Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026
The Meriva Collection Retail

Commercial Retail

The Meriva Collection Retail

PriceFrom AED 4,800 PSF
CompletionQ2 2030
DeveloperEllington
LocationDubai Islands

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Property

The Meriva Collection by Ellington

Location: Island B, Dubai Islands

Situated on the tranquil shores of Island B within the Dubai Islands master plan, The Meriva Collection offers premium real estate in one of Dubai’s most exclusive coastal zones. Island B, also known as Shore Island, is envisioned as a high-end, low-density destination prioritising luxury, privacy, and curated living.

Project Overview

The Meriva Collection by Ellington Properties is a new luxury waterfront destination on Island B, Dubai Islands, offering a curated blend of upscale living, resort hospitality, and signature beachfront experiences. Spanning six architecturally distinct buildings, the development includes a mix of low- to mid-rise residential structures ranging from G+2 to G+20, housing a total of 903 units in Phase 1 alone.

Each building is thoughtfully oriented to maximise privacy, sea views, and access to natural light, with most units offering uninterrupted panoramas of the Arabian Gulf.

A key highlight of the project is the on-site Ellington-branded hotel, managed by a globally reputed hospitality operator, which brings resort-style services and amenities to residents and guests alike.

At the pinnacle of the offering is the Signature Collection, comprising 11 ultra-luxury penthouses with private pools, rooftop gyms, and expansive 3- to 5-bedroom layouts ranging from ~5,600 to 7,100 sq. ft., crafted with premium finishes and bespoke interiors.

Key Project Details

  • Developer: Ellington Properties

  • Location: Island B, Dubai Islands

  • Development Type: Mixed-use luxury residential and hospitality project

  • Total Buildings: 6 (G+20, G+10 x2, G+6 x2, G+2)

  • Signature Collection:

    • 11 Signature Penthouses (3BR & 5BR)
    • Sizes: ~5,600 – 7,100 sq. ft.
    • Private pools & rooftop gyms
  • Total Units (Phase 1): 903

  • On-Site Hotel: Ellington Hotel, operated by a leading international brand

  • Views: Majority of residences with unobstructed sea views

  • Beach Access: Direct private beachfront for residents

Retail Overview

  • Retail Unit Count: Approx. 29 ((across the entire project)
  • Estimated Unit Sizes: Approx. From 1,000 to 6,000 sq. ft.
  • Starting Price: From AED 4,800 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
  • Handover Timeline: Q2 2030
  • Payment Plan: 70/30
  • Frontage: Ground-floor retail expected with dedicated access from promenade and residential zones
  • Use Cases: Ideal for a curated mix of upscale retail concepts including dining, wellness, convenience, personal care, home interiors, healthcare services, and specialty lifestyle offerings

Payment Plan

#Installment DescriptionPayment %
1 At the Time of Booking 20%
2 60 Days After Reservation Date 10%
3 120 Days After Reservation Date 5%
4 180 Days After Reservation Date 5%
5 240 Days After Reservation Date 5%
6 360 Days After Reservation Date 5%
7 On Completion of 20% Construction 5%
8 On Completion of 30% Construction 5%
9 On Completion of 40% Construction 5%
10 On Completion of 50% Construction / Final Completion 30%
Total 100%

Project Amenities

  • Private beachfront for residents
  • Sea-view apartments and penthouses
  • Signature rooftop gym and private pool decks
  • High-end hospitality integration
  • Courtyard gardens, outdoor lounges, and green pathways

Design & Finishes

  • Contemporary architecture with flowing, organic lines
  • Open-air sky corridors and garden-view decks
  • Premium natural materials and elegant detailing
  • Ellington’s signature design-led interiors across all public and private spaces

Views

  • Uninterrupted Arabian Gulf sea views from most units
  • Retail units expected to face internal landscaped areas or semi-promenade zones
  • Low-rise, low-density surrounding ensures high visibility and minimal obstruction
  • Potential visibility from Island B’s village centre or beachfront pathways (based on masterplan layout)

Location

First-Row Waterfront Living on Island B, Dubai Islands

The Meriva Collection by Ellington occupies a premier "first-row" position on Island Bthe northernmost edge of the Dubai Islands (formerly Deira Islands) — directly overlooking the open Arabian Gulf. This specific orientation offers some of the most expansive, uninterrupted waterfront and sunset views anywhere in Dubai.

Island B, also known as Shore Island, is the most tranquil and low-density zone within the five-island master plan. The island has been masterfully zoned for boutique resorts, wellness-focused residences, and curated community retail — all with a strong emphasis on privacy, open green space, and walkability.

While Island A will host the main marina and high-traffic hospitality attractions, Island B is designed for residents seeking an exclusive, resort-like experience away from the bustle.

A Secluded Yet Connected Coastal Address
  • True Waterfront Serenity: Unlike Marina, JBR, or Palm Jumeirah, Island B offers a quieter, more refined luxury — defined by soft landscaping, pedestrian boulevards, and low-rise beachfront design.
  • New-Era Community: The Meriva Collection anchors the flagship residential phase of the Dubai Islands vision, placing residents at the center of upcoming “Blue Flag” beaches, yacht docking, and nature-linked amenities.
  • Island-City Hybrid: The Infinity Bridge connects Island B to Deira and mainland Dubai in under 10 minutes — offering island tranquility with urban access, including Dubai International Airport and the historic Gold Souks.
Key Destinations & Distances
0–5 Minutes: On-Island Highlights
  • Dubai Islands Beach: Pet-friendly, family-ready, and walkable from the site.
  • Centara Mirage & Hotel Riu: Beach clubs, dining, and waterparks.
  • Future Marina & Yacht Docking: A short drive from Meriva’s entrance.
5–15 Minutes: Cultural & Transport Hubs
  • Infinity Bridge: Iconic vehicular link to Deira.
  • Deira Waterfront Market (~8 mins): Dubai’s modern seafood and produce hub.
  • Gold & Spice Souks (~12 mins): Historic trading districts near the Creek.
  • Gold Souq Metro (~10 mins): Nearest link to the city’s metro system.
15–25 Minutes: Major City Connections
  • Dubai International Airport (DXB) (~15 mins)
  • Dubai Frame & Zabeel Park (~18 mins)
  • Downtown Dubai & Burj Khalifa (~25 mins)
Positioned for Growth

Island B is not just a beachfront sanctuary — it’s the centerpiece of Dubai's northern urban expansion. The area is adjacent to the upcoming Deira Central business hub and the future Dubai Islands Mall, both of which are expected to attract tourism, increase foot traffic, and support capital appreciation for nearby assets. Planned future metro connectivity will further enhance mobility and long-term value.

As Dubai’s population approaches 7.8 million by 2040 and prime coastal land becomes scarce, Island B stands out as one of the most compelling lifestyle and investment destinations in the city — offering early-mover advantage in a government-backed, master-planned waterfront enclave.

Illustrative model

Scenario modeller

Set your own assumptions and see how The Meriva Collection Retail 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.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

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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 Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

The Meriva CollectionDubai Islands

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