DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — Ellington Properties, a leading Dubai real estate developer, has announced its inaugural beachfront residential development, Ellington Cove, located on Dubai Islands. This marks a significant milestone for the developer as it ventures into coastal living, blending architectural sophistication with waterfront serenity.
Ellington Cove: Redefining Beachfront Living in Dubai
Ellington Cove introduces a new benchmark in waterfront living, offering unparalleled beach access, panoramic views of the Arabian Gulf, and a serene seaside ambiance, all while being just moments away from Dubai’s bustling urban attractions. Located on the prestigious Dubai Islands, this project aligns perfectly with Dubai’s ambitious vision of transforming its coastline into a global hub for luxury, leisure, and tourism. With over 21 kilometers of pristine beaches as part of this master development, Ellington Cove sets a new standard for exclusive coastal living.
A Perfect Fusion of Luxury and Lifestyle
Ellington Cove offers the ultimate blend of beachfront luxury and premier lifestyle amenities. Residents will enjoy direct access to serene beaches, a championship golf course, and an upscale shopping destination—all in close proximity. Each residence showcases Ellington Properties’ signature design excellence, featuring sophisticated European-inspired interiors, cutting-edge appliances, and finishes that rival five-star hotels.
To elevate the living experience, the development includes resort-style amenities such as infinity pools, state-of-the-art fitness centers, and lushly landscaped spaces. This harmonious combination of elegance and practicality delivers a lifestyle unmatched in refinement and comfort.
Words from Ellington Properties’ CEO
Elie Naaman, Co-Founder and CEO of Ellington Properties, shared his vision for the project:
“Ellington Cove is more than a residence; it embodies a thoughtfully designed coastal lifestyle that mirrors Dubai’s architectural and lifestyle evolution. Our commitment to design-led developments continues with this project, allowing us to expand our portfolio while addressing the growing demand for premium waterfront homes.”
Ellington Properties: Redefining Excellence
Ellington Properties has firmly established itself as a leader in the UAE’s real estate sector, renowned for its design-centric philosophy and exceptional craftsmanship. Founded by Robert Booth, a key figure behind iconic projects like the Burj Khalifa and Downtown Dubai, the company continues to deliver landmark developments that embody innovation, sustainability, and investment value.
An Investment Opportunity Like No Other
Ellington Cove stands as a milestone project for the company, boasting a total value of AED 3.2 billion (USD 870 million). It represents not just a luxurious living experience but also an exceptional investment opportunity. Ellington Properties has consistently delivered robust returns, with capital appreciation rates of 25% to 35% over the past three years. Dubai’s favorable investment climate, including tax advantages and global connectivity, further enhances the project’s appeal for international investors.
Anticipated Completion
Ellington Cove is set for completion in 2028, promising to redefine coastal living with its exquisite design, exceptional amenities, and investment potential.
