Palm JumeirahAED 3,637/sqftDubai Maritime CityAED 3,127/sqftDowntown DubaiAED 2,919/sqftDubai IslandsAED 2,750/sqftBusiness BayAED 2,566/sqftDubai Creek HarbourAED 2,566/sqftDubai MarinaAED 2,507/sqftDubai Hills EstateAED 2,434/sqftJumeirah Lakes TowersAED 2,271/sqftMohammed Bin Rashid CityAED 2,096/sqftAl JaddafAED 2,049/sqftJumeirah Village TriangleAED 1,667/sqftDubai SouthAED 1,645/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,506/sqftDubai Sports CityAED 1,332/sqftPalm JumeirahAED 3,637/sqftDubai Maritime CityAED 3,127/sqftDowntown DubaiAED 2,919/sqftDubai IslandsAED 2,750/sqftBusiness BayAED 2,566/sqftDubai Creek HarbourAED 2,566/sqftDubai MarinaAED 2,507/sqftDubai Hills EstateAED 2,434/sqftJumeirah Lakes TowersAED 2,271/sqftMohammed Bin Rashid CityAED 2,096/sqftAl JaddafAED 2,049/sqftJumeirah Village TriangleAED 1,667/sqftDubai SouthAED 1,645/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,506/sqftDubai Sports CityAED 1,332/sqft
DLD · MEDIAN 12M TO SEP 2026
Eaton Square Offices

Commercial Offices

Eaton Square Offices

PriceFrom AED 3,300 PSF
CompletionQ2 2028
DeveloperEllington
LocationMeydan Horizon

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Property

Eaton Square by Ellington

Location: Meydan Horizon, Mohammed Bin Rashid City – A design-forward address near Dubai Design District, Downtown, and Ras Al Khor Wildlife Sanctuary. Offers seamless connectivity to Business Bay, DIFC, and Dubai International Airport via the upcoming Green Line Metro extension and major arterial roads.

Project Overview

  • Grade A Commercial Tower – 18 Floors of Premium Shell & Core Offices
  • Ellington’s First-Ever Commercial Project | Waterside Setting in MBR City
  • Biophilic Architecture | Human-Centric Workspaces | Ellington Art Integration
  • Panoramic Views of Crystal Lagoon, Downtown Dubai, and Ras Al Khor Wildlife Sanctuary

Building Configuration

  • 2B + G + 4P + Amenity Floor + 14 Office Floors
  • Total GFA: 153,507 sq. ft. of dedicated office space
  • Special Duplex Units: Premium double-height floors on levels 10–13
  • Typical Floor Sizes: Approx. 12,000+ sq. ft. with options for subdivision into 7–8 units per floor
  • Amenities & Landscaping: 19,765 sq. ft. of indoor-outdoor lifestyle areas

Office Space Overview

  • Office Sizes: Approx. 12,349 to 12,429 sq. ft. per typical floor•
  • Special Units: From 20,632 to 21,412 sq. ft. (double-height duplexes)
  • Starting Price: From AED 3,300 per sq. ft.
  • EOI: AED 500,000
  • Payment Plan: 70/30
  • Completion Date: Q2 2028
  • Ownership: Freehold
  • Service Charges: AED 14 per sq. ft
  • VAT: 5%
  • Licensing: Available to mainland-licensed companies

Office Space Details

  • Shell & Core delivery with raised floor provisions
  • Customization possible – one floor or multiple units per tenant
  • Floor-to-floor heights: 4.2m; ceiling height: 3.7m; raised floor depth: 150mm
  • Power Load: 118–120 watts per sqm per floor
  • 2 Basement + 4 Podium Levels with 270 total parking bays
  • EV charging stations and bicycle storage available
  • 8 Passenger Lifts + 1 Service Lift (destination-controlled, 3.5 m/s)
  • Dedicated pantry and breakout lounge provision on each floor
  • Smart security with facial recognition, QR, NFC, and 24/7 video analytics

Amenities

  • Amenity Floor (Level 5): Fitness studio with eco-conscious equipment, yoga pavilion, sauna, and outdoor recreation zones
  • Co-working lounge with communal tables, soundproof call booths, and power-ready pods
  • Air-conditioned retail arcade with wellness cafés and boutique eateries
  • Ellington’s signature scent, art installations, and biophilic interiors across public zones
  • Meditation gardens, hammock zones, cycling paths, and al fresco dining decks
  • Children’s play area with interactive learning and music spaces

Design & Finishes

  • Ellington’s signature palette: brushed brass, premium marble, oak wood, antibacterial flooring
  • Low-VOC materials and moisture-resistant finishes support cleaner air quality
  • Sun-path-optimized layout for deep daylight penetration
  • Double-height glazing and ambient feature lighting
  • Breathable architectural design aligned to prevailing wind for natural ventilation

Views

  • Tranquil outlooks over the Crystal Lagoon and Ras Al Khor Wildlife Sanctuary
  • Unobstructed skyline views of Downtown Dubai and Dubai Creek
  • Immersive landscaping and water features visible from most floors
  • Floor-to-ceiling glazing maximizes light and visual connection to nature

Illustrative model

Scenario modeller

Set your own assumptions and see how Eaton Square Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

DLD's published lines only — add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

Location

Eaton SquareMeydan Horizon, Dubai

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