13 Oct 2025 | 1,890,000 | 794 | 2,379 |
| 6 Oct 2025 | 1,850,000 | 844 | 2,192 |
| 30 Sep 2025 | 1,740,000 | 799 | 2,177 |
| 29 Sep 2025 | 1,910,000 | 794 | 2,404 |
| 17 Jul 2025 | 2,225,000 | 890 | 2,500 |
| 8 May 2025 | 1,815,000 | 799 | 2,271 |
This tells us that:
- The practical deal band for 1-beds has been roughly AED 1.74M – 2.23M over 2025, depending on stack, size and view.
- Most deals cluster between AED 1.8M and 2.0M for typical 790–840 sq.ft. layouts.
- Exceptional stacks and larger 1-beds cross AED 2.2M and AED 2,400–2,600 psf.
4. Demand trend: slowing or stable?
With 21 deals in the last 12 months versus 119 total since March 2023, sales velocity has naturally slowed as inventory has been absorbed. However, consistent trading at higher PSF levels suggests:
- We are in a late but still active phase of the off-plan sales cycle;
- Buyers are still willing to pay a rising premium for this project compared to its original launch pricing.
For an owner, the message is clear: demand is still there, but buyers know the numbers. A serious pricing strategy today must start from the AED 1.8M–2.0M band for standard 1-bed layouts and justify any premium above that.
Current listings and liquidity: what apartments are really asking now
To understand how we priced and positioned a 1-bedroom sale in Ellington House 2, we need to benchmark against what is currently on the market, not just what has closed.
1. Active resale supply in Ellington House 2
As of the latest data cut, the portal shows 10 active 1-bedroom listings for sale in Ellington House 2. All of them are still classified as off-plan, with no ready stock yet.
- Median asking price: AED 2,100,000
- Median asking size: ~800 sq.ft.
- Median asking price per sq.ft.: AED 2,628 psf
Individual examples illustrate the spread:
| Asking price (AED) | Size (sq.ft.) | PSF (AED) | Furnishing |
|---|---|---|---|
| 2,000,000 | 843 | ≈ 2,372 | Unfurnished |
| 2,050,000 | 800 | ≈ 2,562 | Unfurnished |
| 2,100,000 | 799–843 | ≈ 2,490–2,629 | Mainly unfurnished |
| 2,150,000 | 794 | ≈ 2,708 | Fully furnished |
| 2,200,000 | 799 | ≈ 2,753 | Partly furnished |
| 2,300,000 | 800–843 | ≈ 2,728–2,725 | Unfurnished / furnished mix |
2. Ask vs. sold: are sellers running ahead of the market?
When we compare current asking PSF with the median PSF of closed deals over the last 12 months, the gap becomes clear:
- Last 12M median sold PSF: AED 2,198
- Current median asking PSF: AED 2,628
The current ask vs. sold PSF ratio is about 1.20. In plain English, sellers are asking roughly 20% more per sq.ft. than what buyers have actually been paying in recent deals.
This is the core “overheat” indicator for Ellington House 2 today. It does not necessarily mean that the market will not close at these levels, but it does mean:
- Overpriced units will sit longer and end up chasing the market down;
- Well-priced units (near recent sold PSF, with clear advantages) will attract the limited pool of serious buyers quickly.
3. Liquidity and months of inventory
We can quantify how “liquid” the 1-bedroom segment is by comparing current listings with the recent pace of sales.
- Active 1-bed listings in Ellington House 2: 10
- Average deals per month (last 12M): 1.75
- Months of inventory: 10 ÷ 1.75 ≈ 5.7 months
In market terms:
- 0–3 months of inventory = strong seller’s market;
- 3–6 months = balanced/normal market;
- 6+ months = tilting towards a buyer’s market.
With about 5.7 months of inventory, Ellington House 2’s 1-bedroom segment is now closer to a balanced market. This is precisely why a precise, data-backed pricing strategy is critical: you no longer sell just because you list.
4. Positioning a real sale in this context
For a real 1-bedroom resale in Ellington House 2, our strategy is typically to:
- Anchor pricing at or slightly above recent sold PSF (around AED 2,200–2,350 psf for standard units) rather than at the speculative AED 2,600+ psf median ask.
- Highlight unique value drivers (view corridor, large balcony, best stack, payment plan, post-handover terms) to justify any premium.
- Use the oversupply of overpriced listings as a contrast: “this is the sensibly priced, ready-to-transact option in the building”.
Rent and yields: how ROI is calculated and what local numbers show
Even if you are selling a 1-bedroom in Ellington House 2 to an end-user, the investor logic matters. Most buyers today ask, “What is the yield here versus alternative options?” before committing. We can answer that with actual Dubai Hills Estate rent data.
1. Rental benchmarks for 1-beds in Dubai Hills Estate
Based on 200 recent 1-bedroom rental transactions in the wider community:
- Median annual rent: AED 94,250
- Median rent psf: AED 153 per sq.ft. (community-wide average)
- Contract range: roughly AED 80,000 – 128,000 per year for 1-beds, depending on building, size and finish
Well-positioned, design-led projects like Ellington House 2 can reasonably target the upper half of this range, especially once fully handed over.
2. How we calculate realistic gross yield
For Ellington House 2, using the latest sales and rent medians, we can construct a base investor case:
- Median sale price (1-bed, last 12M): AED 1,850,000
- Estimated median annual rent for a 1-bed in this quality bracket: AED 94,250
Gross yield is calculated as:
Gross Yield (%) = (Annual Rent ÷ Purchase Price) × 100
= (94,250 ÷ 1,850,000) × 100 ≈ 5.09%
From our pre-computed stats for this building:
- Estimated gross yield: ~5.1%
- Price-to-rent ratio: ~19.6 years
A 5%+ gross yield for a brand-new, boutique product in a prime master community is competitive versus many established Dubai freehold areas, especially given Ellington’s design premium and the long-term growth story of Dubai Hills Estate.
3. How better or worse pricing affects ROI
For a seller, understanding the investor’s yield sensitivity helps position your ask:
- At AED 1.9M purchase price and AED 100,000 rent, gross yield ≈ 5.26%.
- At AED 2.1M purchase price and AED 100,000 rent, gross yield ≈ 4.76%.
- At AED 2.3M purchase price and AED 100,000 rent, gross yield ≈ 4.35%.
Many yield-focused investors in Dubai Hills Estate target at least 5% on prime stock. That means that, for a typical 1-bedroom, pushing the asking price too far beyond AED 2.1M without a clear rent upside story will push your apartment outside the comfort zone of the bulk of investor demand.
4. Net yield and realistic holding costs
Serious investors also factor in:
- Service charges in design-led mid-rise projects like Ellington House (often higher than in basic towers);
- Vacancy (assume 5–10% of the year in between tenancies, especially initially);
- Maintenance, agency and marketing costs.
If gross yield is ~5.1%, a realistic net yield after all costs might sit around 3.7–4.2% for a hands-off investor. This is still acceptable for many buyers who also price in expected capital appreciation.
Seller strategy: how to prepare and sell this type of apartment in Dubai
Given the numbers above, how do you actually sell a 1-bedroom apartment in Ellington House 2 today at a strong price, without watching it stagnate on the portals?
1. Start with data, not with neighbour gossip
Your neighbour might “aim for AED 2.4M+”, but the data shows:
- Recent 1-bed closed deals mostly between AED 1.8M and 2.0M for standard layouts;
- Median current asks around AED 2.1M (≈ AED 2,628 psf) – already about 20% above recent sold PSF.
A professional sale strategy for a 1-bedroom in Ellington House 2 typically follows this logic:
- Identify your unit’s exact PSF band: stack, level, view, orientation, payment plan, handover timing and any upgrades.
- Benchmark against the last 10 comparable deals (similar size and stack, not just any 1-bed) rather than against the highest listing online.
- Set a pricing corridor:
- Base: recent median sold PSF (≈ AED 2,200 psf);
- Upside: premium justified by your specific advantages (view, layout, corner unit, post-handover payment plan).
2. Pricing example for a typical 800 sq.ft. 1-bedroom
For illustration, consider a standard ~800 sq.ft. 1-bedroom in Ellington House 2 with average floor and a good, but not iconic, view:
- Recent median PSF: ~AED 2,198
- Reasonable listing PSF, slightly above market: AED 2,250–2,350
That implies a rational asking price band of:
- 800 sq.ft. × AED 2,250 = AED 1,800,000
- 800 sq.ft. × AED 2,350 = AED 1,880,000
For a superior stack or larger layout (say 840–890 sq.ft., golf-facing, higher floor), you can reasonably push into the AED 2.0M–2.2M range, especially if the payment plan is attractive.
Pushing aggressively into AED 2.3M+ territory only makes sense if:
- The unit is objectively one of the top 5–10 units in the building by view and layout; and
- Your marketing clearly articulates why.
3. Off-plan specific: manage assignment and payment plan realities
Because Ellington House 2 is 100% off-plan in the current dataset, a significant part of the sale is structuring and communicating the financial side:
- What % of the purchase price is already paid? A higher paid-up position often supports a higher premium, as the buyer’s upfront cash need is reduced after adjustment.
- Is there a post-handover payment plan? That can be a strong selling point, especially for investors looking to leverage rent to cover part of the remaining instalments.
- Are there assignment restrictions or fees? These must be disclosed early to avoid fall-through later.
A professional broker will build a clear cash-flow schedule for the buyer, showing:
- Assignment cost and any developer admin fees;
- Already-paid instalments, their value and timing;
- Future instalments by date, amount and stage;
- Expected handover and potential rent start date.
4. Presentation and marketing: not just “nice photos”
For boutique projects, the emotional component is higher than in generic towers. Effective marketing for a 1-bed in Ellington House 2 should:
- Sell the design story: Ellington finishes, lobby design, amenity spaces, pool and gym quality versus older stock like Park Heights.
- Use renders and construction updates to reduce off-plan risk perception.
- Provide hard numbers up front: expected rent range, gross yield at the asking price, and comparison to nearby buildings.
- Targeted exposure: not just generic portal ads, but curated offers to investors already holding Dubai Hills units who understand the community and its rent dynamic.
5. Negotiation: where deals actually land
In a market with ~5.7 months of inventory and a 20% ask/sold PSF gap, professional negotiation means:
- Expecting 3–7% negotiation room from your original asking price if you have priced intelligently;
- Being ready with data-backed counter-arguments when low offers come in (“this is below the last X Land Department deals in Ellington House 2”);
- Knowing in advance your real walk-away price, based on your equity, financing and alternative options.
How an investor sees this apartment: risks, scenarios and horizons
To maximise the sale price of a 1-bedroom in Ellington House 2, you need to see the asset through the eyes of an investor. Most serious buyers run a mental (or Excel) model based on a few key questions.
1. Entry price vs. rental cash flow
As we saw earlier:
- At AED 1.85M–1.9M entry, with AED 94,000–100,000 rent, gross yield ≈ 5–5.3%.
- At AED 2.1M–2.3M entry, same rent, gross yield falls to 4.3–4.8%.
An investor will ask:
- “Is the incremental design quality and brand premium enough to justify lower yield versus a basic 1-bed in another Dubai Hills building at 5.5–6.0%?”
- “How fast can rents grow here in the next 3–5 years to compress the price-to-rent ratio?”
2. Capital appreciation scenarios
An informed investor will usually build three scenarios over a 5-year horizon:
- Conservative:
- Capital growth: 2–3% per year after handover;
- Rents: inflationary growth of 2–3% per year;
- Net outcome: stable real value, modest positive total return from rent plus small appreciation.
- Base case:
- Capital growth: 4–6% per year driven by Dubai Hills Estate maturing and Ellington brand premium;
- Rents: 3–4% yearly growth as the building proves itself with actual tenants;
- Net outcome: 30–40% total return over 5 years including rent and moderate leverage.
- Optimistic:
- Shorter supply of high-quality new launches or further demand spikes;
- Capital growth: 7–8%+ per year for the first 3 years post-handover;
- Rents rising faster than inflation due to oversubscription to boutique product.
To pay top-of-market prices today, investors need to believe in at least the base case. Your agent must articulate a credible narrative for why Ellington House 2 can outperform “average Dubai Hills” over that horizon.
3. Key risks investors price in
- Off-plan and handover risk: timeline slippage, snagging issues, and the ramp-up period before reaching full occupancy and stable rents.
- Overheat risk in the micro-market: the current 20% ask/sold PSF gap could correct if enough units chase a limited buyer pool.
- Service-charge sensitivity: if service charges are significantly higher than in older Dubai Hills towers, net yields compress further.
- Macro risk: broader Dubai cycle, global interest-rate environment and currency moves for foreign buyers.
As a seller, you cannot remove these risks, but you can:
- Be transparent on timelines and payment schedules;
- Provide realistic rent and yield projections grounded in Dubai Hills transaction data;
- Show comparative analysis vs. nearby alternatives (why an investor should pay your price here and not buy a cheaper 1-bed in a less premium building).
PDF shortlist · updated 27 October 2026
New Dubai projects of October 2026
30 projects · prices from DLD and developers
30 more in the PDF: prices, handover dates, payment plans
The PDF opens instantly. Refreshed monthly from DLD data.



