UAE Business News

Ellington and DMCC launch $326.6mn high-rise residential development

Boutique developer Ellington Properties and Dubai Multi Commodities Centre (DMCC) have announced a partnership to develop Upper House, a new residential development located in the mixed-use community of Jumeirah Lakes Towers (JLT).

The US $326.6mn development is Ellington Properties’ first development in JLT and is due for completion by the beginning of 2026, the developer said. Brewer Smith Brewer Group (BSBG) has designed the project with Ellington Properties’ signature, high-quality amenities. It embodies a holistic design philosophy, the statement noted.

The development will feature 754 units comprising of studios, one-, two- and three-bedroom, offering residents expansive views of Jumeirah Islands and the Dubai Marina skyline. Residents will be able to avail of a wealth of facilities including a 37m horizon pool, an interactive fitness studio, a health club with a climbing wall, a yoga studio, a sky spa, and padel and basketball courts.

In early November 2022, the developer began handovers of its Harrington House residential project.

The residences will also feature a movie theatre, a residential clubhouse, a record lounge, a podcast room, a skate park, a pet play area, a kids’ splash pad, a kids’ play area, an outdoor barbeque area, and more.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC said, “By serving its residents, supporting businesses, and creating unique experiences for visitors, JLT has become one of the most iconic mixed-use developments in the UAE. As we look to build upon this status in the years to come, it is crucial that we bring new and exciting projects to the district – this partnership with Ellington Properties delivers exactly that. Ellington Properties’ commitment to crafting high-quality properties and communities aligns with JLT’s unique identity as a neighbourhood full of soul.”

JLT has grown organically to become one of Dubai’s leading mixed-use communities. Central to JLT’s appeal is its diverse offering of leisure, hospitality, dining, and recreation facilities. From F&B pop-ups to five-star dining, and community markets to high-end retail, JLT offers something for everyone, he added.

In mid November 2022, the developer said it would build a 88-unit project on the Palm Jumeirah.

Joseph Thomas, Co-Founder of Ellington Properties concluded, “We are excited to partner with DMCC to bring our signature high-quality residences to JLT. The vibrant neighbourhood will help to enhance the lifestyles of our Upper House residents, adding to our resort-like amenities and design-led homes. Through this project, we will support the ambitions of DMCC to bolster JLT’s position as a destination for positive change.”

In late November 2022, the developer awarded a $30.5mn contract for the development of Ellington House.

The post Ellington and DMCC launch $326.6mn high-rise residential development appeared first on Middle East Construction News.

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