Berkeley Place
Ellington Properties · studio, 1BR, 2BR · Sobha Hartland, Dubai
Berkeley Place is a residential project by Ellington Properties in Sobha Hartland, Dubai, offering studio, 1BR, 2BR layouts. Prices start from AED 2,180,000. This is an off-plan purchase with expected completion in December 2024 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 6.5% – 8%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Berkeley Place is a residential complex featuring apartments in a range of sizes, located in the thriving Sobha Hartland community, set for handover in Q4 2024.
Key facts
- Developer
- Ellington Properties
- Area
- Sobha Hartland, Dubai
- Property type
- studio, 1BR, 2BR
- Starting price
- AED 2,180,000
- Payment plan
- 60% during construction, 40% on handover
- Expected completion
- December 2024
- Construction status
- Now selling
- Indicative gross yield
- 6.5% – 8%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Berkeley Place typically fits investors balancing rental income with capital appreciation at a mid-market ticket, across studio, 1BR, 2BR layouts in Sobha Hartland, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6.5% – 8%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Sobha Hartland, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Berkeley Place cost?
Prices at Berkeley Place start from AED 2,180,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Berkeley Place located?
Berkeley Place is located in Sobha Hartland, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Berkeley Place?
The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.
When is Berkeley Place expected to complete?
Expected completion is December 2024 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Berkeley Place?
The indicative gross band for this area and unit mix is 6.5% – 8%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Berkeley Place?
Berkeley Place is developed by Ellington Properties. We review their delivery record, build quality and value retention before recommending it.
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