Ellington Views Phase 2 By Ellington Properties in Al Hamra Village
Ellington Views Phase 2 By Ellington Properties · Al Hamra Village, Dubai
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Launch Price
AED 2.16M
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
20/30/50
Handover
Q1 2027
Projected Yield
5.3 to 7.1%
In Al Hamra Village, Ellington Views Phase 2 By Ellington Properties launches studio, 1 - 3 beds apartment units with prices beginning at AED 2.16M. Buyers pay 20% on booking, 30% across the construction phase, and settle the final 50% on handover in Q1 2027. Market conditions in Al Hamra Village support projected gross yields between 5.3 and 7.1 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Ellington Views Phase 2 By Ellington Properties fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 54,021/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 432,166 Due on signing SPA |
|
| During Construction | 30% | AED 54,021/mo 12 monthly instalments |
|
| On Handover | 50% | AED 1,080,414 Due at Q1 2027 |
|
| Total | AED 2,160,828 | ||
On Booking
20%
AED 432,166
Due on signing SPA
During Construction
30%
AED 54,021/mo
12 monthly instalments
On Handover
50%
AED 1,080,414
Due at Q1 2027
Total
100%
AED 2,160,828
Questions about Ellington Views Phase 2 By Ellington Properties
What payment plan does Ellington Views Phase 2 By Ellington Properties offer?
Ellington Views Phase 2 By Ellington Properties uses a 20/30/50 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Ellington Views Phase 2 By Ellington Properties fits your budget and send you comparable alternatives.
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